Nexon shares fly in Tokyo with cap nearing $20 bn on strong pipeline SEOUL, November 28 (AJP) - Tokyo-listed shares of South Korean game publisher Nexon have hit their highest level since 2021, sending its market valuation of around $20 billion as investors rally behind its live-service games and global expansion strategy of CEO Lee Jung-hun. Nexon shared closed Thursday at ¥3,768 on the Tokyo Stock Exchange, lifting its market cap above ¥3.1 trillion (around $19.8 billion) and extending an upward trend that began after its strong thir November 28, 2025

Asian stocks open lower as Wall Street closes for Thanksgiving SEOUL, November 28 (AJP) - South Korea's benchmark KOSPI opened lower on Friday morning, dropping 1 percent to 3,947.53. The decline was driven by foreign investors offloading shares worth a net 260.9 billion Korean won (US$17.8 million), while domestic retail and institutional investors bought a net 258.1 billion won and 9.4 billion won, respectively. But the tech-heavy junior KOSDAQ began the day higher, gaining 3 percent to 906.31 and extending a three-day upward trend. Among November 28, 2025

Lawmaker Jang Kyung-tae accused of sexual assault SEOUL, November 28 (AJP) - Lawmaker Jang Kyung-tae of the ruling Democratic Party has been embroiled in a sexual assault scandal after a complaint was filed with police. According to the Seoul Metropolitan Police Agency, Jang allegedly sexually harassed a woman at a gathering in Seoul late last year. Jang immediately denied the allegations, posting a message on Facebook saying, "I will firmly respond including legal action against these false accusations." In response November 28, 2025

Fresh cold snap grips nation SEOUL, November 28 (AJP) - A cold snap swept across the country on Friday, with morning temperatures dropping below zero and strong winds making it feel even colder. According to the Korea Meteorological Administration, cold air from the northwest caused temperatures to plunge below the seasonal average. In some central regions, temperatures fell 5 to 7 degrees Celsius, compared to the previous day. While temperatures are forecast to rise slightly in the afternoon, most regions November 28, 2025

Hanwha Ocean secures $725 million order for 4 container ships from HMM SEOUL, November 28 (AJP) - South Korea’s Hanwha Ocean announced Friday that it has secured a $725 million (1.07 trillion won) order from HMM to build four container ships. The deal is part of HMM’s broader strategy to transition to eco-friendly vessels and bolster the competitiveness of South Korea’s shipping and shipbuilding sectors. Hanwha Ocean said it will leverage its advanced container ship construction technology and extensive project experience to deliv November 28, 2025

South Korea forms council to speed up development of next-generation aircraft engine SEOUL, November 28 (AJP) - South Korea is accelerating efforts to develop next-generation aircraft engines. The Ministry of Trade, Industry and Energy said Friday it, together with related government bodies, inaugurated a council to review development plans for advanced propulsion systems for future fighter jets and streamline cooperation across ministries. Only a handful of countries — including the United States, the United Kingdom, France and Russia — possess h November 28, 2025

PHOTOS: Seoul Station marks 100 years of history SEOUL, November 27 (AJP) - Seoul Station is marking its 100th anniversary this year with a commemorative exhibition that revisits the landmark’s century-long transformation and its role in Korea’s modern history. First opened in 1925 as Gyeongseong Station, the building has borne witness to some of the most significant chapters of the nation’s past — from Japanese colonial rule and the push for modernization to liberation, national division, industrializati November 28, 2025

Korea's Oct factory output dips steepest in 5 years on chipmaking cutback SEOUL, November 28 (AJP) - South Korea’s industrial output shrank at the steepest rate in five years in October on a sharp contraction in semiconductor activity that again underscored the economy’s heavy dependence on chipmaking, government data showed Friday. According to the Ministry of Data and Statistics Industrial Output data, mining and manufacturing output declined 4 percent on month, the steepest drop since 7.5 percent in May 2020, and 8.1 percent on year, the November 28, 2025

OPINION: Lessons from the fall of the western Roman empire for Trump's 'America First' policy SEOUL, November 28 (AJP) - Romulus Augustulus is known as the last emperor of the Western Roman Empire, deposed in 476 AD by Germanic warrior Odoacer who became the first barbarian king of Italy. Historians do not hold him directly responsible for the empire's fall, as he was a puppet emperor placed by his father. Responsibility for the fall Germanic military leader Odoacer rose to power in Rome. His father Edeco was close to Attila the Hun. Odoacer's rise and Romulus&# November 28, 2025

Hanwha Ocean shifts focus to Canada after losing Polish submarine deal SEOUL, November 28 (AJP) - Hanwha Ocean said on Friday it will pivot toward future defense export opportunities after losing out on Poland’s next-generation submarine program. “Despite strong support from the South Korean government and the public, we were unable to secure the Polish contract,” the company said in a press release. The shipbuilder said it will now redirect its focus to Canada, where the government is preparing one of the world’s larges November 28, 2025