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Son Heung-min has extended his MLS scoring streak to three matches, netting LAFC's opener in a 4-0 win over Sporting Kansas City. The South Korean forward had earlier ended a 13-game goalless drought in the league and now leads MLS with 10 assists.
President Xi Jinping announced a new 29-nation coalition, the World Artificial Intelligence Cooperation Organisation (WAICO), at the World AI Conference in Shanghai, calling for global cooperation in AI development. The initiative includes 5,000 research projects for developing countries and is seen as part of China's broader efforts to shape global AI governance.
President Lee Jae Myung reiterated plans to designate Dec. 3 as a day of people's sovereignty, marking the anniversary of former President Yoon Suk Yeol's failed martial law declaration. He pledged to make it a public holiday and launched the 'Committee of Light' to honor those who protected democracy.
Russia has expressed serious concern over South Korea's deepening military cooperation with NATO, calling it unacceptable for Seoul to become a de facto participant in the alliance's rearmament efforts. The statement follows a meeting between Russian Deputy Foreign Minister Andrey Rudenko and South Korean Ambassador Lee Seok Bae, while Seoul maintains that technological integration with NATO will not damage relations with Moscow.
The Trump administration has finalized a rule ending open-ended stays for foreign students, exchange visitors, and journalists in the US. International students and exchange visitors will be limited to four years, journalists to 240 days (90 days for Chinese nationals), with extensions possible but requiring reapplication. The move is part of a broader immigration crackdown and has drawn criticism from educators.
The British government has called on FIFA to investigate Argentine players who displayed a banner claiming sovereignty over the Falkland Islands after their World Cup semifinal win over England. FIFA has opened a disciplinary investigation. Argentine President Javier Milei called the gesture 'perfectly valid'.
South Korea's financial regulator has introduced measures to curb volatility from single-stock leveraged ETFs, including raising minimum deposits and suspending new listings. Authorities are also considering further caps on these products as concerns grow over their impact on the stock market.
The United States will impose 25% tariffs on a range of Brazilian imports starting July 22, following a year-long investigation that found unfair trade practices. Brazil has condemned the tariffs as unjust and politically motivated, and has requested WTO consultations while threatening reciprocal measures.
Former South Korean first lady Kim Keon Hee has postponed her appearance before a special counsel team over alleged irregularities in the 2022 relocation of the presidential residence. The session has been rescheduled to 10 a.m. Tuesday, citing health reasons. Kim is suspected of influencing the selection of an interior design company for the project.
The Bank of Korea raised its benchmark interest rate by 25 basis points to 2.75% in a unanimous decision, marking the first hike since January 2023. The central bank cited persistently high inflation, a weak won, and robust export-led growth, and signaled the possibility of further increases.
Scores of heritage professionals have convened in South Korea for the eighth World Heritage Site Managers' Forum, a pre-event for the 48th session of the World Heritage Committee. Separately, officials and experts discussed evolving standards for heritage interpretation in Seoul. South Korea will host the committee session in Busan from July 19–29.
Hyundai Motor Group plans to acquire the remaining 9.65 percent stake in Boston Dynamics after SoftBank Group exercised its put option, according to industry sources. The move is expected to bolster their robotics collaboration, with plans to deploy the Atlas humanoid robot at a U.S. plant starting in 2028 and potentially paving the way for a Boston Dynamics IPO.
South Korea will develop a sovereign AI model focused on cybersecurity by the end of 2026, responding to recent US export controls on advanced AI systems. Science Minister Bae Kyung-hoon announced the plan, highlighting the need to strengthen domestic AI capabilities amid growing digital threats.
A Seoul court rejected an arrest warrant for former Prosecutor General Shim Woo-jung over his alleged role in President Yoon Suk Yeol's 2024 martial law bid, citing insufficient grounds. Meanwhile, the special counsel questioned former defense minister Kim Yong-hyun about allegations of plots to detain politicians.
The United States fired on an oil tanker attempting to reach Kharg Island, part of its naval blockade on Iran, while strikes were reported in Tehran and other cities. Iran responded with attacks targeting Bahrain and Kuwait, and shipping in the Strait of Hormuz has plunged amid the escalating conflict.
South Korea's Supreme Court upheld a two-year prison sentence for Rep. Kweon Seong-dong of the People Power Party for accepting 100 million won in illegal political funds from a Unification Church official, stripping him of his parliamentary seat. The court also confirmed a forfeit of 100 million won.
South Korean stocks tumbled sharply as escalating Middle East tensions and a selloff in technology shares rattled investors. The KOSPI fell more than 6 percent in a volatile session, while the Bank of Korea raised its benchmark interest rate. The U.S. launched fresh strikes on Iran, adding to worries about energy supplies.
The government and the ruling Democratic Party have agreed to expedite the creation of a unified military academy for the Army, Navy, and Air Force in Daejeon, a move aimed at modernizing officer education. The plan has drawn objections from alumni associations and the opposition, while officials argue it is essential for future warfare readiness.
South Korea's finance ministry announced plans to closely monitor sectors with sluggish employment, including manufacturing, amid renewed Middle East tensions. The country added 63,000 jobs in June, rebounding from a May decline, but youth employment and manufacturing remain weak, prompting a comprehensive youth job package expected in the third quarter.
Na Hong-jin's sci-fi epic 'Hope' has opened strongly in South Korea, topping the weekend box office and surpassing 2 million admissions within five days of release, according to data from the Korean Film Council.