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HYBE apologizes after BTS Busan concert delayed by 75 minutes SEOUL, June 13 (AJP) - The agency behind K-pop sensation BTS issued an official apology after the first day of the group's concert in Busan was delayed by more than an hour due to severe operational disruptions affecting nearly 50,000 attendees. The "BTS WORLD TOUR 'ARIRANG' IN BUSAN" was scheduled to begin at 7 p.m. on Friday but did not start until 8:15 p.m.. Fans faced long waiting
S. Korea's ex-President Yoon summoned in military mutiny probe SEOUL, June 13 (AJP) - Former South Korean President Yoon Suk-yeol was summoned for questioning on Saturday over allegations of military mutiny, a charge that carries the death penalty and could further compound his legal woes following a recent life sentence for insurrection. The second special counsel team, led by Kwon Chang-young, began interrogating Yoon at around 10 a.m. local time. Yoon, attending his
South Korea faces scorching early summer heat amid alerts for sudden showers SEOUL, June 13 (AJP) - An early summer heatwave has gripped South Korea, driving weekend temperatures to near-record highs for the season, with forecasters warning of continued hot weather and sudden showers across the country. On Saturday, daytime temperatures in Seoul hit 31.6 degrees Celsius, marking the first time in ten days the capital has surpassed the 30-degree mark. In Gumi, North Gyeongsang Provin

From the stands as BTS kicks off 'ARIRANG' tour in Busan The "BTS WORLD TOUR 'ARIRANG' IN BUSAN"/ AJP Joseph Kwak SEOUL, June 13 (AJP) - K-pop sensation BTS performed during the opening night of their "ARIRANG" world tour at the Busan Asiad Main Stadium in Busan, South Korea, on Friday. The highly anticipated concert was held to commemorate the 13th anniversary of the group's debut.
SpaceX IPO fever meets Starlink's reality check in Asia SEOUL, June 12 (AJP) - SpaceX's record-shattering market debut is drawing fresh attention to Starlink, its satellite internet business, as investors look beyond rockets and Mars ambitions to identify the company's most important source of revenue.
For BTS fans, following them 'Into the Sun' is worth every second — even 3 months SEOUL, June 12 (AJP) — While much of South Korea was painted red in celebration of the national football team's opening victory at the 2026 FIFA World Cup, the country's second-largest city turned purple as BTS fans flooded Busan for a two-day concert marking the group's 13th anniversary. For many ARMY members, the concerts were more than another stop on BTS's world tour. They marked an emo
BOK governor urges timely rate hikes as inflation, housing risks build SEOUL, June 12 (AJP) - Bank of Korea Governor Shin Hyun-song said Friday the central bank needs to raise interest rates “without delay,” sending his clearest signal yet that South Korea is moving closer to monetary tightening as inflation, housing prices and leveraged stock investment risks build at the same time.

Asia races toward solar as energy security trumps fuel imports SEOUL, June 12 (AJP) - From rooftops in Manila to industrial parks outside Seoul, Asia is rapidly turning to solar power as Middle East instability and soaring AI-driven electricity demand force governments to rethink energy security. The blockade of the Strait of Hormuz earlier this year exposed the vulnerability of fuel-importing economies across Asia, accelerating what analysts describe as a race to generate more power at home. For many governments, renewable energy is increasingly viewed no by Kim Dong-young

Buried beneath Korea's chip boom, refiners fight for survival SEOUL, June 11 (AJP) - Buried beneath South Korea's semiconductor boom is a quieter survival story unfolding in the country's refineries and petrochemical plants. South Korea's economic narrative has been dictated by silicon in recent years. Memory giants have propelled the KOSPI past stock markets in cities such as London and Toronto while joining the exclusive trillion-dollar market-capitalization club. In contrast, some of the country's oldest industrial pillars have been qu

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Essay World Cup 26: Koreans ride emotional journey during the first match SEOUL, June 12 (AJP) -The thrill before kickoff Thousands of supporters dressed in red packed Seoul's Gwanghwamun Square on Friday morning, creating a sea of national flags and cheering sticks as South Korea opened its 2026 FIFA World Cup campaign against the Czechia. Office workers on leave, families with children and foreign visitors gathered beneath giant screens, united by anticipation and hope. The nail-biting first half As the match sett

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Korea's defense of won tested by SpaceX frenzy and foreign exodus SEOUL, June 11 (AJP) - South Korean authorities battling to defend the won near global financial crisis-era levels appeared to move to contain a retail rush into the blockbuster SpaceX listing on Friday, as surging demand for U.S. assets threatens to add pressure on the currency alongside a record foreign capital exodus. The Financial Supervisory Service (FSS) on Thursday summoned auditors from 12 major brokerages and urged them to strengthen internal controls over overseas investment brokerage

Korea's job decline exposes weakness beneath chip boom SEOUL, June 11 (AJP) - South Korea’s employment rate fell by the steepest pace in five years as weakness in manufacturing and youth hiring exposed the limited spillover from a recovery increasingly driven by memory chip exports. According to data released Thursday by Ministry of Data and Statistics, the employment rate for people aged 15 and older fell 0.5 percentage point to 63.3 percent, marking the sharpest decline since February 2021. The number of employed people aged 15 and older w

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