South Korea holds talks with Algeria, Libya to secure alternative oil supplies SEOUL, April 17 (AJP) - South Korea has discussed energy-related cooperation with Algeria and Libya, the Ministry of Foreign Affairs said on Friday. Park Jong-han, a ministry official, visited Algeria and Libya earlier this week to assess the possibility of securing emergency supplies of crude oil and naphtha, according to the ministry. His four-day trip, which began last Monday, was part of efforts to secure alternative supply routes that would remain unaffected by the closure o April 17, 2026

Samyang Foods' Buldak spice brand ventures into reality TV with dating show SEOUL, April 17 (AJP) - Samyang Foods has launched a reality dating show built around its Buldak spicy noodle brand, marking the company's latest push to embed the product into global youth culture beyond conventional food marketing. The South Korean food company announced Friday that it has partnered with U.S. media platform Nectar to produce "Heat Match," a dating show filmed against the backdrop of a major California music festival. The first episode aired April 11 April 17, 2026

Washington 'very close' to deal with Iran as talks may resume this weekend, Trump says SEOUL, April 17 (AJP) - The U.S. is "very close" to reaching a deal with Iran to end the prolonged conflict in the Middle East, with talks between the two sides likely to resume as early as this weekend, U.S. President Donald Trump said on Thursday. Speaking to reporters at the White House before departing for Las Vegas, Trump suggested some progress has been made in negotiations, though Tehran has yet to comment. "The big thing we have to do is we have to make su April 17, 2026

IMF keeps Korea growth view at 1.9% on 'energy buffers' despite Gulf shock SEOUL, April 17 (AJP) -The International Monetary Fund on Thursday maintained its growth outlook for South Korea at 1.9 percent for this year, holding steady from its January projection as it pointed to “sufficient buffers” to withstand energy shocks stemming from the Gulf conflict. The assessment came as the war-driven surge in oil and gas prices adds a fresh layer of uncertainty to the global economy, with Asia seen as particularly exposed due to its heavy reliance o April 17, 2026

Nation honors Sewol victims as 12th anniversary deepens calls for accountability SEOUL, April 16 (AJP) - A synchronized silence descended upon the plaza fronting the Seoul City Council building at precisely 4:16 p.m. on Tuesday, as hundreds of citizens bowed their heads to mark twelve years since the Sewol ferry disaster. The gathering was held at the "Memory and Light," a civic space that served as a solemn anchor for a nation still grappling with the loss of 304 lives. The vast majority of victims were Danwon High School students from the city of A April 16, 2026

Sewol families still trapped in that day 12 years ago as closure never arrives SEOUL, April 16 (AJP) - The familiar ache — the rage, the self-hate, the gut-wrenching grief, and finally the emptiness — returns every April. It is, for Choi Soon-hwa, the cruelest month. Each night in the days leading up to April 16, she returns to that day, now twelve years ago. “Why did so many people have to die? Why weren’t they saved? Why didn’t anyone tell them to come out, to jump, to escape?” For twelve years, these questions have April 16, 2026

After Gulf war, Section 301 looms as next hit to Korean economy SEOUL, April 16 (AJP) — As South Korean markets price in a winding down of the Middle East conflict, another front is quietly opening — this time in trade. With the KOSPI hitting fresh highs on easing war concerns, attention is shifting to Washington, where a new round of investigations under Section 301 of the Trade Act is gathering pace, raising the risk of fresh tariffs on key trading partners, including South Korea. Seoul, alongside Japan and China, is among April 16, 2026

KOSPI flirts around record highs amid signs of de-escalating Gulf tensions SEOUL, April 16 (AJP) -Korean stocks extended gains Thursday, with the benchmark KOSPI hovering near a record close on signs of de-escalating Gulf tensions and renewed institutional buying. The KOSPI rose 2.2 percent to close at 6,226.10, a tad below last record finish of 6,307.27 on Feb. 26. Institutions led the advance, purchasing 1.10 trillion won($746.7 million), while foreign investors added 464.4 billion won. Retail investors sold 1.81 trillion won, locking in gains afte April 16, 2026

Car exports edge up last month despite Middle East conflict PYEONGTAEK, April 16 (AJP) - South Korea's car exports increased last month despite the prolonged conflict in the Middel East. According to a report by the Ministry of Trade, Industry and Energy on Thursday, the total amount of car exports stood at $6.37 billion in March, up 2.2 percent from the same period last year. Exports of hybrid vehicles drove the increase, surging by over 60 percent, despite a significant decline in shipments to the Middle East. April 16, 2026

Spring gives way to early summer heat SEOUL, April 16 (AJP) - This year's spring, which had only just begun, has suddenly disappeared, giving way to early summer heat this week, with daily highs hovering above 20 degrees Celsius nationwide. According to the Korea Meteorological Administration (KMA), temperatures in most parts of Seoul and the surrounding metropolitan area soared to 27 degrees Celsius on Thursday, marking one of the warmest levels recorded for April. The unusually high temperatures, compared with April 16, 2026