Latest
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OPINION: Greece and Korea: A living dialogue between civilizations
SEOUL, November 04 (AJP) - Throughout history, countless thinkers and philosophers have drawn inspiration from ancient Greece. Among them, Johann Wolfgang von Goethe (1749–1832) held a lifelong admiration for Greek civilization, seeing in its art, philosophy, and culture the supreme ideals of beauty, harmony, and humanity. He once proclaimed, “Become like the Greeks! They lived divinely.” Ins
November 4, 2025
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South Korea's Naver forms strategic partnership with Spotify
SEOUL, November 04 (AJP) - South Korea's Naver said Tuesday it has entered into a strategic partnership with Spotify to bring the global streaming platform’s vast library of music and podcasts to more users across Naver’s digital ecosystem. The collaboration aims to integrate Spotify’s catalog — which includes more than 100 million songs and 7 million podcasts — into Naver’s suite of services, allowing users to more easily enjoy audio co
November 4, 2025
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Asian markets mostly subdued amid mixed economic signs
SEOUL, November 04 (AJP) - Asian markets were broadly muted on Tuesday as South Korea and Japan paused after nearly a week of uninterrupted gains, while Chinese equities traded flat amid conflicting economic signals. South Korea’s KOSPI slipped 0.7 percent to 4,192.20 in early trading as investors locked in profits following a sharp rally in large-cap semiconductor stocks. Foreign investors sold 701.2 billion won, while domestic institutions offloaded 207.9 billion won. Tec
November 4, 2025
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Lee praises APEC achievements, urges swift approval of next year's budget
SEOUL, November 4 (AJP) - In an address to the National Assembly on Tuesday, President Lee Jae Myung highlighted his endeavors at last week's Asia-Pacific Economic Cooperation (APEC) summit in the country's southeastern city of Gyeongju, saying he had "put every possible effort into achieving the best results even in the worst-case scenario." During the address, his second of its kind following a similar speech on a supplementary budget in June, Lee outlined his ke
November 4, 2025
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South Korea's inflation gains fastest in 15 months, markets price in rate freeze
SEOUL, November 04 (AJP) - South Korea’s consumer inflation accelerated at the fastest pace in 15 months in October, reinforcing market expectations for another rate freeze this month as authorities attributed much of the pickup to increased spending during the extended Chuseok holiday, government data showed Tuesday. According to the October consumer price index (CPI) released by the Ministry of Data and Statistics, headline inflation rose 2.4 percent from a year earlier, t
November 4, 2025
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LG Chem, China's Sinopec to co-develop sodium-ion battery materials
SEOUL, November 04 (AJP) - South Korea’s LG Chem said Tuesday it has formed a partnership with China’s largest energy and chemical company, Sinopec, to develop key materials for next-generation sodium-ion batteries, a technology seen as a promising alternative to lithium-based systems. The two companies signed an agreement on Oct. 30 to jointly research and produce cathode and anode materials for sodium-ion batteries, known as SIBs. The collaboration aims to strength
November 4, 2025
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Former North Korean figurehead dies at 97
SEOUL, November 4 (AJP) - North Korea's former perennial nominal head of state, Kim Yong-nam, has died at the age of 97, state media reported on Tuesday. The state-run Korean Central News Agency (KCNA) said leader Kim Jong-un, accompanied by premier Pak Tae-song and other top officials, visited a memorial altar in the small hours and expressed "deep condolences over his death." According to the KCNA, the nonagenarian, who had served under the hereditary dy
November 4, 2025
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OPINION: Trump's 'beautiful' tariffs and waning trust in US power
SEOUL, November 04 (AJP) - U.S. President Donald Trump calls tariffs the “most beautiful word.” True to that conviction, he has wielded them like a hammer — striking friends and foes alike, unsettling global markets, and testing the limits of American diplomacy. He claims these hard-edged tactics have brought results: smoother negotiations with South Korea and Japan, a temporary truce with China, and what he boasts are eight global conflicts “resolved&rdq
November 4, 2025
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South Korea's martial law crisis revisited at IBA by leading constitutional scholar
SEOUL, November 04 (AJP) - South Korea has successfully defended its democratic institutions in the face of its first declaration of martial law under a democratic government and a surge of disinformation that culminated in a presidential impeachment, a leading Korean constitutional scholar told a global legal audience. Sung Nak-in, former president of Seoul National University and one of Korea’s foremost constitutional experts, detailed the short-lived but deeply damaging
November 4, 2025
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South Korea's crypto curbs push investors to foreign exchanges
SEOUL, November 04 (AJP) - The number of South Korean investors holding large sums in overseas cryptocurrency exchange accounts has more than doubled in a year, reflecting both the global market’s resurgence and growing frustration with South Korea’s restrictive trading environment. According to data from the National Tax Service, 2,320 South Koreans reported offshore crypto accounts exceeding 500 million won (about $360,000) by the end of last year — a two-f
November 4, 2025