Latest
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South Korea launches committee tasked with implementing US investment pledges
SEOUL, March 18 (AJP) - A committee tasked with setting up a fund to implement massive investment pledges to the U.S. was launched with its first meeting in Seoul, the Ministry of Finance and Economy said on Wednesday. The committee, consisting of seven officials from government agencies and financial institutions, was formed as a follow-up step just a day after a special bill outlining bilateral agreements with the U.S. including investment pledges of US$350 billion under a broad
March 18, 2026
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BTS Live D-3 : BTSnomics 2.0 estimated to top $2 billion
SEOUL, March 18 (AJP) -Even before the album drop, BTS’s comeback after a nearly four-year hiatus is shaping up to be a billion-dollar blockbuster. Starting with a truly national-scale open-air performance on Saturday — expected to shut down traffic and deploy a presidential-level security presence — analysts forecast more than 3 trillion won ($2.2 billion) in economic impact from their year-long comeback agenda. Moreover, their return has accelerated the tran
March 18, 2026
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BTS Live D-3 - Public toilets and other tips on the concert day
SEOUL, March 18 (AJP) - Seoul City announced viewing guidelines for the BTS 2026 comeback show. On March 9, Seoul City conveyed viewing information for the 'BTS Comeback Live: ARIRANG' performance scheduled for 8 p.m. on March 21 at Gwanghwamun Plaza through official social media. Seoul City stated, "Approximately 2,000 open-type and portable restrooms will be operated for visitor convenience," adding, "Overnight waiting and lining up on side
March 18, 2026
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Samsung Elec AGM turns euphoric despite union's party-crashing strike news
SUWON, March 18 (AJP) - Samsung Electronics’ annual general meeting struck an unusually buoyant tone Wednesday as a surging share price and AI-driven optimism lifted investor sentiment — even as a looming union strike cast a shadow over the outlook. More than 1,000 shareholders gathered at the Suwon Convention Center with little to complain about. The stock has nearly quadrupled from a year ago, while the company is now targeting 200 trillion won ($150 billion) in
March 18, 2026
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Samsung Electronics union threatens walkout after near-unanimous strike vote
SEOUL, March 18 (AJP) - More than 60,000 employees out of 89,874 union members at Samsung Electronics have voted to go on a general strike in May if their demands for fair and transparent compensation during the chip boom are not met, posing a potential headwind to the chipmaker’s AI-driven upswing. The joint union coalition announced Wednesday that 93.1 percent of participating members voted in favor of a strike in a 10-day ballot. A total of 66,019 employees from three se
March 18, 2026
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BTS Live D-3 - Latest from Gwanghwamun
SEOUL, March 18 (AJP) - Across the Gwanghwamun district, signs of tightening control are becoming visible in real time. Police barricades are being extended along sidewalks and major intersections, carving out narrow pedestrian corridors and restricting lateral movement between streets. Access points to nearby subway stations are being prepared for selective closure, while public bike docks and lockers around the area have already been suspended or sealed off.
March 18, 2026
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GULF CRISIS: Iran war gives Kim Jong-un more reason to cling to nuclear arms
SEOUL, March 18 (AJP) - The war in Iran — marked by the killing of top leaders and relentless airstrikes since the United States launched Operation Epic Fury on Feb. 28 — will be watched closely by one man in particular: North Korean leader Kim Jong-un. Among the states once grouped by President George W. Bush in the “axis of evil,” only one regime remains intact: Pyongyang. Saddam Hussein, who ruled Iraq for nearly a quarter century, was toppled in the
March 18, 2026
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South Korean investors surge amid unprecedented stock-market boom
SEOUL, March 18 (AJP) - More South Koreans have begun investing in the stock market amid a recent unprecedented rally, with the number of investors rising by 330,000 over the past year. According to a report released by the Korea Securities Depository on Wednesday, the number of shareholders in about 2,727 listed companies stood at 1.46 million. As the number of listed companies increased 1.5 percent and shareholders grew 2.3 percent from a year earlier, investors held a total of
March 18, 2026
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Naver, AMD sign MOU to strengthen AI GPU infrastructure cooperation
SEOUL, March 18 (AJP) - South Korea's Naver and U.S. chipmaker Advanced Micro Devices (AMD) signed a memorandum of understanding to jointly develop next-generation GPU infrastructure aimed at expanding their artificial intelligence ecosystems. Under the agreement signed at Naver's 1784 headquarters Wednesday, the two companies will collaborate on building high-performance GPU computing environments optimized for Naver's proprietary large language model, HyperCLOVA X, and
March 18, 2026
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BLACKPINK's Jennie to headline Lollapalooza Chicago as K-pop presence expands
SEOUL, March 18 (AJP) - The organizers of Lollapalooza Chicago announced the 2026 festival lineup on Tuesday (local time), confirming that South Korean soloist Jennie will headline the four-day event at Grant Park. Scheduled to run from July 30 to August 2, the festival marks a significant milestone for the singer as she transitions from group performances to a solo mainstay on the global circuit. She joins a premier roster of headliners for the summer season including Lorde, Charlie
March 18, 2026