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Asian stocks end 2025 quietly as Korean chipmakers steal the spotlight
SEOUL, December 30 (AJP) - Asian equities wrapped up the final trading session of 2025 mostly flat on Tuesday, while South Korean semiconductor shares closed the year in celebratory fashion, hitting fresh all-time highs. Korea’s benchmark KOSPI slipped 0.15 percent to finish at 4,214.17. Despite the modest pullback, the index logged a surge of more than 75 percent from the final trading day of last year — the strongest annual performance among major Asian stock markets
December 30, 2025
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PHOTOS:KOSPI tops 2025 performance
SEOUL, December 30 (AJP) - South Korea’s stock market wrapped up the year on a strong note despite a slight pullback on the final trading day. On Monday, the benchmark KOSPI closed at 4,214.17, down 6.39 points, or 0.15 percent, from the previous session. The tech-heavy KOSDAQ ended at 925.47, down 7.12 points, or 0.76 percent. For the full year, the KOSPI and KOSDAQ jumped roughly 75 percent and 36 percent, respectively, marking significant annual gains. In the afterno
December 30, 2025
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KOSPI posts world's fastest gains in 2025, but capital outflows cloud celebration
SEOUL, December 30 (AJP) - South Korea emerged as the world’s best-performing equity market in 2025, with its benchmark KOSPI surging nearly 76 percent over the year. Yet the historic rally came with a paradox: while stock prices soared to record highs, outbound investment overwhelmed domestic buying, leaving the won among the weakest currencies in the region. The KOSPI closed at 4,214.17 on Dec. 30, the final trading day of the year, nearly doubling from 2,399.49 at the end
December 30, 2025
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Lee to visit China for summit with Xi Jinping next week
SEOUL, December 30 (AJP) - President Lee Jae Myung will embark on a four-day trip to China early next week for a summit with Chinese President Xi Jinping. At a press briefing at Cheong Wa Dae on Tuesday, presidential spokesperson Kang Yu-jung said Lee is scheduled to depart for Beijing on Sunday for the summit, then travel to Shanghai before returning home on Wednesday. The meeting will be the two leaders' second since their first meeting on the sidelines of the Asia-Pacific
December 30, 2025
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2025 K-pop: between global success and internal strain
SEOUL, December 30 (AJP) - The K-pop industry in 2025 stood at a crossroads, marked by record-setting global achievements alongside growing structural challenges at home. From the global success of Netflix's animated series "KPop Demon Hunters" to Rosé's "APT." topping the Billboard charts — and from the NewJeans dispute to a shrinking album market — K-pop experienced a year of both expansion and strain. 'KPop Demon Hunte
December 30, 2025
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New senior post in charge of AI created at Defense Ministry
SEOUL, December 30 (AJP) - A deputy minister-level post in charge of artificial intelligence (AI)-related affairs has been created within the Ministry of Defense to accelerate the military's technological modernization. Approved at a Cabinet meeting on Tuesday and set to take effect later this week, the new post will spearhead the military's adoption of cutting-edge technologies while overseeing key areas where AI is needed, including logistics, information, and the procur
December 30, 2025
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Seoul completes elevator rollout across 338 stations; Protesters flag remaining barriers
SEOUL, December 30 (AJP) — The Seoul Metropolitan Government announced on Tuesday that all 338 subway stations in the capital are now equipped with elevator access from ground level to the platforms, marking a milestone in the city's efforts to improve public transit accessibility. To commemorate the achievement, city officials held a ceremony at Kkachisan Station on Line 5. The completion of the "one-route" system means that passengers with reduced mobility,
December 30, 2025
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Korea faces unavoidable shift toward renewables, nuclear power: energy minister
SEOUL, December 30 (AJP) - South Korea faces an unavoidable shift in its energy mix as it confronts the climate crisis, requiring a combination of carbon-free renewable energy and nuclear power while gradually phasing out coal and gas, Climate, Energy and Environment Minister Kim Sung-hwan said on Tuesday. Kim made the remarks at the First Energy Mix Policy Forum held at the National Assembly, calling for a pragmatic and science-based approach to energy policy. Kim said t
December 30, 2025
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Boy band RIIZE to conclude first world tour with three-day concert in Seoul
SEOUL, December 30 (AJP) - K-pop Boy band RIIZE will wrap up their first world tour with a finale concert in Seoul in March next year. According to their management agency SM Entertainment, the six-member boy band will perform in Jakarta, Manila, and Singapore in January, Macao in February, before concluding their tour with a three-day concert from March 6 to 8 at KSPO Dome, an indoor arena in southern Seoul with a capacity of 15,000. During their tour, which began in Septe
December 30, 2025
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Seoul lifts ban on access to North Korea's party newspaper
SEOUL, December 30 (AJP) - South Korea has lifted long-standing restrictions on access to Rodong Sinmun, the official newspaper of North Korea’s Workers’ Party, allowing the public to read it uncensored at designated institutions, the Unification Ministry said Tuesday. Under the revised rules, South Koreans can access the newspaper at facilities that handle special materials — including the Unification Ministry’s North Korea Information Center and the Nationa
December 30, 2025