K-wave at a high tide; ripples of dissent surface in ASEAN SEOUL, February 27 (AJP) - At a moment when the Korean Wave appears once again near its global crest — with artists climbing international charts and anticipation building ahead of BTS’s March 21 return at Gwanghwamun — a quieter, less comfortable current has begun to surface in one of Hallyu’s most enduring strongholds: Southeast Asia. On Monday, an X user posted a terse declaration of disillusionment. “I used to really like Korea. But what happened February 27, 2026

Korea, Japan end lower Fri after stunning February SEOUL, February 27 (AJP) - Asian equities diverged Friday as chip-heavy markets in South Korea and Japan retreated following a reassessment of AI earnings momentum, while sentiment improved modestly in China-related markets ahead of next week’s pivotal Two Sessions. In Seoul, the benchmark KOSPI fell 1.0 percent, or 63.14 points, to close at 6,244.13, after swinging between a high of 6,347.4 and a low of 6,153.9. The pullback followed a near-uninterrupted rally since Feb. 9. February 27, 2026

How South Koreans celebrate Lunar New Year's first full moon SEOUL, February 27 (AJP) - Markets are bustling with shoppers as the first full moon of the lunar year, known as Daeboreum, approaches. As Daeboreum, a day when people traditionally pray for health and a good harvest falls next Tuesday, Gyeongdong Market, one of the largest farmers' markets in Seoul, was packed with shoppers on Friday. Stores and stalls there were selling a variety of nuts such as walnuts, peanuts, pine nuts, and ginkgo nuts, tempting shoppers. In an age-o February 27, 2026

Korea's one-winged rally: stock and economy reliant on chips SEOUL, Feb 27 (AJP) - From eye-popping KOSPI gains — more than doubling since the start of 2025 — to growth rebounding toward a potential rate of around 2 percent, South Korea’s economy appears, at first glance, to be regaining momentum. But strip away the semiconductor effect, and the underlying picture remains fragile. After an almost uninterrupted rally since year-end, the benchmark KOSPI briefly traded above 6,300 this week — only a month aft February 27, 2026

British Ambassador tours Hanwha Ocean's shipyard in Geoje SEOUL, February 27 (AJP) - British Ambassador to Seoul Colin Crooks visited Hanwha Ocean’s shipyard in Geoje on Friday. According to the shipbuilder, Crooks inspected a diesel-electric Jang Bogo-class submarine currently under construction during a tour of the shipyard. Thursday's visit was made to review the status of cooperation, as Hanwha Ocean is participating in the Canadian Patrol Submarine Project (CPSP) through a strategic partnership with British defense firm February 27, 2026

BTS Comeback D-22: The story behind Gwanghwamun SEOUL, February 27 (AJP) - Today’s Gyeongbokgung is often the first breath Seoul offers to the world. Tourists in flowing hanbok pass beneath Gwanghwamun, their silk sleeves catching early-spring light. Cameras rise in unison at the changing of the royal guards. On the stone terrace of Geunjeongjeon, the old wooden eaves frame a startling horizon — beyond them, the clean axis of modern Seoul. For many visitors who first encountered Korea through K-dra February 27, 2026

Asian Culture Calendar SEOUL, February 27 (AJP) - Dec. 5 - Mar. 15 Garden of Morning Calm Winter Lights Festival 2026 Mar. 15 Seoul Marathon 2026 Mar. 14 - 16 Jeju Fire Festival Mar. 29 - Apr. 6 Jinhae Gunhangje Festival Japan Mar. 1 Konomiya Naked Festival Mar. 6 Umekoji Handicrafts Market Feb.1 - May 24 Kyoto Nippon Festival 2026 Mar. 9 - 22 Grand Sumo Tournament 2026 Hong Kong Mar. 21 Complex Live! Mar. 27 - 29 Art Basel Hong Kong Feb. 27 - Mar. 30 The 54th Hong Kong Arts Fes February 27, 2026

Korean Economy/Business Calendar SEOUL, Feb 27 (AJP) - Mar. 2–5 (Mon–Thu) MWC 2026 Barcelona - Over 180 Korean companies Mar. 4 (Wed) Jan. 2026 Industrial Activity Trends - Ministry of Data and Statistics Mar. 6 (Fri) Jan. 2026 Balance of Payments (Preliminary) - Bank of Korea February 2026 Consumer Price Trends - Ministry of Data and Statistics Mar. 17 (Tue) Feb. 2026 Export/Import Price & Trade Indexes (Preliminary) - Bank of Korea Mar. 18 (Wed) Feb. 2026 Employmen February 27, 2026

South Korea conditionally approves Google's long-awaited request for map data SEOUL, February 27 (AJP) - Global tech giant Google is now allowed to use official South Korean map data for its app services, the Ministry of Land, Infrastructure and Transport said on Friday. According to the ministry, it decided to approve Google's long-awaited request to use precision map data for its services like Google Maps and Google Earth, following a meeting with officials from other relevant ministries, provided that Google "strictly comply with security guidel February 27, 2026

Chipflation (2): Winners — component makers; losers — consumers Editor’s Note: This is the second installment in AJP’s Chipflation series, examining how explosive AI demand and South Korea’s dominance in memory chips are reshaping the global technology supply chain — from Silicon Valley data centers to everyday consumer electronics. SEOUL, February 27 (AJP) - Chipflation is, at its core, a story about economic rents. When demand concentrates on a scarce, indispensable input, the suppliers of that input capture retu February 27, 2026