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Assured leadership in Japan and AI bet refuel Asian markets
SEOUL, February 09 (AJP) - Reinforced political leadership in Japan and renewed optimism over artificial intelligence helped refuel Asian equities on Monday, reversing much of last week’s sharp selloff. Japan’s Nikkei 225 jumped after the ruling Liberal Democratic Party secured a landslide election victory, strengthening support for Prime Minister Sanae Takaichi and her “strong Japan” agenda. The Nikkei closed up 2.9 percent at 56,363.9, after briefly br
February 9, 2026
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South Korea inks fighter jet maintenance deal with Philippines
SEOUL, February 9 (AJP) - South Korea has signed a deal with the Philippines to provide support and maintenance services for fighter jets, Korea Aerospace Industries (KAI) said on Monday. Under the performance-based logistics (PBL) deal, worth about 101.4 billion Korean won (about US$70 million), which runs through 2028, KAI will provide maintenance and logistics support for its FA-50 fighter jets supplied to the Philippines. The three-year deal comes as an initial one-year pil
February 9, 2026
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CJ CheilJedang Q4 profit drops 15 pct on weak domestic sales
SEOUL, February 09 (AJP) - CJ CheilJedang said fourth-quarter operating profit fell about 15 percent from a year earlier as weak domestic consumption offset gains from its overseas food business. Operating profit for the three months ended December reached 181.3 billion won ($124 million), down from 219.9 billion won a year earlier, according to regulatory filings on Monday. Revenue rose about 1 percent to 4.54 trillion won. For the full year, CJ CheilJedang posted revenue of 17.
February 9, 2026
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Korea targets $109B Middle East arms market amid aggressive budgeting
SEOUL, February 09 (AJP) - With hundreds of billions of dollars pouring into Middle Eastern rearmament, South Korea’s defense industry is moving aggressively to claim its share—using a major arms fair in Riyadh as the gateway to a $109 billion market. The coordinated push is centered on the World Defense Show (WDS), running from Feb. 8 to 12 in the Saudi capital. The event is the region’s largest integrated defense exhibition and a key platform for securing long-te
February 9, 2026
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BTS Comeback D-40: More than a pretty face — Jin
*Editor’s Note — As BTS prepares to return as a full seven-member act with a new album set for March 20 and an open-stage performance at Gwanghwamun on March 21, following a near four-year hiatus for rotational military service, AJP revisits the group’s 13-year trajectory. This series reexamines BTS’s history, music, performance identity and enduring appeal. The second installment traces the BTS member Jin's roots and growth. SEOUL, February 09 (AJP) -
February 9, 2026
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Agriculture minister dismisses further tariff-related pressure from US
SEOUL, February 9 (AJP) - South Korea is unlikely to be pressed to open its agricultural market further beyond the scope of last fall's broader tariff-related deal with the U.S. Dismissing doubts, Agriculture Minister Song Mi-ryeong made the remarks during a press briefing at the government complex in Sejong on Monday, when reporters asked whether South Korea's move to expand imports of American potatoes was made at Washington's request. She clarified that the impor
February 9, 2026
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Korea joins global AI bet, tripling spending in 2026
SEOUL, February 09 (AJP) - The bill for artificial intelligence is stretching at a staggering pace, and South Korea is joining the race by tripling government spending on AI to 10.1 trillion won ($6.9 billion) this year. Even so, Seoul's commitment is a small splash in a rapidly deepening global pool. Big Tech alone is poised to pour roughly $650 billion into AI-related capital expenditure in 2026. Amazon, Alphabet, Meta and Microsoft plan between $635 billion and $665 billio
February 9, 2026
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BTS Comeback D-40: Police to deploy task force as Seoul concert expected to draw 260,000
SEOUL, February 09 (AJP) - Seoul police are bracing for a massive influx of up to 260,000 people next month as K-pop band BTS returns to the stage for a high-profile comeback performance in the heart of the capital. Park Jeong-bo, commissioner of the Seoul Metropolitan Police Agency, announced Monday that a dedicated task force led by the deputy commissioner for public safety has been established to manage the event. During a regular press briefing, the commissioner said every dep
February 9, 2026
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Krafton posts record Q4 revenue on mobile game growth
SEOUL, February 09 (AJP) - South Korean game developer Krafton reported a 49 percent growth in fourth-quarter revenue a year earlier, driven by strong performance from its mobile titles and cross-platform collaborations. Revenue for the final quarter of 2025 reached 919.7 billion won ($628.5 million), up from 617.6 billion won a year earlier, according to a regulatory filing released Monday. Operating profit plunged to 2.4 billion won from 215.5 billion won as the company set aside
February 9, 2026
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Sika deer at play in the snowy Mt. Halla
JEJU, February 09 (AJP) -A herd of sika deer bounds across a snow-covered horse grazing field on Mount Hallasan in Jeju on Monday, after heavy overnight snowfall blanketed the region in white. As the snow eased earlier in the day, the deer emerged to roam freely across the quiet landscape, their gentle movement bringing life to the stillness of winter.
February 9, 2026