KOSPI and Nikkei extend record rally on Nvidia guidance SEOUL, February 26 (AJP) - KOSPI and Nikkei extend record rally on Nvidia guidance South Korean and Japanese shares stayed on their record-setting path Thursday, lifted by rosy guidance from Nvidia, while China-linked markets remained subdued ahead of the annual policy-setting congress next week. Japan’s Nikkei 225 opened higher and briefly surpassed 59,000 for the first time in morning trade, marking a fresh record, before trimming gains to 58,863.20 around 11 a.m. Th February 26, 2026

South Korea pledges $100,000 in aid to cyclone-hit Madagascar SEOUL, February 26 (AJP) - South Korea will provide US$100,000 in humanitarian aid to Madagascar to help the country recover from damage caused by a recent tropical storm, the Ministry of Foreign Affairs said on Thursday. Madagascar, an island country off the southeastern coast of Africa, was recently struck by a tropical cyclone that left dozens dead and caused widespread damage including collapsed buildings, disrupted communications, and downed power lines. The ministry hopes February 26, 2026

OPINION: Foreign residents' voting rights stir fresh debate ahead of local elections in June SEOUL, February 26 (AJP) - As an increasing number of foreign residents obtain the right to vote in elections here, calls are growing to implement reciprocal measures when granting voting rights to noncitizens. As of January 2025, approximately 140,000 foreign residents in South Korea were eligible to vote in local elections. With their numbers rising and their potential influence on election outcomes growing, some, particularly those from opposition parties, are voicing concerns ah February 26, 2026

South Korean researchers use natural sounds to boost brain health SEOUL, February 26 (AJP) - A research team at Kookmin University has developed a new method to deliver cognitive health benefits through everyday sounds by blending therapeutic frequencies with natural environmental recordings. The study focuses on making 40Hz auditory stimulation, which is known to help prevent Alzheimer's disease, more comfortable for long-term listening by integrating it into local South Korean soundscapes. Professor Namkung Ki-chan and his team at the Kook February 26, 2026

BOK raises growth forecast for next year to 2% SEOUL, Feb 26 (AJP) - The Bank of Korea (BOK) upgraded its growth forecast for 2026 economy to 2 percent next year, projecting a return to a potential growth rate after a year of sluggish performance, helped by chip-led exports strength and a recovery in construction activity. Consumer price inflation is projected to remain around 2 percent, similar to last year's levels, the central bank in its revised economic forecast released on Thursday. The growth for gross domestic p February 26, 2026

South Korean researchers use AI to design high-efficiency catalysts for hydrogen vehicles SEOUL, February 26 (AJP) - A research team from the Korea Advanced Institute of Science and Technology and Seoul National University has developed a technology that uses artificial intelligence to precisely predict the arrangement of atoms in catalysts. By calculating atomic tendencies before conducting experiments, the researchers identified a way to improve both the performance and durability of the fuel cells that power hydrogen vehicles. Hydrogen fuel cells are often described February 26, 2026

BOK holds at 2.5% as asset inflation fuels leverage risks SEOUL, February 26 (AJP) - The Bank of Korea (BOK) kept its benchmark interest rate unchanged at 2.5 percent on Thursday, extending a pause that has been in place since May last year, as surging asset prices rekindle concerns over leveraged investing and record-high household debt. The decision at the central bank’s second policy meeting of 2026 was widely expected. In January, the BOK subtly shifted its policy language, removing references that implied further easing and si February 26, 2026

Korea's top-shelf defense export K9 anchors India's frontline firepower in evolving form POKHRAN, INDIA, February 26 (AJP) - The desert does not forgive hesitation. At the Pokhran Field Firing Ranges, under the abrasive winds of the Thar Desert, the K9 Vajra-T halted only long enough to compute its fire solution. Turret rotating independently of the hull, target data fed digitally, the first round was out within 30 seconds. On the move, the gun delivered in under a minute. Moments later, the battery displaced — engines growling, tracks carving arcs through sand February 26, 2026

Pyongyang sidelines Seoul while signaling potential for Washington ties SEOUL, February 26 (AJP) - North Korean leader Kim Jong-un stated that there is "no reason not to get along" with the United States if Washington abandons its hostile policy, even as he intensified his rhetoric against South Korea by vowing to permanently exclude the country from the category of "compatriots." North Korea's state media Korean Central News Agency (KCNA) reported Thursday that Kim delivered a summary report during the 9th Congress of the Work February 26, 2026

OPINION: Risks lurking behind South Korea's export boom SEOUL, February 26 (AJP) - Despite heightened external uncertainty, exports have posted unexpectedly strong performance so far this year. Preliminary cumulative figures through mid-February show an increase of roughly 30 percent, a notable gain. With the domestic economy still struggling to regain its footing after a prolonged slump, this export surge comes as welcome relief. Still, it remains uncertain how long this momentum can last. Uncertainty persists in the semiconductor sec February 26, 2026