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  From "mind the gap" to driver's seat, hands-on experience SEOUL, March 26 (AJP) -From “mind the gap” practice to a glimpse inside the driver’s cabin, elementary students stepped into the world of urban rail operations during a hands-on safety program in Incheon. Students from Gyulhyeon Elementary School explored an electric train during a safety experience program at the Gyulhyeon Depot in Gyeyang-gu, Incheon, on March 25. Hosted by Incheon Transit Corporation, the program gave 23 students hands-on exposure to urban March 26, 2026
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  Rising subprime borrowers face delinquency risk amid fast rate rises in Korea SEOUL, March 26 (AJP) - A growing pool of overleveraged, subprime borrowers is emerging as a key financial risk in South Korea, with war-driven surge in market and dollar rates amplifying repayment stress. Data released Thursday by the Bank of Korea (BOK) showed the share of “subprime borrowers” — defined by the BOK as individuals with loans from three or more financial institutions, belonging to the bottom 30 percent income bracket and holding low credit rating March 26, 2026
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  Samsung targets rebounding marriage boom to drive AI home appliance sales SEOUL, March 26 (AJP) - Samsung Electronics is betting on a revival in South Korea’s marriage market to accelerate adoption of artificial intelligence-powered home appliances, positioning its latest all-in-one washer-dryer as a centerpiece for newlyweds building automated homes. At a media briefing in Gangnam on Thursday, the company unveiled the 2026 Bespoke AI Combo, integrating upgraded hardware with generative AI features as part of its push to dominate the premium &l March 26, 2026
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  KOSPI slips on chip concerns as hopes for Middle East ceasefire lift Asian markets SEOUL, March 26 (AJP) - Asian markets mostly opened higher on Thursday amid growing hopes for a possible ceasefire in the Middle East. In contrast, South Korean stocks fell as semiconductor shares dropped over concerns that Google's "TurboQuant" could reduce demand for memory chips. Earlier investor sentiment improved as signs of possible talks between the U.S. and Iran lifted Wall Street overnight. The Dow Jones Industrial Average rose 0.66 percent to 46,429.49, the S March 26, 2026
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  Hyundai's US, Europe plants run full while Southeast Asia lags SEOUL, March 26 (AJP) - Hyundai Motor Group is facing widening disparities across its global production network, with plants in the United States and Europe operating at or above full capacity while Southeast Asian facilities remain underutilized. The divergence comes as the automaker accelerates localization strategies amid rising global protectionism, but weak demand and intensifying competition have weighed on its Southeast Asian operations. According to Hyundai Motor Group on March 26, 2026
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  Trump's Beijing trip rescheduled for mid-May amid prolonged Middle East conflict SEOUL, March 26 (AJP) - U.S. President Donald Trump will meet Chinese President Xi Jinping in Beijing in mid-May, the White House said on Wednesday, after their summit was postponed due to the prolonged conflict in the Middle East. Announcing a newly-arranged date for the summit originally scheduled for next week, White House press secretary Karoline Leavitt said, "I'm pleased to announce that in China will now take place in Beij March 26, 2026
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  Most top officials got richer last year SEOUL, March 26 (AJP) - Most high-ranking government officials and lawmakers saw their wealth increase last year, mainly due to a rise in the value of their real estate and stocks, according to figures released by the Government Ethics Committee on Thursday. Some 1,903 public servants including central and provincial officials required to declare their wealth, reported average personal assets of 2.09 billion Korean won (US$1.3 million) as of the end of last year, up about 148 millio March 26, 2026
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  Korean manufacturers turn sharply pessimistic in steepest BSI drop since Covid SEOUL, March 26 (AJP) -South Korean manufacturers turned abruptly pessimistic, with sentiment posting its sharpest drop since the Covid-19 shock in early 2020 as the Middle East crisis spilled into the real economy a month after U.S.-Israeli strikes on Iran. The country's largest business association, Federation of Korean Industries (FKI), said Thursday its Business Survey Index (BSI) outlook for April stood at 85.1, based on a survey of the country’s 600 largest compan March 26, 2026
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  OPINION: A third oil shock — and why Korea must not return to price controls SEOUL, March 26 (AJP) -The latest U.S.-Iran war is no longer just another geopolitical flare-up. It is rapidly taking on the contours of a systemic shock — one that is already pushing oil prices higher and exposing vulnerabilities across the global economy. President Donald Trump, who once unsettled markets with tariff threats, is now presiding over a far more destabilizing development. Damage to key oil facilities in the Middle East and disruptions in the Strait of Hormuz h March 26, 2026
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  Changdeokgung Palace opens doors and windows to usher in spring SEOUL, March 25 (AJP) - A two-week-long event to soak in the atmosphere of spring is underway at Changdeokgung Palace in central Seoul, welcoming visitors who want to enjoy the historic royal palace with flowers in bloom. According to the Korea Heritage Service, the event, under the banner of "Letting in Light and Breeze at Changdeokgung," which kicked off last Tuesday, runs until April 5 and opens "changho" or the traditional windows and doors of palace building March 25, 2026