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  Korean consumer confidence most upbeat in eight years SEOUL, November 25 (AJP) - South Koreans turned markedly more upbeat about the economy in November, buoyed by the stock market’s record-setting rally, the settlement of a tariff deal with the United States, and stronger-than-expected third-quarter growth led by resilient exports. The Consumer Sentiment Index (CCSI) rose 2.6 points from October to 112.4, the highest since 113.9 in November 2017, the Bank of Korea said Tuesday. A reading above 100 signals optimism about cu November 25, 2025
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  Rain delays preparations for homegrown space rocket, but liftoff still on track SEOUL, November 25 (AJP) - Preparations for the launch of South Korea's homegrown Nuri rocket have been delayed due to rain, the Korea Aerospace Research Institute (KARI) said Tuesday. The rocket, dubbed KSLV-II, was scheduled to be transported to the launch pad at around 7:30 a.m, ahead of its planned liftoff later this week at the Naro Space Center in Goheung, South Jeolla Province. As KARI is likely to reschedule the transport later in the day while monitoring weather co November 25, 2025
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  OPINION: Nvidia, Bitcoin and emergence of new economic order Global markets are increasingly dancing to the movements of Nvidia and Bitcoin. A surge in Nvidia’s share price now lifts trading floors from New York to Tokyo, Seoul, London and Frankfurt. When the chipmaker disappoints, the backlash ricochets across continents. Bitcoin produces similar tremors, swinging sharply on news of regulatory shifts or ETF flows. The pattern points to a deeper shift in modern capitalism: economic gravity is clustering around a small November 25, 2025
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  Lee Soon-jae, titan of Korean acting, dies at 91 SEOUL, November 25 (AJP) - Lee Soon-jae, one of South Korea’s most distinguished and enduring actors, died early Tuesday at the age of 91, his family confirmed. With a career spanning nearly seven decades, Lee was widely regarded as the country’s oldest active actor until health issues forced him to step back last year. Born in 1934 in Hoeryong in what is now North Korea, Lee moved to Seoul at age four. His early life coincided with Korea’s liberation from Ja November 25, 2025
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  K-pop hitmaker Kim Hyung-seok bids to chair Korea Music Copyright Association SEOUL, November 25 (AJP) - Veteran K-pop composer Kim Hyung-seok (59), the creative force behind some of Korea’s most iconic ballads, has officially announced his candidacy for the 25th chairman election of the Korea Music Copyright Association (KMC). Kim, whose three-decade career shaped the sound of Korean pop through hits for Lee Moon-sae, Jang Hye-jin, Shin Seung-hun, Kim Gun-mo, Jo Sung-mo, Park Jin-young, Kim Kwang-seok, and many more, said he decided to run after re November 25, 2025
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  Foreign students spike in Korea, but not helping rural and high-skilled talent shortage SEOUL, November 24 (AJP) - Non-Chinese students now make up the majority of foreign enrollment at Korean universities, as the number of international degree-seekers has tripled over the past decade. Foreign students also fill one in every six postgraduate seats — a striking figure for a country facing a shrinking workforce and rising demand for highly skilled talent. According to the Korea Educational Development Institute (KEDI), 179,190 international students were enrolled November 24, 2025
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  KOSPI closes lower, defying broad Asian recovery led by Hong Kong gains SEOUL, November 24 (AJP) - South Korean shares extended weakness on Monday, becoming the only major Asian market to finish lower. Concerns over the won’s vulnerability, persistent AI bubble narratives, and progress in Russia–Ukraine ceasefire discussions created a triple overhang that erased early gains. The benchmark KOSPI closed 0.19 percent lower at 3,846.06. The index climbed more than 1 percent in early trading but reversed course in the afternoon as selling press November 24, 2025
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  Fried chicken beats kimchi as Korea's global signature dish SEOUL, November 24 (AJP) - Fried chicken – not kimchi – is the foreign favorite Korean food, which explains Nvidia CEO Jensen Huang’s choice of dining out with his Korean tycoon friends – Lee Jae-yong of Samsung Electronics and Chung Euisun of Hyundai Motor – last month. Nearly three out of 10 foreigners, or 28.3 percent, named Korean fried chicken as the most Korean menu they had eaten over the past year, according to a poll of 11,000 respondents acr November 24, 2025
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  Musinsa launches K-culture platform targeting global fans SEOUL, November 24 (AJP) - South Korean fashion platform Musinsa launched K-KONNECT this month, a dedicated category featuring K-pop and K-culture merchandise including fashion items, albums, and event tickets. The service, which builds on Musinsa's limited-release platform "Musinsa Drop" launched in 2023 and "Musinsa Edition" brand collaborations from 2024, aims to connect Korean culture with global fans through exclusive products and offline pop-up stores November 24, 2025
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  BOK seen holding rates through early 2026 as won weakens and debt pressures mount SEOUL, November 24 (AJP) - The Bank of Korea is widely expected to keep its key rate unchanged at 2.50 percent this week — and likely through the first half of 2026 — as the steep slide in the Korean won and heavy private-sector debt leave little room for further easing. The Monetary Policy Board meets Thursday for its final rate decision of the year. The base rate was cut twice in the first half, by a combined 50 basis points from 3.00 percent to 2.50 percent, and has November 24, 2025