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  • South Korea performs third-best in Q3 real GDP growth in OECD scale
    South Korea performs third-best in Q3 real GDP growth in OECD scale SEOUL, November 26 (AJP) -SEOUL, November 26 (AJP) - The South Korean economy performed third-best among 26 economies of the Organization for Economic Cooperation and Development (OECD) in the third quarter, according to preliminary compiling by OECD, the Bank of Korea said Wednesday. Korea’s real GDP grew 1.166 percent in the July–September period, ranking third out of 26 countries that had released preliminary estimates, Israel topped the list with 2.967 percent November 26, 2025
  • K-Food diplomacy: strengthening South Korea-Middle East ties
    K-Food diplomacy: strengthening South Korea-Middle East ties The Middle East, historically a hub of the ancient Silk Road, is now witnessing a surge in K-food popularity, broadening cooperation between South Korea and the region. As of October, K-food exports to the United Arab Emirates (UAE) rose 23.2% from the previous year, reaching $275 million. The South Korean government views the Middle East as a strategic market for diversifying K-food exports. Efforts include easing halal certification burdens, supporting local store entries, November 26, 2025
  • OPINION: Azerbaijans Path to Peace and Progress
    OPINION: Azerbaijan's Path to Peace and Progress SEOUL, November 25 (AJP) - Although geographically distant, Korea and Azerbaijan have come closer thanks to a series of meaningful events. One such moment unfolded when the Embassy of the Republic of Azerbaijan in Seoul hosted a special ceremony on Nov. 6 to commemorate Victory Day, observed annually on Nov. 8. The event brought together dignitaries, forei November 25, 2025
  • PHOTOS: Nuri stands upright for its journey into space
    PHOTOS: Nuri stands upright for its journey into space SEOUL, November 25 (AJP) - South Korea completed the vertical installation of its homegrown launch vehicle Nuri on November 25, ahead of its fourth mission scheduled for 1:10 a.m. on November 27. The rocket now stands secured on the launch pad, waiting for its final countdown. Nuri will carry 13 satellites into space, including the next-generation medium-sized satellite No. 3 and twelve CubeSats. The payloads will test technologies across a wide range of fields — from space November 25, 2025
  • PHOTOS: Successful Italian FORMAGGIAMO! Event with Masterclass by Chef Fabri
    PHOTOS: Successful Italian "FORMAGGIAMO!" Event with Masterclass by Chef 'Fabri' SEOUL, November 25 (AJP) – The Italian cheese promotion campaign “FORMAGGIAMO!” wrapped up successfully after running from November 19 to 24 at High Street Italia in Sinsa-dong, Gangnam District, Seoul. On the opening day, Chef Fabrizio Ferrari, known as “Fabri,” hosted a masterclass featuring pasta dishes made with four different cheeses and a fusion dish of cheese kimchi fried rice combining Korean and Western flavors. “FORMAGGI November 25, 2025
  • Korean Air to phase out plastic meal trays for eco-friendly alternatives
    Korean Air to phase out plastic meal trays for eco-friendly alternatives SEOUL, November 25 (AJP) - Korean Air has decided to gradually replace its in-flight meal containers with ones with eco-friendly, sustainable alternatives as early as next month, the flagship carrier said on Tuesday. The airline will begin using containers made from plant-based, non-wood pulp materials on select routes in early December, with plans to expand their use across its entire fleet by the end of next year. The move is intended to reduce plastic use and carbon emissions a November 25, 2025
  • Asian stocks mostly rise as Taiwan, Shanghai lead gains
    Asian stocks mostly rise as Taiwan, Shanghai lead gains SEOUL, November 25 (AJP) - Asian equities ended mostly higher on Tuesday, led by solid gains in Taiwan and mainland China, while early momentum in several tech-heavy indices faded by the close. South Korea’s benchmark KOSPI rose 0.3 percent to 3,857.78, paring back an early jump of more than 1 percent as enthusiasm around Google’s new generative AI engine, Gemini 3.0, cooled. Local chip and AI-related stocks saw limited spillover from the launch amid reports that Googl November 25, 2025
  • Unionized Seoul subway workers threaten strike after failed wage talks
    Unionized Seoul subway workers threaten strike after failed wage talks SEOUL, November 25 (AJP) - Unionized subway workers in Seoul threatened a full-scale strike at a press conference in front of Seoul City Hall on Tuesday. Seoul Metro, which operates subway lines 1 through 8, warned that they would strike unless their demands for higher wages, the hiring of more staff, and a halt to large-scale layoffs and pay cuts are met. The union added that an all-out strike would begin in the coming weeks if these demands are not addressed. They warned, &qu November 25, 2025
  • Musinsa posts record profit for second straight year despite fashion industry downturn
    Musinsa posts record profit for second straight year despite fashion industry downturn SEOUL, November 25 (AJP) - South Korean fashion platform Musinsa announced on Tuesday its cumulative operating profit through the third quarter rose more than 20 percent from a year earlier to surpass 70 billion won ($50 million), while revenue increased by double digits. Third-quarter operating profit on a consolidated basis increased 7.3 percent from a year earlier to 11.8 billion won, while revenue expanded 11.8 percent to 302.4 billion won. Cumulative operating profit throu November 25, 2025
  • Koreans spent nearly $6 billion abroad on cards in Q3, setting new record
    Koreans spent nearly $6 billion abroad on cards in Q3, setting new record SEOUL, November 25 (AJP) - South Koreans’ overseas card spending hit an all-time high in the third quarter, buoyed by a rebound in outbound travel and steady demand for direct overseas purchases, the Bank of Korea said on Tuesday. Total spending abroad using credit and debit cards reached $5.93 billion between July and September, up 7.3 percent from the previous quarter’s $5.52 billion and surpassing the previous record of $5.71 billion set a year earlier. The cen November 25, 2025