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President Lee Jae Myung highlighted significant potential for economic cooperation between South Korea and Brazil, citing aircraft, critical minerals, and cosmetics as key areas. He emphasized the importance of accelerating trade negotiations with Mercosur, noting that bilateral trade remains relatively small.
Apple has become the second company ever to reach a $5 trillion market valuation, overtaking Nvidia as the world's most valuable firm. The shift reflects investor sentiment moving away from AI infrastructure spenders toward companies monetizing AI through consumer products and services. CEO Tim Cook is reportedly set to hand over to hardware chief John Ternus in September.
U.S. lawmakers have introduced a bipartisan House resolution honoring Korean War veterans and those who served in defense of South Korea since the armistice. The move comes as annual commemorations in Washington highlight the sacrifices of the 'Forgotten War.'
Recent developments, including public calls for peace talks, changes within Frelimo and the insurgents, and a new security ring by TotalEnergies, signal a potential shift in Mozambique's approach to the Cabo Delgado insurgency. Analysts stress the need to address root causes of the conflict while some international actors adjust their involvement.
A magnitude 7.1 earthquake struck Japan's Kumamoto prefecture on Tuesday, causing widespread damage, trapping people in a shopping mall and prompting a tsunami advisory that was later lifted. Reports of casualties and injuries vary, with officials saying a 'considerable number' of people are feared dead at the Aeon Mall. Rescue operations are ongoing as the region braces for aftershocks.
A brief evacuation alert was issued and later lifted in Pyeongtaek, South Korea, following a white phosphorus leak at the U.S. Osan Air Base. The U.S. military said the substance was about 80 percent diluted and posed low risk; no casualties were reported.
South Korea's first investment project in the United States under a bilateral trade deal is likely to be a combined cycle power plant, according to government sources. Industry Minister Kim Jung-kwan said talks with the U.S. are in the final phase, with an announcement possible as early as late August or September.
A special counsel team has requested prison sentences ranging from 18 to 30 years for six former military commanders over their alleged roles in former President Yoon Suk Yeol's 2024 martial law declaration. The requests include an 18-year term for a former special forces commander and 20- to 30-year terms for five other commanders, all accused of involvement in the failed bid.
South Korean stocks crashed more than 10% on Tuesday amid growing skepticism over tech giants' heavy AI investments, with the KOSPI closing at 6,023.66 after triggering a marketwide circuit breaker. Foreign investors offloaded a net 4.97 trillion won, while analysts attributed the drop to prolonged market concerns ahead of big tech earnings.
South Korean stocks plunged more than 10% on Tuesday, with the KOSPI closing at its lowest level since April, as investors dumped chip stocks amid mounting doubts about heavy spending on AI. The sell-off extended into Wednesday, prompting trading halts and raising concerns about global tech valuations.
South Korea's total population inched up in 2025, driven by record immigration amid low birth rates. The census also showed an aging population, a declining working-age share, and separate data on newlywed relocation patterns.
South Korea's top financial regulator has vowed to consider additional measures to dampen demand for single-stock leveraged ETFs, which have been blamed for market volatility. The move follows President Lee Jae Myung's call for prompt complementary measures, as the government raises minimum deposit requirements and weighs portfolio caps.
South Korea's Ryu Hae-ran aims to become the fifth golfer in LPGA history to win three majors in a single season at the AIG Women's Open in England. The 25-year-old has won the last two majors and will face world No. 1 Nelly Korda, who leads the Annika Major Award race.
President Donald Trump visited a General Motors plant in Michigan to claim businesses that moved to South Korea and other countries are returning, touting tariffs and zero-tariff incentives for domestic production. While the White House announced billions in Michigan investments, a Colorado food-truck manufacturer reports higher costs and competition from Mexican rivals, and polls show declining approval in the state.
South Korean President Lee Jae Myung and Brazilian President Luiz Inacio Lula da Silva agreed to revive stalled free-trade negotiations between Seoul and the Mercosur bloc, establishing a joint working group to prepare for formal talks. Analysts caution that skepticism remains strong in Latin America, with calls for tangible commitments from South Korea.
South Korea's Presidential Committee on Popular Culture Exchange announced a new international music festival in Los Angeles set for May 2028, along with a domestic awards show in Seoul and Goyang in December 2027, aiming to rival Coachella and boost cultural tourism.
Michelle Steel, the new U.S. Ambassador to South Korea, arrived in Seoul this week, marking the end of a 1.5-year vacancy in the post. Her arrival comes as the two allies face a series of pending issues, including implementing bilateral agreements on security, trade, and investment. Steel, a Korean American, has emphasized strengthening the alliance as her top priority.
Buenos Aires Times coverage examines Spain's deserved World Cup victory and the broader global balance of power in football, with Argentina's defensive resilience and historical semi-final record taking center stage.
Hanwha Ocean's Q2 net profit quadrupled to 692.6 billion won on high-value ship orders and a weak won, while HD Hyundai's net profit rose over fivefold to 3.17 trillion won.
South Korean stocks closed nearly 1% higher on Monday, driven by a US pause in strikes on Iran that eased Middle East tensions, a drop in oil prices, and a $950 billion tech cooperation agreement between South Korean and US companies.