Many analysts see Iran, not Washington, as the strategic winner of the war
SEOUL, June 18 (AJP) - President Donald Trump hailed the U.S.-Iran memorandum of understanding as a diplomatic victory that would prevent Tehran from obtaining nuclear weapons and restore stability to global energy markets. Many international relations scholars and security analysts see it differently. Several experts interviewed by AJP said the 109-day conflict ultimately strengthened Iran's strategic leverage, exposed limits to American military power and accelerated shifts already under
by Lee Jung-woo
How US-Iran ceasefire will reshape Asia and global economy
The world breathed a collective sigh of relief this week when the United States and Iran agreed to a sudden ceasefire. The newly released 14-point Memorandum of Understanding officially hits pause on a highly explosive conflict, bringing quiet to the Middle East. However, when we look closely at the actual promises made on paper, the deal is quite shocking. The agreement requires the U.S. to immediately lift its naval blockade, unfreeze billions of dollars in restricted Iranian money, and allow
Packaging bottleneck to decide winner in Korea's HBM4E race
SEOUL, June 18 (AJP) - SK hynix and Samsung Electronics are locking horns to seize an early lead in next-generation AI memory by shipping samples of their 12-layer HBM4E chips to major customers such as Nvidia for future data-center GPUs including Rubin Ultra. But as the race moves beyond raw memory performance, industry watchers say the real bottleneck may lie elsewhere: Taiwan Semiconductor Manufacturing Co.'s advanced packaging capacity. SK hynix said Wednesday it had shipped samples of
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
Europe and Korea seek scale-up partnership at NextRise 2026
Nat'l Assembly passes motion for probe into June 3 elections
U.S. Senate panel moves to allow overseas construction of noncombat naval ships SEOUL, June 18 (AJP) - A U.S. Senate panel is seeking to allow some noncombat Navy vessels to be built at shipyards in allied countries, a move that could create opportunities for South Korean shipbuilders.
Fed's tightening signal barely dents Asian rally SEOUL, June 18 (AJP) - The U.S. Federal Reserve's signal of joining a global tightening path to contain post-war inflation went largely unnoticed in Asia.
No change in stance toward North Korea in upcoming white paper SEOUL, June 18 (AJP) - The Ministry of National Defense on Thursday quelled speculation about any change in its stance toward North Korea, saying the reclusive country will remain South Korea's enemy in its annual defense white paper.
Seoul names new nuclear reactor sites amid AI demand SEOUL, June 18 (AJP) - South Korea has designated two coastal counties to host its first new nuclear reactors in 15 years.
