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AI summarySong Sung-mun of the San Diego Padres made his Major League Baseball debut as a pinch runner during the Mexico City Series, then was optioned back to Triple-A. Meanwhile, Lee Jung-hoo of the San Francisco Giants continued his hot streak with a four-hit game, helping the Giants beat the Miami Marlins.
AI summaryNew OECD data projects South Korea's potential growth rate will fall to a record low of 1.52 percent in late next year, continuing a decade-long decline. Analysts warn of a low-growth trap without structural reforms, while the administration targets 3 percent growth.
AI summaryAustralia has signed a landmark US$7 billion contract with Japan for 11 Mogami-class frigates, a deal that could set a template for Tokyo's expanding defence exports. Analysts see the agreement as a step towards reducing regional reliance on the US and building a new network of defence partnerships across the Indo-Pacific.
AI summaryRussian Defense Minister Andrey Belousov met with North Korean leader Kim Jong Un in Pyongyang, where they discussed military cooperation and a planned five-year agreement. The visit included commemorations for North Korean troops killed in Russia's Kursk region and comes amid reports of a new road bridge and deepening alliance.
AI summaryThe deputy commander of the U.N. Command, Lt. Gen. Scott Winter, has warned against altering the management of the Korean Demilitarized Zone, calling the armistice a 'proven framework.' His remarks come amid UNC objections to South Korean bills promoting peaceful use of the buffer zone and reports of a proposed handover of southern DMZ management to Seoul.
AI summaryNelly Korda claimed her third major title with a five-shot victory at the Chevron Championship, returning to world No. 1. The American led from start to finish, tying records along the way, while Patty Tavatanakit and Yin Ruoning shared second.
AI summaryThe Korea Baseball Organization has reached 2 million, 3 million, 4 million, 5 million, and 6 million fans in record time during the 2026 season, surpassing previous marks set in 2025. The league is averaging over 18,000 fans per game and is on pace to break its single-season attendance record.
AI summaryThe US Treasury has sanctioned Hengli Petrochemical's Dalian refinery and dozens of ships tied to Iran's 'shadow fleet' as part of 'Operation Economic Fury.' Treasury Secretary Scott Bessent pressed China to increase diplomatic pressure on Iran, while the administration also asked banks to monitor for Iranian money-laundering networks.
AI summaryMultiple reports indicate that the United States has expended significant portions of its missile inventories during its war with Iran, including Patriot and THAAD interceptors, Tomahawk cruise missiles, and Precision Strike Missiles. The depletion has raised concerns about readiness against other adversaries like China, with estimates suggesting it could take years to replenish stockpiles.
AI summarySouth Korean prosecutors have for the second time rejected a police request for an arrest warrant for HYBE Chairman Bang Si-hyuk, citing insufficient evidence in his alleged unfair stock trading case. The case stems from allegations that Bang misled investors in 2019 before HYBE's IPO, with estimated illegal profits ranging from 190 billion to 260 billion won across different reports. Bang has denied wrongdoing, while the U.S. Embassy has requested allowing him to travel for BTS's world tour.
AI summarySouth Korean stocks ended flat on April 24 as defense and shipbuilding gains offset tech losses, while Middle East tensions and U.S.-Iran talks kept investors cautious. The KOSPI edged down 0.18 point to 6,475.63, with foreigners selling a net 1.95 trillion won.
AI summaryFormer Australian Treasury Secretary Ken Henry has renewed his push for a windfall profits tax on gas exports, urging the government to ignore industry opposition. The proposal has sparked debate over revenue capture, investment risks, and international buyer concerns, with the government reportedly considering the measure ahead of the federal budget.
AI summaryWoodside's CFO told a Greens-led Senate inquiry that a proposed 25% tax on gas exports would be economically unsustainable, while Chevron's Gorgon project received environmental approval for expansion. The inquiry is probing Australia's gas export tax settings amid growing pressure on Labor to impose the tax.
AI summaryDeepSeek released preview versions of its V4-Pro and V4-Flash models, claiming the Pro beats all rival open models in math and coding. Huawei's Ascend chips have been adapted to run the new model, with performance and cost benefits reported, while Nvidia's CEO warns of dire consequences for the US if China optimizes its AI on domestic hardware.
AI summarySouth Korea's Army chief met with counterparts from Britain, Australia, Canada, and New Zealand to discuss peninsular security and military cooperation. The state arms procurement agency also pledged to advance defense ties during a ceremony marking the 75th anniversary of the Battle of Gapyeong.
AI summaryIndonesia's foreign minister has ruled out imposing tolls on ships passing through the Strait of Malacca, following a suggestion by the finance minister that sparked regional concern. The strait is a vital global shipping lane, and neighboring states and analysts have stressed the importance of keeping it free for navigation.
AI summarySouth Korea announced plans to designate 10 cities as startup hubs by next year, starting with Daejeon, Daegu, Gwangju, and Ulsan, to decentralize the startup ecosystem from Seoul and create youth jobs. The initiative aims to place five cities in the global top 100 startup list by 2030.
AI summaryAt the Chevron Championship, the first LPGA major of 2026, several South Korean players posted strong opening rounds. Lee So-mi fired a 67 to sit tied for second, while Yoon Ina climbed into a tie for third after round two. Nelly Korda of the U.S. leads the tournament.
AI summarySouth Korea and Australia will begin a joint excavation project next week to recover the remains of an Australian soldier missing since the Korean War. The effort coincides with the 75th anniversary of a key battle in Gapyeong, where Commonwealth forces fought Chinese troops. Separately, South Korea has identified the remains of another of its soldiers, raising the total to 273.
AI summaryKOMIR's sale of its Mexican copper mine stake and bonds for $1 each is confirmed by Yonhap reports, but they disagree on the original investment: one cites roughly $2 billion, the other $2 million. The sale comes after years of losses and multiple failed divestiture attempts.