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GULF CRISIS: Korean naval ability to answer Trump's Hormuz call in doubt
SEOUL, March 17 (AJP) - U.S. President Donald Trump made pretty much clear that Washington expects South Korea to join escort operations in the Strait of Hormuz, but defense experts doubt the country's navy capabilities can meet the call. Iran’s Islamic Revolutionary Guard Corps has attacked at least 10 vessels, including tankers and tugboats, using missiles and surface drones, and threats to strik
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SK hynix owed 70% to US and 25% to Nvidia for record 2025 sales
SEOUL, March 17 (AJP) - SK hynix has effectively pivoted into an American-centric powerhouse, with nearly 70 percent of its record-breaking 2025 revenue originating from U.S. customers, with NVIDIA alone accounting for a quarter, according to its annual business report released Tuesday. The fiscal transformation, fueled by an insatiable appetite for High Bandwidth Memory (HBM) among Silicon Valley giants,
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Korean legislative finally moves on FX support as won levels breach crisis levels
SEOUL, Mar. 17 (AJP) - South Korea’s National Assembly is scrambling to fast-track a package of exchange-rate support bills after sitting on them for months as the won comes under renewed pressure from the widening Gulf war. The urgency reflects not just broad dollar strength but a sharper loss of confidence in the won itself. According to the Financial Supervisory Service, the won weakened 4.12
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