Latest

  • Seouls triathlon festival lets participants go at their own pace
    Seoul's triathlon festival lets participants go at their own pace SEOUL, June 06 (AJP) - Seoul’s “My Pace Hangang Triathlon Festival” kicked off its third edition on June 5 at Ttukseom and Jamsil Han River Parks, running through June 7. The sports festival challenges participants to complete swimming, cycling and running courses at their own pace, with no rankings or time pressure. This year's edition expanded its offerings with the addition of a new intermediate course alongside the existing beginne June 6, 2026
  • Korea Maritime and Ocean University opens guesthouse for BTS concertgoers in Busan
    Korea Maritime and Ocean University opens guesthouse for BTS concertgoers in Busan SEOUL, June 06 (AJP) - Korea Maritime and Ocean University will open part of its campus guesthouse to visitors traveling to Busan for BTS’ upcoming concerts, joining the city’s campaign to provide fair and affordable accommodation during major events. The university said Saturday it will participate in Busan Metropolitan City’s “Fair Accommodation Challenge” ahead of BTS World Tour ‘Arirang’ in Busan, scheduled for June 12 and 13 at Busan As June 6, 2026
  • Kim Jong-un inspects sea trial of destroyer ahead of Xi visit
    Kim Jong-un inspects sea trial of destroyer ahead of Xi visit SEOUL, June 06 (AJP) - North Korean leader Kim Jong-un inspected a sea trial of the Kang Kon, a new 5,000-ton destroyer that was once damaged during a ceremony, and called for strengthening naval forces as part of the country’s nuclear war deterrent, state media reported Saturday. The Korean Central News Agency said Kim visited the destroyer on Thursday as it began operational tests and observed its navigation test. Photos released by North Korean state media showed Kim accomp June 6, 2026
  • Lee calls for honoring sacrifice, punishing betrayal in Memorial Day speech
    Lee calls for honoring sacrifice, punishing betrayal in Memorial Day speech SEOUL, June 06 (AJP) - President Lee Jae Myung said that South Korea must honor those who sacrificed for the nation while holding accountable those who betrayed it, speaking at the Memorial Day ceremony on Saturday. During the 71st Memorial Day ceremony at Seoul National Cemetery, Lee said the country has a responsibility not only to honor those who defended it, but also to punish those who betrayed the community for their own interests. “Only when dedication is honored and June 6, 2026
  • Seoul, Ottawa hold joint naval drills off Canadian coast
    Seoul, Ottawa hold joint naval drills off Canadian coast SEOUL, June 06 (AJP) - The South Korean and Canadian navies conducted joint maritime drills off Canada’s western coast from June 3 to 4, involving submarines, warships, and maritime aircraft from both countries, the South Korean Navy said Saturday. The exercises involved the South Korean Navy’s 3,000-ton Dosan Ahn Chang-ho submarine, the 3,100-ton frigate Daejeon and an AW-159 maritime helicopter. Canada deployed the 2,200-ton submarine Corner Brook, the 4,000-ton fri June 6, 2026
  • From PC cafés to pork belly: Inside Jensen Huangs unconventional Seoul summit
    From PC cafés to pork belly: Inside Jensen Huang's unconventional Seoul summit SEOUL, June 05 (AJP) - Neon lights, the rapid clatter of keyboards in a bustling Hongdae PC café, and the unmistakable sizzle of meat hitting a hot grill—these are hardly the traditional backdrops for high-stakes tech diplomacy. Yet, on the evening of June 5, NVIDIA CEO Jensen Huang traded the polished boardrooms of Silicon Valley for the vibrant, everyday rhythms of Seoul. Immersing himself first in South Korea's grassroots digital culture, Huang eventually made his June 5, 2026
  • Semiconductor selloff raises questions over AI rally
    Semiconductor selloff raises questions over AI rally SEOUL, June 5 (AJP) - A sharp selloff in semiconductor stocks is raising questions about the future of the artificial intelligence-driven rally, following HSBC's prediction on Thursday that the current chip boom is entering a broader phase, with gains spreading beyond chipmakers. While chipmakers such as Nvidia have dominated the AI rally so far, HSBC, one of the world's largest banking groups, said that the current AI cycle has produced an uneven pattern of growth, with AI- June 5, 2026
  • Won plummets past 1,540 as bonds extend losses
    Won plummets past 1,540 as bonds extend losses SEOUL, June 5 (AJP) - South Korea's financial markets remained unsettled on Friday as the won-dollar exchange rate closed at about 1,540 won, for the first time in nearly 17 years and bond yields extended their rise. Heavy foreign selling in local equities continued to weigh on the won and debt markets, while traders saw no clear signs of actual intervention by foreign exchange authorities. In the Seoul foreign exchange market, the exchange rate closed at 1,539.1, down 9.4 fr June 5, 2026
  • Seoul stands firm on building nuclear submarines domestically
    Seoul stands firm on building nuclear submarines domestically SEOUL, June 05 (AJP) - South Korea’s presidential office said Friday there has been no major change to plans to build nuclear-powered submarines domestically, as Seoul and Washington seek to make tangible progress in related talks by the end of the year. A senior presidential official told reporters that South Korea and the U.S. held productive discussions on nuclear-powered submarines, uranium enrichment and spent fuel reprocessing. “Representatives from various sect June 5, 2026
  • South Korea signs free trade deal with Serbia
    South Korea signs free trade deal with Serbia SEOUL, June 5 (AJP) - South Korea has signed a comprehensive economic partnership agreement (CEPA), a broader form of free-trade agreement, with Serbia, the Ministry of Trade, Industry and Resources said on Friday. The agreement, which comes after about two years of negotiations, was signed in Belgrade by South Korean Trade Minister Yeo Han-koo and his Serbian counterpart Jagoda Lazarević. The broader deal goes beyond tariff reductions to include economic and supply-chain coopera June 5, 2026