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Korean defense stocks stay hot as Gulf war exposes limits of U.S. shield SEOUL, June 17 (AJP) - The war in the Gulf is winding down, but South Korean defense stocks remain hot as Gulf states would come out from the conflict with depleted air-defense inventories and questions about heavy reliance on U.S. weapons systems.
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BOK further builds up rate hike rationale, seeing inflation around 3% 2H SEOUL, June 17 (AJP) - South Korea's annual inflation rate is expected to run close to 3 percent for the first time in three years this year as the broad impact of the three-month Gulf crisis is likely to spill into the second half.
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In "short-form" Korean economy, media empire is latest casualty SEOUL, June 17 (AJP) - South Korea is becoming a "short-form" society, where consumers increasingly favor quick commerce, short visits and low-friction experiences.
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South Korea redraws decades-old borderlines with North Korea
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Washington's new trade agenda poses fresh challenges for Seoul
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SK hynix confirms U.S. ADR plan, denies 100 trln won shareholder payout SEOUL, June 17 (AJP) - SK hynix confirmed Wednesday that it is actively pursuing a U.S. American Depositary Receipt (ADR) listing to expand its AI-era memory chip capacity, but denied reports that it is preparing a 100 trillion won ($72.5 billion) payout. -
FSS warns against leveraged bets as Samsung, SK hynix ETFs amplify market swings SEOUL, June 17 (AJP) — Leveraged ETFs tied to Samsung Electronics and SK hynix now account for nearly a third of trading in the two stocks, amplifying swings in South Korea's benchmark index and prompting an emergency warning from financial regulators. -
Ruling party members shooed away as Jamsil rally takes a far-right turn SEOUL, June 17 (AJP) - The political tide appeared to shift Wednesday at Gate 2-1 of Seoul Olympic Park's Handball Gymnasium, where a protest initially fueled by younger voters' concerns over ballot shortages increasingly showed signs of becoming dominated by far rightists. -
South Korea's high power costs pose AI competitiveness concerns SEOUL, June 17 (AJP) -South Korea's electricity rates for data centers are higher than those in major countries, a recent report shows.
ASIA Insight>
Why 'Teach You a Lesson' is resonating around the world — and beyond the screen SEOUL, June 16 (AJP) - The latest Netflix K-drama "Teach You a Lesson" is taking the world by storm because, quite literally, classrooms around the world may be in need of a figurative whipping of their own. Forbes recently called it one of the best dramas of the year despite criticism over excessive violence, racism and some over-exaggerated acting, because it ultimately offers "a hopeful perspective on justice in a corrupt world." For teachers actually working in schools, by Lee Jung-woo
ASIA INSIGHT: End of 106-day war and beginning of new Middle East
How US-Iran End of War Changes World Order June 15, 2026 is highly likely to be recorded as a turning point in modern Middle Eastern history. On this day, US President Donald Trump announced that negotiations to end the war between the United States and Iran had reached a final settlement, which was officially confirmed by the Iranian government and the mediating nation, Pakistan. Both sides are scheduled to sign a memorandum of understanding on the end of the war in Switzerland on the 19th. Th
AJP Focus>
BOK chief spells it out: inflation is here to stay and rate hike is coming SEOUL, June 17 (AJP) - The new Bank of Korea governor left little room for doubt: inflation is heading higher and will not come down anytime soon, whether or not the monthslong Gulf war ends this week. The central bank said Wednesday that inflation would remain elevated for a "considerable period," with price pressure gradually shifting from oil and currency shocks to wages and domestic demand. It projected consumer inflation to hover around 3 percent through much of the second half o
K-pop sells out the world. Seoul can't always host the show
SEOUL, June 16 (AJP) - BTS returned to Busan on June 12 for the homecoming stretch of its "Arirang" tour, but the concert began about 75 minutes later than scheduled. HYBE later apologized, citing confusion in on-site guidance, bottlenecks in fan gift distribution lines and delays in merchandise pickup. Two months earlier, the same tour had opened on April 9 at Goyang Stadium, an open-air athletic stadium in Goyang, north of Seoul, where fans watched the show in the rain. Neither case
AJP Vids
Technology>
- Sookmyung researchers develop AI framework capable of automatically fixing robot code
- New liquid cooling system cuts AI data center power use by 90 percent
- South Korean researchers technique to transfer nano circuits using water
- Fukushima study traces spread of radioactive cesium particles amid discharge disruptions
