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Cheongung-II's maker survives worst-ever rout in Seoul as it debuts on Iranian borders
SEOUL, March 04 (AJP) - The bombshell from the 2026 Middle East conflict has flown to Seoul and crashed the party in a big way — sending the benchmark KOSPI plunging a record 12 percent and the KOSDAQ 14 percent. One stock, however, defied the sweeping rout: LIG Nex1, the maker of the Cheongung-II. The sudden spotlight came after the missile defense system reportedly saw its first real combat use intercepting Iranian missiles over the Gulf, a development that instantly thru
March 4, 2026
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Rival parties agree to pass bill this week to clear way for US investment under trade deal
SEOUL, March 4 (AJP) - A bill outlining South Korea's massive investment pledges to the U.S., a follow-up measure to a tariff-related deal between the two countries is expected to pass at the National Assembly later this week. Lawmakers from the ruling Democratic Party (DP) and the main opposition People Power Party (PPP) met on Wednesday to discuss the bill and agreed to put it to a vote at a parliamentary session on Thursday. "If all goes as planned, we expect the bill
March 4, 2026
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Korean appliance makers price in potential Middle East setback
SEOUL, March 04 (AJP) - South Korean home appliance makers are bracing for potential disruption from the widening conflict in the Middle East and the choking-off of the critical shipping corridor, the Strait of Hormuz — just as the region had begun to emerge as a fresh growth market for Korean brands. The escalation has raised concerns among producers that renewed interest in Korean consumer brands across the region — fueled partly by the broader K-wave — could
March 4, 2026
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Hyundai, Kia post all-time sales record in US
SEOUL, March 4 (AJP) - Hyundai Motor and its affiliate Kia set an all-time sales record in the U.S. last month thanks to strong demand for midsize-to-large SUVs and hybrid models. Their combined sales stood at 137,412 vehicles in February - 71,407 units for Hyundai and 66,005 for Kia - up about 5.7 percent and 4.3 percent, respectively, from a year earlier. Hyundai posted its best-ever sales for the month, extending a streak of monthly records for the third straight month since l
March 4, 2026
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K-pop boy band NOWZ drops first Japanese album
SEOUL, March 04 (AJP) - Cube Entertainment's K-pop boy group NOWZ has rolled out its first Japanese album “NOWZ” on Wednesday, targeting the neighboring country's dance music scene. Releasing albums in Japan was considered one of the most important promotion activities for Korean artists in the early 2000s, when K-pop was not as popular. Japan has served for decades as a crucial gateway for K-pop acts seeking to build international audience. Chart performance,
March 4, 2026
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Korean industry minister flies to Canada after Team Korea submits bid for submarine deal
SEOUL, March 04 (AJP) -South Korea’s industry minister will head to Canada this week to lend a final push to Team Korea’s bid for Ottawa’s multibillion-dollar submarine program, as Seoul throws its weight behind a national effort to secure one of the world’s largest naval procurement deals. Industry Minister Kim Jung-kwan is scheduled to depart Thursday for Canada to support a South Korean consortium competing for the Canadian Patrol Submarine Project (CPSP
March 4, 2026
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OPINION: What 'Operation Epic Fury' signals to North Korea
SEOUL, March 4 (AJP) - North Korean leader Kim Jong-un defined inter-Korean relations as "the most hostile state-to-state relationship," calling South Korea an "eternal enemy" at a rare party gathering that wrapped up late last month. He also said the North has "nothing to discuss with and will exclude it from the category of compatriots forever." However, Kim showed a different stance on the U.S., as state media quoted him as saying, &qu
March 4, 2026
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BTS Comeback D-17: 'ARIRANG' tracklist unveiled as heat builds up in countdown
SEOUL, March 04 (AJP) - BTS has drummed up anticipation for its long-awaited comeback with the release of the 14-song tracklist for its upcoming album ARIRANG — the group’s first full-member project in nearly four years — due March 20, with fans already preparing to camp out for the closest view of the open-air comeback show the following day. The tracklist was unveiled by HYBE through its official website and social media channels, accompanied by a visual feat
March 4, 2026
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Inside MWC 2026: Korean tech titans redefine the 'Physical AI' and data frontier
SEOUL, March 04 (AJP) - South Korean telecommunications giants and global infrastructure leaders are shifting the paradigm of artificial intelligence at MWC 2026, moving beyond digital chatbots toward "Physical AI" and hyper-efficient data architectures. LG Uplus: From voice to humanoid action LG Uplus (LGU+) unveiled its vision for Physical AI, integrating its proprietary AI call agent, ixi-O, with humanoid robotics. Unlike traditional voice assistants, ixi-O is de
March 4, 2026
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WAIFF D-2: Seoul edition marks global expansion in 2026
SEOUL, March 04 (AJP) - The World AI Film Festival (WAIFF), which debuted in Nice, France on April 11, 2025, will expand globally in 2026, with Seoul emerging as one of its key host cities. Putting emphasis on collaboration between artificial intelligence and human creativity, WAIFF aims to bridge technology, industry and artistic expression. The 2026 circuit will move through China, Korea, Japan and Brazil before culminating in April at the WAIFF Cannes Edition in France. Select
March 4, 2026