Latest

  • Gulf Crisis, One Month On: Asia learns to wean itself off US
    Gulf Crisis, One Month On: Asia learns to wean itself off US Editor's Note: One month into the Iran war, a conflict that began in the Middle East is rapidly evolving into a broader economic and strategic shock for Asia, and in this special series, AJP examines those spillovers in full — from a comprehensive overview of Asia-wide shocks to industrial realignments, the mounting risk of a third oil shock, and rising security tensions — as the central question shifts from how the war unfolds in the Middle East to how deeply its conse March 27, 2026
  • Gulf Crisis, One Month On: Seoul fending off stagnationary pressure with few options
    Gulf Crisis, One Month On: Seoul fending off stagnationary pressure with few options Editor's Note: One month into the Iran war, a conflict that began in the Middle East is rapidly evolving into a broader economic and strategic shock for Asia, and in this special series, AJP examines those spillovers in full — from a comprehensive overview of Asia-wide shocks to industrial realignments, the mounting risk of a third oil shock, and rising security tensions — as the central question shifts from how the war unfolds in the Middle East to how deeply its c March 27, 2026
  • Fine dust advisory issued as smog blankets Seoul
    Fine dust advisory issued as smog blankets Seoul SEOUL, March 27 (AJP) - An ultrafine dust advisory was issued for Seoul and surrounding areas on Friday, as heavy smog carried by northwesterly winds blanketed the capital, with fine dust levels exceeding 81 ㎍/㎥, according to the Korea Environment Corporation. Such an advisory is issued when PM2.5 concentrations exceed 75 ㎍/㎥ for more than two consecutive hours. The elderly, children, and those with respiratory or cardiovascular diseases are advised to refrain from outdoor March 27, 2026
  • Gulf Crisis, One Month On: Asia turns to coal to keep factories and crackers running
    Gulf Crisis, One Month On: Asia turns to coal to keep factories and crackers running Editor's Note: One month into the Iran war, a conflict that began in the Middle East is rapidly evolving into a broader economic and strategic shock for Asia, and in this special series, AJP examines those spillovers in full — from a comprehensive overview of Asia-wide shocks to industrial realignments, the mounting risk of a third oil shock, and rising security tensions — as the central question shifts from how the war unfolds in the Middle East to how deeply its con March 27, 2026
  • South Korea marks 11th anniversary for fallen naval heroes
    South Korea marks 11th anniversary for fallen naval heroes SEOUL, March 27 (AJP) - A ceremony marking the 11th anniversary of a joint commemoration honoring victims of naval incidents in the West Sea was held in Daejeon on Friday. South Korea has observed the fourth Friday of March as a day of remembrance, holding annual ceremonies since 2016 to honor victims of naval incidents and skirmishes with North Korea including a naval battle near the border island of Yeonpyeong in June 2002, the sinking of the corvette Cheonan in March 2010, and th March 27, 2026
  • Gulf Crisis, One Month On: From Gulf battleground to shockwaves across Asia
    Gulf Crisis, One Month On: From Gulf battleground to shockwaves across Asia Editor's Note: One month into the Iran war, a conflict that began in the Middle East is rapidly evolving into a broader economic and strategic shock for Asia, and in this special series, AJP examines those spillovers in full — from a comprehensive overview of Asia-wide shocks to industrial realignments, the mounting risk of a third oil shock, and rising security tensions — as the central question shifts from how the war unfolds in the Middle East to how deeply its c March 27, 2026
  • South Korea honors fallen sailors of naval skirmishes in West Sea
    South Korea honors fallen sailors of naval skirmishes in West Sea SEOUL, March 27 (AJP) - South Korea honored some 50 sailors and other victims who died defending the maritime border in the West Sea at a ceremony in Daejeon on Friday. About 1,500 people gathered at Daejeon National Cemetery to mark the 11th anniversary of a joint commemoration honoring victims of naval incidents and skirmishes with North Korea including a naval battle near the border island of Yeonpyeong in June 2002, the sinking of the corvette Cheonan in March 2010, and the March 27, 2026
  • South Korea joins France-led defense chiefs talks on Hormuz
    South Korea joins France-led defense chiefs talks on Hormuz SEOUL, March 27 (AJP) - South Korea joined a France-led meeting of chiefs of defense from 35 countries Thursday to discuss security in the Strait of Hormuz, officials said. France’s Ministry of Armed Forces said the video conference was chaired by Chief of the Defence Staff Gen. Fabien Mandon and brought together military leaders from countries interested in contributing to maritime security in the strategic waterway. “The meeting provided an opportunity to gather the March 27, 2026
  • Asian stocks fall as geopolitical tensions rise and tech shares weaken
    Asian stocks fall as geopolitical tensions rise and tech shares weaken SEOUL, March 27 (AJP) — The Seoul bourse led broad losses across Asia as the toll from the Middle East crisis weighed heavily on the region, largely dependent on energy and commodities, with the critical transit Strait of Hormuz remaining crippled for a month. In Japan, the Nikkei 225 fell 1.61 percent to 52,738.55 in morning trade, as selling pressure mounted on concerns over a possible deployment of U.S. ground troops. Expectations for ceasefire negotiations also weakened March 27, 2026
  • Hyundai Rotem unveils prototype of modified battle tank for Middle East exports
    Hyundai Rotem unveils prototype of modified battle tank for Middle East exports SEOUL, March 27 (AJP) - Hyundai Rotem, a South Korean manufacturer specializing in railway vehicles, said Friday that it unveiled a newly modified prototype of South Korea's main battle tank to the public for the first time the previous day. The modified K2 tank, developed by Hyundai Rotem and its partners with the aim of exporting mainly to Middle Eastern countries, was unveiled at the manufacturer's plant in Changwon, South Gyeongsang Province, during an event attended by March 27, 2026