Latest news
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INTERVIEW: Peruvian envoy highlights APEC collaboration, green cooperation and cultural ties with Korea
SEOUL, April 09 (AJP) - Paul Duclos, Ambassador of Peru to South Korea, praised the evolving partnership between the two nations, describing it as “an excellent relationship that has adapted itself over time to changing bilateral and global interests.” In an interview held on Apr. 8, the ambassador reflected on over six decades of diplomatic ties, emphasized multilateral collaboration through Asia-Pacific Economic Cooperation (APEC), and detailed strategic areas for fu
April 9, 2025 -
From pizza to cream buns, baseball-themed treats soar
SEOUL, April 9 (AJP) - On a sunny April afternoon, the stands at Jamsil Baseball Stadium pulse with energy. Fans in team jerseys cheer between bites of cream-filled buns, and vendors weave through the crowd with boxes of limited-edition pizza shaped for one-handed snacking — perfect for keeping the other hand free to wave rally towels. This is baseball season in South Korea. But beyond the roar of the crowd and the crack of the bat, another game is unfolding — one being
April 9, 2025 -
US may seek renegotiation of USFK upkeep deal
SEOUL, April 9 (AJP) - There are growing speculations that the U.S. may seek to renegotiate its defense cost-sharing deal with South Korea for the upkeep of maintaining U.S. troops here. Shortly after his first telephone conversation with Acting President Han Duck-soo on Tuesday, U.S. President Donald Trump wrote on his social media platform that the two had discussed "payment for the big-time Military Protection provides to South Korea," among other
April 9, 2025 -
PHOTOS: Crime thriller 'Yadang: The Snitch' to hit theaters next week
SEOUL, April 09 (AJP) - The press screening and media conference for the upcoming crime action film Yadang: The Snitch took place on April 7 at Megabox COEX. Yadang: The Snitch delves into South Korea’s underground drug trade, weaving a tense narrative around three central figures: Yadang, a cunning broker who architects the nation’s illicit drug market; a driven prosecutor eager to climb the professional ladder; and a relentless detective who has devoted his career to
April 9, 2025 -
Fed may accelerate rate cuts as concerns over trade war mount
SEOUL, April 9 (AJP) - The U.S. Federal Reserve may move more swiftly to cut interest rates amid mounting concerns over a potential economic slowdown, a shift driven in part by the Trump administration’s tariff policy, according to the Bank of Korea said in a report. Several major investment banks, including Barclays, Goldman Sachs, Nomura, and Wells Fargo, have revised their outlooks to reflect a greater likelihood of rate reductions in 2025, the BOK's New York office sai
April 9, 2025 -
Korea's entry into global bond index delayed to April 2026
SEOUL, April 9 (AJP) - South Korea’s long-anticipated inclusion in the World Government Bond Index (WGBI) has been postponed by five months, delaying potential inflows of tens of billions of dollars into the country’s sovereign debt market. FTSE Russell, the index provider, announced that South Korea will now enter the benchmark index in April 2026, rather than the previously scheduled November 2025. "We commend the commitment of South Korean market authorities
April 9, 2025 -
Korean won tumbles to five-year low amid US tariff concerns
SEOUL, April 09 (AJP) - The value of South Korean won fell sharply against the U.S. dollar on Wednesday, reaching its lowest level in more than five years, as markets reacted to heightened uncertainty surrounding U.S. tariff policy. As of 9:15 a.m. the won was trading at 1,486.3 per dollar, up 13.0 won from the previous session’s closing price. The intraday spike marks the currency’s highest level since March 16, 2019, when it reached 1,492.0 during the global financia
April 9, 2025 -
Acting President's appointment of Constitutional Court justices stirs controversy
SEOUL, April 08 (AJP) - South Korea’s main opposition party vowed Tuesday to seek legal action to block acting President Han Duck-soo’s appointment of two Constitutional Court justices. Earlier on Tuesday, Han announced that he would nominate Lee Wan-kyu, the current minister of government legislation, and Ham Sang-hun, a judge on the Seoul High Court, to fill the upcoming vacancies, with two sitting justices, Moon Hyung-bae and Lee Mi-son, scheduled to retire on April
April 8, 2025 -
PHOTOS: Planting season
SEOUL, April 08 (AJP) - The arrival of spring has ushered in a period of intense activity in the countryside as farmers ready the land for planting. This collection of images offers a glimpse into their springtime labors.
April 8, 2025 -
DeeprRoute.ai CEO touts AI-native driving system as industry game-changer
SEOUL, April 08 (AJP) - Maxwell Zhou, CEO of Chinese autonomous driving company DeeprRoute.ai, has showcased the company’s end-to-end AI-powered technology during his keynote speech at the Seoul Mobility Show held at KINTEX northwest of Seoul on Tuesday, saying the firm’s Vision-Language-Action (VLA) model has ushered in a new era of scalability, transparency, and human-level decision-making in smart driving systems. “This is not just a technological shift,&rdquo
April 8, 2025
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Kiwi wine festival returns to Seoul with top New Zealand labels
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Kim Moon-soo wins People Power Party presidential nomination with 56.53 percent of vote
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SK Telecom employees volunteer for frontline support amid SIM card hacking crisis
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Trump-Kim relations could reset, but U.S. leverage diminished by Russia factor, expert says
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Hair transplant costs vary up to 15-fold across South Korea
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French-Korean Career Forum to link talent with international employers in Seoul
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Conservatives weigh unification strategy as Han Duck-soo enters race
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Korea's inflation holds steady in April, driven by food prices
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Leadership vacuum in S. Korea raises concerns over economic stability
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US defends Trump's talks With Putin, citing past engagement with Kim Jong-un