Latest news
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BLACKPINK to unveil new song at upcoming concert in Goyang
SEOUL, June 24 (AJP) - K-pop girl group BLACKPINK will perform their new song for the first time during their upcoming concert at Goyang, north of Seoul, during the four-member band's two-day concert schedule in early July, YG Entertainment said Monday. "There were many discussions on how to showcase the new song," YG said in a statement. "We decided to unveil it at the concert in Goyang as it marks the beginning of their world tour." Starting in Goyang
June 24, 2025 -
US expands tariffs on steel-based appliances, raising stakes for Korean firms
SEOUL, June 24 (AJP) - The Trump administration has expanded tariffs on steel-derived goods to include a wide range of major home appliances, a move expected to heighten costs for foreign manufacturers and potentially ripple through U.S. retail prices. The new measures, announced by the Commerce Department this month and taking effect Monday, target appliances such as refrigerators, freezers, dishwashers, washing machines, cooking stoves and garbage disposals. The tariffs will
June 24, 2025 -
Visa hurdles threaten operations at Korean battery plants in US
SEOUL, June 24 (AJP) - South Korea’s major battery makers are facing mounting obstacles in operating their U.S.-based plants, as tightening American entry regulations delay the dispatch of skilled workers. LG Energy Solution, Samsung SDI and SK On have all experienced repeated denials or prolonged delays in sending technicians to their American factories, according to industry sources. The difficulties stem from what companies describe as a de facto policy shift: U.S. aut
June 24, 2025 -
Lee calls for emergency readiness amid escalating Middle East tensions
SEOUL, June 23 (AJP) - President Lee Jae-myung on Monday called on all ministries to maintain emergency readiness amid the escalating conflict in the Middle East after U.S. airstrikes on Iran's nuclear sites over the weekend. During his first meeting with senior aides at the presidential office in Yongsan since taking office earlier this month, Lee Jae-myung urged them to do their "utmost to ensure the safety of South Korean nationals" in the region. His remarks cam
June 23, 2025 -
HD Hyundai partners with US firm to construct commercial vessels in US
SEOUL, June 23 (AJP) - HD Hyundai has signed a strategic partnership with American marine services company Edison Chouest Offshore to jointly construct commercial vessels in the United States, HD Hyundai said Monday. The agreement, signed in New Orleans, Louisiana, marks HD Hyundai’s latest move to expand its footprint in the U.S. shipbuilding market. Under the deal, the two companies plan to begin building medium-sized liquefied natural gas dual-fuel container ships at Edison
June 23, 2025 -
Lee taps dozen nominees for ministerial posts
SEOUL, June 23 (AJP) - President Lee Jae-myung on Monday named a dozen new ministers to fill posts in his Cabinet. At a press briefing, presidential chief of staff Kang Hoon-sik said the nominees were selected "based on their expertise and experience" in line with Lee's pragmatic approach that emphasizes skills and performance. Among the picks included Ahn Gyu-baek, a five-term lawmaker from the ruling Democratic Party (DP), who was nominated as defense minister. On
June 23, 2025 -
Lee's first bilateral summit with Washington unlikely anytime soon as he skips NATO trip
SEOUL, June 23 (AJP) - As President Lee Jae-myung opted to skip the NATO summit scheduled for early this week in the Hague, Netherlands, attention now shifts to when he will hold his first bilateral meeting with U.S. President Donald Trump. Initially, it was expected that the two leaders would hold their first meeting either on the sidelines of last week's Group of Seven (G7) summit in Canada or this week's NATO summit. "Lee had considered attending the NATO summit,
June 23, 2025 -
Hanwha Systems to cooperate with Northrop Grumman on air, missile defense system
SEOUL, June 23 (AJP) - South Korean defense company Hanwha Systems has signed a memorandum of understanding with Northrop Grumman of the United States to jointly develop technologies for Integrated Air and Missile Defense (IAMD) systems, Hanwha said Monday. The agreement aims to combine Northrop Grumman’s globally deployed Integrated Battle Command System (IBCS) with Hanwha’s expertise in command-and-control systems. The two firms plan to cooperate on both domestic and
June 23, 2025 -
ATEEZ's latest album debuts at No. 2 on Billboard 200
SEOUL, June 23 (AJP) - K-pop boy band ATEEZ's latest album debuted at No. 2 on the Billboard 200 for the week ending this Saturday. According to Billboard on Sunday, the octet notched "their seventh top 10" entry on the U.S. main albums chart with "Golden Hour: Part 3," the third in the series, about a week after its release on June 13. With 105,000 copies sold in the U.S., the album ranked just behind American country singer Morgan Wallen's "I
June 23, 2025 -
Mideast tensions jolt financial markets
SEOUL, June 23 (AJP) - South Korea’s main stock index dropped below the 3,000-point threshold on Monday as rising geopolitical tensions in the Middle East unsettled global financial markets and triggered a sharp sell-off by foreign investors. The benchmark KOSPI fell 30.71 points, or 1.02 percent, to 2,991.13 as of 10:31 a.m. in Seoul, slipping back below the key psychological level it had reclaimed on June 20 for the first time in more than three years. The decline came in
June 23, 2025
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Korean biotech firm DewCell partners with Thermo Fisher on artificial platelet project
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PHOTOS: Beauty of Mount Kumgang in North Korea
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'Squid Game' finale maintains top spot among TV shows on Netflix
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Creator of 'Squid Game' responds to American spinoff rumors
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Korean convenience store chains accelerate global push with growth stalling at home
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US faces greatest economic risk in global trade war: BOK
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Early heat wave brings record temperatures across country
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K-pop band BTS to release live album as full group reunites after military service
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US pharma industry urges trade pressure on South Korea over drug pricing
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HYBE, Kakao bet on India's media, entertainment markets