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South Korean President Lee Jae Myung met with Belgian Prime Minister Bart De Wever and EU leaders in Brussels, agreeing to expand investment in strategic industries and signing a digital trade agreement. Lee also requested EU consideration for South Korean steelmakers under new tariff rules.
South Korea's Defense Counterintelligence Command will be dissolved following its alleged role in former President Yoon Suk Yeol's failed martial law declaration in December 2024. The defense ministry announced a restructuring plan that transfers core tasks to new bodies and abolishes certain investigative powers.
The LG Twins signed Puerto Rican reliever Yacksel Rios on June 3 after releasing starter Yonny Chirinos, with manager Youm Kyoung-youb slotting the hard-throwing right-hander into high-leverage bullpen work. Rios debuted on June 10 with a 158 kph fastball and earned his first KBO save on June 24, drawing strong praise from his manager while emphasizing team contribution.
Iran's Revolutionary Guard claimed attacks on US bases in Bahrain and Jordan, and Kuwait reported intercepting hostile targets, after US strikes on Iranian territory. The exchange marks a sharp escalation in the days-long conflict, with analysts divided on whether de-escalation or further confrontation lies ahead.
Unionized employees at South Korean tech giant Kakao Corp. staged their first-ever walkout on June 10, demanding higher bonuses and profit sharing. Around 1,500 workers from five units participated, citing a 32.2% rise in executive wages versus 2.9% for regular staff. Management warns the demands could place a huge burden on operations, while the union plans a second walkout on June 29.
South Korean stocks fell sharply in late morning trading on Wednesday, extending losses amid escalating tensions between the United States and Iran and a technology-sector slump. The KOSPI was trading more than 3 percent lower by 11:20 a.m., with major tech shares leading the decline. Overnight losses on Wall Street, driven by concerns over AI stock valuations, added to the market's downward pressure.
South Korea's finance minister announced plans to review income tax cuts for young workers at SMEs, with potential extra benefits for those outside the greater Seoul area. Meanwhile, financial authorities stressed using expected tax revenue gains for future-oriented investment and addressing economic disparities.
As the 2026 FIFA World Cup approaches, preparations are underway at SoFi Stadium in Inglewood, California, with workers installing grass patches for the playing field. Meanwhile, the official match ball was used during a friendly between El Salvador and South Korea in Provo, Utah, marking early steps in the tournament's buildup.
Reports that the Pentagon elevated Israel to the highest counterintelligence threat level, citing expanded Israeli intelligence activities against the US, have been denied by both Washington and Jerusalem. The allegations highlight decades of mutual distrust between the allies, with historical espionage cases and broader surveillance practices shaping the narrative.
South Korean Defense Minister Ahn Gyu-back has called for a comprehensive military overhaul by 2040, emphasizing AI integration and manned-unmanned teaming to address future warfare challenges and a shrinking pool of eligible recruits. The plan includes maintaining troop levels at 500,000 while increasing the proportion of officers and expanding outsourcing in non-combat roles.
The 2026 FIFA World Cup begins with Mexico facing South Africa at the Estadio Azteca, featuring a record 48 teams and 104 matches across the U.S., Mexico, and Canada. The tournament is overshadowed by controversies over ticket prices, immigration policies, and the U.S.-Iran conflict, while expectations of $13 billion in revenue highlight its economic significance.
A South Korean court has ordered the preservation of evidence related to ballot shortages that disrupted local elections in Seoul, as protests continue for a sixth day. The order covers ballot boxes and communications from election officials, though a key container remains missing.
South Korea's defense ministry is investigating the Korea War Memorial Organization after a promotional poster and teacher training itinerary appeared to endorse China's narrative of the 1950-53 Korean War. The agency has removed the materials, and the program has been canceled as officials face scrutiny over the incident.
South Korean stocks rebounded sharply on Tuesday, with the KOSPI closing up 8.18 percent, its largest daily gain ever, as investors regained confidence in AI-related sectors and welcomed a ceasefire between Israel and Iran. The Korean won also strengthened against the dollar.
The sixth meeting of the Nuclear Consultative Group (NCG) took place in Seoul on Thursday, with South Korea and the US reaffirming their shared goal of denuclearizing North Korea and strengthening extended deterrence. The allies also discussed enhancing nuclear deterrence and readiness posture amid North Korea's evolving nuclear and missile capabilities.
Demonstrators in Seoul continued for a fifth day to demand a re-run of last week's local elections, protesting ballot shortages that disrupted voting at dozens of polling stations. The protests have paralyzed sports federations based at the counting site, prompting the national Olympic body to urge government intervention. Police have escalated an investigation into the shortages, while the election commission's leadership has resigned.
Chinese President Xi Jinping made his first visit to North Korea since 2019, meeting with Kim Jong Un to reaffirm bilateral ties and strategic cooperation. The visit comes amid North Korea's growing relationship with Russia and stalled nuclear talks with the US, with analysts viewing it as Beijing's attempt to reassert influence.
President Lee Jae Myung has returned to Seoul after a 10-day trip to Europe that included visits to Belgium, Italy, and the Vatican, and attendance at the G7 summit in France. He is set to brief foreign ambassadors and the press on the trip's outcomes, which included agreements with Italy and discussions on inter-Korean peace with Pope Leo XIV.
South Korea's stock exchange activated a buy-side sidecar as the KOSPI spiked on optimism over a potential U.S.-Iran deal. The surge, driven by tech stocks and AI sentiment, marks continued volatility in the market, with sidecar triggers this year reaching levels not seen since the 2008 financial crisis.
South Korea will commemorate the centennial of the June 10 independence movement with a ceremony in Seoul and posthumous honors for 13 participants, according to the veterans ministry and Yonhap reports.