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  • Samsung Electronics faces April walkout as bonus dispute escalates
    Samsung Electronics faces April walkout as bonus dispute escalates SEOUL, April 15 (AJP) - Samsung Electronics is heading toward a partial walkout next week, with its largest labor union pushing ahead with industrial action over a profit-linked bonus system despite stalled negotiations. The union plans a rally and walkout on April 23, with a full-scale strike scheduled from May 21 if talks fail to produce a compromise. “We are open to negotiations if management puts the 15 percent operating profit payout and the removal of the bonus cap April 15, 2026
  • S. Korea claims North Korean economy on recovery
    S. Korea claims North Korean economy on recovery SEOUL, April 15 (AJP) - South Korea’s Unification Ministry said Wednesday that North Korea’s economy is entering a gradual recovery phase in line with closer ties and trade activities with Russia and China. The ministry cited deepening “alliance-level” ties between Pyongyang and Moscow — including cooperation in advanced weapons and technology — alongside increased exchange with China, as key drivers supporting the country’s economic stabili April 15, 2026
  • Latin Forum maps US ambitions to become self-sustaining technate as regional order shifts
    Latin Forum maps US' ambitions to become self-sustaining 'technate' as regional order shifts SEOUL, April 15 (AJP) - The January storming of Venezuela by United States naval forces and the subsequent apprehension of Nicolas Maduro was not merely a regime-toppling maneuver to secure the world's largest crude reserves. It marked the definitive end of Washington's reliance on global oil markets and the birth of an energy-independent, self-sustaining continental fortress. Speaking at this year's Latin Forum on Wednesday, Hankuk University of Foreign Studies Profes April 15, 2026
  • AI enters Korean legislature, but humans remain in charge
    AI enters Korean legislature, but humans remain in charge SEOUL, April 15 (AJP) - The National Assembly of South Korea said Tuesday it has launched an AI-powered legislative support platform in collaboration with Samsung SDS, an ICT company affiliated with Samsung Group. The system — a generative AI tailored for legislative use — integrates internal legislative records with external public and academic data to support document search, analysis, and drafting. About 5,000 users, including lawmakers and their aides, are expected April 15, 2026
  • Following the tracks, following the taste (Gangneung) -2
    Following the tracks, following the taste (Gangneung) -2 In quiet courtyards once lived Heo Gyun and Heo Nanseolheon, siblings whose words outlived their time. His Hong Gildong — often called Korea's first novel written in Hangul— still echoes in the air. Here, Gangneung reveals another layer: not just a place to visit, but a place that remembers. The past does not interrupt the present; it settles into it, like a quiet undertone. By the time you reach April 15, 2026
  • Record 34 listed firms post over 1 trillion won in operating profit last year, report finds
    Record 34 listed firms post over 1 trillion won in operating profit last year, report finds SEOUL, April 15 (AJP) - South Korea's top 1,000 listed companies saw their operating profits increase sharply last year, reaching the highest level since 2000, according to a report released by the Korea CXO Institute on Wednesday. Their combined operating profit stood at 189.23 trillion Korean won (about US$126.15 billion), up more than 40 trillion won or 27.7 percent, from 148.28 trillion won a year earlier, as the number of companies posting over 1 trillion won in operating April 15, 2026
  • IAEA urges safeguard on Koreas nuclear submarine plan, verification on Iran
    IAEA urges safeguard on Korea's nuclear submarine plan, verification on Iran SEOUL, April 15 (AJP) - South Korea must enter into a special safeguards arrangement with the International Atomic Energy Agency (IAEA) if it proceeds with nuclear-powered submarines to ensure that nuclear material is not diverted from propulsion use, its director general said Wednesday. “The use of nuclear technology to power submarines has a number of very important technical implications,” IAEA Director General Rafael Grossi said at a press briefing in Seoul, describi April 15, 2026
  • South Korea secures additional crude oil, naphtha through alternative routes
    South Korea secures additional crude oil, naphtha through alternative routes SEOUL, April 15 (AJP) - South Korea has secured 273 million barrels of crude oil by the end of this year, presidential chief of staff Kang Hoon-sik said on Wednesday. At a press briefing at Cheong Wa Dae in Seoul, Kang, who just returned from a weeklong trip to Kazakhstan, Oman, Qatar and Saudi Arabia, said the country has reached a deal to secure additional crude oil, including up to 2.1 million tons of naphtha, by the end of this year. "Compared to consumption levels l April 15, 2026
  • Double tariff whammy hits Korean steel as EU barriers pile on top of U.S. tariffs
    Double tariff whammy hits Korean steel as EU barriers pile on top of U.S. tariffs SEOUL, April 15 (AJP) - When it rains, it pours for South Korean steelmakers as they face collateral damage from higher trade tariffs in Europe on top of U.S. duties aimed at curbing cheap Chinese imports. The European Parliament and the Council of the EU hammered out a deal on Monday (local time) after late-night negotiations, setting tariff-free quotas at 18.3 million tons per year — nearly halved from about 35 million tons permitted under the current safeguard regime. Impo April 15, 2026
  • American YouTuber gets 6 months in prison over multiple bizarre offenses
    American YouTuber gets 6 months in prison over multiple bizarre offenses SEOUL, April 15 (AJP) - American YouTuber Johnny Somali, who stirred controversy with a series of bizarre behaviors including insulting a statue in central Seoul symbolizing victims of Japan's wartime sexual slavery, was sentenced to a prison term on Tuesday. The Seoul Western District Court handed down a six-month prison term along with 20 days of detention to Somali, whose real name is Ramsey Khalid Ismael, on charges including obstruction of business and the distribution of April 15, 2026