Latest
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South Korean engineers find better way to use light for AI
SEOUL, April 15 (AJP) - Researchers in South Korea have created a new component that makes it easier to control light on a microchip, which could significantly boost the performance of artificial intelligence and quantum computers. The team, representing both the Korea Advanced Institute of Science and Technology and Hanyang University, designed a device that uses light interference to manage signals with much higher accuracy than current methods. The Korea Advanced Institute of Scie
April 15, 2026
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Pulmuone climbs to 3rd among global food firms in S&P sustainability ranking
SEOUL, April 15 (AJP) - South Korean food maker Pulmuone announced it achieved its highest-ever ranking in S&P Global's Corporate Sustainability Assessment, climbing to third place among global food companies from fourth a year earlier. The result, based on the 2025 CSA and reflected in S&P Global's Sustainability Yearbook 2026 published in February, marks the third consecutive year Pulmuone has placed in the top five of the food products category. The assessment eva
April 15, 2026
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Korean refiners activate 'Plan B' as Hormuz risks complicate crude diversification
SEOUL, April 14 (AJP) - South Korea’s refiners are activating contingency plans to diversify crude imports from North America as tensions around the Strait of Hormuz escalate, though analysts warn that hidden costs could limit the effectiveness of such moves. At first glance, alternative sourcing appears feasible. But industry officials say higher freight rates, refinery compatibility issues, and premiums on substitute crude could significantly raise costs. Acc
April 14, 2026
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KOSPI rises on easing Middle East tensions, but falls short of 6,000 threshold
SEOUL, April 14 (AJP) - The South Korean stock market closed higher on Tuesday, lifted by easing oil prices and signs of diplomatic progress between the U.S. and Iran, though tensions in the Strait of Hormuz kept investors cautious. The country's benchmark KOSPI rose 2.7 percent to close at 5,967.8 after briefly breaking above the 6,000 level in early morning trade. The index repeatedly hovered around the threshold throughout the session but failed to sustain its gains, losing m
April 14, 2026
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War resilience draws Korean retail money home, but sustainability in question
SEOUL, April 14 (AJP) -South Korean equities have shown surprising resilience so far against the backdrop of escalating geopolitical tensions, helping to bring home retail capital previously deployed in U.S. markets. Yet how durable — and how deep — this reshoring trend will prove remains uncertain. “Tax incentives can act as a supporting factor, but not the primary driver,” said Shin Hyun-han, a finance professor at Yonsei University’s School of B
April 14, 2026
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South Korea's refining edge turns Achilles' heel in Gulf shock
SEOUL, April 14 (AJP) — South Korea’s world-class oil refining industry — long a pillar of its export strength — is fast turning into a structural vulnerability as the Gulf crisis disrupts energy flows and exposes the economy’s deep dependence on imported crude. Global investment banks are rapidly turning cautious. French lender Natixis on Monday slashed its 2026 growth forecast for South Korea to 1 percent from 1.8 percent, marking one of the st
April 14, 2026
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Seoul-born, 1955: two women set to anchor U.S.-Korea diplomacy
SEOUL, April 14 (AJP) - Two women born in the same year, in the same city — Seoul in 1955 — are poised to represent Washington and Seoul in each other’s capitals, an unlikely symmetry that underscores the increasingly transnational nature of modern diplomacy. The White House on Monday (local time) nominated Michelle Steel, a former California congresswoman, as ambassador to South Korea, formally requesting Senate confirmation. If confirmed, Steel would return to he
April 14, 2026
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Statue of Joseon-era war hero gets bathed
SEOUL, April 14 (AJP) - The landmark statue of Admiral Yi Sun-shin, one of the key attractions in central Seoul, was washed down on Tuesday. The cleaning work on the statue of the naval commander who repelled Japanese invaders in a famous 16th-century maritime battle during the Joseon Dynasty came a day after the nearby statue of King Sejong the Great in Gwanghwamun was also cleaned, as part of regular maintenance and preservation efforts with the arrival of spring. Dust and othe
April 14, 2026
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Seoul spring festival turns Han river into a theme park
SEOUL, April 14 (AJP) - Seoul's signature spring festival, the "Seoul Spring Festival," has transformed the Han River into a vibrant cultural hub. Running from April 10 to May 5, the iconic seasonal festival is Seoul's premier culture and tourism event that offers visitors trendy experiences involving K-Beauty, K-Fashion, K-Pop, K-Food, and K-Art all in one place. This year's festival takes place along the Han River, featuring diverse programs including a
April 14, 2026
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Disgraced former first couple reunite in rare court appearance together
SEOUL, April 14 (AJP) - Kim Keon Hee, the wife of disgraced former President Yoon Suk Yeol on Tuesday appeared as a witness in Yoon's trial over election-related violations. Tuesday's hearing at the Seoul Central District Court in southern Seoul drew particular attention as it was the couple's first court appearance together, also marking their first encounter in several months since being held in separate remand prisons. After taking an oath, Kim answered only a fe
April 14, 2026