[K-Film] Bong Joon-ho's early short available for screening next week

SEOUL, August 19 (AJP) - Filmmaker Bong Joon-ho's early short film is set for release at local theaters in Seoul next week, multi-screen chain Megabox said on Tuesday. "Incoherence" was chosen to launch the chain's monthly project showcasing renowned filmmakers' early works and short films by up-and-coming directors. The 30-minute short, made by Bong in 1994 as his graduation project for a film institute, is an omnibus with humorous satire of hypocritical el

August 19, 2025

Cost overruns push S. Korea's nuclear project in UAE into the red

SEOUL, August 19 (AJP) - South Korea’s flagship nuclear power venture in the United Arab Emirates has slipped into the red for the first time, underscoring the financial strains of the multibillion-dollar project once heralded as a cornerstone of Seoul’s ambitions to export nuclear technology. According to Korea Electric Power Corporation’s first-half 2025 financial disclosures released Tuesday, the Barakah nuclear plant posted a cumulative loss of 34.9 billion w

August 19, 2025

[K-Pop] YOUNG POSSE's "Freestyle" video tops 10 million views in about three days

SEOUL, August 19 (AJP) - YOUNG POSSE's music video for "Freestyle" crossed 10 million views on Tuesday, roughly three days after it premiered. The track fronts the group's fourth EP "Growing Pain pt.1 : FREE", released on August 14. "Freestyle" is a punk hip hop track with hints of jazz and metal. The lyrics say they will ignore outside noise and make the music they want. All five members helped write them. The video keeps that idea front and

August 19, 2025

[K-Tech] Korean game makers bring big bets to Gamescom 2025

SEOUL, August 19 (AJP) - When Gamescom, the world’s largest video game convention, opens its doors on Wednesday, the cavernous exhibition halls of Cologne will once again fill with flashing screens, long lines and hundreds of thousands of fans eager for the next big title. This year, South Korea’s biggest gaming companies are arriving in force. Krafton, the publisher behind “PUBG: Battlegrounds,” is mounting one of the flashiest presences at the five-day e

August 19, 2025

[K-Tech] Vegan meat gains global momentum. In Korea, it's a harder sell.

SEOUL, August 19 (AJP) - On a narrow street in Itaewon, the Seoul neighborhood known for its antique shops and international dining, a brown-hued restaurant hums with chatter in several languages. The tables are crowded with steaming bowls of shrimp fried rice, jjajangmyeon noodles slicked with black bean sauce, and glossy platters of deep-fried beef — or at least that is how it looks. The restaurant, ALT.a, is entirely vegan. The shrimp, beef and pork are not from animals

August 19, 2025

Independence hall of Korea chief calls for national unity in liberation day address

SEOUL, August 19 (AJP) - On August 15 at the Independence Hall of Korea in Cheonan, about 90 kilometers (56 miles) south of Seoul, director Kim Hyung-seok read a Liberation Day statement calling for "national unity" and an end to "history wars." The full text follows. --- Fellow citizens. Distinguished guests present here. Today, on the 80th anniversary of Liberation, we have gathered at the Independence Hall of Korea to once again honor the emotion of th

August 19, 2025

Zombie-themed comedy tops summer box office with 4.5 million viewers

SEOUL, August 18 (AJP) - Actor Jo Jung-suk's latest film has attracted over 4.5 million moviegoers as of Monday, less than three weeks after its release late last month, becoming this year's first South Korean film to achieve the milestone. According to the Korean Film Council, "My Daughter is a Zombie" drew about 762,000 moviegoers over the long holiday weekend marking the 80th anniversary of Liberation Day which began last Friday, dominating the box office here f

August 18, 2025

Lee's approval rating falls to lowest since taking office

SEOUL, August 18 (AJP) - President Lee Jae-myung's approval rating has slid further to the lowest since he took office in early June. According to a survey of over 2,000 voters conducted by pollster Realmeter last week and released on Monday, some 51.1 percent of respondents said Lee was doing well in his job while 44.5 percent said he wasn't. His approval rating fell 5.4 percentage points from the previous week and 12.2 points compared with two weeks earlier, when it sto

August 18, 2025

Korean banks accelerate stablecoin preparations ahead of regulatory framework

SEOUL, August 18 (AJP) - South Korea’s four largest banks are moving to enter the stablecoin market, accelerating preparations as the government edges closer to introducing a regulatory framework for digital assets. Stablecoins — digital tokens typically pegged to fiat currencies such as the U.S. dollar or euro — have drawn global interest for enabling faster, cheaper transactions while promising greater price stability than traditional cryptocurrencies. Industr

August 18, 2025

Taiwan likely to top South Korea, Japan in per capita GDP

SEOUL, August 18 (AJP) - Taiwan's government raised its 2025 economic growth forecast on Monday, projecting the island will become the first of the original "Four Asian Tigers" to reach a per capita gross domestic product of $40,000. Officials now expect the economy to expand by 4.45 percent next year, a significant jump from the previous estimate of 3.1 percent. The Four Asian Tigers — a term for the high-growth economies of South Korea, Taiwan, Singapore,

August 18, 2025