'Ridiculous' Kane's 'hero moment' sends England through
Harry Kane scored twice in the final 15 minutes to lead England to a 2-1 comeback victory over DR Congo in the World Cup round of 32. England will now face Mexico in the last 16.
South Korea — Page 27
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Kim Jong Un sends Xi Jinping message marking Chinese Communist Party’s 105th anniversary
North Korean leader Kim Jong Un sent a congratulatory message to Chinese President Xi Jinping on the 105th anniversary of the Chinese Communist Party, reaffirming ties. Xi replied vowing long-term stable relations. The exchange follows their June summit in Pyongyang and precedes the 65th anniversary of the bilateral treaty.
(LEAD) Seoul shares dip over 2 pct on tech losses amid Iran deal uncertainty
South Korean stocks closed 2.04% lower on Wednesday as investors locked in gains from recent AI-driven semiconductor rallies, while uncertainty over U.S.-Iran peace talks weighed on sentiment. The KOSPI fell 173.07 points to 8,303.41, and the won weakened against the dollar despite record June exports.
Watchdog launches review on Google's alleged fair trade violation
South Korea's Fair Trade Commission has launched formal proceedings against Google over its Games Velocity Program, alleging the company abused its dominance in the Android app market by offering incentives to major game developers in exchange for preferential treatment. Google denies wrongdoing and has eight weeks to respond, with a potential fine of up to 849.6 billion won.
Lee to receive briefings from gov't ministries on progress of policy tasks
President Lee Jae Myung has started a new round of policy briefings with all government ministries and agencies, emphasizing the need for reform and innovation. The briefings, covering 140 bodies over nine sessions, will be livestreamed and include public observers.
Defense minister says unified military academy necessary to break down silos
South Korea's Defense Minister Ahn Gyu-back has reiterated the need to consolidate the Army, Navy, and Air Force academies into a single institution, citing the need to break down service silos and address demographic challenges. Alumni associations and retired brass have called on the government to halt the plan, arguing it is being pushed without sufficient review and risks undermining military expertise.
Iran says it couldn’t export a ‘single barrel of oil’ during US blockade
Iran's chief negotiator Mohammad Bagher Ghalibaf said the country was unable to export any oil during the US blockade of its ports, but has since exported over 40 million barrels. He added that Iran prioritises diplomacy with the US while remaining ready for war.
(LEAD) S. Korea's monthly exports hit US$100 bln for 1st time in June
South Korea's exports exceeded $100 billion in a single month for the first time, surging 70.9% year-on-year to $102.25 billion in June, driven by strong semiconductor demand and AI investments, according to the Ministry of Trade, Industry and Energy.
Poor numbers aside, new Japanese pitcher Iimura enjoying life in KBO
Shota Iimura, the Lotte Giants' new Japanese pitcher, is having fun in the KBO despite a rough start. The 28-year-old signed as the team's Asian quota player and has impressed manager Kim Tae-hyoung with his energy and potential.
India’s arms sector eyes pivotal breakthrough with UAE: ‘confidence booster’
India is reportedly in early-stage talks with the UAE to sell defence systems including the BrahMos supersonic missile and Akashteer air defence system. The potential deal is seen as a step in India's push to become a serious arms exporter, though it would require Russia's approval for the BrahMos sale.
Rocky week for AI as shares slump but no sign of crash – yet
Global markets faced a turbulent week as a sell-off in AI and tech stocks raised concerns about frothy valuations, with major indices and Asian chipmakers hit hard. Yet analysts note the downturn may be a stress test rather than a bubble bursting, while California's proposed billionaire's tax adds political intrigue.
S. Korea captain Son Heung-min apologizes to fans, vows to bounce back after World Cup exit
South Korea captain Son Heung-min has apologized to fans for the national team's early exit from the FIFA World Cup, pledging to come back stronger. The apology comes amid a reported rift between players and the media following disparaging comments about Son, and after South Korea's group-stage elimination.
Foreign ministry mulls dispatching relief team to quake-devastated Venezuela
South Korea is considering sending a disaster relief team to Venezuela, with foreign ministry officials closely monitoring the situation. Seoul has pledged $5 million in humanitarian aid and announced an additional $3.5 million package, while casualty figures vary widely across reports.
Why are South Korean fans so angry at their football coach?
Hong Myung-bo stepped down as head coach of South Korea's men's national football team following the team's failure to advance from the group stage at the 2026 World Cup. President Lee Jae-myung called for an investigation into the team's performance, citing organizational failures.
Samsung, SK eye 896 tln-won investment in southwest region amid gov't drive
Samsung Group and SK Group announced a combined investment of 896 trillion won in South Korea's southwest region, aligned with the government's AI-driven regional development initiative. The plans include new semiconductor fabs, AI data centers, and government support under the S-WEST Vision.
(LEAD) Seoul shares rise nearly 1 pct on tech gains, with upcoming U.S.-Iran talks in focus
South Korean stocks closed nearly 1 percent higher on Tuesday, led by technology shares, as investors monitored possible U.S.-Iran talks in Qatar. The KOSPI rose 81.83 points to 8,476.47, while the won weakened against the dollar and bond yields fell.
S. Korea postpones plan to launch solid-fuel space rocket over safety concerns
South Korea has postponed the planned launch of its solid-fuel Mir space rocket due to safety concerns, as disclosed by the defense ministry and reported by Yonhap. The rocket was slated to liftoff from a barge off Jeju Island, and a new date has yet to be set. The postponed launch would have been the first test of the rocket's full four-stage configuration.
PM pledges to do best for Lee administration's success after returning to National Assembly
Outgoing South Korean Prime Minister Kim Min-seok has pledged to back President Lee Jae Myung's administration as he prepares to run for leader of the ruling Democratic Party. The move comes amid declining approval ratings for the president and the party, and an intensifying factional feud within the party.
Kwon Soon-woo wins 1st-round match at Wimbledon
South Korea's Kwon Soon-woo was eliminated from Wimbledon in the second round, losing to Tommy Paul in straight sets. Kwon had earlier won his opening match against Martin Landaluce, marking his return to the tournament after a two-year absence.
S. Korea, Mongolia to hold 6th round of talks for CEPA
South Korea and Mongolia have reached an agreement in principle on a Comprehensive Economic Partnership Agreement (CEPA), aiming to expand trade and investment. The pact includes tariff eliminations on key goods and marks Mongolia's second bilateral free trade agreement.