-
OPINION: When all that glitters mixes with FX markets
For decades, gold sat politely outside the foreign-exchange conversation. It was a hedge against inflation, a shelter in crises, an asset of last resort—but rarely a variable that moved currencies themselves. Exchange rates were explained in the familiar grammar of trade balances, interest-rate differentials and capital flows. Gold belonged to another chapter. That separation is beginning to fray in Asia. The first clear signal has come from Thailand. In recent month
December 20, 2025
-
OPINION: Why Korea Zinc's US smelter deal makes strategic sense
SEOUL, December 19 (AJP) - Korea Zinc recently signed a strategic partnership with the U.S. Department of Defense and the U.S. Department of Commerce, agreeing to pursue a joint investment to build a large, integrated smelter in Tennessee. The U.S. administration has increasingly treated critical minerals as strategic assets essential to national defense and economic security, elevating supply self-reliance and trusted supply chains to top policy priorities. Against that back
December 19, 2025
-
OPINION: A Periodic Table war at play
The world is already in a war — just not the kind most people picture. There are no gunshots, troop movements or televised front lines. Yet its outcome will shape industrial competitiveness and long-term national resilience. The battlefield is the periodic table. This “periodic table war” is the intensifying global competition for the elements that underpin modern industry and technology: copper, lithium, nickel, cobalt, manganese, graphite, rare earths, ga
December 19, 2025
-
OPINION: Oscar Night in 2030 - except that it won't end in one night
On a spring evening in 2030, few people will reach for a television remote. They will tap the YouTube icon on the living-room screen instead. The Oscars will not appear on a numbered channel, but at the top of an algorithmic feed, marked simply: "Live now". The ceremony will begin—and almost immediately, it will splinter. Acceptance speeches will circulate as concise summaries. The red carpet will resurface as tagged video clips. Jokes will dissolve into meme
December 18, 2025
-
OPINION: Cooperation between Türkiye and Republic of Korea in building fair international order
SEOUL, December 18 (AJP) - At a time when power balances are being reshaped, the conventional international order is entering a phase of disintegration, and normative values are being eroded, the global system has been drawn into a multi-layered environment of uncertainty. In this age of uncertainty, multidimensional issues, such as intensifyin
December 18, 2025
-
OPINION: The costs of 'cartel eradication' politics and martial law
A year has passed since the declaration and swift lifting of martial law on Dec. 3, and eight months since former President Yoon Suk Yeol was removed from office by the Constitutional Court’s impeachment ruling on April 4. Yet the political reckoning is far from complete. That unresolved mood was reflected in a Gallup Korea survey released on Nov. 28 assessing the achievements and failures of 11 former presidents. Yoon recorded the highest negative ratings and the lowes
December 18, 2025
-
OPINION: Hyundai Motor and Chung Euisun at the autonomous crossroads
The crisis Hyundai Motor faces in autonomous driving is not, at its core, a technological one. Nor is it a matter of insufficient capital or a shortage of talent. The problem is simpler—and more troubling: decisive leadership is being smothered by institutional hesitation. Hyundai’s real competitors today are no longer other carmakers. They are Tesla, Google’s Waymo and Apple—companies that do not merely manufacture vehicles but accumulate data
December 17, 2025
-
INTERVIEW: Korea's weak won reflects structural dollar imbalance, not crisis conditions
South Korea’s won has weakened past 1,470 per dollar, a level that evokes memories of past currency crises. But strong external fundamentals suggest the current situation differs sharply from previous episodes of financial turmoil, according to Jeon Kwang-woo, chairman of the World Economic Research Institute and a former head of the Financial Services Commission (FSC) and the National Pension Service (NPS). Despite record current account surpluses and a stock market ral
December 17, 2025
-
OPINION: A reckoning for church-state separation
South Korea’s Constitution guarantees freedom of religion while mandating the separation of church and state, a principle enshrined in 1948. For more than eight decades, this constitutional boundary has remained largely uncontested. Recently, however, calls have emerged to clarify the scope of this separation and strengthen penalties for violations, reflecting growing concern that the principle is being eroded. President Lee Jae Myung recently underscored the need for firm a
December 16, 2025
-
OPINION: In defense of Korean democracy in martial law aftermath
On Dec. 3, 2024, President Yoon Suk Yeol’s declaration of martial law sent shockwaves through South Korea, one of the world’s leading economies. The country was unprepared for such a drastic measure. Although rumors had circulated, few believed they would materialize. A nation built on the sacrifices of its people suddenly confronted a crisis evocative of its painful struggles for democracy. South Korea’s path to democracy has been anything but smooth.
December 16, 2025