Latest news
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Canadian Embassy hosts seminar on North Korean human rights
SEOUL, March 12 (AJP) - A seminar to shed light on North Korean human rights was held in central Seoul on Wednesday. The event, hosted by the Embassy of Canada in Seoul, brought together a wide range of attendees including those supported by the funds provided by the embassy. Non-profit organization People for Successful Corean Reunification (PSCORE) shared the outcome of its research into the working conditions of North Korean IT workers, both in the isolated country and oversea
March 12, 2025 -
Korean instant noodle exports hit record high in February
SEOUL, March 12 (AJP) - South Korea’s instant noodle exports surged to a record monthly high of $121.15 million in February, a 30.4 percent increase from the same period last year, according to data released Wednesday by the Korea Customs Service. Total exports for the first two months of the year reached $228.64 million, up 28 percent year-on-year, with export volume rising 30.2 percent to 57,190 tons. The figures highlight the growing global appetite for Korean instant noodl
March 12, 2025 -
Soaring debt, housing slump threaten Korean construction industry
SEOUL, March 12 (AJP) - Anxiety is mounting among small and mid-sized construction firms in South Korea as a wave of bankruptcies sweeps through the industry. At least seven companies, including Shindonga Construction and Sambu Construction, have filed for court receivership this year, underscoring the financial distress gripping the sector. According to data from the Ministry of Land, Infrastructure and Transport, 109 construction firms shut down by February 28 this year &mdas
March 12, 2025 -
INTERVIEW: Czech envoy highlights growing partnership between Czechia and South Korea
SEOUL, March 12 (AJP) - Ivan Jančárek, the Ambassador of Czechia to South Korea, underscored the deepening strategic partnership between the two nations. As they celebrate 35 years of diplomatic ties and a decade of strategic partnership, he highlighted key areas for further collaboration. "There is great potential for cooperation in trade, technology, and infrastructure," he said, pointing to the increasing opportunities for South Korean investment in Czechia&rsq
March 12, 2025 -
Mugshot of teacher accused in brutal stabbing of young girl unveiled
SEOUL, March 12 (AJP) - The identity and personal details of a 48-year-old teacher accused of fatally stabbing a young girl last month were unveiled on Wednesday. Police in Daejeon said they decided to disclose the mugshot of Myung Jae-wan online for about a month after reviewing the case the previous day, given the heinous nature of the crime. Under South Korean law, police can disclose personal information only when there is clear evidence linking a suspect to a crime or if the
March 12, 2025 -
PHOTOS: Arrival of spring
SEOUL, March 12 (AJP) - The warmth of spring has arrived, bringing life to rural fields and urban parks. Here's a glimpse of how people are celebrating the season.
March 12, 2025 -
US steel, aluminum tariffs take effect; South Korea's exemption quota scrapped
SEOUL, March 12 (AJP) - The Trump administration’s 25 percent tariffs on steel and aluminum imports took effect on Wednesday, marking the first sweeping trade measure imposed on all U.S. trading partners since the president’s return to office in January. The tariffs, enacted through executive order last month, apply a uniform 25 percent duty on all imported steel and aluminum products, encompassing 253 derivative items. The policy eliminates South Korea’s previo
March 12, 2025 -
US bill targeting Chinese batteries may open opportunities for Korean firms
SEOUL, March 12 (AJP) - The U.S. House of Representatives on Monday approved the "Reducing Dependency on Foreign Adversary Batteries Act," marking a significant shift in U.S. policy by establishing the first non-tariff barrier against Chinese battery manufacturers. The legislation, which now heads to the Senate, would prohibit the use of batteries from six leading Chinese companies in projects involving the Department of Homeland Security (DHS) or funded by the agency.
March 12, 2025 -
Trump's escalating tariff policy raises global recession concerns
SEOUL, March 12 (AJP) - Concerns over a potential global recession triggered by U.S. President Donald Trump's tariff war have intensified in recent days as his escalating trade policies threaten global economic stability. Last week, the president imposed a 25 percent tariff on imports from Mexico and Canada while doubling levies on Chinese goods to 20 percent — only to announce two days later that he would delay some of those increases until April 2. A 25 percent tariff on
March 12, 2025 -
Ex-ambassador to Thailand tapped as US point man in East Asia
SEOUL, March 12 (AJP) - A former U.S. Ambassador to Thailand has been nominated as a candidate for the post of assistant secretary of state for East Asian and Pacific Affairs. U.S. President Donald Trump said on Wednesday on his social media platform Truth Social that he has picked Michael DeSombre for the role. "I am pleased to announce that Ambassador Michael George DeSombre will be nominated as the next United States Assistant Secretary of State for East Asia and the Pacific
March 12, 2025
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South Korea posts current account surplus for 23rd straight month
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BYD's compact SUVs top imported EV sales, but why are they hardly seen on the streets?
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Naver posts mixed earnings results for 1st quarter
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Rising demand for data centers reshapes global real estate market, research reveals
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Excitement builds early for New Pope's planned visit to Seoul
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Riding tailwind of LNG Carriers, South Korea sets sights on lucrative next-generation liquid hydrogen carriers
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Kim and Han clash over timing, legitimacy in second unification talks
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Lotte Cinema, Megabox agree to merge, challenging CGV
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INTERVIEW : Korean Cultural Center in Abu Dhabi to celebrate 10 years of building bridges with UAE
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Korea to launch QR-based cross-border payment system, starting with Indonesia