• 
  Trump tariff relief lifts Korea's business sentiment temporarily SEOUL, May 28 (AJP) - Business sentiment in South Korea posted its sharpest monthly increase in two years in May, bolstered by a temporary reprieve from U.S. trade tariffs, according to data released Wednesday by the Bank of Korea. Yet despite the surge, overall confidence remains mired below levels typically associated with economic optimism. The central bank’s composite business sentiment index (CBSI) climbed 2.8 points to 90.7 in May, marking its third consecutive monthl May 28, 2025
• 
  PHOTOS: Panda twins at Everland SEOUL, May 28 (AJP) - Panda World in the Everland amusement park is currently home to a charming septet of ursine residents: four giant pandas and three red pandas. Among the star attractions are the giant panda twins, Ruibao and Huibao. Born in July 2023, these playful siblings have quickly become the zoo's undeniable darlings, drawing crowds with their endearing antics and undeniable cuteness. May 28, 2025
• 
  Stablecoin push by candidates raises alarm among regulators, experts SEOUL, May 28 (AJP) - South Korea’s leading presidential candidates have pledged to support the development of won-pegged stablecoins even as financial authorities urge caution. With an estimated 10 million South Koreans actively trading crypto, both front-runners have made digital asset policy central to their campaigns. Lee Jae-myung’s camp has formed a digital assets committee tasked with drafting comprehensive legislation, while Kim Moon-soo has proposed incorpora May 28, 2025
• 
  Lee Jae-myung maintains lead over Kim Moon-soo in final poll SEOUL, May 28 (AJP) - With just one week remaining before South Korea’s snap presidential election on Jun. 3, Democratic Party (DP) candidate Lee Jae-myung continues to lead over People Power Party candidate Kim Moon-soo, according to the final public opinion survey released before the pre-election blackout period. The Realmeter poll, conducted on May 26 and 27, showed Lee with 49.2 percent support, extending his lead over Kim, who received 36.8 percent. Reform Party candida May 28, 2025
• 
  HYBE sells SM Entertainment stake to China's Tencent Music SEOUL, May 28 (AJP) - HYBE, South Korea’s largest entertainment company behind BTS, has sold its entire stake in rival agency SM Entertainment to China's Tencent Music Entertainment. In a regulatory filing, Tuesday, HYBE said it would offload its 9.38 percent stake — totaling about 2.2 million shares — to Tencent Music, a subsidiary of China’s internet giant Tencent. The shares were sold at 110,000 won apiece, bringing the total transaction to approx May 28, 2025
• 
  Lee Jae-myung's labor agenda could face resistance from chaebol, foreign firms Editor's Note: This is the second and last in a two-part series examining the economic campaign promises of Democratic Party presidential candidate Lee Jae-myung. SEOUL, May 27 (AJP) - South Korea's leading presidential candidate Lee Jae-myung of the Democratic Party has vowed to overhaul the country’s labor system and market practices in a bold attempt to forge what he calls a “basic society." Speaking days after a fatal industrial accident at an SPC bak May 28, 2025
• 
  Two former acting presidents slapped with travel ban SEOUL, May 27 (AJP) - Former Prime Minister Han Duck-soo and former Minister of Economy and Finance Choi Sang-mok have been slapped with a travel ban over their alleged involvement in former disgraced President Yoon Suk Yeol's botched martial law debacle late last year, policed said on Tuesday. It was revealed a day after investigators summoned them for questioning related to the debacle the previous day. The two briefly served as acting presidents after a motion to impeach Yoon May 27, 2025
• 
  Tajikistan celebrates Youth Day and UN-recognized World Football Day in Seoul SEOUL, May 27 (AJP) - The Embassy of Tajikistan in Seoul hosted a football tournament in central Seoul last Friday to mark Tajikistan Youth Day and World Football Day, bringing together students, local residents, and embassy staff for the friendly competition. Tajikistan's Ambassador to Seoul Salohiddin Kirom congratulated participants and highlighted Tajikistan's strong focus on youth programs. He stressed the leadership of President Emomali Rahmon in helping young people g May 27, 2025
• 
  Former PM expresses support for PPP candidate in last-minute move ahead of presidential election SEOUL, May 27 (AJP) - With less than a week left until next month's presidential election, former Prime Minister Lee Nak-yon on Tuesday expressed his support for Kim Moon-soo, the presidential candidate of the ruling People Power Party (PPP). At a press conference in Seoul, Lee said he decided to join hands with Kim to prevent Lee Jae-myung, the presidential candidate of the main opposition Democratic Party (DP), from being elected, describing it as a "monster dictatorship. May 27, 2025
• 
  Leferi's K-beauty pop-up blends influencer power with retail strategy SEOUL, May 27 (AJP) - As beauty creator LeoJ looked out over the sleek new pop-up store in Seoul’s fashionable Seongsu neighborhood, he explained his approach to choosing products that balance accessibility with impact. “I tend to choose popular picks that are easy for beginners to use but show dramatic and immediate effects,” said LeoJ, who has 1.41 million subscribers on YouTube and served as one of the co-curators for the store. “We’re targeting pe May 27, 2025