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  Hanwha Aerospace to supply additional Chunmoo launchers to Estonia SEOUL, May 11 (AJP) - Hanwha Aerospace will supply three additional Chunmoo multiple rocket launchers to Estonia, the company said Monday, marking a follow-up deal just five months after its first contract with the Baltic nation. The latest purchase reflects the growing defense partnership between South Korea and Estonia, which began with Estonia’s acquisition of K9 self-propelled howitzers and has since expanded to include precision-guided multiple rocket launchers. Hanwha May 11, 2026
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  North Korean march in Russia's Victory Day parade sends message on new alliance SEOUL, May 11 (AJP) - Missing were the regular VIPs from China and Iran at this year's Victory Day in Russia, while the military hardware usually showcased along Red Square was notably scaled back amid the ongoing wars in Ukraine and the Middle East. What stood out instead during the 45-minute spectacle was the march of North Korean servicemen fighting alongside Russian troops in Ukraine. The message came across clear. The spectacle was intended to “show off the mili May 11, 2026
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  Bibi releases special single Bumpa on May 20 SEOUL, May 11 (AJP) - South Korean singer-songwriter Kim Hyung-seo, known professionally as Bibi, will release a special single titled Bumpa on May 20. The upcoming track serves as her first musical release in exactly one year since her second studio album debuted in May 2025. Kim Hyung-seo is a prominent soloist in South Korea recognized for her distinct vocal style and narrative-driven songwriting. Since her debut, she has maintained a high degree of creative autonomy, frequentl May 11, 2026
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  China confirms Trump's visit to Beijing later this week SEOUL, May 11 (AJP) - U.S. President Donald Trump will make a state visit to China this week at the invitation of Chinese President Xi Jinping, the country's Foreign Ministry said on Monday. The announcement came a day after the White House said Trump is scheduled to arrive in Beijing on Wednesday ahead of a summit with Xi Jinping the following day. His trip will mark the first visit to China by a U.S. president in nearly a decade. The last such visit was also made by Trump d May 11, 2026
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  Kurly posts record Q1 as Coupang stumbles SEOUL, May 11 (AJP) - South Korean online grocer Kurly logged its strongest-ever quarterly earnings in the first three months of 2026, riding a wave of consumer migration away from market leader Coupang as the country's e-commerce hierarchy shows fresh signs of strain. According to regulatory filings released Monday, operating profit jumped to 24.2 billion won ($16.4 million) in the first quarter, a 1,277 percent skyrocketing surge from a year earlier and 1.9 times the company&# May 11, 2026
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  LVMH chair inspects shops in Korea amid weakening sales SEOUL, May 11 (AJP) - Bernard Arnault, chairman and CEO of French luxury titan LVMH, arrived in Seoul on Monday for an intensive inspection of the South Korean market as the world’s largest luxury group faces slowing global momentum and weaker growth in Korea relative to rival luxury houses despite the country’s continued luxury boom. Accompanied by his eldest daughter, Delphine Arnault, CEO of Christian Dior Couture, the LVMH chief’s visit comes at a pivotal mom May 11, 2026
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  Kookmin University researchers develop high-efficiency catalyst for hydrogen production SEOUL, May 11 (AJP) - A research team at Kookmin University has developed a new heterostructure catalyst that significantly improves the efficiency of hydrogen production in alkaline water electrolysis. The team, led by Professor Lee Chan-woo of the Department of Chemistry, identified the specific mechanism that allows the catalyst to accelerate the water-splitting process, the university said Monday. The research focuses on Anion Exchange Membrane Water Electrolysis (AEMWE), a ne May 11, 2026
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  Eight out of 10 Korean retail investors pocket over $6,000 from Q1 stock cashouts SEOUL, May 11 (AJP) - Eight out of 10 South Korean retail investors who cashed out stocks in the first quarter walked away with profits, earning an average of 8.48 million won ($6,100), nearly double the 4.96 million won average loss suffered by the remaining investors, according to data released by Shinhan Securities on Monday. According to the brokerage’s analysis, Samsung Electronics provided both the joy and misery for retail investors during the first quarter. Among May 11, 2026
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  NCT's Taeyong to release first full-length solo album 'WYLD' SEOUL, May 11 (AJP) -Lee Tae-yong, the leader of NCT, will release his first full-length solo album titled WYLD on May 18, SM Entertainment said Monday. The 10-track project marks a significant milestone for the 30-year-old performer who has been a central figure in South Korea's global music expansion since his debut in 2016. The release underscores the artist's creative evolution as a producer and songwriter for both his individual projects and the wider NCT collective. May 11, 2026
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  2PM to return with full-group concert in Korea coming August SEOUL, May 11 (AJP) - K-pop group 2PM will return to the South Korean stage as a full six-member act this August for its first domestic solo concert in three years, management agency JYP Entertainment said Monday. The group will hold the 2026 2PM Concert THE RETURN in INCHEON on August 8 and 9 at the Inspire Arena in Incheon. The performances will mark the first solo show in South Korea featuring all six members since September 2023, when the group held a concert to commemorate May 11, 2026