South Korea to transfer KF-21 prototype to Indonesia SEOUL, April 7 (AJP) - South Korea has agreed to transfer one of its fighter jet prototypes to Indonesia as part of the two countries' joint development project. According to a report submitted on Tuesday by the Defense Acquisition Program Administration (DAPA) to Kang Dae-sik of the main opposition People Power Party (PPP), who leads the National Assembly's defense committee, the two countries reached an agreement in their working-level talks in February to transfer one of April 7, 2026

Lee set to meet ruling, opposition party leaders over lunch SEOUL, April 7 (AJP) - President Lee Jae Myung is set to meet with leaders of both the ruling Democratic Party (DP) and the main opposition People Power Party (PPP) at Cheong Wa Dae in central Seoul on Tuesday to discuss measures to cope with the deepening Middle East crisis. Lee is scheduled to hold a luncheon meeting with DP leader Jung Chung-rae and PPP leader Jang Dong-hyeok. The meeting comes roughly seven months after the last one held in September last year and about two April 7, 2026

More companies voluntarily join efforts to save energy amid skyrocketing oil prices SEOUL, April 7 (AJP) - More companies are voluntarily joining energy-saving efforts including alternating vehicle use as part of measures to cope with energy shortages amid the prolonged conflict in the Middle East, the Ministry of Climate, Energy and Environment said on Tuesday. Major conglomerates such as CJ, GS, Hanwha, HD Hyundai, Hyundai Motor, Lotte, Samsung, SK, and POSCO are requiring employees to leave their cars at home once a week depending on the last digit of their lice April 7, 2026

Celltrion's Truxima becomes first South Korean biosimilar to claim top U.S. prescription share SEOUL, April 07 (AJP) - Celltrion's blood cancer treatment Truxima has become the first South Korean biosimilar to capture the largest prescription share in the United States, marking a milestone for the country's biopharmaceutical industry at a time when Washington is actively championing lower-cost alternatives to branded drugs. Truxima, a biosimilar of Roche's blockbuster Rituxan, secured a 35.8 percent share of U.S. prescriptions by volume in February, according to d April 7, 2026

Trump sets Hormuz deadline, singles out South Korea over Iran war support SEOUL, April 07 (AJP)-U.S. President Donald Trump on Monday reiterated a deadline for Iran to reopen the Strait of Hormuz by 8 p.m. Tuesday, warning of military action while again singling out South Korea, saying Washington had received little help from its allies. “The entire country can be taken out in one night, and that night might be tomorrow night,” Trump said at a White House press briefing, as he pressed Tehran to accept a deal to restore oil transit. Iran, April 7, 2026

Samsung Electronics Q1 income eclipses full 2025, nears full 2018 peak SEOUL, April 07 (AJP) - Samsung Electronics on Tuesday estimated its operating profit reached a whopping 57.2 trillion won ($42.3 billion) in the January–March period on a surge in memory prices from legacy to AI-supporting high-performance chips, beating not just full-year 2025 earnings but nearing the annual income of the last chip boom year in 2018. In its first-quarter earnings guidance, the South Korean tech giant — spanning chips, smartphones and home appliances April 7, 2026

OPINION: America's wars — and the strategy it never had President Donald Trump’s decision to launch a war with Iran looks less like strategy than reflex — the latest in a long line of interventions driven by misjudgment rather than necessity. Wars, by definition, should be rare instruments of policy, deployed only when anchored in a clear global strategy. Yet recent history suggests the opposite: they are easy to start, and exceedingly hard to finish. The war in Ukraine already proved that point. Even so, Washi April 7, 2026

Main cast of 'The Devil Wears Prada' sequel to visit Seoul ahead of release SEOUL, April 6 (AJP) - Hollywood stars Meryl Streep and Anne Hathaway are set to visit Seoul this week, just weeks ahead of the release of a sequel to their 2006 hit "The Devil Wears Prada." According to the film's distributor, the two stars are scheduled to meet fans here at a red carpet event in Yeongdeungpo on Wednesday and also take part in other promotional activities. They are also set to appear on cable channel tvN's show "You Quiz on the Block." April 6, 2026

Chinese AI role in Iran war flags lessons for Seoul SEOUL, April 6 (AJP) — The war in the Gulf is underscoring a critical lesson for South Korea, which faces its own security risks on the Korean Peninsula: the growing role of Chinese AI and satellite technologies in tracking and exposing military movements. Chinese firms are increasingly using publicly available data — including commercial satellite imagery, Automatic Dependent Surveillance-Broadcast (ADS-B) and Automatic Identification System (AIS) signals — and April 6, 2026

BOK to stay on hold this week, but faces looming inflation test SEOUL, April 6 (AJP) — There is little doubt the Bank of Korea will hold its base rate at 2.5 percent at Thursday’s rate-setting meeting, but how long the pause lasts will be closely watched as Gulf-driven import inflation builds the case for at least one hike down the line. The post-meeting narrative is also unlikely to surprise, as this will be the last meeting under Governor Rhee Chang-yong before his four-year term ends on April 20. Markets are instead looki April 6, 2026