Latest
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OPINION: Bringing markets and capital together -- The Uzbekistan–Türkiye Economic Union
SEOUL, January 29 (AJP) - Over the past eight years, relations between Uzbekistan and Türkiye have undergone a profound qualitative transformation, evolving from traditionally friendly ties into a full-fledged strategic partnership with a strong economic, investment, and industrial dimension. While the period prio
January 29, 2026
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Hyundai Motor bears nearly 40% hit in Q4 income and 20% for 2025 on US tariffs
SEOUL, January 29 (AJP) -South Korea's largest automaker Hyundai Motor suffered nearly a 40 percent drop in operating profit in the quarter ended December and about 20 percent for full-year 2025 due to higher tariffs under Donald Trump presidency in its largest export market despite record sales. According to its earnings release on Thursday, consolidated operating profit reached 1.7 trillion won ($1.2 billion), down 33.2 percent from the previous quarter and 40 percent from a
January 29, 2026
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Saudi Air Force commander visits KAI to discuss aerospace, defense cooperation
SEOUL, January 29 (AJP) - Korea Aerospace Industries (KAI) said on Thursday that Turki bin Bandar bin Abdulaziz Al Saud, commander of the Royal Saudi Air Force, and his delegation visited the company’s headquarters on Wednesday to discuss potential cooperation in aerospace and defense. KAI said the visit was part of strategic cooperation between the two countries’ air forces and aimed at exploring collaboration to modernize Saudi Arabia’s air power and strength
January 29, 2026
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HD Hyundai chairman attends meeting hosted by India's Prime Minister Modi
SEOUL, January 29 (AJP) - HD Hyundai Chairman Chung Ki-sun met with Indian Prime Minister Narendra Modi to discuss ways to expand cooperation in shipbuilding, the South Korean conglomerate said on Thursday. Chung and Kim Hyeong-gwan, chief executive of HD Korea Shipbuilding & Offshore Engineering, attended a roundtable at Modi’s residence in New Delhi on Tuesday at the Indian leader’s invitation, HD Hyundai said. The roundtable, held as part of India Energy We
January 29, 2026
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South Korea unveils quantum roadmap, aims to become top 4 powers by 2035
SEOUL, January 29 (AJP) - South Korea has designated quantum technology as a next-generation national strategic sector and unveiled a broad roadmap to develop technology, infrastructure and talent in parallel. The country aims to become one of the world’s four leading quantum powers by 2035, leveraging strengths in semiconductors and information and communications technology (ICT) infrastructure. The Ministry of Science and ICT announced the country’s first compre
January 29, 2026
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Editorial: "Arirang" and the next stage of K-culture
BTS’s decision to name its new album and world tour Arirang should not be dismissed as a stylistic flourish or a marketing device. When the world’s most influential pop group foregrounds Korea’s most enduring traditional narrative, it signals not only how far K-culture has traveled, but where it may be heading next. Arirang is not a genre of music. It is a cultural language—one shaped by movement and separation, solidarity and recovery, repeated across gene
January 29, 2026
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Asian equities swing flat in post-FOMC early trade; KOSDAQ unfazed
SEOUL, January 29 (AJP) - Asian equities traded unevenly in early Thursday sessions following the Federal Open Market Committee (FOMC) decision, with key indices swinging between gains and losses as investors struggled to digest a flood of corporate earnings alongside a renewed rebound in the U.S. dollar. The previous rally in South Korea and Taiwan gave way to choppy, directionless trading, while mainland China and Japan remained clouded by uncertainty, making it difficult for in
January 29, 2026
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Turkish textile heritage exhibition opens at the Council of Europe
SEOUL, January 29 (AJP) - The exhibition titled Fabrics Atlas of Türkiye, The Memory of Fabric officially opened yesterday at the Council of Europe in Strasbourg, France. Hosted by the Turkish Delegation to the Parliamentary Assembly of the Council of Europe (PACE), the event is scheduled to run through January 30 to coincide with the assembly’s winter session. The exhibition is designed to introduce the international community to the long-standing weaving traditions of
January 29, 2026
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South Korea ranks fifth in military power — but the list tells only half the story
SEOUL, January 29 (AJP) - South Korea, as U.S. President Donald Trump often puts it, is fully capable in conventional warfare — and its global ranking largely backs that claim. Strip away nuclear weapons, and North Korea is no match. According to the 2026 Military Strength Ranking released by U.S.-based Global Firepower (GFP), South Korea placed fifth out of 145 countries, behind only the U.S., Russia, China and India. North Korea ranked 31st. GFP aggregates more than 60 in
January 29, 2026
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S. Korean actress Bae Doona appointed to Berlin International Film Festival competition jury
SEOUL, January 29 (AJP) - South Korean actress Bae Doona has been appointed as a member of the international jury for the 76th Berlin International Film Festival. The festival organizers announced on Wednesday that Bae will join a panel of six other cinema professionals to determine the winners of the Golden and Silver Bears in the main competition category. The jury is led by German director Wim Wenders, who was previously named jury president. Bae will serve alongside a diverse
January 29, 2026