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  • Cabinet approves plans to abolish prosecutors office
    Cabinet approves plans to abolish prosecutors' office SEOUL, September 30 (AJP) - President Lee Jae Myung approved major government restructuring plans including the abolition of the Prosecutors' Office during a Cabinet meeting in Seoul on Tuesday. It comes after a series of related bills pushed by the ruling Democratic Party, which holds a parliamentary majority, were passed by the National Assembly last week amid a boycott by the main opposition People Power Party. Under the plans, the Prosecutors' Office will be shut down September 30, 2025
  • Unequal match between Dunamu and Naver hinges on shareholder blessing
    Unequal match between Dunamu and Naver hinges on shareholder blessing SEOUL, September 30 (AJP) - South Korea’s internet giant Naver and Dunamu, operator of Upbit—the world’s fourth-largest crypto exchange—are waging a war of nerves ahead of their $14 billion strategic tie-up through a stock swap, as they seek the blessing of their respective shareholders. Naver Financial, the fintech arm of the country’s dominant internet platform, has agreed on a share-for-share merger with Dunamu, which would bring the crypto powerho September 30, 2025
  • PHOTOS: Hometown bonds revitalize local market
    PHOTOS: Hometown bonds revitalize local market SANGJU, September 30 (AJP) - The platform at Sangju Station is usually quiet, with a sparse handful of travelers passing through. But on a recent Saturday morning on Sept. 27, the scene was one of jubilant chaos. At 11 a.m., a dedicated train rolled in, and 600 passengers — Sangju natives now living in the bustling Seoul metropolitan area — poured out, instantly filling the normally tranquil space. Their mission was simple, yet profound: a collective shopping trip t September 30, 2025
  • Former Prime Minister faces trial over martial law involvement
    Former Prime Minister faces trial over martial law involvement SEOUL, September 30 (AJP) - Former Prime Minister Han Duck-soo attended the first hearing of his trial on charges related to former President Yoon Suk Yeol's botched martial law debacle late last year. Upon his arrival at the Seoul Central District Court around 9:30 a.m., Han did not respond to a barrage of questions from reporters. He faces charges of aiding Yoon in his Dec. 3 declaration of martial law, making perjury, and falsifying documents. The court allowed filmin September 30, 2025
  • K pop to drum up APEC celebration on Oct. 10
    K pop to drum up APEC celebration on Oct. 10 SEOUL, September 30 (AJP) - South Korea, home to K-pop, is hosting APEC Music Festival on Oct. 10 to drum up celebratory mood toward the 2025 Asia Pacific Economic Cooperation (APEC) held in Gyeongju. The event to stage on Gyeongju Civic Stadium is co-hosted by North Gyeongsang Province and Gyeongju governments with support from the APEC Summit Organizing Committee. KBSN, the main broadcaster. Performers include Billie, NCT Wish, Choi Yena, ONF, ONEUS, WEi, Youth Fear, Izna, J September 30, 2025
  • Pop-up stores for popular South Korean time-slip series set to open across Asia
    Pop-up stores for popular South Korean time-slip series set to open across Asia SEOUL, September 30 (AJP) - Following the huge success of cable channel tvN's period drama "Bon Appétit, Your Majesty," pop-up stores selling merchandise and other goods in three Asian countries are expected to keep captivating fans. The drama's production company, Studio Dragon, said on Tuesday it will open pop-up stores in South Korea, Japan, and Taiwan, with the one in Seoul running from Thursday through next week. In Japan, these stores will be av September 30, 2025
  • Samsung C&T secures key US certification in nuclear reactor design
    Samsung C&T secures key US certification in nuclear reactor design SEOUL, September 30 (AJP) - Samsung C&T said Tuesday its construction division had obtained a coveted nuclear design certification from the American Society of Mechanical Engineers, a step that could strengthen the South Korean company’s hand in the fast-growing market for small modular reactors. The certification, known as ASME-N, covers nuclear piping system design and is widely regarded as a benchmark for safety and quality in the nuclear industry. It verifies a c September 30, 2025
  • Incheon Airport expects record number of travelers during long Chuseok holiday
    Incheon Airport expects record number of travelers during long Chuseok holiday SEOUL, September 30 (AJP) - Some 2.45 million travelers are expected to depart from or arrive in South Korea during the upcoming Chuseok holiday which begins later this week, the Incheon International Airport Corporation said on Tuesday. The airport's busiest day is anticipated to be Wednesday, the first day of the weeklong holiday, with around 239,000 travelers, probably surpassing the previous record of 234,171 set on Aug. 4, 2019, as the total number of inbound and outbound September 30, 2025
  • ADB holds South Koreas 2025 growth outlook at 0.8 percent
    ADB holds South Korea's 2025 growth outlook at 0.8 percent SEOUL, September 30 (AJP) - South Korea’s economy is expected to grow 0.8 percent this year, the Asian Development Bank said Tuesday, leaving its July projection unchanged as government stimulus measures help counter sluggish exports and a cooling property market. In its September Asian Development Outlook, the bank reiterated that fiscal and monetary easing should support a modest recovery in the second half of 2025. The bank had cut its April forecast of 1.5 percent grow September 30, 2025
  • KAIST robots move from labs to shipyards and city streets
    KAIST robots move from labs to shipyards and city streets SEOUL, September 30 (AJP) - On September 30, Korea Advanced Institute of Science and Technology (KAIST) announced that two robotics startups spun out of its labs are taking their machines into the real world, from climbing the steel walls of shipyards to walking among crowds in Seoul's Gangnam district. One of the startups, DIDEN Robotics, was founded in March 2024 by four researchers trained in KAIST's Department of Mechanical Engineering. The company's main September 30, 2025