Thursday, Oct 22, 2026
  • Black Eagles turn Sacheon's sky into a canvas SACHEON, October 22 (AJP) - A giant white starfish spread across Sacheon’s blue autumn sky on Thursday as the Black Eagles broke formation, each jet drawing a long arm of smoke toward a different edge of the heavens.
    Black Eagles turn Sacheons sky into a canvas
  • UPDATE: Bank of Korea stands pat, bonds rally on unanimous pause SEOUL, October 22 (AJP) - The Bank of Korea (BOK) on Thursday kept its key rate steady at 3.00 percent to assess the effects of a half-percentage-point increase across its last two summer meetings.
    UPDATE: Bank of Korea stands pat, bonds rally on unanimous pause
  • South Korea to send letter to UN over DMZ landmine blast SEOUL, October 22 (AJP) - South Korea is set to send a letter to the United Nations Security Council (UNSC), urging North Korea to take responsibility for last month's landmine blast in the Demilitarized Zone (DMZ) that injured three South Korean soldiers and to take appropriate action.
    South Korea to send letter to UN over DMZ landmine blast
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ASIA Insight>

Korean chip bonuses spill over to competition SEOUL, October 22 (AJP) - Chipmakers in South Korea and Taiwan keep a civil distance despite cutthroat competition to advance chip technology and recruit talent. But the extraordinary AI chip windfall has turned heads in Taiwan’s cleanrooms as workers watch their Korean counterparts collect lavish rewards from the industry’s newfound riches. Union officials at U.S. memory chipmaker Micron Technology’s Taoyuan operation began a 24-hour warning strike Thursday, pressing for a p
Korean chip bonuses spill over to competition
Korea and Taiwan reap chip bounty, but currencies split the harvest Korea and Taiwan reap chip bounty, but currencies split the harvest SEOUL, October 21 (AJP) — Chip powerhouses South Korea and Taiwan have been enjoying a bumper harvest, but their stock and currency markets have shared unevenly in the bounty in the second half. Samsung Electronics and SK hynix, which powered a stock-buying frenzy that nearly doubled the KOSPI earlier this year, have surrendered much of their gains. The Korean benchmark’s remaining advance is now roughly half Taiwan’s 60-percent surge. In the currency market, however, Korea h

AJP Focus>

BOK chief's inflation outlook hints rates unlikely to come down before '28 SEOUL, October 22 (AJP) - Bank of Korea Governor Shin Hyun-song on Thursday credited the board’s two successive summer rate hikes with helping cool inflation and steady currency and debt markets while signaling that rates won't likely come down before 2028. Speaking after the monetary policy board unanimously held the base rate at 3.00 percent, Shin described the pause as the payoff from acting early. The BOK raised rates by a quarter percentage point in both July and August after ho
BOK chiefs inflation outlook hints rates unlikely to come down before 28
Koreas rice farmers struggle to keep a staple—and a livelihood—alive Korea's rice farmers struggle to keep a staple—and a livelihood—alive SEOUL, October 20 (AJP) - Rice farming is a labor as old as Korea’s 5,000-year history, its harvest a staple of daily meals and an essential ingredient in the country’s cuisine. Yet the farmers sustaining that legacy face a difficult squeeze: aging hands, costly machinery and a changing appetite for the grain they grow. In Icheon, a city in Gyeonggi Province famed for its premium rice, autumn brings both the harvest and a festival celebrating it. Beyond the festival grounds, the wo

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