Bill Gates to visit South Korea in September for meetings with PM Han Seong-sook, discussing potential AI and nuclear tech collaborations.
A consortium led by former MLB pitcher Park Chan-ho (Team61) invests $70M in the relocating Athletics, marking the first South Korean investment in an MLB team, aiming to foster US-South Korea ties and promote youth baseball.
A magnitude 7.1 earthquake in Japan results in no reported South Korean casualties; Seoul's government and consulate in Fukuoka monitor the situation, with President Lee Jae Myung offering condolences and solidarity.
Korea Aerospace Industries (KAI) reports a 35.2% drop in Q2 net profit to 37 billion won due to delayed revenue recognition from aircraft orders, despite a 41% increase in sales to 1.16 trillion won.
Korean American actor Ken Jeong joins Team61, led by former MLB pitcher Park Chan-ho, in a $70M investment in the Oakland Athletics, set to relocate to Las Vegas in 2028, marking the first South Korean-led MLB investment.
Manchester City excludes FIFA World Cup stars Rodri (Spain) and Erling Haaland (Norway) from their Asian tour squad, citing required rest after reaching the quarterfinals. The team, under new coach Enzo Maresca, will play in Hong Kong and Seoul without them.
South Korea's Financial Services Commission (FSC) Chairman Lee Eog-weon apologized for failing to meet public expectations amid extreme market volatility, exacerbated by single-stock leveraged ETFs. The FSC announced measures to stabilize the market, including a hike in minimum cash deposits for ETF investments and potential caps on ETF investments within individual portfolios.
South Korea's FSC plans to introduce a consolidated Digital Asset Basic Act covering stablecoins and cryptocurrency, amid 10 pending bills. Separately, an opposition bill to repeal the upcoming 20% crypto income tax heads for review.
South Korea will play friendly matches against Venezuela (Oct 2) and Uzbekistan (Oct 6) during the FIFA international match window, amid a coaching vacancy and recent FIFA ranking drops for both teams.
South Korea's finance ministry considers capping single-stock leveraged ETFs at 20% of retail investors' portfolios to reduce stock market volatility.
The 48th UNESCO World Heritage Committee session in Busan, South Korea, added 25 new sites to the global heritage list, including Japan's Asuka-Fujiwara capitals and France's Normandy D-Day beaches, bringing the total to 1,273 properties across 173 countries.
South Korea's Navy participation in the US-led RIMPAC exercise (June 24-July 31) strengthened its capability to lead combined maritime operations, according to Rear Adm. Kim In-ho, who commanded the combined maritime component forces.
A South Korean national team trap shooter has been removed from the Asian Games roster after police found 818 shotgun shells in his car, exceeding the 400-round limit. He withdrew from a competition in China and was questioned by police.
South Korean golfer Jenny Shin, 33, wins the ISPS Handa Women's Scottish Open, her first LPGA Tour victory since 2016, overcoming a 'rough patch' in her career by rediscovering her love for the game.
An international team led by Dr. Koh Gou-young discovers arachnoid fenestrations, tiny openings in the brain's protective membrane, enabling cerebrospinal fluid to drain into lymph nodes, shedding light on waste clearance crucial for preventing neurodegenerative diseases like Alzheimer's.
Major chip stocks fell sharply in the US and Asia as investors sold AI-related shares. South Korea’s Kospi was briefly halted after an 8% drop, while Nvidia’s decline helped Apple regain the top spot.
9 South Korean sports federations, locked out of their Olympic Park offices by election fraud protesters since June 5, appeal to authorities for help to resume operations ahead of the Aichi-Nagoya Asian Games.
KB Kookmin Bank to introduce blockchain-based cross-border payment service via JPMorgan's Kinexys network in August, initially supporting USD transfers across 10 countries.
South Korea's weather agency issues highest-level heat wave warnings for southeastern parts, including Daegu, Gyeongsan, Cheongdo, Pohang, and Gyeongju, with temperatures reaching up to 38.4°C on July 26.
South Korean President Lee Jae Myung urges expansion of US-Korea alliance into tech, innovation, and startups, leveraging US venture capital and Korea's advanced manufacturing.
Foreign Minister Cho Hyun sought to deepen cooperation with regional partners at ASEAN-led meetings in Manila, addressing security and economic challenges. However, North Korea's absence from the ARF and limited exchanges with China and Russia highlighted a divided regional landscape.
South Korea's defense ministry disciplined former senior officers, including dismissing two commanders, for the 2023 death of Marine Cpl. Chae Su-geun during a flood rescue without safety gear. Separately, a special counsel requested a five-year prison sentence for former 1st Marine Division commander Lim Seong-geun in an appeals trial.
South Korea's military is investigating unauthorized access to its Picture Archiving and Communication System (PACS) that exposed soldiers' medical records late last year. The breach, affecting 8GB of data, was discovered in April, prompting system shutdown and a joint probe. Disciplinary action is sought against three officers.
A former professor in Seoul, Lee M, has been sentenced to 3.6 years in jail by South Korea's Supreme Court for coercing his students to write research papers and fabricate data for his daughter's high school and university admissions between 2012 and 2018. His daughter also received a suspended sentence.
