Latest
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Defiant Trump vows to stand firm on tariffs despite Supreme Court ruling
SEOUL, February 25 (AJP) - U.S. President Donald Trump on Tuesday signaled he would not back down on tariffs, despite a Supreme Court ruling against his tariff policy last week. "A very unfortunate ruling, but the good news is that almost all countries and corporations want to keep the deal that they already made..... knowing that the legal power that I as president have to make a new deal could be far worse for them, and therefore they will continue to work along the same succ
February 25, 2026
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NewJeans' creator proposes settlement to HYBE to resolve NewJeans legal disputes
SEOUL, February 25 (AJP) - Min Hee-jin, the CEO of OOAK Records and former head of ADOR, has offered to waive a 25.6 billion won ($18.9 million) legal payout from HYBE in exchange for the termination of all ongoing litigation involving herself and the girl group NewJeans. During a press conference held in Seoul on Wednesday, Min announced her willingness to give up the funds recently awarded to her by a court regarding a put option on her former ADOR shares. Her proposal requires
February 25, 2026
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LG's smart home robot 'Cloi', ultra-thin OLED TV take home iF Design awards
SEOUL, February 25 (AJP) - South Korean tech giant LG Electronics announced it has won 26 awards at the iF Design Award 2026, taking home accolades across multiple categories including product design, user experience, and architecture. The company's key award-winning products include the "LG Cloi," a home robot designed to interact with users by responding to human facial expressions, voice commands, and gestures. LG also won an award for its "LG OLED evo W6,"
February 25, 2026
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The murmured question: Will Rhee become third BOK chief in second term?
SEOUL, Feb. 26 (AJP) — That the Bank of Korea will keep the policy rate steady at 2.5 percent on Thursday is hardly in doubt. Whether Governor Rhee Chang-yong will still be holding the gavel beyond the April meeting is. Rhee’s four-year term ends on April 20, shortly after the next rate-setting meeting on April 10. Whether he remains in office will be decided next month. Under the Bank of Korea Act, the governor’s term may be extended once with presidential en
February 25, 2026
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Ferry service along Han River set to fully resume this weekend
SEOUL, February 25 (AJP) - Seoul's water ferry service along the Han River is set to resume its full operations this weekend, the Seoul Metropolitan Government said Wednesday. The service was halted on some routes shortly after its bombastic launch in September last year due to a series of technical glitches and other problems. After being partially suspended for about 100 days, the service is set to fully resume on Sunday following the completion of safety inspections and ot
February 25, 2026
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China's Unitree Robotics unveils new robot dog with enhanced speed and mobility
SEOUL, February 25 (AJP) - Chinese robotics firm Unitree Robotics has unveiled the As2, a new quadruped robot with upgrades in speed, endurance and terrain-handling capability, as the company expands its lineup of compact size industrial capability robots. The Hangzhou-based company announced the As2 on its website on Tuesday, offering the robot dog in three variants — Air, Pro and Edu. Weighing about 18 kilograms with its battery, the machine's standout feature is its
February 25, 2026
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Except for chips, Korea now a laggard behind China in next-gen industries
SEOUL, February 25 (AJP) - With the exception of semiconductors, South Korea has slipped into laggard status behind China across most next-generation industries, from robotics and electric vehicles to batteries and autonomous driving, a government-backed report warned Tuesday, underscoring a widening competitiveness gap that is no longer narrowing. A study released by the Korea Institute for Industrial Economics and Trade (KIET) found that China now holds comprehensive value-chain a
February 25, 2026
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BTS Comeback D-24 : Less hype over BTS' 'ARIRANG' tour concert live cinema booking
SEOUL, February 25 (AJP) - The last-resort seats for the first round of BTS comeback concerts are now open, but unlike the stampede over the group’s free open-air performance in central Seoul, the rush has been muted, suggesting many fans still prefer the atmosphere of sharing the same physical space with their idols. Advance bookings for the live cinema screenings of BTS’ “ARIRANG” tour opened Wednesday at 10 a.m. (KST) across South Korea’s thr
February 25, 2026
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South Korea to allow pets in restaurants as ownership rates surge
SEOUL, February 25 (AJP) - South Korea will lift its long-standing ban on pets in dining establishments starting March 1, a regulatory overhaul aimed at accommodating the nearly 30 percent of households that now own companion animals. The Ministry of Food and Drug Safety announced the policy shift following a successful pilot program, though the transition has met with mixed reactions from small business owners concerned about the administrative and financial costs of compliance.
February 25, 2026
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Asian markets advance; KOSPI leapfrogs above 6,000
SEOUL, February 25 (AJP) — Asian markets opened higher on Wednesday on expectations that U.S. tariff measures would be applied more selectively following a landmark Supreme Court ruling, but their gains were eclipsed by the KOSPI’s staggering rally. Seoul’s main-board index surged past the 6,000-point mark at the opening bell, lifted by heavyweight technology shares as concerns over artificial intelligence-related disruptions eased. As of 11:10 a.m., the KOS
February 25, 2026