PHOTOS: A full-on field day under clear Autumn skies SEOUL, October 17 (AJP) - "Sweeping victory, Blue Team! Cheer on, White Team!" On a clear, blue Autumn Friday, children's laughter filled an elementary school playground in Jungnang District Seoul. In Korea, schools traditionally hold a field day once a year, usually in spring or autumn. The event features a variety of games and, at times, class performances. Families join in the festivities, making it one of the biggest events of the school year — an experience October 19, 2025

Waseda University awards honorary doctorate to LS Chairman Koo Ja-yeol SEOUL, October 19 (AJP) - Waseda University conferred an honorary doctorate in law upon Koo Ja-yeol (Christopher Koo), chairman of LS Group's board of directors, at a ceremony attended by about 100 dignitaries from academia and business circles. The award ceremony took place at 4 p.m. on Saturday at the Aizu Museum on the university's campus, with Korea University President Kim Dong-won and Waseda University President Tanaka Aiji among the distinguished guests. Koo, who j October 19, 2025

KOSPI survives broad Asian stock slide U.S. bank concerns SEOUL, October 17 (AJP) - Major Asian stock markets fell across the board Friday amid renewed jitters over the financial health of U.S. regional banks. Korean shares, however, defied the trend, extending their rally to fresh record highs. The benchmark KOSPI finished nearly flat but managed to notch a new closing high of 3,748.8, supported by strong gains in battery stocks after data showed global electric vehicle sales hit an all-time high in September. EcoPro soared 27.04 per October 17, 2025

Seoul mulls expanding organ donor criteria amid dire shortage SEOUL, October 17 (AJP) - Korea is considering expanding its organ donor eligibility to include patients who experience cardiac arrest after withdrawing life-sustaining treatment, joining a small group of countries that permit organ donation beyond brain-dead cases. The move comes amid an acute shortage of transplantable organs, with patients waiting an average of four years for a transplant. Whether the policy change can meaningfully ease the growing backlog remains uncertain, gi October 17, 2025

Chinese sanctions on Hanwha Ocean could affect MASGA project, Seoul official warns SEOUL, October 17 (AJP) - South Korea’s top defense procurement official warned on Friday that recent Chinese sanctions against Hanwha Ocean’s U.S. subsidiaries could eventually hinder a joint shipbuilding initiative between Seoul and Washington. During a parliamentary audit session, Suk Jong-geon, commissioner of the Defense Acquisition Program Administration, said the Chinese sanctions could affect the Make American Shipbuilding Great Again (MASGA) project, an effo October 17, 2025

Chipotle lands, In-N-Out pops up — Korea rises as test kitchen for Western tastes SEOUL, October 17 (AJP) - South Korea is fast becoming the test kitchen for Western food giants eyeing Asia. Chipotle, one of America’s leading fast-casual chains, has chosen Seoul to gauge Asian palates for its Mexican flavors, while California-based In-N-Out Burger has returned with a second pop-up event — underscoring how Western brands increasingly view Korean “Zenners” as the first benchmark to crack the regional market. Chipotle last month partnered w October 17, 2025

Hyunmoo-5 deployment to begin by year-end amid rising North Korean ICBM threat SEOUL, October 17 (AJP) - South Korea will begin deploying its 8-ton "Hyunmoo-5" ballistic missile by the end of this year, as part of its effort to reinforce deterrence against North Korea's advancing nuclear threat. The Defense Ministry confirmed the plan to AJP on Friday, saying the Hyunmoo-5 — dubbed the "monster missile" for its unprecedented payload — has entered the operational fielding phase and is planned for mass production, with deploym October 17, 2025

Exchange, brokers warn as Korea's margin loans surge nearly 50% SEOUL, October 17 (AJP) - Leveraged stock investment in South Korea has soared nearly 50 percent this year to surpass 23 trillion won ($16.4 billion), as the benchmark KOSPI’s 50-percent rally fueled aggressive borrowing for equity trades — prompting warnings from regulators and market participants. The balance of margin accounts at securities firms reached 23 trillion won, up 49 percent from 15.8 trillion won at the end of 2024, according to data released Friday by th October 17, 2025

Lee's approval rating drops to lowest level since taking office SEOUL, October 17 (AJP) - President Lee Jae Myung's approval rating has dropped to a record low since he took office in June this year. According to a survey of over 1,000 adults conducted earlier this week by pollster Gallup Korea and released on Friday, Lee's approval rating stood at 54 percent, down one percentage point from a similar survey at the end of September. His disapproval rating also rose to 35 percent, while about 10 percent of respondents remained undec October 17, 2025

Korea's job growth in September hits 19-Month high, manufacturing still tepid SEOUL, October 17 (AJP) - South Korea saw the largest job addition in 19 months in September, driven mainly by service-sector hiring under government stimulus measures, while manufacturing and youth employment remained sluggish, data showed Friday. According to the Ministry of Data and Statistics, the number of employed people aged 15 and over reached 29.15 million in September, an increase of 312,000 from a year earlier. It was the largest on-year gain since February 2023, when emp October 17, 2025