Pump prices drop below 2,000 won amid easing tensions in Middle East SEOUL, July 6 (AJP) - Pump prices fell to below 2000 won (about US$1.3) this week as international crude oil prices declined amid ongoing talks between Washington and Tehran, following the signing of a memorandum of understanding late last month to end the months-long conflict in the Middle East. According to the Korea National Oil Corporation's website Opinet on Monday, the average retail price of gasoline at gas stations nationwide stood at 1,952.1 won per liter i July 6, 2026

South Korea's parliament opens under opposition boycott SEOUL, July 06 (AJP) - Ruling-majority National Assembly of South Korea on Monday opened for extraordinary session under the boycott of the main opposition People Power Party. The session was called after 161 Democratic Party lawmakers, led by acting party leader and floor leader Han Byeong-do, submitted a formal request for the extraordinary session on July 3. The National Assembly duly announced the opening of the session in accordance with the request. People Po July 6, 2026

Court terminates Homeplus rehabilitation proceedings SEOUL, July 03 (AJP) - Cutting boards are displayed in the refrigerated section of a Homeplus store in Mapo-gu, Seoul, on July 3, 2026. July 3, 2026

Court terminates Homeplus rehabilitation proceedings SEOUL, July 03 (AJP) - Shelves at a Homeplus store in Mapo-gu, Seoul, are stocked only on the front row on July 3, 2026. July 3, 2026

Court terminates Homeplus rehabilitation proceedings SEOUL, July 03 (AJP) - Beverage shelves at a Homeplus store in Mapo-gu, Seoul, are filled only on the front row on July 3, 2026. July 3, 2026

Court terminates Homeplus rehabilitation proceedings SEOUL, July 03 (AJP) - July 3, 2026

Court terminates Homeplus rehabilitation proceedings SEOUL, July 03 (AJP) - Coca-Cola is sold out at a Homeplus store in Mapo-gu, Seoul, on July 3, 2026. July 3, 2026

Tech expo in Seoul showcases cutting-edge quantum technologies SEOUL, July 2 (AJP) - A tech expo dubbed "Quantum Korea" kicked off its three-day run at the Dongdaemun Design Plaza (DDP) in Seoul on Thursday. Under the theme "Quantum in Action, Grand Challenges for Innovation," the expo, now in its fourth year, runs until Saturday, bringing together about 56 companies and research institutions from 12 countries to showcase the latest advances in quantum technologies. Booths from South Korean institu July 2, 2026

Spencer Kim kicks off AMCHAM AI Forum 2026 SEOUL, July 02 (AJP) - Spencer Kim, vice president and president of Qualcomm Korea, delivers the opening keynote, "The Year of Agents," during the AMCHAM AI Forum 2026 at Grand Hyatt Seoul in Seoul on July 2. AJP Yoo Na-hyun July 2, 2026

U.S. Embassy's Heller addresses AI Forum in Seoul SEOUL, July 02 (AJP) - The Hon. James Heller, Charge d’Affaires at the U.S. Embassy Seoul, delivers remarks during the AMCHAM AI Forum 2026 at Grand Hyatt Seoul in Seoul on July 2, 2026. AJP Yoo Na-hyun July 2, 2026