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  • South Korea dispatches chief of staff as Astana readies for regional summit
    South Korea dispatches chief of staff as Astana readies for regional summit SEOUL, April 09 (AJP) - South Korea sent its presidential chief of staff to Central Asia on Wednesday to secure attendance for an inaugural regional summit, moving to lock in vital energy and logistics access. The diplomatic push bypasses traditional military and economic alliances. Instead, the strategy builds directly on an ideological framework established seven months ago during a global interfaith congress, illustrating how modern statecraft increasingly relies on spiritual April 9, 2026
  • NPS holding in Korean stocks stretches $54 bn Q1 thanks to chip names
    NPS holding in Korean stocks stretches $54 bn Q1 thanks to chip names SEOUL, April 09 (AJP) -South Korea’s National Pension Service, one of the world's largest with 1,540.4 trillion won worth assets under management as of January, saw its value of its holdings in domestic equities stretch by 80 trillion won ($54 billion) in the first quarter thanks to the spikes in memory stocks. According to financial data tracker FnGuide, the NPS stakes in 291 listed companies subject to disclosure with holding ratio of more than 5 percent were value April 9, 2026
  • KAIST researchers and Nobel winner David Baker develop AI protein sensors for cortisol
    KAIST researchers and Nobel winner David Baker develop AI protein sensors for cortisol SEOUL, April 09 (AJP) - Researchers in South Korea have successfully used artificial intelligence to design proteins that can detect specific chemicals, including stress hormones, through a collaboration project between the Korea Advanced Institute of Science and Technology and 2024 Nobel laureate David Baker from the University of Washington, the prominent South Korean science institute said Thursday. The study demonstrates a way to create functional biosensors from scratch, a p April 9, 2026
  • North Korea tests tactical ballistic missile with cluster bomb warhead, state media says
    North Korea tests tactical ballistic missile with cluster bomb warhead, state media says SEOUL, April 9 (AJP) - North Korea has conducted tests of a "tactical ballistic missile" equipped with a "cluster bomb warhead," state media reported on Thursday. According to the state-run Korean Central News Agency, the tests were conducted over three days earlier this week to "verify the combat reliability of the mobile short-range anti-aircraft missile system." It added that the surface-to-surface tactical ballistic missile "tipped w April 9, 2026
  • Chipflation accelerates, Samsung device makers bump up price tags
    Chipflation accelerates, Samsung device makers bump up price tags SEOUL, April 8 (AJP)-Samsung Electronics and other South Korean device makers are raising prices across smartphones, laptops and tablets as a sharp surge in memory costs — driven by artificial intelligence demand — squeezes margins and reshapes the consumer electronics market. Samsung this week lifted prices for key products including laptops and tablets, with some models rising by as much as 900,000 won ($600). The company also raised official prices of several smart April 9, 2026
  • OPINION: War without order and reason
    OPINION: War without order and reason The war launched by the United States and Israel against Iran has entered its sixth week, with no clear end in sight. What began as a show of force has instead evolved into a grinding conflict, disrupting global energy flows, rattling markets and exposing the fragility of international order. Each morning, attention turns less to the battlefield than to Washington — to President Donald Trump’s shifting rhetoric, deadlines and threats. Policy, i April 9, 2026
  • Stars of The Devil Wears Prada arrive in Seoul to promote sequel
    Stars of 'The Devil Wears Prada' arrive in Seoul to promote sequel SEOUL, April 8 (AJP) - Hollywood stars Meryl Streep and Anne Hathaway attended a red carpet event to meet South Korean fans in central Seoul on Wednesday, just weeks ahead of the release of their upcoming film. Their visit to Seoul comes as the sequel to their 2006 hit "The Devil Wears Prada" is scheduled for release on April 29. The sequel reunites the original cast in new roles, as they face new challenges and evolving careers in the fashion industry. It remains to be April 8, 2026
  • FX intervention joins as the truce in Middle East provides relief in Korean market
    FX intervention joins as the truce in Middle East provides relief in Korean market SEOUL, April 08 (AJP) - The relief over bombardment in the Gulf brought long-awaited relief to the South Korean won and bonds, and the truce amplified Seoul’s intervention campaign, according to traders. The won closed at 1,470.6 per dollar, returning below the 1,500 level for the first time in 12 trading days. The 33.6 won gain marked the steepest daily move in about three months, since a 33.8 won jump on Dec. 24 last year amid heavy intervention. The conditional cease April 8, 2026
  • Hormuz reopening hinges on Iran control as Korean tankers await passage
    Hormuz reopening hinges on Iran control as Korean tankers await passage SEOUL, April 08 (AJP) - The United States and Iran have agreed to a dramatic two-week ceasefire centered on reopening the Strait of Hormuz, but when, how — and more importantly, at what cost — stranded South Korean vessels can pass safely remains uncertain. The presidential office in Seoul on Wednesday said the ceasefire had created conditions for resuming transit through the strait, adding that the government would step up coordination with shipping companies and commun April 8, 2026
  • Motorists required to leave their cars once a week as part of energy-saving efforts
    Motorists required to leave their cars once a week as part of energy-saving efforts SEOUL, April 8 (AJP) - Starting from Wednesday, motorists are required to leave their cars at home once a week, depending on the last digit of their license plates, as they are unable to use public parking on certain days. The measure is part of energy-saving efforts amid the prolonged conflict in the Middle East, which has caused global energy supply disruptions as well as soaring fuel prices. Civil servants and staff at public institutions, who have been subject to a similar me April 8, 2026