IAEA urges safeguard on Korea's nuclear submarine plan, verification on Iran SEOUL, April 15 (AJP) - South Korea must enter into a special safeguards arrangement with the International Atomic Energy Agency (IAEA) if it proceeds with nuclear-powered submarines to ensure that nuclear material is not diverted from propulsion use, its director general said Wednesday. “The use of nuclear technology to power submarines has a number of very important technical implications,” IAEA Director General Rafael Grossi said at a press briefing in Seoul, describi April 15, 2026

South Korea secures additional crude oil, naphtha through alternative routes SEOUL, April 15 (AJP) - South Korea has secured 273 million barrels of crude oil by the end of this year, presidential chief of staff Kang Hoon-sik said on Wednesday. At a press briefing at Cheong Wa Dae in Seoul, Kang, who just returned from a weeklong trip to Kazakhstan, Oman, Qatar and Saudi Arabia, said the country has reached a deal to secure additional crude oil, including up to 2.1 million tons of naphtha, by the end of this year. "Compared to consumption levels l April 15, 2026

Double tariff whammy hits Korean steel as EU barriers pile on top of U.S. tariffs SEOUL, April 15 (AJP) - When it rains, it pours for South Korean steelmakers as they face collateral damage from higher trade tariffs in Europe on top of U.S. duties aimed at curbing cheap Chinese imports. The European Parliament and the Council of the EU hammered out a deal on Monday (local time) after late-night negotiations, setting tariff-free quotas at 18.3 million tons per year — nearly halved from about 35 million tons permitted under the current safeguard regime. Impo April 15, 2026

American YouTuber gets 6 months in prison over multiple bizarre offenses SEOUL, April 15 (AJP) - American YouTuber Johnny Somali, who stirred controversy with a series of bizarre behaviors including insulting a statue in central Seoul symbolizing victims of Japan's wartime sexual slavery, was sentenced to a prison term on Tuesday. The Seoul Western District Court handed down a six-month prison term along with 20 days of detention to Somali, whose real name is Ramsey Khalid Ismael, on charges including obstruction of business and the distribution of April 15, 2026

OPINION: Set aside the ghost whispers — it is time for Iran and Israel to speak directly Wars in the Middle East are often described in terms of missiles, airstrikes and troop movements. Yet much of the region’s conflict unfolds elsewhere — in the shadows of diplomacy, through intermediaries, and in signals that are never formally acknowledged. This quieter dimension might be called “ghost whispering”: the informal, deniable channels through which states exert pressure, shape perceptions and influence outcomes without direct confrontation. April 15, 2026

First meeting on next year's minimum wage to be held next week SEOUL, April 15 (AJP) - This year's first meeting of a committee responsible for setting next year's minimum wage is scheduled to be held next week. The committee, consisting of members from labor, employer and government representatives under the Ministry of Employment and Labor, will gather for talks at the government complex in the administrative city of Sejong on April 21. With the committee's chair remaining vacant, members in attendance are expected to elect April 15, 2026

KOSPI tops 6,100; Asian markets rise on renewed U.S.-Iran talks hopes SEOUL, April 15 (AJP) - South Korea’s KOSPI climbed above the 6,100 level on Wednesday, as the benchmark index rode easing war concerns to resume its record-breaking rally that had been disrupted by U.S. and Israeli strikes on Iran in late February. The main index rose 2.96 percent to 6,144.26, while the KOSDAQ gained 1.93 percent to 1,143.49 as of 10:29 a.m. Japan’s Nikkei 225 rose 1.15 percent to 58,542.14. Hong Kong’s Hang Seng Index gained 1.00 percent to April 15, 2026

LG CNS unveils cold-chain logistics robot at U.S. trade show, eyes North American market SEOUL, April 15 (AJP) - LG CNS showcased a new warehouse automation robot capable of operating in sub-zero freezer environments at a major North American logistics trade show, as the South Korean IT services firm pushes to expand its footprint in the United States. The company unveiled its "Mobile Shuttle" system at Modex 2026 on Monday (local time) in Atlanta, where the robot was highlighted for its ability to function continuously at temperatures as low as minus 26 degre April 15, 2026

Startup Upstage becomes South Korea's first AI unicorn after raising more funds SEOUL, April 15 (AJP) - Artificial intelligence (AI) startup Upstage has raised about 180 billion Korean won (about US$120 million) in its latest funding round, the company said on Wednesday. With the funding, Upstage, now valued at more than 1 trillion won, became South Korea's first unicorn among generative AI companies. According to Upstage, the fresh fund was raised in a round led by Sage Partners, a Silicon Valley-based global venture capital and early investor that has April 15, 2026

South Korea jobs rise in March, but youth outlook worsens *Updated with additional information SEOUL, April 15 (AJP) -South Korea's headline jobs market maintained resilience in March as the impact of the Gulf war remained peripheral for now, but data pointed to worsening conditions for youth, signaling a structural job cliff for young people. The number of employed people rose by 206,000 from a year earlier to 28.795 million, easing slightly from a 234,000 increase in February, according to data released by the Data and Statist April 15, 2026