• South Korea redraws decades-old borderlines with North Korea SEOUL, June 17 (AJP) -South Korea is redrawing lines along the world's most heavily fortified border with North Korea, easing decades-old military restrictions.
• Washington's new trade agenda poses fresh challenges for Seoul SEOUL, June 17 (AJP) - Seoul should closely monitor Washington's evolving trade strategy and swiftly implement South Korea's trade deal with the U.S. agreed last fall, said an ex-trade chief on Wednesday.
• SK hynix confirms U.S. ADR plan, denies 100 trln won shareholder payout SEOUL, June 17 (AJP) - SK hynix confirmed Wednesday that it is actively pursuing a U.S. American Depositary Receipt (ADR) listing to expand its AI-era memory chip capacity, but denied reports that it is preparing a 100 trillion won ($72.5 billion) payout.
• FSS warns against leveraged bets as Samsung, SK hynix ETFs amplify market swings SEOUL, June 17 (AJP) — Leveraged ETFs tied to Samsung Electronics and SK hynix now account for nearly a third of trading in the two stocks, amplifying swings in South Korea's benchmark index and prompting an emergency warning from financial regulators.
• Ruling party members shooed away as Jamsil rally takes a far-right turn SEOUL, June 17 (AJP) - The political tide appeared to shift Wednesday at Gate 2-1 of Seoul Olympic Park's Handball Gymnasium, where a protest initially fueled by younger voters' concerns over ballot shortages increasingly showed signs of becoming dominated by far rightists.
• South Korea's high power costs pose AI competitiveness concerns SEOUL, June 17 (AJP) -South Korea's electricity rates for data centers are higher than those in major countries, a recent report shows.

AJP Briefing

• Won, bonds stay quiet as BOJ risk fades, Fed decision looms SEOUL, June 17 (AJP) - South Korea’s currency and bond markets remained calm Wednesday as investors looked past the Bank of Japan’s rate hike and shifted their attention to the Federal Reserve’s first policy decision under Chair Kevin Warsh. The won’s market average rate strengthened 5.3 won to 1,514.75 per dollar, showing limited volatility despite Tuesday’s BOJ decision to raise interest rates to 1 percent for the first time in 31 years. Korean government bond y
• KOSPI extends rally as SK hynix tops 2.5 Million won for first time SEOUL, June 17 (AJP) - South Korea's benchmark KOSPI extended its gains Wednesday as investors rotated into semiconductors, power-cable shares and biotechnology, even as foreign investors turned heavy sellers on the main bourse. The benchmark KOSPI closed up 1.6 percent at 8,864.24, after moving between an intraday high of 8,872.18 and a low of 8,605.66. Foreign investors sold 1 trillion won worth of shares on the main bourse, while institutions bought 581.9 billion won ($384.9 million) and
• World Cup 26: Europe sweeps, Asia holds ground, Messi lifts South America SEOUL, June 17 (AJP) - Europe restored order at the 2026 FIFA World Cup on Tuesday local time, or Wednesday in Korea, as France, Norway and Austria all won their opening matches while Asia’s unbeaten start came to an end. Argentina also gave South America its first win of the tournament, with Lionel Messi delivering a record-tying hat trick in a victory over Algeria. The day marked a sharp turn from the early group-stage pattern, when Asian teams had gone unbeaten and South American side
• Foreign tourist spending in S. Korea hits record $1.3bln on local lifestyle boom SEOUL, June 17 (AJP) - Credit card spending by foreign tourists in South Korea reached an all-time monthly high in May, fueled by a surge in visitors adopting everyday local lifestyle trends, the Korea Tourism Organization said Wednesday. Over the last few years, global interest in South Korean culture has shifted from entertainment like music and television to everyday fashion, beauty, and wellness. This growing fascination has changed how tourists shop, drawing them away from traditional souv

ASIA Insight

• Why 'Teach You a Lesson' is resonating around the world — and beyond the screen SEOUL, June 16 (AJP) - The latest Netflix K-drama "Teach You a Lesson" is taking the world by storm because, quite literally, classrooms around the world may be in need of a figurative whipping of their own. Forbes recently called it one of the best dramas of the year despite criticism over excessive violence, racism and some over-exaggerated acting, because it ultimately offers "a hopeful perspective on justice in a corrupt world." For teachers actually working in schools, by Lee Jung-woo
• ASIA INSIGHT: End of 106-day war and beginning of new Middle East How US-Iran End of War Changes World Order June 15, 2026 is highly likely to be recorded as a turning point in modern Middle Eastern history. On this day, US President Donald Trump announced that negotiations to end the war between the United States and Iran had reached a final settlement, which was officially confirmed by the Iranian government and the mediating nation, Pakistan. Both sides are scheduled to sign a memorandum of understanding on the end of the war in Switzerland on the 19th. Th by Abe Kwak

AJP Watch

• Beyond 'Teach You a Lesson': Why Korean teachers say real life can be more tragic SEOUL, June 17 (AJP) - Netflix's hit K-drama "Teach You a Lesson" may depict elite inspectors restoring order in dysfunctional schools, but teachers in South Korea say the most unsettling aspect of the series is not its violence. It is how accurately it captures their sense of abandonment. The methods may be exaggerated. The stakes, they argue, are not. In fact, real life is often more tragic. Unlike television, there is rarely a dramatic resolution when schools fail. Conflicts
• World Cup 26: Asia holds firm, New Zealand shine, and South America winless SEOUL, June 16 (AJP) - Asian teams extended their unbeaten start to this year's FIFA World Cup on Monday, while New Zealand marked its return to the tournament with a spirited draw. South America's wait for a first win continued as Uruguay fell short of victory. Four matches played across the U.S. produced no wins for the traditional favorites. Spain was held to a 0-0 draw by Cape Verde in Atlanta, Georgia, as the World Cup debutants frustrated one of Europe's strongest teams. Cap

AJP Focus

• 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
• K-pop sells out the world. Seoul can't always host the show SEOUL, June 16 (AJP) - BTS returned to Busan on June 12 for the homecoming stretch of its "Arirang" tour, but the concert began about 75 minutes later than scheduled. HYBE later apologized, citing confusion in on-site guidance, bottlenecks in fan gift distribution lines and delays in merchandise pickup. Two months earlier, the same tour had opened on April 9 at Goyang Stadium, an open-air athletic stadium in Goyang, north of Seoul, where fans watched the show in the rain. Neither case