South Korea — Page 22

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Greater enrichment authority for S. Korea will bolster U.S. SMR industry, strengthen energy security: official

South Korean officials outlined the strategic benefits of granting Seoul greater uranium enrichment authority, emphasizing its role in expanding the U.S. small modular reactor industry and reducing supply chain dependencies. Foreign Minister Cho Hyun also highlighted the deepening nuclear and technology cooperation with the United States during a reception marking America's 250th anniversary.

1 outlet · 2 articles Jul 10

(LEAD) N. Korea's premier arrives in China for 65th anniv. of friendship treaty: report

North Korean Premier Pak Thae-song arrived in Beijing for a three-day visit to mark the 65th anniversary of the signing of a friendship treaty with China. Chinese President Xi Jinping met with Pak, emphasizing bilateral relations and strategic cooperation, while South Korea's unification ministry said it would monitor developments.

2 outlets · 6 articles Jul 10

South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing

SK Hynix has raised $26.5bn in a US listing, the largest-ever debut by a foreign firm on Wall Street. The offering, priced at $149 per American depositary share, was heavily oversubscribed as investors bet on AI-driven memory chip demand. Analysts see the move as a landmark for Korea's chip industry but raise questions about the local capital market.

4 outlets · 5 articles Jul 10

(Movie Review) 'Hope': Actions speak louder than words in this strange thrill ride

Na Hong-jin's 'Hope' is a sci-fi thriller set in a remote coastal town, following local cops and villagers as they fight mysterious creatures. The film was invited to compete at Cannes and explores how small acts of tragedy can spiral into catastrophe.

1 outlet · 2 articles Jul 10

Seoul shares open 3.57 pct higher on tech gains

South Korean stocks opened sharply higher on Friday, led by technology heavyweights, following overnight gains on Wall Street. The KOSPI added up to 3.57 percent at the open, with Samsung Electronics and SK hynix among the top contributors.

1 outlet · 3 articles Jul 10

N. Korea to expand intelligence agency's role against 'potential enemies'

North Korea has called for expanding the functions and missions of its intelligence agency, the General Reconnaissance and Intelligence Bureau (GRIB), during a meeting of the Central Military Commission led by Kim Jong-un. The move is seen as aimed at strengthening intelligence gathering against South Korea, with analysts warning of potential cyber and drone threats.

1 outlet · 2 articles Jul 9

KBO sets first-half attendance record

The Korea Baseball Organization has set a new first-half attendance record with 7,633,775 fans through 424 games, surpassing the previous mark set in 2025. The league then topped 8 million total attendees in record time, continuing its trend of breaking attendance milestones.

1 outlet · 3 articles Jul 9

(LEAD) Heavy downpours cause flooding, damage, forcing over 600 to evacuate

Heavy monsoon rains have pounded central South Korea, leading to flooded homes, road closures, and temporary evacuations of hundreds of residents. Authorities have ramped up emergency responses, with the prime minister ordering heightened readiness as more heavy rainfall is forecast.

1 outlet · 6 articles Jul 9

(LEAD) Lee, Mongolian president pledge closer cooperation on critical minerals, trade, advanced tech

South Korean President Lee Jae Myung and Mongolian President Ukhnaa Khurelsukh agreed in principle on a Comprehensive Economic Partnership Agreement and a $1 billion annual trade goal by 2030 during Lee's state visit to Ulaanbaatar. The leaders also pledged to expand cooperation in critical minerals, advanced technologies, and people-to-people exchanges.

1 outlet · 3 articles Jul 9

Australia, India strike deal on uranium exports during PM Modi’s visit

Australia and India have finalised arrangements for uranium exports during Indian Prime Minister Narendra Modi's visit to Australia. The deal, announced alongside a civil nuclear agreement, aims to support India's clean energy goals under IAEA safeguards.

6 outlets · 6 articles Jul 9

S. Korea, Mongolia sign MOU for energy transition, renewables

During President Lee Jae Myung's state visit to Ulaanbaatar, South Korea and Mongolia signed a memorandum of understanding to cooperate on renewable energy development, including a $100 million heat pump-based district heating project led by POSCO International and Newcom. The two countries also agreed in principle on a comprehensive economic partnership agreement (CEPA) and discussed cooperation on supply chains, AI, and building Mongolia's second national cancer center.

1 outlet · 3 articles Jul 9

Lee, Mongolian president pledge closer cooperation on critical minerals, trade, advanced tech

During a three-day state visit to Ulaanbaatar, South Korean President Lee Jae Myung and Mongolian President Ukhnaa Khurelsukh declared a shared vision for cooperation, focusing on critical minerals, trade, and advanced technologies. They agreed in principle on a Comprehensive Economic Partnership Agreement aimed at boosting annual bilateral trade to US$1 billion by 2030. Lee also highlighted Mongolia's potential role in bridging the divided Koreas and attended the Naadam festival as a special guest.

1 outlet · 5 articles Jul 9

(LEAD) PM vows to speed up AI transformation in public sector

Prime Minister Han Seong-sook announced plans to expand the AI-driven work system to all central government agencies by year's end and disclose 100 types of core public data for AI use. Her office also hosted a morning lecture on AI with a focus on establishing a data roadmap and upgrading infrastructure.

1 outlet · 3 articles Jul 9

(LEAD) Supreme Court upholds 7-yr prison term for ex-President Yoon for obstruction of justice

South Korea's top court upheld a seven-year prison sentence for former President Yoon Suk Yeol over obstruction of justice related to his failed 2024 martial law bid. The ruling, delivered live on television, marks the first finalized conviction for Yoon, who continues to appeal a separate life sentence for insurrection.

4 outlets · 8 articles Jul 9

IMF cuts 2026 world growth forecast, citing Iran war fallout

The International Monetary Fund has downgraded its 2026 global growth forecast for the second time this year, citing the lingering effects of the war in the Middle East on energy markets. The IMF now expects the world economy to grow 3% this year, with an AI-driven technology boom only partly offsetting the shock.

3 outlets · 3 articles Jul 9

Parliamentary hearing on football federation set for July 22

South Korea's parliamentary sports committee has postponed its scheduled hearing on the Korea Football Association, originally set for July 22, due to ongoing negotiations between rival parties. Former national team head coach Hong Myung-bo has confirmed he will attend and answer all questions.

1 outlet · 4 articles Jul 9

Ex-Trump official says S. Korea's nuclear armament would lead to heightened tension

Former US national security adviser Michael Flynn opposes South Korea developing nuclear weapons, warning it would heighten tensions and suggesting reliance on US extended deterrence. Meanwhile, former deputy national security adviser Alex Wong sees potential for diplomacy with North Korea if strategic conditions change, pointing to President Trump's interest in Kim Jong-un and President Lee Jae-myung's openness to dialogue.

1 outlet · 3 articles Jul 9

S. Korea's fiscal balance improves through May

South Korea's managed fiscal balance improved to a deficit of 54.2 trillion won through May, driven by a 16% rise in tax revenue on strong corporate earnings and a bullish stock market. Corporate, income, and securities transaction taxes all surged, while government spending also increased.

1 outlet · 2 articles Jul 9

Trump says US will give Patriot missile license to Ukraine during Zelensky NATO meeting

US President Donald Trump has announced plans to grant Ukraine a license to produce Patriot interceptor missiles, a move that could bolster Kyiv's air defenses against Russian ballistic missile strikes. Ukrainian President Volodymyr Zelensky confirmed that political agreements have been reached, with some missiles expected to arrive in the coming days.

4 outlets · 6 articles Jul 8

Make China leading power in sci-tech by 2035: Xi tells scientists

President Xi Jinping presented China's top science award to Chen Liquan and Ben De, urging scientists to accelerate self-reliance and make China a leading power in science and technology by 2035. He called for addressing flaws in the innovation ecosystem and seizing opportunities in AI and other frontier technologies.

2 outlets · 3 articles Jul 8