Statue honoring wartime sex slavery victims accessible without barricade on Wednesdays SEOUL, April 10 (AJP) - A barricade that prevented people from approaching a statue honoring the victims of sexual enslavement during World War II in central Seoul was removed last Wednesday. The statue of an unsmiling girl symbolizing former sex slaves forced to serve Japanese soldiers during the war stands in front of the Japanese Embassy, where victims and their supporters have held protests every Wednesday for decades. It was the first time in about six years that the barrica April 10, 2026

FSS blocks 2.4 trillion won hike as Hanwha trust wavers The Financial Supervisory Service has effectively frozen a 2.4 trillion won rights offering by Hanwha Solutions, demanding a revised registration statement on the grounds that existing disclosures are insufficient and lack clarity. The regulatory intervention suspends the validity of the filing immediately; should the company fail to provide adequate supplements within three months, the offering will be deemed withdrawn. This friction in Seoul is not merely a procedural hiccup. It April 10, 2026

EDITORIAL: Hanwha Solutions' capital raise signals a deeper balance sheet fault line SEOUL, April 11 (AJP) — What derailed Hanwha Solutions’ planned rights offering was not disclosure alone. It was scale — and what that scale revealed. The 2.4 trillion won ($1.8 billion) capital raise, already one of the largest of its kind, carried a more troubling signal beneath the surface: 62.5 percent of the proceeds were earmarked for debt repayment. Markets did not see a growth story. They saw a balance sheet approaching its limits. The Financial S April 10, 2026

Asian markets rise on ceasefire talks, shrug off BOK pause SEOUL, April 10 (AJP) -Asian markets opened broadly higher Friday as investors bet on easing tensions as U.S. and Iranian delegates are set to hold face-to-face talks following a ceasefire in Pakistan on Saturday. In Seoul, the benchmark KOSPI rose 1.82 percent to 5,883.03, while the junior KOSDAQ gained 1.36 percent to 1,090.68 as of 11:05 a.m. The market largely brushed off the Bank of Korea’s rate freeze — extended for nearly a year — with policy inertia a April 10, 2026

Na Hong-jin's 'Hope' enters Cannes Competition after 4-year silence for Korea SEOUL, April 10 (AJP) - Na Hong-jin breaks a four-year silence for South Korean titles at Cannes with Hope, a big-budget thriller that puts him back in the Palme d’Or race. The South Korean director’s fourth feature was named to the 21-film Competition lineup unveiled Thursday (local time), marking the first time since Decision to Leave in 2022 that a Korean film has entered the festival’s top-tier section. The return carries weight beyond selection. Hope is N April 10, 2026

Low-cost carrier Air Premia tops 3 million int'l passengers SEOUL, April 10 (AJP) - Air Premia has surpassed 3 million in the cumulative number of international passengers, the low-cost carrier said on Friday. The milestone comes about three years and nine months after launching its first international routes in July 2022. Of its total of 11,458 international flights, which flew about 62.74 million kilometers, about 45.40 million kilometers or 72.3 percent of the accumulated flight distance, came from routes to North America. The averag April 10, 2026

Lee to meet Polish PM in Seoul next week SEOUL, April 10 (AJP) - President Lee Jae Myung will hold a meeting with Poland's Prime Minister Donald Tusk next week, Cheong Wa Dae said on Friday. In a written press briefing, presidential spokesperson Kang Yu-jung said Tusk is scheduled to arrive in Seoul on Sunday for talks with Lee. It will be the first visit by a Polish leader in 27 years and Tusk's first trip to a non-European country since taking office in December 2023. Lee and Tusk will sit down for talks o April 10, 2026

North Korean, Chinese FMs agree to strengthen ties during talks in Pyongyang SEOUL, April 10 (AJP) - The foreign ministers of North Korea and China agreed to strengthen bilateral ties during their meeting in Pyongyang, state media reported on Friday. According to the state-run Korean Central News Agency, China's Foreign Minister Wang Yi, who arrived in Pyongyang the previous day, held talks with his North Korean counterpart Choe Son-hui. North Korea rolled out a red carpet for Wang upon his arrival, as he was "warmly met by Choe" a April 10, 2026

FSS puts brake on Hanwha Solutions' rights offering despite owner backing SEOUL, April 10 (AJP) - The rights offering plan by Hanwha Solutions to raise 2.4 trillion won to lessen its debt load drew a correction order from authorities despite the owner family offering to share the burden. The Financial Supervisory Service said it had requested the company to submit a revised securities filing, citing incomplete formal requirements and insufficient or unclear disclosure of key information that could hinder investors' decision-making. The filing has April 10, 2026

BOK holds rate at 2.5% as inflation risks clash with slowing growth SEOUL, April 10 (AJP) — The Bank of Korea on Friday kept its benchmark interest rate unchanged at 2.5 percent as widely expected, caught between rising import-driven inflation and a slowing economy amid prolonged disruptions from Middle East conflicts. The policy decision reflects a growing dilemma for the central bank, as energy supply constraints tied to the Gulf tensions continue to feed price pressures while weighing on growth. Consumer prices rose 2.2 percent in M April 10, 2026