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Constitutional Court left with seven justices as two retire
SEOUL, April 18 (AJP) - Two justices retired from the Constitutional Court of Korea on Friday as their six-year terms came to an end this week. The retirement of justices Moon Hyung-bae and Lee Mi-sun comes just a few weeks after delivering their historic ruling on the impeachment of disgraced former President Yoon Suk Yeol over his botched martial law debacle late last year. The two outgoing justices stressed the need to "respect" the court's rulings in order to up
April 18, 2025 -
PHOTOS: Spring on Jeju Island
SEOUL, April 18 (AJP) - Jeju Island, South Korea's idyllic getaway, transforms into a vibrant hub as peak tourist season kicks off in April.
April 18, 2025 -
Disgraced ex-president to get some shield from media attention at court appearance
SEOUL, April 18 (AJP) - Disgraced former President Yoon Suk Yeol is expected to avoid at least some public attention when he makes his court appearance next week for his trial on insurrection charges related to his botched martial law debacle late last year. Yoon is likely to be whisked once again into the Seoul Central District Court in southern Seoul next Tuesday, as he did so earlier this week, through a secluded passageway from the underground parking lot. The Seoul High Cour
April 18, 2025 -
Han Duck-soo sees split public opinion amid rising support for Lee Jae-myung
SEOUL, April 18 (AJP) - Acting President Han Duck-soo is facing divided public opinion over his job performance, according to a new Gallup Korea poll released Friday. The survey found that 41 percent of respondents believe Han is doing well in his role, while 50 percent said he is not. Nine percent reserved judgment. Han received strong backing from supporters of the ruling People Power Party (PPP), with 88 percent offering a positive evaluation. In contrast, 90 percent of Democra
April 18, 2025 -
Gold prices hit record high amid trade tensions
SEOUL, April 18 (AJP) - International gold prices surged to new highs this week as investors sought refuge from rising global trade tensions. Spot gold touched an all-time high of $3,350 per troy ounce on Wednesday before settling at $3,338.43, marking a 3.61 percent gain from the previous session. On the New York Mercantile Exchange, June gold futures also mirrored the momentum, closing at $3,355.10 per ounce — sustaining a remarkable upward trend in precious metals. By F
April 18, 2025 -
Leferi's beauty retail strategy draws crowds online and off
SEOUL, April 18 (AJP) - Leferi, a global beauty retail company, is deepening its commitment to creator-led commerce with the success of its latest omnichannel initiative, the "Minsco Select Store," the company said Friday. The campaign, launched in partnership with Hyundai Department Store, blends online and offline retail in what Leferi describes as its next step in redefining beauty retail. The initiative builds on the company’s earlier pop-up concepts and int
April 18, 2025 -
Foreign investors extend Korean stock sell-off for eighth month
SEOUL, April 18 (AJP) - Foreign investors pulled approximately 1.6 trillion won ($1.12 billion) from South Korean equities in March, extending a months-long exodus that has now reached its eighth consecutive month, according to data released Friday by the Financial Supervisory Service. The outflows spanned both of the country's major equity markets. Investors sold 1.12 trillion won on the benchmark KOSPI and an additional 513 billion won on the tech-heavy KOSDAQ. Singapore-ba
April 18, 2025 -
South Korean steel exports to US drop sharply, affected by tariffs
SEOUL, April 18 (AJP) - South Korean steel exports to the United States plunged in March, affected by the implementation of the Trump administration’s first wave of global tariffs, newly released trade data show. According to figures published Friday by the Korea International Trade Association, steel exports to the United States totaled $340 million in March, marking an 18.9 percent decline compared with the same month last year. In terms of volume, shipments fell 14.9 perc
April 18, 2025 -
Young South Korean filmmaker's animated short to compete at Cannes Film Festival
SEOUL, April 18 (AJP) - Director Joung Yu-mi's animated short film has been invited to this year's Cannes Film Festival, which opens in the Mediterranean resort city next month. According to the festival's organizers, "Glasses" will be screened as part of the International Critics' Week section and will compete with about a dozen others for an award recognizing innovative works by emerging filmmakers. No other South Korean films have been invited to comp
April 18, 2025
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India, S. Korea celebrate culinary traditions with joint cooking event
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Constitutional Court left with seven justices as two retire
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PHOTOS: Spring on Jeju Island
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Disgraced ex-president to get some shield from media attention at court appearance
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Han Duck-soo sees split public opinion amid rising support for Lee Jae-myung
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Gold prices hit record high amid trade tensions
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Leferi's beauty retail strategy draws crowds online and off
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Foreign investors extend Korean stock sell-off for eighth month
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South Korean steel exports to US drop sharply, affected by tariffs
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Young South Korean filmmaker's animated short to compete at Cannes Film Festival