
Trump Threatens EU with 'Substantial' Tariffs Over $1 Billion Google Fine
US President Trump threatens EU with new tariffs after EU fines Google $1 billion for violating digital market regulations, citing unfair trade practices.

US President Trump threatens EU with new tariffs after EU fines Google $1 billion for violating digital market regulations, citing unfair trade practices.
As quartas de final da Copa do Brasil Feminina foram sorteadas, com destaque para o clássico Flamengo x Fluminense. Outros duelos são Ferroviária x Bragantino, Internacional x Atlético-MG e Bahia x São Paulo.

Two US small businesses sue the Trump administration over new tariffs (up to 12.5%) on 60 economies, including South Korea, citing arbitrary imposition without clear rationale to address forced labor concerns.
Alison dos Santos (Piu) venceu a prova de 400m no Troféu Brasil, quebrando seu próprio recorde com 44s60, e emocionou-se com o apoio da família e do público.

South Korean President Lee Jae Myung arrived in San Francisco to meet global tech leaders, including OpenAI's Sam Altman and Nvidia's Jensen Huang, to discuss investment and cooperation. He will issue a "San Francisco AI declaration" outlining South Korea's AI vision and global cooperation, joined by Korean tech conglomerate heads.

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 Korean Justice Minister Jung Sung-ho has reportedly offered his resignation to President Lee Jae Myung amidst the ruling Democratic Party's move to strip the prosecution of its supplementary investigation rights, a reform Jung has publicly opposed due to concerns for victims.

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.

South Korean food and confectionery companies, including Nongshim, CJ Foodville, and BR Korea, are raising product prices by 5.8% to 6.5% due to increased costs from the Korean won's depreciation and rising oil prices linked to Middle East tensions.

Investigators are expanding their probe into the Shincheonji Church of Jesus, now examining allegations that followers were forced to join the ruling Democratic Party (DP) to aid property conversion approvals, in addition to previous suspicions of influencing the main opposition People Power Party (PPP) primaries and elections.

Samsung Heavy Industries Co. announced a 4.9% increase in its second-quarter net profit, reaching 222.8 billion won, driven by higher-margin vessels like LNG carriers and enhanced productivity. Operating profit surged 58.7%, and sales rose 20.4%. The company plans to integrate digital, AI, and robotics technologies for future growth.

Seoul stocks plunged nearly 6% on Friday, ending a three-day winning streak, as escalating Middle East tensions and a bearish outlook for the semiconductor sector sapped risk appetite. The KOSPI's sharp decline triggered a five-minute trading suspension.

North Korea's foreign ministry accused South Korea, the U.S., and Japan of exploiting the recent ASEAN forum in the Philippines to incite hostility, promote a U.S.-led security bloc, and push for denuclearization, which Pyongyang asserts is "irreversibly concluded."

South Korea's ruling Democratic Party adopted a revision to the Criminal Procedure Act, making it official party line to strip the prosecution of its direct investigation rights, including supplementary investigations. The party also plans to establish a dedicated team within the serious crimes investigation agency for vulnerable victims, with the bill expected to be voted on next Thursday.

Rep. Kwon Young-jin of South Korea's main opposition People Power Party apologized after reportedly grabbing floor leader Jeong Jeom-sig by the collar during a heated protest over parliamentary committee assignments. The incident drew strong condemnation from party officials, who hinted at disciplinary action against Kwon.

South Korean President Lee Jae Myung has decided to forgo his summer vacation this year, opting instead to focus on "sales diplomacy" during an 11-day trip to San Francisco, Brazil, Chile, Argentina, and Germany.

Woori Financial Group announced a 7.4% increase in its second-quarter net profit to 1 trillion won (US$682 million), driven by rises in both interest and non-interest income. This also marks a 66% rise from the previous quarter.

South Korean Veterans Minister Kwon Oh-eul marked his first year by pledging to expand compensation for war veterans' surviving families and independence activists' descendants. He also highlighted Daejeon's selection to host the 2029 Invictus Games, the first Asian city to do so.

South Korea will keep fuel price caps unchanged for four weeks, citing renewed US-Iran tensions in the Middle East and domestic inflation. The decision aims to shield the economy and consumers from global oil price volatility.

The China Coast Guard used water cannons and dangerous maneuvers against multiple Philippine vessels near Huangyan Island (Scarborough Shoal) on July 24, leading to a standoff between 10 Philippine and 15 Chinese ships.

Seoul stocks experienced a sharp decline of nearly 6% on Friday, ending a three-day winning streak, as escalating tensions in the Middle East dampened investor risk appetite. The KOSPI fell 406.27 points, triggering a five-minute suspension of program trading.

SSG Landers' Choi Jeong, South Korean baseball's all-time home run king, will undergo season-ending hip surgery on August 11 in Colorado, U.S., after a diagnosis of femoroacetabular impingement, with an expected six-month recovery period.

A South Korean appellate court ordered SK Group Chairman Chey Tae-won to pay 944 billion won (US$644 million) in property division to his former wife, Roh Soh-yeong, in a high-profile divorce case, following a Supreme Court remand for review.