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  North Korean, Chinese FMs agree to strengthen ties during talks in Pyongyang SEOUL, April 10 (AJP) - The foreign ministers of North Korea and China agreed to strengthen bilateral ties during their meeting in Pyongyang, state media reported on Friday. According to the state-run Korean Central News Agency, China's Foreign Minister Wang Yi, who arrived in Pyongyang the previous day, held talks with his North Korean counterpart Choe Son-hui. North Korea rolled out a red carpet for Wang upon his arrival, as he was "warmly met by Choe" a April 10, 2026
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  FSS puts brake on Hanwha Solutions' rights offering despite owner backing SEOUL, April 10 (AJP) - The rights offering plan by Hanwha Solutions to raise 2.4 trillion won to lessen its debt load drew a correction order from authorities despite the owner family offering to share the burden. The Financial Supervisory Service said it had requested the company to submit a revised securities filing, citing incomplete formal requirements and insufficient or unclear disclosure of key information that could hinder investors' decision-making. The filing has April 10, 2026
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  BOK holds rate at 2.5% as inflation risks clash with slowing growth SEOUL, April 10 (AJP) — The Bank of Korea on Friday kept its benchmark interest rate unchanged at 2.5 percent as widely expected, caught between rising import-driven inflation and a slowing economy amid prolonged disruptions from Middle East conflicts. The policy decision reflects a growing dilemma for the central bank, as energy supply constraints tied to the Gulf tensions continue to feed price pressures while weighing on growth. Consumer prices rose 2.2 percent in M April 10, 2026
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  K9 howitzers expand in Europe with additional orders from Finland SEOUL, April 10 (AJP) -South Korea will export an additional 112 K9 self-propelled howitzers to Finland under a government-to-government (G2G) deal valued at 546 million euros ($634 million), marking a follow-up order from the Nordic country after its initial purchase in 2017. The agreement was signed in Helsinki between the Korea Trade-Investment Promotion Agency, representing the Korean government, and Finland’s defense ministry, according to the Defense Acquisition Progra April 10, 2026
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  OPINION: A fragile truce, a stubborn strait — and a long test ahead Thirty-nine days after the United States launched its operation against Iran, dubbed “Epic Fury,” Washington and Tehran agreed to halt attacks for 14 days and begin talks on ending the war. The deal clears an immediate hurdle — but little more. The two sides have remained adversaries for nearly 50 years. Expecting a sweeping agreement within two weeks is unrealistic. The agenda alone is daunting: reopening the Strait of Hormuz, trading limits on April 10, 2026
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  BTS draws global fans to rain-soaked Goyang as world tour kicks off GOYANG, South Korea, April 09 (AJP) — Neither unseasonable spring rain nor distance kept fans from gathering for BTS’ first full-member stadium concert in seven years, as the group kicked off its three-night home run in Goyang, just west of Seoul, on Thursday night. Thousands filled the 41,311-seat Goyang Stadium, where a 360-degree in-the-round stage allowed all seven members to face every section of the crowd. Police estimated that roughly half of those arriving from April 9, 2026
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  On-site inspections underway at universities with lapses in admitting foreign students SEOUL, April 9 (AJP) - The government is inspecting universities across the country to root out any irregularities in recruiting and admitting foreign students, the Ministry of Education said on Thursday. The ministry's comprehensive on-site inspections, to be carried out over two months until May in collaboration with the Ministry of Justice, will target schools suspected of improper screenings or admitting too many students without adequate checks. These inspections April 9, 2026
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  Korean chipmakers push long-term deals as AI demand overrides cycle SEOUL, April 09 (AJP) - The memory chip market is behaving less like a cycle and more like a contract. South Korea’s Samsung Electronics and SK hynix are moving to lock in multi-year supply agreements as artificial intelligence demand strengthens their leverage over pricing and terms. Memory has long been one of the most volatile segments of the semiconductor industry, with Random Access Memory (RAM) prices prone to sharp swings. But the rapid expansion of AI infrastruct April 9, 2026
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  Seoul seeks clarity on Hormuz terms as fee risks grow SEOUL, April 09 (AJP) - Seoul is bracing for the inevitability — payments to transit the Strait of Hormuz — expected to push up fuel prices by about 0.5 percent, as it seeks clarity from Tehran while exploring alternative routes to secure Middle East energy supplies. The Ministry of Foreign Affairs said Thursday that a call between Foreign Minister Cho Hyun and Abbas Araghchi is being arranged and could take place as early as later in the day. The talks are expected t April 9, 2026
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  Asian stocks slip as Middle East tensions offset truce optimism SEOUL, April 09 (AJP) -Asian stocks edged lower Thursday as the celebratory mood over a temporary truce between the U.S. and Iran faded just a day after the agreement. The benchmark KOSPI fell 1.61 percent, or 94.33 points, to close at 5,778.01, after trading between a high of 5,862.41 and a low of 5,757.49. Foreign investors led the selling, offloading 874.7 billion won ($590 million), while retail and institutional investors bought a combined 504.8 billion won. Among l April 9, 2026