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Barnburner 'KPop Demon Hunters' sparks Seoul pilgrimage boom
SEOUL, September 24 (AJP) - The climactic final battle of "KPop Demon Hunters," where HUNTR/X delivers the crushing blow to the demon, unfolds at Seoul's iconic Namsan Tower. The landmark scene has turned the tower into the pinnacle stop on the growing "pilgrimage" trail for fans tracing the film's shooting locations. Namsan Tower's appeal goes beyond fandom. With its cable car ride, panoramic skyline views, and the famed "love-lock" tradi
September 24, 2025
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Lee seeks UN chief's help for peace on Korean Peninsula
SEOUL, September 24 (AJP) - President Lee Jae Myung on Tuesday called for the UN's cooperation to ensure peace and security on the Korean Peninsula during a meeting with Secretary-General António Guterres. After delivering his keynote speech at the 80th session of the UN General Assembly, Lee met with Guterres, praising his leadership at the multilateral organization, stressing the UN's "crucial" role in addressing global crises and resolving internation
September 24, 2025
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Seoul weighs phased investments, revenue sharing to counter US tariff demands
SEOUL, September 24 (AJP) - Negotiations between Washington and Seoul over a $350 billion investment package remain mired in disagreement, delaying the conclusion of a deal that was expected to ease tariffs and deepen economic ties between the two allies. In July, the two countries reached a preliminary understanding to lower mutual tariffs from 25 percent to 15 percent, including reductions on automobiles, in exchange for South Korea committing to a massive investment in the
September 24, 2025
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Rookie boy band's debut album ranks 15th on Billboard 200
SEOUL, September 24 (AJP) - K-pop boy band CORTIS's debut album has made it onto the U.S. Billboard 200 albums chart for this week. According to Billboard's latest chart released Tuesday, the quintet's "Color Outside The Lines" ranked 15th, just a few weeks after its release earlier this month, an impressive feat for a rookie K-pop act. The album contains five tracks including "What You Want," a song about pursuing dreams with confidence. CO
September 24, 2025
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South Korea presses for currency swap with US as $350 billion deal hangs in balance
SEOUL, September 24 (AJP) - South Korea’s negotiations with the Trump administration over a $350 billion investment package remain unresolved, casting uncertainty over the country’s trade relationship with Washington and fueling worries about foreign exchange stability. The deal, first outlined in July, envisioned lowering mutual tariffs from 25 percent to 15 percent, with Seoul channeling $350 billion into U.S. projects — including $150 billion for a shi
September 24, 2025
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South Korean casino operator embraces AI to transform industry
SEOUL, September 24 (AJP) - Grand Korea Leisure, a casino operator known for its foreigner-only “Seven Luck” casinos, said on Tuesday it has established an “AI Innovation Team” to accelerate the gambling industry’s transition into artificial intelligence. The company, led by Chief Executive Yoon Doo-hyun, framed the initiative as a shift from earlier digital upgrades — which largely focused on efficiency through conventional IT — toward
September 24, 2025
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Lee outlines phased approach to North Korea's denuclearization at UN
SEOUL, September 24 (AJP) - President Lee Jae Myung outlined his vision for peace on the Korean Peninsula in a keynote speech at the UN General Assembly in New York on Tuesday. Speaking seventh, he pledged to end Cold War-era hostility and confrontations in the region and to promote global peace through his so-called "END initiative," which highlights exchange, normalization, and denuclearization as its key principles. "History tells us that exchange and cooperat
September 24, 2025
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Can upcoming APEC summit offer breakthrough in inter-Korean relations with Xi and Trump in attendance?
Chinese President Xi Jinping (left) and North Korean leader Kim Jong-un arrive at a state reception in Beijing on Sept. 3, 2025, marking the 80th anniversary of China's "Victory Day." TASS-Yonhap SEOUL, September 23 (AJP) - With Chinese President Xi Jinping set to visit South Korea for the Asia-Pacific Economic Cooperation (APEC) summit late next month, experts are speculating on a possible breakthrough in inter-Korean relations. South Korean President Lee Jae Myung'
September 23, 2025
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Celltrion acquires New Jersey plant for $330 million to mitigate tariff risks
SEOUL, September 23 (AJP) - South Korea's Celltrion said Tuesday it had acquired an Eli Lilly manufacturing facility in New Jersey for about $330 million, a move aimed at expanding its U.S. presence and shielding the company from steep tariffs that could be imposed under the Trump administration. The 45,000-square-meter plant, which includes two production lines, will be operated by Celltrion USA. Chairman Seo Jung-jin said the purchase was part of a broader “Made in U
September 23, 2025
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Korean memory giants await super bumper years on AI harvest
SEOUL, September 23 (AJP) - South Korea’s memory giants and investors are betting on a looming chip super cycle that could prove the most lucrative and enduring yet, fueled by the surging appetite for artificial intelligence (AI). SK hynix is poised to lead the AI-driven memory race, having leapt ahead in conventional DRAM and seized the initiative in high-bandwidth memory (HBM), a critical component for powering AI chips. The company is expected to command at least half of
September 23, 2025