Latest
-
Avatar 3 maintains box office lead for 13th consecutive day
SEOUL, December 30 (AJP) - "Avatar: Fire and Ash" continued its box office dominance for the 13th straight day, showing strong momentum in its third week of release. According to the Korean Film Council's integrated computer network on December 30, the film attracted 139,110 viewers on December 29 alone, bringing its total audience to 4.175 million. Directed by James Cameron and released in South Korea on December 17 ahead of its global premiere, the film topped the
December 30, 2025
-
New nuclear reactor in Ulsan gets green light for operation
SEOUL, December 30 (AJP) - The government committee for nuclear energy on Tuesday gave a green light to the operation of a nuclear reactor in Ulsan, ahead of its commercial launch scheduled for sometime next year. The committee said it approved the operation of the Saeul-3 reactor, formally known as Kori, in Ulju, Ulsan, after a meeting in which five of six members voted in favor, following safety reviews by the state-funded Korea Institute of Nuclear Safety as well as prior assessm
December 30, 2025
-
Korea's foreign money deposits rise on weak won, BOK revises M2 definition
SEOUL, December 30 (AJP) -South Korea’s resident foreign-currency deposits rose in November as companies held on to dollar and euro assets amid expectations that the won’s weakness would persist, highlighting deeper structural pressures in the currency market even as authorities revise how monetary liquidity is measured. According to the Bank of Korea, foreign-currency deposits held at domestic banks totaled $103.55 billion at the end of November, up $1.71 billion from a
December 30, 2025
-
Over 25,000 ethnic Koreans regain legal status after overstaying visas
SEOUL, December 30 (AJP) - More than 25,000 ethnic Koreans who had overstayed their visas here have regained their legal status, the Justice Ministry said on Tuesday. According to the ministry, about 2,522 ethnic Koreans applied for a three-month program implemented between September and November as part of immigration policies to recover their legal status. Of those applicants, 1,544 were granted legal status after undergoing strict screening conducted by legal experts and human
December 30, 2025
-
South Korea's foreign arrivals seen topping 21 million in 2026 on China-Japan tensions
SEOUL, December 30 (AJP) - South Korea could see the number of foreign visitors rise to more than 21 million in 2026, driven by a continued recovery in inbound travel and potential spillover demand from escalating tensions between China and Japan, industry researchers said. Yanolja Research, a data-driven tourism research institute, projected that foreign arrivals to South Korea would reach a baseline of 20.36 million next year, up 8.7 percent from an estimated 18.5 million in 2025.
December 30, 2025
-
US softens export curbs on chip equipment for Samsung, SK hynix plants in China
SEOUL, December 30 (AJP) - The United States has decided to partially ease planned restrictions on shipments of semiconductor manufacturing equipment to Samsung Electronics and SK hynix plants in China, helping the South Korean chipmakers avoid immediate and significant operational disruptions, industry officials said on Tuesday. Washington had been preparing to revoke the companies’ broad export authorization status and require case-by-case approvals for each shipment of
December 30, 2025
-
TRAVEL: Snowflower hiking to welcome the new year
SEOUL, December 30 (AJP) - Only a few days remain in 2025. Leaving behind a year of lingering regrets, many people share the desire to welcome the new year with hope. Some travel abroad, while many climb mountains to steady their minds. Snowflower hiking is physically demanding, but it provides an opportunity to face beautiful snowy landscapes and strengthen one's resolve. Snowflowers are formed when water vapor in the atmosphere freezes onto trees, a gift of nature typically foun
December 30, 2025
-
Seoul, Beijing agree to speed up services and investment talks under FTA
SEOUL, December 30 (AJP) -South Korea and China have agreed to speed up second-stage negotiations under their bilateral free trade agreement, focusing on services and investment, as the two sides seek to broaden economic cooperation. Yeo Han-koo, South Korea’s minister for trade, met Li Chenggang, China’s international trade negotiation representative, in Beijing to discuss ways to accelerate follow-up negotiations under the Korea-China FTA. The two sides agreed to hold
December 30, 2025
-
Asian stocks quiet on '25 final day, Korean chip shares rally on inventory squeeze
SEOUL, December 30 (AJP) - Asian equity markets spent the final trading day of 2025 on a largely subdued note, with South Korea standing out as memory-chip stocks surged to new highs amid signs of tightening supply. In Seoul, the benchmark KOSPI inched up 2.10 points to 4,222.66 as of 10:10 a.m., while the tech-heavy KOSDAQ fell 0.9 percent to 924.70. The broader index was little changed overall, but heavyweight semiconductor shares extended their rally. Samsung Electronics rose
December 30, 2025
-
South Korea's An Mu submarine completes long-range Guam mission without any failure
SEOUL, December 30 (AJP) - The South Korean Navy said on Tuesday that its An Mu submarine has completed a roughly 7,000-kilometer round-trip blue-water deployment and overseas training mission without a single equipment failure. The 3,000-ton An Mu, part of the KSS-III program, returned to Jinhae Naval Port after taking part in the South Korea–U.S. combined anti-submarine exercise “2025 Silent Shark.” The Navy held a welcome ceremony on Tuesday, hosted by Rea
December 30, 2025