Rare Chinese relics unveiled at Daboseong Gallery appraisal session with top experts SEOUL, July 10 (AJP) - Daboseong Gallery in South Korea has once again opened its doors to reveal a selection of Chinese antiquities rarely seen by the public, even in China itself. For the third year running, the gallery invited top Chinese appraisal experts to assess items from its vast collection, believed to be one of the most extensive private holdings of rare Chinese artifacts in Asia. The appraisal session, held on July 9, was led by Professor Lee Jung-soon of Chung-Ang U July 10, 2025

Probe into martial law debacle gains steam with ex-President's rearrest SEOUL, July 10 (AJP) - Independent prosecutors are expected to speed up and intensify their probe into disgraced former President Yoon Suk Yeol's martial law debacle after an arrest warrant for him was issued in the small hours of Thursday. The Seoul Central District Court issued the warrant, citing concerns that Yoon could destroy evidence, leading to his immediate detention once again in a remand prison in Uiwang, Gyeonggi Province. His rearrest came about four months after July 10, 2025

Hanwha Ocean intensifies bid for Poland's $6 billion submarine project SEOUL, July 10 (AJP) - Hanwha Ocean is intensifying its campaign to win a multibillion-dollar submarine contract from the Polish government, offering a localized production model, technology transfer, and strategic financing in a bid to secure the next-generation Orka submarine program. The project, valued at an estimated 8 trillion won, or roughly $6 billion, is a key component of Poland’s broader military modernization push, as the country seeks to bolster its naval capabi July 10, 2025

Tata Group of India bets on AI, EVs, renewables to power its next chapter Editor's Note: This article is the 26th installment in our series on Asia's top 100 companies, exploring the strategies, challenges, and innovations driving the region's most influential corporations. SEOUL, July 10 (AJP) - Spanning sectors from steel and software to salt and automobiles, the Tata Group of India stands as Asia’s most enduring industrial empire. With operations in more than 100 countries and a global workforce exceeding one million, the conglom July 10, 2025

Bank of China supports Korea Eximbank's first Hong Kong dollar bond issuance SEOUL, July 09 (AJP) - Bank of China has assisted the Export-Import Bank of Korea in issuing its first Hong Kong dollar-denominated public bond, known as a Wanthang bond. It is the first time the Bank of China has underwritten a bond for a South Korean policy bank. The bank served as settlement and clearing agent, joint lead manager and bookrunner, and handled the cross-currency swap transaction. Korea Eximbank’s bond is the fourth Wanthang bond to be issued globally, f July 9, 2025

Translator Kim Jung-ah completes decade-long Dostoevsky translation project SEOUL, July 09 (AJP) - Translator Kim Jung-ah held a press conference in central Seoul on Monday to announce the publication of her Korean translation of "The Brothers Karamazov." With its release, she completed solo Korean translations of four major novels by Fyodor Dostoevsky, "Crime and Punishment," "The Idiot," "Demons," and "The Brothers Karamazov." The project took more than ten years from start to finish. Kim is the first So July 9, 2025

Lee seeks advice from religious leaders over luncheon SEOUL, July 9 (AJP) - President Lee Jae-myung met with religious leaders at the presidential office on Wednesday. Lee invited the leaders of South Korea's seven key religious orders including Buddhist monks, Catholic priests, Christian pastors, and others to a luncheon to seek their advice on state affairs and promote unity amid deepening social and political conflict. Expressing his concerns, Lee said, "The role of religious leaders is even more important, especially in July 9, 2025

Korea looks to shipbuilding ties as strategic tool in tariff talks with US SEOUL, July 09 (AJP) - As South Korea prepares for high-stakes tariff negotiations with the United States over the next three weeks, the country’s shipbuilding industry has emerged as a central element of Seoul’s diplomatic and strategic playbook. Government officials said Wednesday that cooperation in the shipbuilding sector is being positioned as more than just a bargaining chip in ongoing trade discussions. A senior official at the presidential office noted that July 9, 2025

Korean instant noodle firms Samyang, Nongshim poised for strong earnings SEOUL, July 09 (AJP) - South Korea’s leading instant noodle exporters, Samyang Foods and Nongshim, are expected to post robust second-quarter earnings, buoyed by growing overseas demand and a favorable currency rate. According to analyst consensus, Samyang Foods is projected to report 542.6 billion won ($395 million) in revenue for the April–June period, a 27.9 percent increase from the same period last year. Operating profit is forecast to rise 43 percent to 127.9 July 9, 2025

Trump's 200 percent drug tariff threat draws cautious response SEOUL, July 9 (AJP) - South Korean pharmaceutical and biotech companies are preparing for potential U.S. tariffs on drug imports after President Donald Trump announced plans for sweeping trade measures that could impose duties of up to 200 percent. While the announcement has prompted firms like Celltrion and SK Biopharmaceuticals to activate contingency strategies, industry analysts say the broader impact on the Korean pharmaceutical sector is likely to be modest — at least fo July 9, 2025