CJ ENM, Warner Bros. Discovery join hands for K-content production

SEOUL, October 16 (AJP) - South Korea's CJ ENM and Warner Bros. Discovery announced a strategic partnership aimed at strengthening the global presence of Korean entertainment, Thursday, underscoring the growing influence of K-content on international audiences. Under the agreement, the two companies will jointly plan and produce original Korean programming while expanding distribution through Warner Bros. Discovery’s global platforms. The collaboration includes the la

October 16, 2025

PHOTOS: Why Seoul is hiker's paradise

SEOUL, October 16 (AJP) - Seoul, a dazzling metropolis, holds a secret weapon for escaping the urban bustle: its surrounding peaks. Unlike most megacities, Seoul’s mountains are easily accessible via its subway system, offering hikers a quick dose of nature, sweeping city views, and a deep dive into Korean history. Even on a busy weekday, a nature escape is just a short trip away. Mountains like Naksan, Inwangsan, Namsan, and Baegaksan — often integral par

October 16, 2025

Top court set to deliver ruling in SK chief's divorce case

SEOUL, October 16 (AJP) - The Supreme Court of Korea is set to deliver its final ruling on Thursday for a high-profile divorce case between SK Group chairman Chey Tae-won and his estranged wife Roh Soh-yeong. The court will decide whether to uphold or overturn the previous ruling that ordered Chey to pay Roh 1.38 trillion won (approximately US$970 million) in asset division and 20 billion won in alimony, making it the most expensive divorce case in the country's history. Th

October 16, 2025

SK Enmove forms joint venture in India for lubricant business

SEOUL, October 16 (AJP) - South Korea’s SK Enmove has joined hands with India’s Gabriel India Limited to form a joint venture to expand its lubricant business in India. The agreement, signed Sept. 15 at SK’s Seorin headquarters in central Seoul, establishes SK Enmove Gabriel India, with SK Enmove holding a 51 percent stake and Gabriel India owning the remaining 49 percent, according to SK Enmove, Thursday. The venture plans to introduce a full range of produ

October 16, 2025

Hanwha Aerospace on a roll on soaring global defense spending

Editor's Note: This article is the 39th installment in our series on Asia's top 100 companies, exploring the strategies, challenges, and innovations driving the region's most influential corporations. SEOUL, October 16 (AJP) - Since Russia's invasion of Ukraine in February 2022, global defense spending has soared. Europe's rush to rearm has opened new markets for Asian manufacturers, pushing South Korea into the front line of the world's fast-growing arms tra

October 16, 2025

Son of ex-president assumes post as new envoy to China

SEOUL, October 16 (AJP) - Roh Jae-heon, the son of the late former President Roh Tae-woo, is set to assume his post ass South Korea's ambassador to China, the Ministry of Foreign Affairs said on Thursday. For his first assignment, Roh, 60, is expected to coordinate Chinese President Xi Jinping's upcoming visit to South Korea for the Asia-Pacific Economic Cooperation (APEC) summit, which is scheduled to be held in the historic city of Gyeongju later this month. Roh's

October 16, 2025

Korea, US racing toward a trade deal before APEC summit

SEOUL, October 16 (AJP) - South Korean and U.S. officials signaled that a settlement may be near in their three-month-long trade negotiations linked to Seoul’s $350 billion investment pledge and a potential tariff cut, with an agreement possibly coming before the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju later this month. “We are about to finish up with Korea,” U.S. Treasury Secretary Scott Bessent told reporters on Wednesday, referring to the

October 16, 2025

Asian shares lifted by dovish Powell comments

SEOUL, October 15 (AJP) - Asian stocks finished broadly higher on Wednesday after dovish remarks from U.S. Federal Reserve Chair Jerome Powell raised hopes for additional monetary easing. The KOSPI jumped 2.68 percent to close at 3,567.28, while the secondary Kosdaq added 2 percent to 864.72. Semiconductor shares extended their rally, powering the broader market. Samsung Electronics surged 3.71 percent to a new high of 95,000 won ($66.83), and SK hynix climbed 2.31 percent to 4

October 15, 2025

Weight-loss injections turn diet fad in Korea, raising abuse concerns

SEOUL, October 15 (AJP) - Easier access and a wider range of options are fueling misuse of foreign-made weight-loss injections in diet-obsessed Korea amid lax regulations and aggressive marketing by clinics and drugstores. Originally designed strictly for obesity treatment, the costly injections have become easier and cheaper to obtain since Eli Lilly's Mounjaro entered the Korean market in August as a lower-priced alternative to Novo Nordisk's Wegovy. Interest in Wegov

October 15, 2025

South Korean first responders fight trauma without aid or support

SEOUL, October 15 (AJP) - "When I broke the window and stepped inside, I realized I had stepped on a dead body." Lee Chang-seok, a 19-year veteran firefighter, still remembers one of the first fires he responded to in his first year on the job. The fire had already spread through the building—a restaurant below and a home above—and the windows were sealed shut by signboards. "They tried to escape through the window," he recalled. "But the si

October 15, 2025