The Seoul Central District Court found Yoon guilty of violating political funding laws by receiving free polling services and influencing a nomination in return. This ruling can be appealed, and Yoon is currently involved in eight legal cases, including an appeal against a life sentence for insurrection.
South Korea President Lee Jae Myung announces plans for a 'future response fund', Seoul shares plummet 9% amid Middle East tensions, and former President Yoon Suk Yeol is sentenced to 2 years in prison
An off-duty firefighter was arrested in Hong Kong after surrendering to police following a viral video showing him assaulting a young couple in a shopping centre. The 48-year-old man allegedly shoved and shouted at the couple, claiming they bumped into him.
South Korea, the US, and Japan have signed an MOC to jointly enter the global Small Modular Reactor (SMR) market, leveraging South Korea's manufacturing and construction expertise, the US's advanced technology, and Japan's experience. This move is seen as a strategic response to China and Russia's price-competitive approach in the nuclear power market, aiming to offer a competitive alternative in the growing Asia-Pacific region.
An Adelaide home was vandalized with antisemitic graffiti on Saturday morning. The Jewish Community Council of South Australia condemned the act, calling it "un-Australian." Police are investigating, with CCTV footage showing two individuals approaching the property.
Oil prices soared and Asian stocks plummeted after the US launched new strikes against Iran, escalating tensions over the Strait of Hormuz. Brent crude rose 4.7%, while markets like South Korea's Kospi dropped 8%. Chip companies were severely hit.
South Korea anticipates collecting at least 500 trillion won ($332 billion) in taxes next year, a record sum, according to Budget Minister Park Hong-keun. The government plans to establish a "future response fund" for sustainable growth, investing in the younger generation, regional economies, and talent, while also setting next year's spending at around 800 trillion won.
A South Korean government task force has launched 20 measures to address stalking and dating violence, including strengthening laws, enhancing interagency collaboration, expanding victim support, and raising awareness. The initiative follows a high-profile stalking murder case.
Senator Lindsey Graham, 71, died Saturday night from arteriosclerotic cardiovascular disease after a brief illness. He had just returned from Ukraine. The FBI is assisting local authorities, though his death is not considered suspicious. President Trump stated Graham sounded "fine" hours before his passing.
South Korea's special counsel team has summoned former first lady Kim Keon Hee for questioning regarding alleged irregularities in the 2022 relocation of the presidential residence. She is suspected of involvement in selecting the construction company, 21 Gram, due to past ties.
Chip stocks, led by South Korea's SK Hynix, experienced steep losses triggering circuit breakers. Oil prices rose amid US-Iran exchanges of strikes over the weekend. Reporting season begins with major companies like JPMorgan and Netflix.
South Korea faces an electricity shortage challenge due to its ambitious "mega project" initiative for semiconductors and AI, requiring significant new power generation. The government is reconsidering nuclear power as a solution, despite past phase-out efforts, due to its reliability for energy-intensive industries.
Hong Kong's weather forecaster may issue a No 1 typhoon signal between Monday evening and Tuesday morning due to a low-pressure system approaching from the South China Sea. Heavy rainstorms, thunderstorms, and squalls are expected on Tuesday, with potential flooding in low-lying areas.
Josh Adams views Wales' upcoming Nations Championship match against South Africa in Durban as a crucial benchmark for their development under Steve Tandy. Following a defeat to Argentina, Adams emphasized the need for physicality and intensity against the world champions.
Tom Kim has jumped 33 spots to No. 33 in the men's world golf rankings after winning his first PGA Tour title at the Genesis Scottish Open. The 24-year-old's victory marks a significant comeback after a slump that saw his ranking fall to No. 107 in January.
Sen. Lindsey Graham's sudden death triggers a scramble for his Senate seat in South Carolina, with Gov. Henry McMaster to appoint a temporary replacement and a special primary set for August, complicating federal election timelines.
Princess Anne and her husband, Vice Adm. Sir Tim Laurence, will visit South Korea for three days starting Monday to commemorate the 75th anniversary of key Korean War battles and honor British sacrifices. She will attend a ceremony in Busan and visit Ulsan to observe bilateral cooperation, and pay a courtesy call on President Lee Jae Myung.
South Korea's KOSPI index halted trading for 20 minutes on Monday after plunging over 8% due to renewed Middle East tensions following strikes between the US and Iran over the Strait of Hormuz. This marks the seventh circuit breaker activation this year.
South Carolina's political scene is in flux following Senator Lindsey Graham's unexpected death. Governor Henry McMaster must appoint a temporary replacement for Graham's Senate seat, while a special primary election is set to select a new Republican nominee for the upcoming general election, sparking a contest among ambitious conservatives.
China summoned Japan's envoy and protested after Tokyo joined 13 other countries in reaffirming a 2016 ruling rejecting Beijing's South China Sea claims. China accused Japan of interfering and undermining regional stability.
South Korea's Kospi index plunged 7% on Monday due to rising Middle East geopolitical tensions and concerns over AI stock valuations. Oil prices surged, strengthening the US dollar and increasing interest rate hike bets. Tech stocks led the decline in Seoul, with SK Hynix and Samsung Electronics falling sharply.
Two firefighting planes were sent to the Paris region to combat a large, "virulent" wildfire in the Fontainebleau forest. The blaze has spread across 800 hectares, disrupting traffic on a major highway during a summer heatwave.
South Korea's top three department stores, Hyundai, Shinsegae, and Lotte, achieved record first-half sales from foreign shoppers, totaling over 1.73 trillion won. This surge, driven by K-fashion and K-content, saw a diversification of the customer base beyond China to include North America and Europe.
The sentencing hearing for Daniel Billings, who pleaded guilty to murdering Molly Ticehurst, has been moved to September 3-4. This change allows forensic psychiatrist Olav Nielssen to provide evidence via video link, as he would have been unavailable on the original dates.
