South Korea ranks fourth in global gaming market SEOUL, March 25 (AJP) - South Korea's gaming industry ranks fourth in the global market, remaining one of the fastest-growing tech sectors, with developers vying to attract users through increasingly engaging online and mobile games. With the global gaming market estimated at $220.07 billion, South Korea accounted for 7.2 percent, ranking fourth behind China, the U.S, and Japan, according to a joint report released by the Ministry of Culture, Sports and Tourism and the Korea Cre March 25, 2026

SK hynix's AI windfall tests investor trust as ADR plan sparks backlash ICHEON, March 25 (AJP) - SK hynix’s meteoric rise on the back of the AI boom is now colliding with a growing backlash from retail investors, as its aggressive capital strategy exposes a widening gap between global ambition and shareholder returns. At its annual general meeting in Icheon on Wednesday, the chipmaker — now a critical supplier of High Bandwidth Memory (HBM) chips to Nvidia — faced unusually sharp criticism despite its record-breaking market performa March 25, 2026

South Korea's fertility nears 1.0 as births, marriages post double-digit gains SEOUL, March 25 (AJP) — South Korea’s notoriously low fertility rate gained a meaningful boost to 0.99 in January — the highest since monthly tracking began in 2024 — but questions remain over whether it can continue to hold near 1. According to the Ministry of Data and Statistics on Wednesday, the number of births in January reached 26,916, up 2,817, or 11.7 percent from a year earlier, marking the highest January figure in seven years. Marriages also cont March 25, 2026

Homegrown sub sets sail on historic trans-Pacific journey for naval exercise in Canada SEOUL, March 25 (AJP) - A 3,000-ton homegrown submarine embarked on a trans-Pacific voyage for the first time to take part in a joint naval exercise with Canada scheduled for June, the Navy said on Wednesday. Attended by over 300 naval officers and other representatives from both countries, a send-off event for the Dosan Ahn Chang-ho, was held at a port in Jinhae, South Gyeongsang Province on Wednesday. Among them were Canadian Ambassador to Seoul Philippe Lafortune and British A March 25, 2026

GM commits $600 mln to South Korea plants, doubling down on small SUV hub SEOUL, March 25 (AJP) - General Motors announced it will invest $600 million in its South Korean operations to upgrade production facilities and sharpen its global competitiveness, cementing the country's role as a key manufacturing hub for small SUVs. The Detroit automaker said Wednesday the latest commitment of $300 million — earmarked for press machinery upgrades and plant modernization — builds on an equal investment announced in December 2025 for product enhance March 25, 2026

Korea turns to coal, nuclear and diversification to improvise vs Gulf shock SEOUL, March 25 (AJP) - As the Middle East war grinds deeper and energy lifelines fray one by one, South Korea finds itself staring down a crisis it long feared but never quite prepared for — the real prospect of running short on the gas that powers homes and electricity grids, keeping Asia's fourth-largest economy running. QatarEnergy, the Gulf state's national energy company, announced Tuesday it would suspend LNG deliveries to South Korea, China, Italy and Belgium, March 25, 2026

S.Korea says U.S. cleared sanctions risk on Russian naphtha imports amid Middle East supply crunch SEOUL, March 25 (AJP) - South Korea said it had secured confirmation from the U.S. Treasury Department that domestic companies face no secondary sanctions risk when purchasing Russian crude oil and petroleum products using non-dollar currencies, clearing a major hurdle to alternative supplies as the Strait of Hormuz blockade tightens its grip on energy flows. Yang Ki-wook, the Ministry of Trade, Industry and Resources director-general of industrial resource security, said at a gover March 25, 2026

Cheong Wa Dae to form emergency task force to monitor Middle East fallout SEOUL, March 25 (AJP) - An emergency task force will be set up within Cheong Wa Dae to respond to potential economic shocks as the conflict in the Middle East drags on with no clear end in sight. During a press briefing at Cheong Wa Dae in central Seoul on Wednesday, Hong Ik-pyo, senior presidential secretary for political affairs, said the emergency situation room, led by presidential chief of staff Kang Hoon-sik, will be created, separately from the existing government-wide emer March 25, 2026

APFF 2026 probes why Korean finance sector fails to move beyond home turf SEOUL, March 25 (AJP) -South Korea’s manufacturers and pop culture have gone global, but its financial industry still struggles to move beyond home turf — a gap that took center stage at the 2026 Asia-Pacific Financial Forum in Seoul on Wednesday. Hosted by Aju Business Daily and ABC, this year's forum held at The Plaza Hotel asked “In the AI era, why has Korean finance yet to cross borders?” The event sought to diagnose the structural limitations holdin March 25, 2026

Asian markets open higher on US peace plan for Iran; KOSPI lifted by SK hynix's IPO filing SEOUL, March 25 (AJP) - Asian markets opened higher on Wednesday after reports that the U.S. had sent a proposal to Iran to end the conflict in the Middle East, while Israel had reportedly proposed a one-month ceasefire. But amid continuing conflicting signals from Washington and Tehran, U.S. stocks closed lower the previous day, with the Dow Jones Industrial Average down 0.18 percent, while the S&P 500 and Nasdaq fell 0.37 percent and 0.84 percent, respectively, as earlier opti March 25, 2026