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  South Korea may impose mandatory civilian car rationing if oil hits $120-$130 a barrel SEOUL, March 29 (AJP) - South Korea's finance chief said the government could impose mandatory vehicle rationing on civilians if international oil prices climb to $120-$130 per barrel, signaling a potential escalation in the country's crisis response to the Middle East conflict's economic fallout. Deputy Prime Minister and Minister of Finance and Economy Koo Yun-cheol said Sunday the government would elevate its energy crisis alert to Stage 3 if prices breach that thresh March 29, 2026
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  Pentagon prepares for weeks of ground operations inside Iran, reports say SEOUL, March 29 (AJP) - The Pentagon is preparing for weeks of ground operations inside Iran that could thrust the month-old war into a perilous new phase, the Washington Post reported on Sunday, citing U.S. officials familiar with the planning. The operations would fall well short of a full-scale invasion but could involve a mix of special operations forces and conventional infantry carrying out raids on Iranian soil, the officials said on condition of anonymity. Discussions wit March 29, 2026
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  OPINION: The essence of the Iran war — beyond the wounds of religion and ethnicity, toward an order of coexistence SEOUL, March 29 (AJP) - When examining the war in the Middle East, the first instinct to resist is oversimplification. The ongoing Iran conflict may appear on the surface as a clash between Israel and Iran, but in reality it is a multi-layered war entangling U.S. military and diplomatic intervention, the strategic interests of Gulf states, the involvement of pro-Iranian proxies such as the Houthis and Hezbollah, and the mounting pressure surrounding the Strait of Hormuz and the global March 29, 2026
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  North Korea unveils upgraded solid-fuel ICBM engine, signaling push toward multiple-warhead capability SEOUL, March 29 (AJP) - North Korea disclosed a ground test of a new carbon-fiber solid-fuel engine designed for an intercontinental ballistic missile, showcasing a 26 percent leap in thrust as Pyongyang seeks to sharpen its nuclear deterrent amid widening U.S. military operations in the Middle East. The engine revealed Sunday generated a maximum thrust of 2,500 kilonewtons (kN), up from 1,971 kN recorded in a September 2024 test, the Korean Central News Agency reported. The upgrade March 29, 2026
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  Kim Jong-un reaffirms closer ties with Beijing in message to Xi SEOUL, March 28 (AJP) - North Korean leader Kim Jong-un sent a message to Chinese President Xi Jinping reaffirming Pyongyang’s commitment to strengthening bilateral ties, state media reported Saturday. According to the Korean Central News Agency (KCNA), Kim sent a reply on Friday to Xi, who had congratulated him on his reappointment as chairman of North Korea’s State Affairs Commission. Kim expressed “deep thanks,” saying he felt the “invariable supp March 28, 2026
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  EDITORIAL: Tokenized securities are reshaping U.S. markets — Is Korea ready? SEOUL, March 28 (AJP) - The U.S. capital market is once again attempting to reshape the backbone of financial infrastructure. This time, the catalyst is not artificial intelligence, but tokenized securities — asset tokenization built on blockchain technology. The Financial Times recently observed that tokenized stocks may succeed precisely because investors hardly notice the transition. In an opinion piece titled “Tokenised stocks are coming, and ideally nobody will noti March 28, 2026
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  BTS sets Latin America tour across five cities in October SEOUL, March 28 (AJP) - BTS will embark on a Latin America leg of its world tour in October, performing across five cities, the group’s agency said Saturday. Big Hit Music released detailed schedules for the “Arirang” world tour in Latin America, with concerts set to begin in Bogotá on Oct. 2–3. The tour will then continue to Lima on Oct. 9–10, Santiago on Oct. 16–17, Buenos Aires on Oct. 23–24, and São Paulo on Oct. 28 and 30& March 28, 2026
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  Fuel prices near 1,900 won in Seoul as price cap raised SEOUL, March 28 (AJP) - Fuel prices at gas stations across South Korea continued to rise for a second consecutive day after the government raised oil price caps. According to Opinet, the state-run fuel price information system, the nationwide average price of gasoline stood at 1,849.7 won ($1.23) per liter as of 9 a.m. on Saturday, up 10.9 won from the previous day. Diesel prices also climbed 9.6 won to 1,844.1 won per liter, extending the upward trend in fuel costs. The increase March 28, 2026
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  S. Korea considering participation after France invites Lee to June G7 summit SEOUL, March 28 (AJP) - South Korea is considering whether President Lee Jae Myung will attend the Group of Seven (G7) summit in June hosted by France, the presidential office said Friday. A presidential official said Seoul is “considering participation while taking into account diplomatic schedules and domestic and international circumstances.” “France conveyed its intention to invite South Korea to this year’s G7 summit during close consultations between March 28, 2026
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  Trump hints at NATO split over Hormuz deployment, says 'Cuba could be next' SEOUL, March 28 (AJP) - U.S. President Donald Trump on Thursday suggested the possibility of withdrawing from NATO after criticizing member states for failing to send naval forces to the Strait of Hormuz, warning that future military action could target Cuba. Speaking at the Future Investment Initiative (FII) Institute hosted by Saudi Arabia’s sovereign wealth fund in Miami, Florida, Trump expressed frustration with NATO allies’ reluctance to respond to Washington’ March 28, 2026