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Seoul Shares Open Higher Tracking US Gains
BusinessKorea Herald4h ago

Seoul Shares Open Higher Tracking US Gains

Seoul shares opened higher on Tuesday, tracking overnight gains on Wall Street as investors engaged in bargain hunting amid lingering uncertainty over the Middle East and an AI-backed rally.

Overseas Korean Dancers Showcase at Annual Festival
CultureKorea Herald5d ago

Overseas Korean Dancers Showcase at Annual Festival

The 23rd Korea World Dance Stars Festival will feature Korean dancers from international stages, including major European ballet companies and Japan's Dairakuda butoh troupe, at the Naru Arts Center in Seoul.

Trump Links Saudi Nuclear Deal to Abraham Accords Membership
WorldAl JazeeraFox Newsyle-uutiset+12ukrainska-pravdairozhlasEL PAISThe Independentindex-hrjutarnji-listla-vanguardiaTimes of India+4 more9d ago15 sources

Trump Links Saudi Nuclear Deal to Abraham Accords Membership

Former President Trump stated that a nuclear agreement between the US and Saudi Arabia would not proceed unless Saudi Arabia normalizes relations with Israel by joining the Abraham Accords. This condition has generated discussion and opposition in both Israel and the US Capitol.

Seoul Police Apprehend 40 Alleged Gang Members
WorldKorea Herald10d ago

Seoul Police Apprehend 40 Alleged Gang Members

Seoul police have arrested 40 alleged members of four organized crime groups on charges including participation in a criminal organization and violent assault, signaling a return of 1950s gang legacies.

Michelin-Starred Chef Faces Jail for Serving Ants in Dessert
CultureBBCThe Guardiannos+21ruvaftonbladetSCMPrzeczpospolitatelextvn24de-volkskrantel-mundo+13 more12d ago24 sources

Michelin-Starred Chef Faces Jail for Serving Ants in Dessert

The owner of a Michelin-starred restaurant in South Korea is facing a potential jail sentence for serving ants as a garnish in a dessert. Authorities are investigating the use of the insects in the dish.

South Korea Expresses Concern Over New US Student Visa Policy
WorldKorea Herald13d ago

South Korea Expresses Concern Over New US Student Visa Policy

South Korea has urged the US government to ensure that new restrictions on international student and foreign journalist stay periods do not hinder people-to-people exchanges between the two countries. The foreign ministry is seeking cooperation to prevent unfair infringements.

Wall Street Banks See Record AI Stock Trading Amid Inflation Slowdown
BusinessbloombergFTmarketwatch+11delfi-ltindex-hrYahoojutarnji-listiefimeridaklix-baKorea Heraldnaftemporiki+3 more19d ago14 sources

Wall Street Banks See Record AI Stock Trading Amid Inflation Slowdown

Wall Street banks are experiencing record trading volumes in AI-related stocks, contributing to a market rally. This surge comes as a slowdown in inflation has prompted cautious optimism among investors.

Ulsan Joins SK's Initiative to Train AI Talent
BusinessKorea Herald19d ago

Ulsan Joins SK's Initiative to Train AI Talent

Ulsan, in collaboration with SK AX, has launched the SK AI Leader Academy to nurture industry-ready artificial intelligence professionals outside the Seoul metropolitan area through an employment-linked AI training program.

SK Hynix Shares Tumble After Massive Share Sale and Chip Stock Decline
BusinessbloombergSCMPmarketwatch+4Yahoohindustan-timeschannel-news-asiazerohedge21d ago7 sources

SK Hynix Shares Tumble After Massive Share Sale and Chip Stock Decline

SK Hynix shares tumbled significantly in Seoul following a massive $26.5 billion share sale and a broader decline in semiconductor stocks. This downturn has impacted other major chip players like Nvidia, AMD, and Micron, raising concerns about the industry's outlook.

AI's Impact on Songwriting Explored in Seoul
TechnologyKorea Herald21d ago

AI's Impact on Songwriting Explored in Seoul

Artificial intelligence is increasingly affecting popular music, with its proliferation complicating professional songwriting. Digital audio workstations used by songwriters now incorporate AI functionalities.

Global Stock Markets Fall Amid War Fears and Tech Sector Decline
Worldla-repubblica21d ago

Global Stock Markets Fall Amid War Fears and Tech Sector Decline

Global stock markets experienced declines on July 13, with Seoul plunging due to a collapse in the tech sector and chip producers like Samsung and SK hynix. Milan and other European markets also opened lower, driven by fears of war, while oil prices rose.

Heat Wave Persists Across South Korea
EnvironmentKorea Herald22d ago

Heat Wave Persists Across South Korea

A suffocating heat wave is expected to continue across most of South Korea through Monday, with tropical nights recorded in Seoul and Incheon reaching a low of 27.6 C.

SK Hynix Raises Record $26.5 Billion in US IPO
BusinessBBCbloombergNYT+30FTThe GuardianAl Jazeeracnbclsm-lvSCMPla-repubblicarzeczpospolita+22 more24d ago33 sources

SK Hynix Raises Record $26.5 Billion in US IPO

South Korean chipmaker SK Hynix successfully raised a record $26.5 billion in its US initial public offering, marking a significant debut for the company and testing investor appetite for AI-related stocks.

South Korea Braces for Severe Heat Warning Amid Ongoing Deadly Heatwave
HealthThe GuardianTimes of India2h ago2 sources

South Korea Braces for Severe Heat Warning Amid Ongoing Deadly Heatwave

South Korea continues to grapple with a deadly heatwave, with Seoul bracing for its first severe heatwave warning. Authorities are taking measures like dousing roads and checking on vulnerable people, following record-breaking temperatures of 42.5°C and emergency heat alerts.

Madonna and Kylie Minogue Perform at WorldPride Amsterdam
Culturevarietyiefimeridabillboard7h ago3 sources

Madonna and Kylie Minogue Perform at WorldPride Amsterdam

Madonna and Kylie Minogue performed together at WorldPride in Amsterdam, with reports indicating they will release a joint track titled 'Love Sensation (Afterhours Mix).' This event also coincided with other celebrity appearances, including Charlize Theron and Matt Damon premiering 'The Odyssey' in Seoul.

Oil Prices Fluctuate as Hormuz Strait Traffic Recovers
Worldcnbcindex-hrKorea Herald+1mkd-mk3d ago4 sources

Oil Prices Fluctuate as Hormuz Strait Traffic Recovers

Oil prices are fluctuating as traffic through the Hormuz Strait recovers, tempering the war premium that had previously driven prices up. Seoul is also weighing options for contributing to stability in the region.

Big Tech Earnings Show AI Spending Spree and Apple Supply Constraints
BusinessBBCbloombergNYT+30FTThe GuardianNPRAl Jazeeradr-dkyle-uutisetcnbcfaz+22 more4d ago33 sources

Big Tech Earnings Show AI Spending Spree and Apple Supply Constraints

Major tech companies like Amazon and Microsoft reported strong earnings driven by significant investments in AI, while Apple warned of future supply constraints impacting Mac, iPhone, and iPad sales, leading to a projected slowdown in September-quarter growth.

Wall Street Reacts to Fed Decision, Tech Earnings, and AI Spending
BusinessBBCbloombergNYT+66FTwapoThe GuardianNPRAl JazeeraFox Newsnzzyle-uutiset+58 more4d ago69 sources

Wall Street Reacts to Fed Decision, Tech Earnings, and AI Spending

Wall Street experienced market fluctuations following the Federal Reserve's interest rate decision and new inflation figures. Major tech companies like Microsoft, Apple, and Meta reported earnings, with investor focus on AI spending and its impact on future growth.

South Korea Returns Qing Dynasty Lion Statues to China
WorldKorea Herald11d ago

South Korea Returns Qing Dynasty Lion Statues to China

South Korea held a ceremony marking the return of a pair of Qing Dynasty stone lion statues from a Seoul museum to the Chinese government. This event follows a document signed by the two countries six months prior.

Trump Approves Nuclear Agreement with Saudi Arabia
WorldbloombergNYTFT+59The GuardianNPRAl Jazeeracbccnbchelsingin-sanomatnostagesschau+51 more12d ago62 sources

Trump Approves Nuclear Agreement with Saudi Arabia

Reports indicate that President Trump has approved a nuclear agreement with Saudi Arabia, potentially allowing the kingdom to enrich uranium. This 30-year cooperation deal aims to facilitate the civil use of nuclear energy in Saudi Arabia.

Samsung Establishes New Robotics Division for Humanoid Robots
BusinesscnbcYahooklix-ba+3Korea Heraldchannel-news-asiaseeking-alpha13d ago6 sources

Samsung Establishes New Robotics Division for Humanoid Robots

Samsung Electronics has consolidated its robotics efforts into a new CEO-led division based in Seoul, signaling a strategic push into physical AI and humanoid robots, which has led to a rise in its share prices.

Putin Meets North Korean Foreign Minister Amid Diplomatic Push
WorldNPRThe IndependentKorea Herald+1newsbeast14d ago4 sources

Putin Meets North Korean Foreign Minister Amid Diplomatic Push

Russian President Vladimir Putin met with North Korea's foreign minister as part of a diplomatic push. This meeting comes amidst broader international engagements, including a separate meeting between Greece's Foreign Minister George Gerapetritis and South Korea's Foreign Minister in Seoul.

Homeplus Appeals Court Decision to End Rehabilitation
BusinessKorea Herald14d ago

Homeplus Appeals Court Decision to End Rehabilitation

South Korean retailer Homeplus has filed an appeal with the Seoul Bankruptcy Court against its decision to terminate the company's corporate rehabilitation proceedings, stating it has secured sufficient funding to continue restructuring.

Debate Over Radio Playing on Seoul City Buses
CultureKorea Herald20d ago

Debate Over Radio Playing on Seoul City Buses

A debate has emerged regarding the practice of playing radio or music from the driver's seat on Seoul city buses, with some commuters finding it bothersome despite passengers typically traveling in silence.

Seoul Extends Honorary Citizenship Nomination Period
WorldKorea Herald20d ago

Seoul Extends Honorary Citizenship Nomination Period

Seoul has extended the nomination period for its honorary citizenship program until July 24, inviting residents and organizations to recommend foreign nationals who have made significant contributions to the city.

Korean Air and Archer Aviation Partner for Military Air Taxi Development
BusinessKorea Herald23h ago

Korean Air and Archer Aviation Partner for Military Air Taxi Development

Korean Air is collaborating with US electric aircraft manufacturer Archer Aviation to transform its air taxi technology into a military transport platform. This partnership aims to develop solutions for troop deployment, medical evacuation, and rescue missions, as Seoul seeks to establish a presence in the emerging defense aviation sector.

South Korean Shares Soar on Chip Industry Optimism
BusinessBBCbloombergFT+13cnbcberlingskele-figaroSCMPNHK Worldrzeczpospolitamarketwatchjapan-times+5 more3d ago16 sources

South Korean Shares Soar on Chip Industry Optimism

South Korean stock markets experienced a significant surge, with the Kospi index jumping a record 18%, driven by renewed investor optimism in the chip industry. This rally follows a period of decline and signals a potential bottoming out for the market.

SK Hynix Shares Decline Amid Broader South Korean Tech Stock Rout
BusinessbloombergNYTFT+22The Guardiannzzyle-uutisetcnbchelsingin-sanomatberlingskele-figaroorf+14 more5d ago25 sources

SK Hynix Shares Decline Amid Broader South Korean Tech Stock Rout

South Korean technology stocks, particularly chip manufacturers, experienced significant declines amid growing skepticism about the AI market and an extended chip rout. SK Hynix shares were notably affected, deepening their decline due to an earnings miss, excessive leverage by retail investors, and fears of Chinese competition.

Tech Stocks Plummet in Asia and US Amid AI Jitters
BusinessBBCchannel-news-asia7d ago2 sources

Tech Stocks Plummet in Asia and US Amid AI Jitters

Technology stocks, particularly chip firms, experienced a significant rout in Asian markets like Seoul and Tokyo, as well as in the US. Investors are reportedly rattled by jitters surrounding the AI sector.

Chinese Chipmaker CXMT Soars in Shanghai Stock Market Debut
BusinessBBCbloombergNYT+29FTnzzyle-uutisetcnbchelsingin-sanomattagesschaufazberlingske+21 more7d ago32 sources

Chinese Chipmaker CXMT Soars in Shanghai Stock Market Debut

Chinese chipmaker CXMT experienced a spectacular stock market debut in Shanghai, with its shares surging by nearly 470%. This record-breaking performance briefly made it China's most valuable company, driven by strong demand for AI memory and a substantial IPO.

Seoul Seeks to Ease US Tensions Over Coupang Bias Claims
WorldKorea Herald8d ago

Seoul Seeks to Ease US Tensions Over Coupang Bias Claims

South Korea's top trade negotiator traveled to Washington to address US concerns regarding alleged discrimination against Coupang, a US-listed e-commerce giant, which has become a point of contention between the two allies.

US Imposes New Tariffs on 60 Trading Partners, Including EU and Nigeria
PoliticsbloombergNYTFT+66wapoThe GuardianNPRAl JazeeraFox Newsnzzyle-uutisetcbc+58 more10d ago69 sources

US Imposes New Tariffs on 60 Trading Partners, Including EU and Nigeria

The United States has imposed new tariffs on imports from 60 trading partners, including the European Union and Nigeria, with rates up to 12.5% over claims of forced labor. EU foreign policy chief Kaja Kallas expressed negative surprise at the move, while some articles also mention unrelated US strikes on Iran.

China's Rise as a Medical Aesthetics Hub
Healthchannel-news-asia11d ago

China's Rise as a Medical Aesthetics Hub

China is increasingly attracting overseas patients for cosmetic procedures, positioning itself as an alternative to South Korea due to natural-looking results, experienced doctors, and competitive prices.

Seoul Stocks Rise on Continued Chip Rally
BusinessmarketwatchKorea Herald12d ago2 sources

Seoul Stocks Rise on Continued Chip Rally

Seoul stocks ended higher for a second consecutive day, driven by an extended rally in chip stocks. This rebound reflects strong performance in the semiconductor sector.

Seoul Students Begin Summer Break
CultureKorea Herald12d ago

Seoul Students Begin Summer Break

Second-grade students at Jungpyeong Elementary School in Seoul excitedly marked the start of their summer holidays, as most schools across South Korea begin their summer break.

Seoul Shares Decline Amid Middle East Conflict Concerns
WorldKorea Herald14d ago

Seoul Shares Decline Amid Middle East Conflict Concerns

Seoul shares extended losses on Monday morning, primarily driven by a rout in semiconductor stocks, as escalating tensions in the Middle East renewed investor concerns over potential disruptions to global energy supplies.

Iran Targets Kuwaiti Infrastructure Amid Escalating Tensions with US and Gulf Allies
WorldAl JazeeraFrance 24die-presse+13publicodelfi-ltobservadoraktuality-skindian-expresscyprus-mailDawnjerusalem-post+5 more15d ago16 sources

Iran Targets Kuwaiti Infrastructure Amid Escalating Tensions with US and Gulf Allies

Iran launched new attacks on Kuwaiti infrastructure, including a power plant, and targeted Bahrain, signaling a further escalation of tensions with the United States and its Gulf allies. These actions follow previous direct strikes and have prompted responses from Kuwait and Bahrain, while Israel is set to receive more US refueling planes.

Seoul Records First Net Gain of Elementary Students in a Decade
CultureKorea Herald16d ago

Seoul Records First Net Gain of Elementary Students in a Decade

Seoul has experienced a net inflow of elementary school students in 2025, marking the first such increase in ten years. This demographic shift is primarily attributed to families relocating to districts featuring new housing developments and highly regarded schools.

North Korea threatens Seoul over RIMPAC exercise role
WorldKorea Herald17d ago

North Korea threatens Seoul over RIMPAC exercise role

North Korea denounced South Korea's prominent role in a recent US-led multinational maritime exercise, RIMPAC, warning that the drills would provoke "proportional countermeasures" from regional countries. The statement was carried by the Korean Central News Agency.

Fur is in at K-Pet Fair Seoul
Culture17d ago

Fur is in at K-Pet Fair Seoul

Dogs dressed in bows, bonnets and colorful outfits drew cameras and smiles Friday as K-Pet Fair Seoul opened at Coex in southern Seoul.

US Launches New Strikes on Iran, Iran Threatens to Block More Trade Routes
PoliticsBBCNYTFT+63le-mondewapoNPRAl JazeeraFox Newsnrkcbccnbc+55 more19d ago66 sources

US Launches New Strikes on Iran, Iran Threatens to Block More Trade Routes

The United States has carried out fresh strikes against targets in Iran, prompting Iran to threaten the closure of additional critical maritime trade routes. This escalation raises concerns about the potential impact on international shipping and regional stability.

Trump Threatens Strait of Hormuz Blockade, Demands Payment for Protection
PoliticsBBCbloombergThe Guardian+82NPRAl JazeeraFox Newsnzzcnbcruvtagesschauukrainska-pravda+74 more20d ago85 sources

Trump Threatens Strait of Hormuz Blockade, Demands Payment for Protection

President Trump announced the US would "take over" the Strait of Hormuz and reimpose a naval blockade, demanding compensation from allies for protection. This declaration followed recent tanker strikes and intensified US-Iran tensions, causing oil prices to jump.

Amorepacific unveils AI beauty lab in Seoul
BusinessKorea Herald21d ago

Amorepacific unveils AI beauty lab in Seoul

Amorepacific has opened its new flagship store, Amore Yongsan, in Seoul, featuring an AI beauty lab that offers personalized skincare solutions with a 'one face, one formula' approach.

Stock Markets Fall Amid Rising Middle East Tensions
BusinessKorea Heraldnaftemporikinewsbeast+1seeking-alpha21d ago4 sources

Stock Markets Fall Amid Rising Middle East Tensions

Stock index futures and the Athens Stock Exchange experienced downward trends at opening, reflecting nervousness in the shadow of rising tensions in the Middle East. Investors engaged in profit-taking, particularly around the 2,500-unit mark.

New Zealand and India Forge Strategic Partnership During Modi's Visit
WorldSCMPaktuality-skTimes of India+4hindustan-timesDawnjapan-timesexpress-tribune23d ago7 sources

New Zealand and India Forge Strategic Partnership During Modi's Visit

New Zealand and India have established a strategic partnership, aiming for stronger ties in trade, defense, and diplomacy. The agreement was celebrated during Prime Minister Modi's visit to Auckland, despite some criticism regarding his policy of not holding press conferences.