BTS to release limited-edition vinyl in celebration of 13th anniversary of their debut SEOUL, June 4 (AJP) - K-pop juggernaut BTS will release a limited-edition vinyl version of their fifth full-length album "ARIRANG" on June 12, one day before the group marks the 13th anniversary of their debut, BigHit Music said Tuesday. K-pop juggernaut BTS will release a vinyl version of their fifth full-length album "ARIRANG" next week, their agency BigHit Music said on Thursday. The limited-edition album, set for release on June 12, a day before the 13th a June 4, 2026

Eggs hit by buying limits as South Korean retailers ration supply SEOUL, June 04 (AJP) - South Korea's leading hypermarket chains have capped egg purchases at one carton per customer as prices climb on the back of an avian influenza outbreak, with retailers now weighing the sale of imported eggs for the first time. Emart and Lotte Mart are limiting shoppers to a single 30-egg carton of discounted product through June 10, the retail industry said on Thursday. Both chains are selling their trays as premium domestic grade for about 6,000 won per June 4, 2026

Won weakens to lowest level since global financial crisis SEOUL, June 4 (AJP) - South Korea's financial markets suffered a sharp sell-off on Thursday as the won fell to a 17-year low past 1,530 per dollar and sovereign bond yields spiked, driven by heavy foreign capital outflows and a trio of external shocks: escalating Middle East tensions, a hawkish Federal Reserve and a surprise monetary tightening signal from Japan. In Seoul's currency market, the won opened at 1,530 per dollar, down 13.6 won from the previous session's clo June 4, 2026

Hanwha Aerospace halts operations at 9 sites for safety inspections SEOUL, June 04 (AJP) - Hanwha Aerospace said Thursday it has suspended operations at nine domestic sites for two days to conduct safety inspections and employee training, following a deadly explosion at its plant in Daejeon. The company said it halted production lines from June 4 to 5, except for some essential processes, under the supervision of each site manager and safety officer. The affected sites include plants in Daejeon, Boeun in North Chungcheong Province and Yeosu in So June 4, 2026

Oh Se-hoon reelected Seoul mayor after dramatic overnight reversal SEOUL, June 4 (AJP) - Incumbent Seoul Mayor Oh Se-hoon of the main opposition People Power Party (PPP) was re-elected on Thursday after a nail-biting overnight count, defeating Democratic Party (DP) candidate Chung Won-o in the closest and most closely watched race of this year's local elections. According to the National Election Commission, with 97.17 percent of ballots counted as of 9 a.m., Oh was leading with 48.87 percent of the vote, edging out Chung's 48.41 percent by June 4, 2026

KOSPI tumbles at reopen after local elections as US sell-off hits chip stocks SEOUL, June 4 (AJP) - South Korea's benchmark KOSPI fell 2.3 percent to around 8,596 when trading resumed on Thursday, retreating from Tuesday's record close of 8,801 as investors reacted to an overnight Wall Street sell-off and renewed tensions in the Middle East. U.S. stocks had dropped overnight, with the Dow Jones Industrial Average falling 620 points and the Nasdaq 240, as a correction in technology shares and a slump in Broadcom soured sentiment across the chip complex June 4, 2026

South Korea's FX reserves decline in May after brief rebound SEOUL, June 4 (AJP) - South Korea's foreign exchange reserves declined in May, reversing a brief one-month rebound. According to the Bank of Korea on Thursday, South Korea's foreign exchange reserves stood at $426.99 billion at the end of May, down $880 million from the previous month. The drop came after authorities implemented market stabilization measures including a foreign exchange swap with the National Pension Service (NPS), which reduced the country's dollar h June 4, 2026

Ruling Democratic Party dominates early vote counting in S. Korea's local elections SEOUL, June 03 (AJP) - Early vote counting for the June 3 local elections shows the ruling Democratic Party taking the lead in 14 of 16 metropolitan and provincial races, including the Seoul mayoral election. The conservative People Power Party is leading in only one region, North Gyeongsang Province. If the current trend continues, the elections will end in a sweeping victory for the Democratic Party. The early results suggest that voters in the first nationwide elections sinc June 3, 2026

Former justice minister Choo Mi-ae to become first female provincial governor in South Korea SEOUL, June 03 (AJP) - The Ruling Democratic Party candidate and former justice minister Choo Mi-ae is certain to win the Gyeonggi Province gubernatorial race, making her the first woman to head a metropolitan or provincial government in South Korean history. According to the National Election Commission on Wednesday, Choo is projected to defeat People Power Party candidate Yang Hyang-ja in the June 3 local elections. The six-term lawmaker maintained a wide lead over Yang throughout June 3, 2026

Counting begins as South Korea's local elections draw to a close SEOUL, June 03 (AJP) - Vote counting for the 9th National Simultaneous Local Elections got underway at approximately 7:10 p.m. on Wednesday at polling centers across the country, including the Gwanak-gu Election Commission counting station set up at Seoul National University gymnasium in Gwanak-gu, Seoul. The final voter turnout stood at 60.9 percent, based on figures tallied as of 6 p.m. Exit polls conducted jointly by KBS, MBC, and SBS projected the Democratic Party winning 11 o June 3, 2026