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Prosecutors seek 30-year prison term for ex-president over drone-related allegation
SEOUL, April 24 (AJP) - Prosecutors on Friday sought a 30-year prison term for disgraced former President Yoon Suk Yeol in a separate trial related to his botched martial law debacle in 2024. During a final hearing at the Seoul Central District Court, prosecutors led by Cho Eun-suk asked the court to sentence Yoon to 30 years in jail over allegations that he ordered the dispatch of drones to Pyongyang in October 2024 several times, about two months before his Dec. 3 declaration of m
April 24, 2026
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Whiskers and wallets: cat show at KINTEX
SEOUL, April 24 (AJP) -The air at KINTEX hums with a different kind of energy this week — softer, furrier, punctuated by the occasional impatient meow. At the “2026 Nyangnyang Punch Cat Show Ilsan,” aisles fill quickly as visitors weave through rows of pastel-toned booths, peering into carriers, testing treats, and pausing for photos with cats that seem, at times, more composed than their human companions. From the entrance, the scale is unmistakable. Around 140
April 24, 2026
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Asian stocks wobble into weekly close amid entrenched Gulf uncertainties
SEOUL, April 24 (AJP) - Asian markets traded mixed Friday with little sign of diplomatic breakthrough after U.S. President Donald Trump unilaterally declared an indefinite extension to the ceasefire with Iran while continuing with naval blockade of the Strait of Hormuz. Japan's Nikkei 225 rose 0.70 percent to 59,554.99, aided by spillover from overnight gains in U.S. semiconductor shares, with Advantest climbing 1.56 percent to 28,335 yen and SoftBank Group adding 1.42 percen
April 24, 2026
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KDB Life Insurance up for sale again
SEOUL, April 24 (AJP) - Korea Development Bank (KDB) has begun a formal process to sell its subsidiary KDB Life Insurance, aiming to complete the sale within this year. According to industry sources, the state-run bank on Friday put out a notice to sell 116 million shares in KDB Life Insurance and relinquish management control. KDB holds 99.75 percent of the insurer's outstanding shares, making it the largest shareholder. This is not the bank's first attempt to sell
April 24, 2026
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Gwanghallu Pavilion, setting of Korea's Romeo and Juliet tale, eyes national treasure status
SEOUL, April 24 (AJP) — Gwanghallu Pavilion in Namwon, a southwestern city immortalized as the backdrop to Korea’s Romeo-and-Juliet-like love story, has been preliminarily designated as a national treasure, the Korea Heritage Service said Friday. The move marks an upgrade from its designation as a state treasure in 1963, reflecting its elevated historical, architectural and cultural significance. Widely regarded as the finest pavilion in the Honam region, Gwanghallu
April 24, 2026
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Korean Air delivers 5,000th wingtip device for Airbus' A320
SEOUL, April 24 (AJP) - Korean Air has delivered its 5,000th "Sharklet," a wingtip device fitted to Airbus' A320 aircraft, the South Korean flagship carrier said on Friday. The upward-curving Sharklet is attached to the tip of the narrow-body airliner, helping improve aerodynamic efficiency and reduce fuel consumption. After winning a bid from Airbus in 2010 to manufacture Sharklets, Korean Air produced its first unit in July 2012 and has since built an automate
April 24, 2026
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Hyundai Mobis posts steady Q1 gains amid global demand slump
SEOUL, April 24 (AJP) - Hyundai Mobis reported resilient first-quarter earnings, logging revenue of 15.56 trillion won ($10.5 billion) and operating profit of 802.6 billion won as expanded supply of high-value electrification components and robust aftermarket demand offset a broader cooling in global vehicle sales. Revenue rose 5.5 percent from a year earlier while operating profit climbed 3.3 percent, the company said in a regulatory filing on Friday. Net profit came in at 883.1 bi
April 24, 2026
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South Korea's foreign patient arrivals top 2 million for first time
SEOUL, April 24 (AJP) - South Korea welcomed more than 2 million foreign patients last year, the first time the figure has breached that threshold since record-keeping began in 2009. The Ministry of Health and Welfare said Friday 2,011,822 patients from 201 countries sought treatment in 2025, capping a three-year streak of record highs after arrivals cratered to about 110,000 during the COVID-19 pandemic. Chinese nationals accounted for 30.8 percent of the total, overtaking Japan
April 24, 2026
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South Korea expands cooperation with Moldova as economic pact takes effect
SEOUL, April 24 (AJP) - An agreement on economic cooperation between South Korea and Moldova took effect on Friday, according to the Ministry of Foreign Affairs. The agreement aims to strengthen bilateral cooperation across various sectors, including science and technology, energy, and transportation, laying the groundwork for a more comprehensive partnership between the two countries. Under the agreement, the two countries will establish a joint committee to review and impleme
April 24, 2026
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KAIST researchers develop high-efficiency carbon capture technology
SEOUL, April 24 (AJP) - A research team at the Korea Advanced Institute of Science and Technology has developed a high-efficiency Direct Air Capture (DAC) technology inspired by electric vehicle battery manufacturing processes, placing them among the top four finalists in a global carbon removal competition. The development addresses the high costs and low efficiency currently hindering the commercialization of technologies that remove carbon dioxide directly from the atmosphere, the
April 24, 2026