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  Korean stocks and won roar back on Gulf endgame hopes SEOUL, April 01 (AJP) - The first buy-side sidecar in 10 trading sessions was triggered on the Seoul bourse at the open Wednesday, as the market surged nearly 5 percent with institutions returning in force on expectations the war may be winding down following overnight comments by U.S. President Donald Trump. The benchmark KOSPI rose 4.9 percent to reclaim the 5,300 mark, while the KOSDAQ gained 4.6 percent to move above 1,100. The U.S. dollar also fell back below the 1,510 April 1, 2026
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  April squeeze forces K-pop acts to fight to spotlight  SEOUL, April 01 (AJP) - April may prove a cruel month for some K-pop acts, as a crowded comeback calendar squeezes much of the first half’s release schedule into a single month. At least 27 acts are set to return in April, ranging from major-label groups and established stars to rookies and soloists. What was supposed to be a strategy to avoid head-on clashes with mega events — including BTS’s return and major political and sporting fixtures — has instead p April 1, 2026
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  Seoul signals use of rarely-used emergency order to fast-track "war" budget SEOUL, March 31 (AJP) -South Korea is pushing ahead with an aggressive fiscal response to cushion the economic shock from the Middle East war, unveiling a 26.2 trillion won ($19.4 billion) supplementary budget aimed at stabilizing energy prices, supporting households and shielding key industries — despite the risk of stoking inflationary pressure with the won hovering at 2009 crisis-era lows. The emergency package, approved at a Cabinet meeting chaired by President Lee Jae M March 31, 2026
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  Tree-planting events begin nationwide ahead of Arbor Day Gyeonggi, March 31 (AJP) - A tree-planting event took place at a park in Suwon, Gyeonggi Province on Tuesday, about a week ahead of Arbor Day. The spring day, which falls on April 5 and marks the 81st anniversary this year, has been observed since 1946 to raise awareness of the importance of trees and forest resources, encouraging tree planting to restore devastated forests and create a more pleasant living environment. Although Arbor Day is no longer observed as a public holid March 31, 2026
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  Asian stocks slump on war fears, chip rout hits KOSPI SEOUL, March 31 (AJP) - Asian stocks overall traded lower on Tuesday, with South Korea’s benchmark KOSPI extending losses for a fourth straight session amid uncertainty surrounding the Iran crisis and weakness in global semiconductor shares. Japan’s Nikkei 225 fell 1.58 percent to 51,063.72, Hong Kong's Hang Seng Index edged down 0.16 percent to 24,712.24, China’s Shanghai Composite Index fell 0.80 percent to 3,891.86, and Taiwan’s TAIEX Index fell 2.45 March 31, 2026
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  Tracing humanity in the age of AI; MMCA's Deep Time SEOUL, March 31 (AJP) - In an age where artificial intelligence processes information at lightning speed, what makes humans uniquely human? At the National Museum of Modern and Contemporary Art, the answer unfolds not through data, but through the patient gaze of a detective — observing, tracking and interpreting over time. The museum on March 31 unveiled its 2026 performing arts program, Deep Time, a yearlong exploration of how humans perceive, question and endure in an e March 31, 2026
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  Why yacht tour is best way to enjoy Busan's iconic Gwangan Bridge BUSAN, March 31 (AJP) -A yacht tour would be the best way to soak in the beauty of Gwangan Bridge, one of the must-see landmarks in the southern port city of Busan. Several tour programs are available at Haeundae Beach, the city's most famous beach, known for its long sandy shoreline and seaside attractions. Depending on the type of yacht, routes may vary, but some tours take you right under Gwangan Bridge, offering breathtaking views of Busan's co March 31, 2026
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  Iran's Hormuz toll push risks turning global chokepoint into a priced corridor SEOUL, March 31 (AJP) - Iran is moving to monetize control of the Strait of Hormuz, threatening to impose transit fees on one of the world’s most critical energy arteries — a step that could recast the waterway from a global commons into a contested, pay-to-pass corridor. The proposal, approved by Iran’s parliament, comes as Tehran tightens its grip on the chokepoint, through which roughly 20 percent of global oil supply normally flows. Since the outbreak of confl March 31, 2026
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  Korea burned $22.5 bln defending won Q4, USD-KRW nears 1,530 SEOUL, March 31 (AJP) -South Korea spent a staggering $22.5 billion in the final quarter of 2025 to stabilize the won, as the currency hovered near crisis-era lows amid intensifying capital outflows and dollar demand, central bank data showed. Net dollar sales for “market stability” surged to $22.47 billion in the fourth quarter, the Bank of Korea said in its disclosure of its intervention balance sheet — a sharp escalation from $1.75 billion in the third quarter, March 31, 2026
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  Asiana Airlines to cut int'l flights amid soaring oil prices SEOUL, March 31 (AJP) - Asiana Airlines will cut about a dozen flights on four international routes this spring amid rising oil prices caused by the prolonged conflict in the Middle East. The flagship carrier said on Tuesday it canceled seven flights from Incheon to Changchun, China; three flights to Harbin; and two flights each to Phnom Penh, Cambodia, and Yanji, China for the months of April and May, as jet fuel prices surged sharply. "We will minimize inconvenience for March 31, 2026