Latest
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Celltrion's Truxima becomes first South Korean biosimilar to claim top U.S. prescription share
SEOUL, April 07 (AJP) - Celltrion's blood cancer treatment Truxima has become the first South Korean biosimilar to capture the largest prescription share in the United States, marking a milestone for the country's biopharmaceutical industry at a time when Washington is actively championing lower-cost alternatives to branded drugs. Truxima, a biosimilar of Roche's blockbuster Rituxan, secured a 35.8 percent share of U.S. prescriptions by volume in February, according to d
April 7, 2026
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Trump sets Hormuz deadline, singles out South Korea over Iran war support
SEOUL, April 07 (AJP)-U.S. President Donald Trump on Monday reiterated a deadline for Iran to reopen the Strait of Hormuz by 8 p.m. Tuesday, warning of military action while again singling out South Korea, saying Washington had received little help from its allies. “The entire country can be taken out in one night, and that night might be tomorrow night,” Trump said at a White House press briefing, as he pressed Tehran to accept a deal to restore oil transit. Iran,
April 7, 2026
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Samsung Electronics Q1 income eclipses full 2025, nears full 2018 peak
SEOUL, April 07 (AJP) - Samsung Electronics on Tuesday estimated its operating profit reached a whopping 57.2 trillion won ($42.3 billion) in the January–March period on a surge in memory prices from legacy to AI-supporting high-performance chips, beating not just full-year 2025 earnings but nearing the annual income of the last chip boom year in 2018. In its first-quarter earnings guidance, the South Korean tech giant — spanning chips, smartphones and home appliances
April 7, 2026
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OPINION: America's wars — and the strategy it never had
President Donald Trump’s decision to launch a war with Iran looks less like strategy than reflex — the latest in a long line of interventions driven by misjudgment rather than necessity. Wars, by definition, should be rare instruments of policy, deployed only when anchored in a clear global strategy. Yet recent history suggests the opposite: they are easy to start, and exceedingly hard to finish. The war in Ukraine already proved that point. Even so, Washi
April 7, 2026
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Main cast of 'The Devil Wears Prada' sequel to visit Seoul ahead of release
SEOUL, April 6 (AJP) - Hollywood stars Meryl Streep and Anne Hathaway are set to visit Seoul this week, just weeks ahead of the release of a sequel to their 2006 hit "The Devil Wears Prada." According to the film's distributor, the two stars are scheduled to meet fans here at a red carpet event in Yeongdeungpo on Wednesday and also take part in other promotional activities. They are also set to appear on cable channel tvN's show "You Quiz on the Block."
April 6, 2026
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Chinese AI role in Iran war flags lessons for Seoul
SEOUL, April 6 (AJP) — The war in the Gulf is underscoring a critical lesson for South Korea, which faces its own security risks on the Korean Peninsula: the growing role of Chinese AI and satellite technologies in tracking and exposing military movements. Chinese firms are increasingly using publicly available data — including commercial satellite imagery, Automatic Dependent Surveillance-Broadcast (ADS-B) and Automatic Identification System (AIS) signals — and
April 6, 2026
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BOK to stay on hold this week, but faces looming inflation test
SEOUL, April 6 (AJP) — There is little doubt the Bank of Korea will hold its base rate at 2.5 percent at Thursday’s rate-setting meeting, but how long the pause lasts will be closely watched as Gulf-driven import inflation builds the case for at least one hike down the line. The post-meeting narrative is also unlikely to surprise, as this will be the last meeting under Governor Rhee Chang-yong before his four-year term ends on April 20. Markets are instead looki
April 6, 2026
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Girls' Generation members shine in all-white suits
SEOUL, April 6 (AJP) - Yoon-a and Hyo-yeon, members of K-pop girl group Girls' Generation, showed off their glamorous looks at a promotional event for a cosmetics brand in central Seoul on Monday. The two girls flaunted their stunning beauty in all-white suits while promoting Sulwhasoo's premium skincare products, which combine traditional herbal ingredients. In particular, Yoon-a, who has branched out into acting with appearances in various films a
April 6, 2026
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Seoul in a bind as Tehran imposes selective screening for Hormuz access
SEOUL, April 06 (AJP) - Iran is allowing a trickle of vessels through the Strait of Hormuz under a selective access regime, with ships linked to "friendly" nations securing passage while South Korean tankers remain stranded, exposing Seoul's limited leverage in the deepening energy crisis. At least 15 ships transited the chokepoint over the past 24 hours with prior authorization from Tehran, a fraction of normal traffic, underscoring tight controls imposed after the ou
April 6, 2026
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Prosecutors seek 10-year prison sentence for ex-president in appeals trial
SEOUL, April 6 (AJP) - Prosecutors sought a 10-year prison sentence for disgraced former President Yoon Suk Yeol on charges of obstructing law enforcement during an appeals trial in Seoul on Monday. It is one of the cases related to his botched declaration of martial law on Dec. 3, 2024, separate from his main charges of insurrection and abuse of power, for which he was sentenced to life in prison in February. In the first ruling delivered last January, Yoon was sentenced to fi
April 6, 2026