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South Korean drug kingpin extradited from Philippines to face probe in Seoul
SEOUL, March 25 (AJP) - A South Korean detained in the Philippines was extradited to South Korea on Wednesday to face an investigation into alleged drug trafficking. In a written press briefing, presidential spokesperson Kang Yu-jung said Park Wang-yeol, a notorious drug kingpin known by his alias "Jeonsegye" in Korean, which literally means "worldwide," was extradited from the Philippines early Wednesday morning after nearly a decade of efforts to bring him
March 25, 2026
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CJ CheilJedang builds food industry's first automated frozen kimbap line to chase global demand
SEOUL, March 25 (AJP) - CJ CheilJedang has constructed the food industry's first automated frozen gimbap production facility at its CJ Blossom Campus in Jincheon, North Chungcheong Province, as the South Korean food giant moves to scale up its global kimbap business. The fully automated line handles every stage of production — from filling and rolling to cutting and tray packaging — and took about 18 months to develop, according to CJ on Wednesday. The company said t
March 25, 2026
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BTS live return takes world by storm, album tests "creative mettle"
SEOUL, March 25 (AJP) - The livestreamed BTS open-air stage performed before more than 100,000 people in Gwanghwamun for a comeback after a four-year hiatus drew 18.4 million viewers, according to Netflix, marking one of the largest synchronized global concert events to date as the group returned with its first studio album in six years Arirang,” described by The New York Times as “a raucous test of its creative mettle amid rapidly changing genre norms." The perfo
March 25, 2026
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SK hynix files for US IPO listing
SEOUL, March 25 (AJP) - SK hynix has begun taking steps for a U.S. stock-market listing, the chipmaker said on Wednesday. It filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) the previous day, seeking a listing on a U.S. stock market via American Depositary Receipts (ADRs). ADRs allow non-U.S. companies to trade their shares on U.S. stock exchanges through depositary banks rather than by listing shares directly, making it easier f
March 25, 2026
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Asian stocks rise on Trump remarks on Iran despite lingering volatility
SEOUL, March 24 (AJP) - South Korea's KOSPI closed up more than 2 percent on Tuesday, tracking gains across Asian and U.S. markets as investors reacted to U.S. President Donald Trump's remarks delaying potential military action against Iran, despite swirling intraday volatility. The benchmark index rose 148.17 points or 2.74 percent to close at 5,553.92 points. It opened more than 4 percent higher, rose to an intraday high of 5,643, fell to 5,395.2, and later recovered to cl
March 24, 2026
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Folk Museum anchors Gwanghwamun beyond BTS spotlight
SEOUL, March 24 (AJP) - Gwanghwamun, the historic gateway to Gyeongbokgung Palace, briefly became the center of the world last Saturday as BTS turned it into a global livestream stage. But just steps away, another kind of crowd continues to gather — one drawn not by spectacle, but by story. On ordinary days, that stop is the National Folk Museum of Korea. Museums have been enjoying a surge in popularity, fueled in part by last year’s “K-pop Demon Hunters”
March 24, 2026
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Little-known Korean tanker bet pays off as Hormuz crisis turns VLCCs into liquid gold
SEOUL, March 24 (AJP) - A little-known South Korean shipowner has emerged as one of the biggest winners of the Persian Gulf crisis, as a wartime chokehold on the Strait of Hormuz transforms oil tankers into highly profitable floating storage — and draws takeover interest from the world’s largest container carrier. Janggeum Maritime, the tanker arm of Sinokor Merchant Marine Group, has struck an investment deal with Geneva-based Mediterranean Shipping Company (MSC), under
March 24, 2026
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Public servants required to alternate vehicle use
SEOUL, March 24 (AJP) - Civil servants nationwide are required to alternate the use of their vehicles depending on the last digit of their license plates as part of measures to cope with energy shortages amid supply disruptions caused by the ongoing conflict in the Middle East. At a cabinet meeting with key aides at Cheong Wa Dae on Tuesday, President Lee Jae Myung said, "Public institutions should lead by example, and I ask civil servants to join an energy-saving campaign
March 24, 2026
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Baeksang Arts Awards set for May 8, adds musical category
SEOUL, March 24 (AJP) - Baeksang Arts Awards, South Korea's premier honors for television, film, and theater, will expand its awarding categories by adding a musical category starting this year's event in May, the organizers of the annual event said Tuesday. The Baeksang ceremony's decision to adopt the musical category into its selection of awards divisions reflects the increasing popularity of stage performances in South Korea. According to the Korea Arts Manageme
March 24, 2026
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South Koreans told to join energy-saving campaign
SEOUL, March 24 (AJP)-Leaving cars behind once a week and tightening garbage supply are emerging as everyday inconveniences for South Koreans, as prolonged Gulf tensions begin to disrupt factories. The government on Tuesday rolled out nationwide energy-saving measures, urging both public and private sectors to cut consumption as supply uncertainties deepen. A voluntary five-day vehicle rotation system was introduced for private cars, alongside 12 practical gui
March 24, 2026