Foreign Minister Cho Hyun met with his Singaporean counterpart in Seoul on Thursday to discuss bilateral cooperation, regional security issues, and broader international affairs, according to the Ministry of Foreign Affairs. Their meeting came after Singaporean Foreign Minister Vivian Balakrishnan's visit to North Korea earlier this week as part of a regional tour that also included China. During his trip to Pyongyang last Tuesday, Balakrishnan met with his
K-pop girl band aespa showcased a new album at a hotel in southern Seoul on Thursday. Their second full-length album, "LEMONADE," which comes about two years after their first full-length album in May 2024, contains 10 songs including pre-released tracks such as "SHAKIN" and "WDA (Whole Different Animal)" featuring G-Dragon. The album's title track of the same name is an electronic dance tune driven by bold, tre
SEOUL, May 28 (AJP) -Foreign and institutional investors rattled by escalating U.S.-Iran tensions and the Bank of Korea’s strongest-yet signal of aggressive tightening hammered South Korean equities Thursday, threatening to drag the KOSPI back below the 8,000 mark first breached earlier this week. The benchmark index plunged as low as 7,841 before paring losses to close at 8,114.01, as retail investors rushed in late to scoop up semiconductor heavyweights dumped by instituti
Tourists from Indonesia are now allowed visa-free entry to South Korea from Thursday through the end of December. According to the Ministry of Justice, Indonesian tourists traveling in groups of three or more, whether independently or through a travel agency, are allowed to stay in South Korea for up to 15 days without a visa. The temporary measure in cooperation with the Ministry of Culture, Sports and Tourism and the Ministry of Foreign Affairs comes as Se
SEOUL, May 28 (AJP) -The world is at the threshold of the artificial-intelligence revolution, and at the heart of that revolution sits the semiconductor — with Korea at the heart of the semiconductor. Only a few years ago memory prices had collapsed, inventories had swollen, and Samsung Electronics and SK hynix were enduring a brutal downturn alongside the rest of the slowing global economy. Then the AI era rewrote the board almost overnight. The generative-AI surge that fo
A slew of children's products purchased online from overseas websites have been found to pose safety concerns, according to a recent inspection. The Seoul Metropolitan Government inspected some 32 children's products including umbrellas, raincoats, clothing, and toys purchased from overseas online platforms such as AliExpress, Temu, and Shein, and found that 10 of them failed to meet safety guidelines set by the Ministry of Trade, Industry and Resourc
A team of researchers in South Korea has developed a new structural design for water electrolysis systems that prevents gas bubbles from obstructing energy flow, the Korea Advanced Institute of Science and Technology said Thursday. The research team, which includes scientists from Korea Advanced Institute of Science and Technology (KAIST), the Korea Research Institute of Chemical Technology (KRICT), and Konkuk University, redesigned the internal pathways of t
May 27, 2026, is likely to be recorded as a turning point in the history of both global capital markets and the artificial-intelligence industry. The day's gains were not merely another rally in technology shares. They were a symbolic demonstration of where industrial power now resides in the age of AI, of what determines national competitiveness in the twenty-first century, and of how strong companies, strong markets and strong economies form a single virtu
Foreign investors collected a larger share of dividends from South Korean listed companies than domestic individual investors did last year, drawing 11.89 trillion won ($7.9 billion) as record corporate payouts — swollen by the semiconductor boom — flowed disproportionately to overseas shareholders. Total dividends paid by companies with December fiscal years reached 37.75 trillion won, up 16.9 percent from a year earlier, according to data releas
Kakao CEO Chung Shin-a offered a public apology to employees as the company's union secured the legal right to strike following the collapse of a second mediation session, raising the prospect of the tech giant's first-ever headquarters walkout. Chung issued the apology through an internal notice Thursday, saying she was "sincerely sorry" for failing to quickly dispel growing uncertainty within the company. "Negotiations have dragged o
