Latest

  • Xi to visit North Korea for summit next week
    Xi to visit North Korea for summit next week SEOUL, June 5 (AJP) - Chinese President Xi Jinping will visit North Korea next week for a summit with the reclusive country's leader Kim Jong-un, state media in both countries reported on Friday. The state-run Korean Central News Agency (KCNA) said Xi will pay a state visit to North Korea from June 8 to 9 at Kim's invitation. China's International Department of the Communist Party also confirmed the visit, saying Xi would travel to North Korea at the request o June 5, 2026
  • KOSPI slides on semiconductor-led broad sell-off
    KOSPI slides on semiconductor-led broad sell-off SEOUL, June 5 (AJP) - South Korean stocks fell sharply on Friday as investors took profits from a recent rally, with heavyweight semiconductor shares leading declines after an overnight sell-off in U.S. chipmakers. The benchmark KOSPI fell 6.26 percent to 8,098.52 in early trade, while the junior KOSDAQ dropped 4.65 percent to 1,000.9. The won also weakened further, trading at 1,531.70 against the dollar, compared with a previous close of 1,529.70. Semiconductor-related shares June 5, 2026
  • Michelle Steels nomination as US ambassador to S. Korea clears Senate panel
    Michelle Steel's nomination as US ambassador to S. Korea clears Senate panel SEOUL, June 05 (AJP) - Michelle Steel, U.S. President Donald Trump’s nominee for ambassador to South Korea, has cleared a key Senate committee, leaving only a final confirmation vote before the full Senate. The Senate Committee on Foreign Relations voted 14-8 on Thursday to advance Steel’s nomination, moving her one step closer to taking up the post in Seoul. If confirmed by the Senate, Steel will receive her formal appointment from Trump before assuming the ambassadoria June 5, 2026
  • Police disperse protesters, secure ballot boxes after election day disruption in Seoul
    Police disperse protesters, secure ballot boxes after election day disruption in Seoul SEOUL, June 5 (AJP) - Police on Friday dispersed protesters from a polling station in southern Seoul after a days-long standoff over the removal of ballot boxes following shortages in ballot papers that disrupted voting during Wednesday's local elections. More than 1,000 police officers were mobilized to the polling station in Jamsil, Seoul's Songpa district, from around 7:30 a.m. to secure two ballot boxes that had remained inside the polling station for more than 35 hours June 5, 2026
  • Kraftons Subnautica 2 unveils update roadmap shaped by player feedback
    Krafton's Subnautica 2 unveils update roadmap shaped by player feedback SEOUL, June 05 (AJP) - Krafton's creative studio Unknown Worlds released its eighth developer vlog for "Subnautica 2," outlining short- and long-term update plans drawn from global player feedback after the underwater survival sequel's early-access launch on May 14. In the video, lead designer Anthony Gallegos detailed recent hotfix results and a roadmap that promises richer resource deposits and rebalanced predator attacks, changes aimed at sharpening the game' June 5, 2026
  • KOSPI opens sharply lower after Wall Street chip sell-off, prompting sidecar halt
    KOSPI opens sharply lower after Wall Street chip sell-off, prompting sidecar halt SEOUL, June 5 (AJP) - South Korean stocks plunged in early trading on Friday, prompting a temporary halt on program sell orders as investors dumped semiconductor shares following an overnight sell-off in U.S. chipmakers. Just 30 minutes into Friday's trading session, the benchmark KOSPI was down 5.65 percent at 8,151.63, while the junior KOSDAQ shed 3.67 percent to 1,011.25. According to the Korea Exchange, a sell-side sidecar was activated at 9:08:25 a.m. after a sharp dec June 5, 2026
  • Samyangs Buldak tops 10 billion units, unveils new mascot Peppo
    Samyang's Buldak tops 10 billion units, unveils new mascot Peppo SEOUL, June 05 (AJP) - South Korea's Samyang Foods announced that cumulative sales of its Buldak instant noodle brand had surpassed 10 billion units, a milestone the company is marking by rolling out a next-generation character, Peppo, to anchor an aggressive push into licensing and digital content. The fiery brand, which turns 14 this year, crossed the threshold at the end of May after generating about 7 trillion won ($4.54 billion) in cumulative revenue, the company said Frida June 5, 2026
  • New voting culture takes shape among younger voters
    New voting culture takes shape among younger voters SEOUL, June 4 (AJP) - Voters turned out in record numbers for Wednesday's local elections, with final turnout reaching 61 percent, up 9.8 percentage points from 50.9 percent in the 2022 local elections. Early voting also hit a record high at 23.51 percent, up 2.89 percentage points from the previous local elections. But that tells only part of the story. At polling stations across the country, people did not just show up alone, as friends, couples June 4, 2026
  • Turkish foreign minister urges S. Korea partnership to stabilize global governance
    Turkish foreign minister urges S. Korea partnership to stabilize global governance SEOUL, June 04 (AJP) - South Korea and Türkiye must leverage their diplomatic influence to address a deepening crisis in global governance and stabilize a fragmented international order, Turkish Foreign Minister Hakan Fidan said Thursday. Speaking at the 143rd International Policy Forum at Korea University in Seoul, Hakan Fidan warned that the current international system is unsustainable and requires coordinated intervention by capable middle powers. The diplomat highlighted June 4, 2026
  • Seouls progressive education chief wins second term
    Seoul's progressive education chief wins second term SEOUL, June 4 (AJP) - Jung Keun-sik won a second term as Seoul's education chief in the June 3 local elections, extending progressive control over the capital's education office. His victory gives progressive education leaders four more years in Seoul, South Korea's education hub. It is also expected to add momentum to their key policies, including absolute grading for the college entrance exam and school records. As of 4:40 p.m. Thursday, with 99.92 percent of ballot June 4, 2026