OPINION: The Case for a 'Noah Accord' in the Middle East Wars may begin with grand justifications, but they end in ruin, fatigue, and overwhelming economic bills. The escalating conflict in the Middle East is no exception. What started under the banner of security and deterrence is rapidly exposing the limits of military sustainability, threatening both regional stability and the broader global economy. The financial and material toll of this war of attrition is staggering. For Israel, the illusion of limitless defense i April 25, 2026

OPINION: What goes up must pay - a warning on Korea's chip windfall A profit windfall is taking shape in South Korea’s chip sector. Samsung Electronics is projected to post 320 trillion won in operating profit this year, while SK hynix could reach 230 trillion won — a combined 550 trillion won. On that estimate, the two Korean chipmakers would edge past Microsoft and Google to rank among the world’s four most profitable tech companies. The temptation is to read this as a triumph of strategy and execution. It is not — April 24, 2026

OPINION: Paradox of the second shock - Why protectionism cannot solve productivity problem KARACHI, April 23 (AJP) - The global economic order is currently grappling with a phenomenon that many have termed China Shock 2.0. Unlike the first iteration at the turn of the millennium, which saw a surge of low c April 23, 2026

OPINION:  Seoul navigates strategic reckoning as West Asia conflict rewrites energy calculus SEOUL, April 17 (AJP) -The West Asia conflict is forcing South Korea to confront a fundamental shift: energy security is no longer about efficiency, but resilience. For decades, Seoul optimized its energy system for cost and scale — routing roughly 70 percent of its crude imports through the Strait of Hormuz, refining heavier Middle Eastern oil into high-value fuels, and exporting them across global markets. It was a model built on efficiency. That model is now under st April 17, 2026

OPINION: Set aside the ghost whispers — it is time for Iran and Israel to speak directly Wars in the Middle East are often described in terms of missiles, airstrikes and troop movements. Yet much of the region’s conflict unfolds elsewhere — in the shadows of diplomacy, through intermediaries, and in signals that are never formally acknowledged. This quieter dimension might be called “ghost whispering”: the informal, deniable channels through which states exert pressure, shape perceptions and influence outcomes without direct confrontation. April 15, 2026

OPINION: Tehran invokes imperial memory as regional volatility reshapes Middle East order SEOUL, April 11 (AJP) - As nearly 25 percent of the world's maritime oil trade flows through the Strait of Hormuz daily, the Islamic Republic of Iran projects power not merely as a modern religious state, but as a civilization defined by five millennia of continuous history. This distinction between a standard nation-state and a civilizational state explains why the nation remains an outlier in a region dominate April 11, 2026

OPINION: The hidden genius in our pockets SEOUL, April 10 (AJP) - Last October, I had the pleasure of visiting the Korea University Museum at the invitation of its director, Professor Song Wan-beom. The visit was organized by the second graduating class of the ‘Creative CEO’ program, originally established by the National Museum of Korea in 2010. Among the many treasures on display, the Honcheonui (National Treasure No. 230) was the m April 10, 2026

OPINION: Hwanwha's Kim Dong-kwan faces crossroads as Hanwha Solutions expansion hits financial limits SEOUL, April 10 (AJP) - Hanwha Vice Chairman Kim Dong-kwan stands before two divergent paths: one that persists with relentless expansion and another that recalibrates for structural stability. While neither choice offers a simple resolution, the window for delaying this decision has slammed shut. Under the leadership of Kim Dong-kwan, Hanwha Solutions has moved with unparalleled speed, pivoting toward solar energy and April 10, 2026

FSS blocks 2.4 trillion won hike as Hanwha trust wavers The Financial Supervisory Service has effectively frozen a 2.4 trillion won rights offering by Hanwha Solutions, demanding a revised registration statement on the grounds that existing disclosures are insufficient and lack clarity. The regulatory intervention suspends the validity of the filing immediately; should the company fail to provide adequate supplements within three months, the offering will be deemed withdrawn. This friction in Seoul is not merely a procedural hiccup. It April 10, 2026

EDITORIAL: Hanwha Solutions' capital raise signals a deeper balance sheet fault line SEOUL, April 11 (AJP) — What derailed Hanwha Solutions’ planned rights offering was not disclosure alone. It was scale — and what that scale revealed. The 2.4 trillion won ($1.8 billion) capital raise, already one of the largest of its kind, carried a more troubling signal beneath the surface: 62.5 percent of the proceeds were earmarked for debt repayment. Markets did not see a growth story. They saw a balance sheet approaching its limits. The Financial S April 10, 2026