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  NCT WISH to release first studio album 'Ode to Love' on April 20 SEOUL, April 02 (AJP) -K-pop boy band "NCT WISH" will release its first studio album "Ode to Love" on April 20, marking a key milestone for the rookie act as it continues to build its presence in the global market, its agency SM Entertainment said Thursday. NCT WISH, a six-member boy group consisting of Sion, Riku, Yushi, Jaehee, Ryo and Sakuya, debuted in 2023 under SM Entertainment. The group has been recognized for its refreshing, youth-driven concept and pe April 2, 2026
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  Peru honors Samuel Chung for contributions to Korea–Peru ties SEOUL, April 02 (AJP) - The Peruvian government has awarded Samuel Chung, president of the Korea Culture Association, the Order of Merit at the Comendador level in recognition of his contributions to strengthening ties between South Korea and Peru. The decoration was presented Wednesday by Peruvian Ambassador to Korea H.E. Paul Duclos at his residence in Seoul, on behalf of the president of Peru. The award coincided with the inaugural “Korea–Peru Friendship Day,&rdqu April 2, 2026
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  ANALYSIS: Korea inflation enters war-driven upcycle SEOUL, April 02 (AJP) - South Korea’s inflation is beginning to turn upward, but March’s data likely understates the scale of price pressure building beneath the surface as the Middle East war feeds through oil, exchange rates and expectations. Consumer prices rose 2.2 percent in March from a year earlier, accelerating from 2.0 percent in the previous two months, according to data released Thursday. On the surface, the increase appears modest — still within the B April 2, 2026
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  South Korea seeks emergency funds as war in Middle East threatens economy SEOUL, April 02 (AJP) - South Korea's President Lee Jae Myung called for the immediate passage of a massive supplementary budget on Thursday, characterizing the current economic climate as a wartime state. Addressing the National Assembly, the president argued that the 34-day conflict in the Middle East necessitated a total mobilization of government resources. During his speech at the National Assembly, Lee called for a 26.2 trillion-won ($17.2 billion) supplementary budget, April 2, 2026
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  President Lee Jae Myung readies transit relief as Iranian conflict squeezes oil lanes SEOUL, April 02 (AJP) - In a bid to draft immediate measures to ease public transport crowding, South Korean President Lee Jae Myung has directed the Ministry of Land, Infrastructure and Transport on Thursday. The order follows an elevation of the national resource security alert to its second-highest level. Officials have already implemented a mandatory two-day vehicle rotation for public offices, which is expected to push a surge of commuters onto the transit grid. The war in Ir April 2, 2026
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  Korean Air accelerates AI-powered drone development with 2028 deployment target SEOUL, April 02 (AJP) - Korean Air is stepping up its push into unmanned aerial systems, advancing development of an artificial intelligence-powered high-speed target drone while investing $130 million in a new manufacturing facility in Busan to expand production capacity. The company said it recently completed a System Requirements Review (SRR) for its domestically developed high-speed target drone project at the Daejeon Convention Center, attended by officials from the Defense Acq April 2, 2026
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  Hyundai Motor bets on EV re-pivot after Gulf crisis SEOUL, April 02 (AJP) -South Korea's Hyundai Motor Group is stepping harder on the pedal in battery development and factory upgrades, after a period of stalled investment amid weak demand, as it bets on a structural shift toward non-fuel vehicles triggered by the global energy crisis. Its affiliate Kia said Wednesday that domestic sales of eco-friendly vehicles — including hybrids, electric vehicles and hydrogen-powered cars — jumped 51.9 percent on-year in March to April 2, 2026
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  Korea leads broad Asian fall on disappointment at Trump address SEOUL, April 02 (AJP) - Asian stocks fell Thursday, led by energy-dependent South Korea, as U.S. President Donald Trump’s much-hyped address failed to deliver clarity on reopening the Strait of Hormuz, leaving markets with more uncertainty than relief. Trump, speaking in a nationally televised address at 10 a.m. Korea time, said the conflict could continue for “two to three more weeks,” while offering no clear commitment to restoring access to the key shipping ro April 2, 2026
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  South Korea warns Bali travelers as gruesome violence rattles island SEOUL, April 02 (AJP) - The South Korean embassy in Jakarta has shattered standard diplomatic norms by issuing an unusually blunt safety warning that details a series of horrific crimes targeting foreign nationals in Bali. The notice, released on Wednesday, bypasses the vague language typically found in consular advisories to itemize specific accounts of kidnapping, dismemberment, and sexual assault. This move signals that Seoul now views the security environment in Indonesia's m April 2, 2026
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  Krafton launches 'Raon' AI brand, releases four open-source models SEOUL, April 02 (AJP) - South Korean game developer Krafton unveiled a new artificial intelligence model brand called "Raon", releasing four open-source models on global AI platform Hugging Face as the company moves to establish itself as a serious AI contender beyond gaming. The four models — Raon-Speech, Raon-SpeechChat, Raon-OpenTTS and Raon-VisionEncoder — span speech, voice and visual processing, reflecting Krafton's push into multimodal AI. The brand April 2, 2026