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  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
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  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
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  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
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  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
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  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
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  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
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  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
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  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
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  OPINION: A fragile truce, a stubborn strait — and a long test ahead Thirty-nine days after the United States launched its operation against Iran, dubbed “Epic Fury,” Washington and Tehran agreed to halt attacks for 14 days and begin talks on ending the war. The deal clears an immediate hurdle — but little more. The two sides have remained adversaries for nearly 50 years. Expecting a sweeping agreement within two weeks is unrealistic. The agenda alone is daunting: reopening the Strait of Hormuz, trading limits on April 10, 2026
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  OPINION: Governance question lingers behind Korea's market rollercoaster Market volatility has become the norm in 2026. The KOSPI index is liable to shoot up and down any moment, as global analysts watch for hints of supply chains either being freed or tied up amid the conflict in the Middle East. Just before the fighting started, Korean stocks were riding an unprecedented surge. Airstrikes on Iran began in same week that an artificial intelligence boom helped the KOSPI cross the 6,000 level for the first time ever, just 250 days after surpassing 3,000. April 9, 2026