Latest

  • Producer Klozer set to release first full-length album
    Producer Klozer set to release first full-length album SEOUL, June 4 (AJP) - South Korean producer and artist Klozer is set to release his first full-length album on Thursday, according to distributor Danal Entertainment. The 10-track eponymous album is scheduled to be available on AURORA, Danal Entertainment’s global music distribution platform, as well as other music streaming sites. All songs on the album were written and composed by Klozer. The title track, "More Than Expected," features Babylon and Newaile. The R June 4, 2026
  • Kia begins production of hybrid version of Sportage SUV at Georgia plant
    Kia begins production of hybrid version of Sportage SUV at Georgia plant SEOUL, June 4 (AJP) - Kia has begun production of the hybrid version of its Sportage SUV at a plant in Georgia, U.S., marking the first Kia model and first hybrid vehicle in the plant's lineup, the automaker said on Thursday. Kia America and Hyundai Motor Group Metaplant America (HMGMA) held a ceremony at the Ellabell, Georgia, plant on Tuesday to mark the start of production, with the first vehicle produced there brought onto the stage by an autonomous parking robot. The Spo June 4, 2026
  • WNMC 26: Journalisms AI debate has moved on
    WNMC 26: Journalism's AI debate has moved on MARSEILLE, June 4 (AJP) — One theme emerged repeatedly during the 77th World News Media Congress in Marseille: the global news industry has largely moved beyond debating whether artificial intelligence should be used in journalism. The discussion has shifted to a more fundamental question. What role will journalism play when AI increasingly mediates how information is discovered, consumed and distributed? That shift was visible across presentations from publishers, news June 4, 2026
  • BTS to release limited-edition vinyl in celebration of 13th anniversary of their debut
    BTS to release limited-edition vinyl in celebration of 13th anniversary of their debut SEOUL, June 4 (AJP) - K-pop juggernaut BTS will release a limited-edition vinyl version of their fifth full-length album "ARIRANG" on June 12, one day before the group marks the 13th anniversary of their debut, BigHit Music said Tuesday. K-pop juggernaut BTS will release a vinyl version of their fifth full-length album "ARIRANG" next week, their agency BigHit Music said on Thursday. The limited-edition album, set for release on June 12, a day before the 13th a June 4, 2026
  • Eggs hit by buying limits as South Korean retailers ration supply
    Eggs hit by buying limits as South Korean retailers ration supply SEOUL, June 04 (AJP) - South Korea's leading hypermarket chains have capped egg purchases at one carton per customer as prices climb on the back of an avian influenza outbreak, with retailers now weighing the sale of imported eggs for the first time. Emart and Lotte Mart are limiting shoppers to a single 30-egg carton of discounted product through June 10, the retail industry said on Thursday. Both chains are selling their trays as premium domestic grade for about 6,000 won per June 4, 2026
  • Won weakens to lowest level since global financial crisis
    Won weakens to lowest level since global financial crisis SEOUL, June 4 (AJP) - South Korea's financial markets suffered a sharp sell-off on Thursday as the won fell to a 17-year low past 1,530 per dollar and sovereign bond yields spiked, driven by heavy foreign capital outflows and a trio of external shocks: escalating Middle East tensions, a hawkish Federal Reserve and a surprise monetary tightening signal from Japan. In Seoul's currency market, the won opened at 1,530 per dollar, down 13.6 won from the previous session's clo June 4, 2026
  • Hanwha Aerospace halts operations at 9 sites for safety inspections
    Hanwha Aerospace halts operations at 9 sites for safety inspections SEOUL, June 04 (AJP) - Hanwha Aerospace said Thursday it has suspended operations at nine domestic sites for two days to conduct safety inspections and employee training, following a deadly explosion at its plant in Daejeon. The company said it halted production lines from June 4 to 5, except for some essential processes, under the supervision of each site manager and safety officer. The affected sites include plants in Daejeon, Boeun in North Chungcheong Province and Yeosu in So June 4, 2026
  • Oh Se-hoon reelected Seoul mayor after dramatic overnight reversal
    Oh Se-hoon reelected Seoul mayor after dramatic overnight reversal SEOUL, June 4 (AJP) - Incumbent Seoul Mayor Oh Se-hoon of the main opposition People Power Party (PPP) was re-elected on Thursday after a nail-biting overnight count, defeating Democratic Party (DP) candidate Chung Won-o in the closest and most closely watched race of this year's local elections. According to the National Election Commission, with 97.17 percent of ballots counted as of 9 a.m., Oh was leading with 48.87 percent of the vote, edging out Chung's 48.41 percent by June 4, 2026
  • KOSPI tumbles at reopen after local elections as US sell-off hits chip stocks
    KOSPI tumbles at reopen after local elections as US sell-off hits chip stocks SEOUL, June 4 (AJP) - South Korea's benchmark KOSPI fell 2.3 percent to around 8,596 when trading resumed on Thursday, retreating from Tuesday's record close of 8,801 as investors reacted to an overnight Wall Street sell-off and renewed tensions in the Middle East. U.S. stocks had dropped overnight, with the Dow Jones Industrial Average falling 620 points and the Nasdaq 240, as a correction in technology shares and a slump in Broadcom soured sentiment across the chip complex June 4, 2026
  • South Koreas FX reserves decline in May after brief rebound
    South Korea's FX reserves decline in May after brief rebound SEOUL, June 4 (AJP) - South Korea's foreign exchange reserves declined in May, reversing a brief one-month rebound. According to the Bank of Korea on Thursday, South Korea's foreign exchange reserves stood at $426.99 billion at the end of May, down $880 million from the previous month. The drop came after authorities implemented market stabilization measures including a foreign exchange swap with the National Pension Service (NPS), which reduced the country's dollar h June 4, 2026