Latest news
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Late actress Kim Sae-ron's posthumous film slated for release this fall
SEOUL, February 21 (AJP) - Actress Kim Sae-ron' s posthumous film will be released this fall. The 24-year-old, best known for her role in the 2010 hit action thriller "The Man from Nowhere," shocked the nation when she was found dead of apparent suicide at her home in Seongsu-dong, eastern Seoul last Sunday. Adapted from Kakao Page's hit webtoon series, "Everyday We Are" explores the moments of first love and friendship among high-schoolers. Kim portrays
February 21, 2025 -
South Korea's growth could sink to 1 percent, British firm warns
SEOUL, February 21 (AJP) - A London-based research firm has issued a dire warning about South Korea’s economic outlook, forecasting that the country’s growth rate could fall to just 1 percent this year — a sharp decline that underscores mounting political and financial pressures. In a report, Capital Economics revised its projection for South Korea’s real gross domestic product growth, lowering it from 1.1 percent to 1 percent. The firm cited a deepening po
February 21, 2025 -
Girl group IVE to headline music festivals in Berlin and Paris this summer
SEOUL, February 21 (AJP) - K-pop girl group IVE will meet global fans through performances at Lollapalooza in Berlin and Paris this summer. According to their agency Starship Entertainment, IVE will take the stage as a headliner at Lollapalooza Berlin held at the Olympiastadion in the German capital on July 12-13. Lollapalooza, a large-scale music festival that started in the U.S. in 1991, is now held in various locations around the world including France and Germany. This yea
February 21, 2025 -
BLACKPINK to embark on world tour in July, including performance at iconic Wembley Stadium
SEOUL, February 21 (AJP) - K-pop girl group BLACKPINK will kick off their world tour with a concert in Goyang, Gyeonggi Province in July, according to their management agency YG Entertainment. The quartet will perform at major stadiums in around a dozen cities across the world, with stops including Barcelona, Chicago, London, Los Angeles, Milan, New York, Tokyo, and Toronto. A leg of their tour includes a performance at London's Wembley Stadium, the largest in the U.K. and th
February 21, 2025 -
Constitutional Court to hold final hearing in Yoon's impeachment trial next week
SEOUL, February 20 (AJP) - The Constitutional Court of Korea will have the final hearing of President Yoon Suk Yeol's impeachment trial next week over his botched martial law debacle last December. After wrapping up the 10th hearing on Thursday, the court said it will hear final statements from both sides including Yoon at 2 p.m. on Feb. 25. Once next week's hearing concludes, the court will begin its deliberation to decide whether to impeach or reinstate him, which norma
February 20, 2025 -
Korean firms eye potential end to China's cultural ban with cautious optimism
SEOUL, February 20 (AJP) - South Korea’s business community is warily hopeful amid growing speculation that China may lift its long-standing, unofficial ban on Korean cultural content as early as May. The restrictions, imposed in retaliation for Seoul’s deployment of the U.S. Terminal High Altitude Area Defense (THAAD) system in 2017, dealt a severe blow to industries reliant on Chinese consumers. Among the hardest hit was AmorePacific, a major cosmetics firm, which
February 20, 2025 -
South Korea condemns North Korea's troop deployment to Ukraine
SEOUL, February 20 (AJP) - The Ministry of Defense here condemned North Korea's alleged deployment of troops to Russia to assist its war in Ukraine, describing it as "deceptive and inhumane" during a press briefing on Thursday. "We strongly denounce the actions of the regime and urge the immediate stop of any additional troop deployments," said the ministry's spokesperson Jeon Ha-kyu, when asked about a recent interview with two North Korea
February 20, 2025 -
Former PM calls for more flexible approach to 52-hour workweek to support semiconductor industry
SEOUL, February 20 (AJP) - A more flexible approach to the mandatory 52-hour workweek may be necessary, former Prime Minister Chung Sye-kyun said earlier this week. In a Facebook post, he wrote, "I fully understand concerns that making an exception could set a bad precedent or be widely misused. But if that happens, the law can intervene to amend any flawed regulations." Seeking support from the main opposition Democratic Party, which holds the majority in the 300-membe
February 20, 2025 -
PHOTOS: Celadon festival to take place in southwestern Korea
SEOUL, February 20 (AJP) - The Gangjin Celadon Festival will take place for ten days starting on Saturday at the Goryeo Celadon Museum in Gangjin County, South Jeolla Province. Staff members are currently preparing for the event.
February 20, 2025 -
Korea's job growth slows to 6-year low as young, middle-aged workers struggle
SEOUL, February 20 (AJP) - South Korea’s labor market saw its slowest job growth in six years during the third quarter of 2024, as employment opportunities for workers in their 20s and 40s declined at an unprecedented rate, according to government data released Thursday. The number of jobs increased by 246,000 from a year earlier, marking the smallest third-quarter gain since 2018, Statistics Korea reported. The deceleration continues a downward trend from the 597,000 jobs add
February 20, 2025
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Procurement dispute emerges over Korea's first privately-led geostationary satellite
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Korea urged to boost efforts to stabilize pharmaceutical supply chains
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Major banks may face sanctions over alleged collusion on mortgage terms
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Bank of Korea seeks stronger role in shaping stablecoin regulations
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North Korean and Russian youth hold friendship gathering in Pyongyang
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South Korea cracks down on origin fraud in exports to US
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Japan imports Korean rice for first time in decades amid soaring prices
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Seven dead or injured in suspected arson at Seoul apartment
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PHOTOS: Jongmyo Shrine's central hall reopens after 5-year restoration work
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Korea's customs revenue shrinks amid free trade push