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A consortium led by former South Korean MLB pitcher Park Chan-ho has invested $70 million in the Athletics, with $55 million completed and $15 million pending league approval. Park will serve as senior adviser to owner John Fisher, focusing on player development and Asia strategy. The consortium includes actors Ken Jeong and Daniel Dae Kim.
South Korea's foreign currency deposits increased for the third consecutive month in June, driven by higher dollar savings, according to central bank data. U.S. dollar deposits rose while euro and yen deposits fell. Separately, the country's money supply grew at the fastest pace in nine months in May.
South Korean President Lee Jae Myung has instructed officials to maintain fuel price caps amid renewed Middle East conflict pushing global oil prices to around $100 per barrel. He also highlighted AI partnerships from his San Francisco visit, including a $750 billion semiconductor deal with Nvidia, and addressed illegal fishing and critical mineral supply chain management.
A ceremony unveiling a commemorative plaque honoring North Korean soldiers who fought alongside Russian troops in Ukraine took place last week at a Moscow-region memorial site, according to state media. Separate reports detail North Korean commendations for artists behind a memorial museum for fallen soldiers, with troop deployment estimates varying across reports.
A Seoul court has convicted former South Korean President Yoon Suk Yeol of making false statements during the 2022 presidential campaign, sentencing him to 18 months in prison, suspended for three years. The ruling could force his party, the People Power Party, to return nearly 40 billion won in campaign reimbursements. Yoon's lawyers have filed an appeal.
Kim Yo-jong, the sister of North Korean leader Kim Jong-un, has denounced the ASEAN Regional Forum's call for denuclearization, stating that North Korea's status as a nuclear state is final and irreversible. She vowed to continuously update the country's nuclear capability, while analysts suggest the rebuke signals ASEAN's waning relevance to Pyongyang.
South Korean President Lee Jae Myung arrived in Brazil on Sunday for a summit with President Luiz Inacio Lula da Silva and a business roundtable, part of a three-nation South America tour. The tour concluded in Argentina, where Lee and President Javier Milei signed an MOU to strengthen cooperation on critical minerals, including lithium, and agreed to resume free trade negotiations with Mercosur.
Ukrainian President Volodymyr Zelensky stated that Russia is seeking an additional 30,000 North Korean troops, with preparations underway in the Voronezh region since June, alongside plans for more ballistic missile launchers. Reporting also covers earlier North Korean deployments to Kursk and claims of a new missile unit. Analysts have described deepening military ties between Moscow and Pyongyang as mutually beneficial.
Ukrainian President Volodymyr Zelenskyy has said Russia is preparing to receive an additional 30,000 North Korean troops and more ballistic missile launchers for its war against Ukraine. South Korea's foreign ministry says it is closely monitoring the situation, while North Korea's Foreign Minister recently visited Moscow.
The Palestinian Authority seeks UNESCO recognition for Sebastia, while Israel faces criticism over land seizures and 'heritage apartheid' claims. Heritage Minister asserts Jewish claims, as reports highlight PA road construction damaging ancient ruins.
Jenny Shin clinched her first LPGA title in a decade at the ISPS Handa Women's Scottish Open, defeating Kim A-lim by two strokes. The 33-year-old South Korean led wire-to-wire, marking a career milestone and becoming the fourth South Korean winner on tour this year.
UNESCO's World Heritage Committee has inscribed the D-Day landing beaches in Normandy, France, and Greece's Mount Olympus on its World Heritage List. The decisions were announced during the committee's session in Busan, South Korea, which also added sites in Japan, South Sudan, Iran, and Jordan.
South Korea's weather agency issued its highest-level heat wave warnings for Daegu and other southeastern areas as temperatures soared above 38°C. The warnings cover 17 regions, with officials reporting rising heat-related illnesses and livestock losses.
South Korean international Lee Kang-in has signed a five-year contract with Atletico Madrid, moving from Paris Saint-Germain. The transfer fee is undisclosed, with reports ranging from 35 to 40 million euros. Lee will aim to fill the creative void left by Antoine Griezmann's departure to the MLS.
UNESCO has placed a West Bank archaeological site and five Lebanese castles on both the World Heritage List and the List of World Heritage in Danger, despite Israeli objections. The emergency listings, citing ongoing conflicts, include Sebastia and Beaufort Castle, the latter recently captured by Israeli forces.
The UNESCO World Heritage Committee has expanded the boundaries of South Korea's 'getbol' tidal flats, adding four new coastal wetlands in Seosan, Goheung, Muan, and Yeosu. The decision, made at the committee's 48th annual meeting in Busan, brings the total number of South Korean UNESCO World Heritage sites to 17.
Naver Corp. has agreed to a strategic partnership with Nvidia Corp. and received a combined $10 billion investment commitment from Nvidia and Brookfield to build a global AI data center. The project aims to expand Naver's existing facility to 200 megawatts by 2028 and provide production-scale computing capacity for South Korean and U.S. AI developers.
President Lee Jae Myung declared a vision to position South Korea as a trustworthy production base and supply partner for AI semiconductors, unveiling the 'San Francisco AI Declaration' at a high-level meeting with global tech leaders. The meeting also saw agreements for $950 billion in cooperation projects, including a landmark SK Group semiconductor supply deal, and a separate MOU between South Korea's science ministry and AMD.
South Korean President Lee Jae Myung met with the heads of four global tech giants—including OpenAI, Nvidia, Anthropic, and Broadcom—during a two-day trip to San Francisco, urging greater participation in South Korea's AI investment plans. Lee highlighted the country's large-scale semiconductor and AI data center projects, while the executives expressed enthusiasm for cooperation.
President Lee Jae Myung met with Nvidia CEO Jensen Huang in San Francisco, where Huang announced a US$500 billion business partnership with SK Group, plans to jointly develop a self-driving Genesis sedan with Hyundai Motor Group, and a large-scale investment in Naver. The meetings are part of Lee's trip to promote AI cooperation between South Korea and global tech firms.