• 
  South Korea to allow in-city tax refunds for cruise tourists starting April 6 SEOUL, April 03 (AJP) - Cruise tourists visiting South Korea will be eligible for in-city tax refunds starting April 6, allowing them to reclaim value-added tax (VAT) and other domestic taxes on purchases made at downtown duty-free shops, the Korea Customs Service said Friday. Under South Korea’s tax refund program, foreign visitors can receive refunds on VAT and individual consumption tax included in purchases made at designated duty-free stores when goods are confirmed for e April 3, 2026
• 
  Korea, France summits to work on normalizing Hormuz SEOUL, April 03 (AJP) -South Korean President Lee Jae Myung and French President Emmanuel Macron agreed Friday to strengthen cooperation in securing maritime shipping lanes in the Strait of Hormuz, as disruptions from the Middle East war continue to threaten global energy supply. Speaking at a joint press statement following their summit at Cheong Wa Dae, Lee said the two leaders aligned on a coordinated response to the economic and energy fallout from the conflict. &ldquo April 3, 2026
• 
  Seoul waives duties on freight surge to curb inflation spillover SEOUL, April 3 (AJP) — South Korea will waive customs duties on extraordinary freight cost increases for imports from the Middle East, as the crippling of the Strait of Hormuz threatens to spill into domestic prices and broader inflation. The emergency measure, announced Friday by the Ministry of Economy and Finance, allows companies to exclude surging shipping costs incurred from longer alternative routes when calculating import duties. The move comes as tanker freight r April 3, 2026
• 
  HD Korea Shipbuilding issues $1.57 bn in exchangeable bonds, sparking valuation re-rating hopes SEOUL, April 03 (AJP) - HD Korea Shipbuilding & Offshore Engineering has launched a 2.37 trillion won ($1.57 billion) exchangeable bond issuance targeting shares of its flagship subsidiary HD Hyundai Heavy Industries, a move analysts say could dismantle the holding company discount that has long weighed on its stock. The company disclosed the EB issuance on March 31, later revising the total from an initially announced 3.03 trillion won. The bonds are exchangeable into a 4.3 per April 3, 2026
• 
  Asian stocks rebound as Hormuz passage hopes ease war fears SEOUL, April 3 (AJP) — Asian markets continued to seesaw with each development in the Iran war, but moved higher in early Friday trading on rising hopes for the reopening of the Strait of Hormuz. Japan’s Nikkei 225 rose 1.08 percent to 53,029.41, while China’s Shanghai Composite Index edged up 0.21 percent to 3,927.59. Hong Kong’s Hang Seng Index was closed from Friday through April 6 for the Easter holiday. In Seoul, the benchmark KOSPI rebounded at the April 3, 2026
• 
  BTS to drop 'Come Over' on 'Arirang' deluxe vinyl SEOUL, April 03 (AJP) - BTS will release a new single, "Come Over," as part of a deluxe vinyl edition of its fifth studio album "Arirang," its agency BigHit Music said Friday. The deluxe LP will include all 14 tracks from the original album along with the new song, bringing the total to 15. The track will be available exclusively on the deluxe vinyl edition. Suga participated in producing the track, while RM and J-Hope are credited as songwriters. According April 3, 2026
• 
  Korea and France hold summit to elevate ties to strategic partnership SEOUL, April 03 (AJP) -South Korea and France are elevating bilateral ties to a “global strategic partnership” during French President Emmanuel Macron’s two-day state visit — his first to Korea since taking office in 2017 and the first by a French president in 11 years — which began Friday amid mounting geopolitical tensions. Macron arrived in Seoul on Thursday for a two-day visit following a trip to Japan, in what French officials described as an eff April 3, 2026
• 
  INTERVIEW: How Jay Songzio shaped BTS's return in armor and restraint SEOUL, April 3 (AJP) — More than 18 million viewers tuned in live. Add to that over 30 million registered fans worldwide, and the scale of the moment becomes clear. When the lights rose on March 21 over all seven members of BTS — together on one stage for the first time in nearly four years — it was less a comeback than a global event. The afterglow has yet to fade. The album ARIRANG has climbed the Billboard charts, and its music videos continue to ripple across April 3, 2026
• 
  KAIST's student team qualifies for global Mars rover finals in Utah SEOUL, April 03 (AJP) - A team of undergraduate students from the Korea Advanced Institute of Science and Technology (in South Korea has reached the final stage of the world's largest Mars rover competition. This is the first time a team from the university has qualified for the final round of the international event that is designed to spotlight rovers capable of carrying out missions in environments that are similar to Mars. The Korea Advanced Institute of Science and Techno April 3, 2026
• 
  Nexon opens 'Maple Island' permanent theme zone at Lotte World Adventure SEOUL, April 03 (AJP) - South Korean gaming giant Nexon has officially opened "Maple Island," a permanent story-themed attraction at Lotte World Adventure in Seoul's Jamsil district, bringing the beloved "MapleStory" franchise off the screen and into the real world. The roughly 2,000-square-metre zone, built within the outdoor section of the park, immerses visitors in the iconic landscapes of the MapleStory universe — including fan-favourite regions Hen April 3, 2026