South Korea’s Kospi index jumps more than 15%
A currency trader talks on the phone at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Thursday, July 30, 2026. (AP Photo/Ahn Young-joon)
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A currency trader talks on the phone at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Thursday, July 30, 2026. (AP Photo/Ahn Young-joon)
Michelle Park Steel, the new US ambassador to South Korea, on Friday called for joint efforts to write the "next chapter" in the Seoul-Washington alliance, stressing that the decadeslong partnership should remain "results oriented" and "forward leaning."
President Lee Jae Myung said Thursday that South Korea and Chile can create significant synergy in areas from critical minerals and advanced manufacturing to the defense industry, if they join hands.
South Korea's industrial output rebounded in June from a month earlier, snapping two months of decline led by the automobile and semiconductor industries, data showed Friday, with retail sales and facility investment also gaining ground.
South Korea's chip heavyweights SK Hynix and Samsung Electronics soared more than 20% in Seoul on Friday, tracking a sharp rally in U.S. technology stocks after blockbuster earnings from Amazon and Microsoft revived optimism around artificial intelligence spending.
SEOUL, July 31 (Yonhap) -- South Korea's bourse operator on Friday activated a buy-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the stock index rose sharply, fueled by tech gains.
SEOUL, July 31 (Yonhap) -- LG Twins starting pitcher Im Chan-kyu had been in self-denial for much of July, telling himself he was not feeling any pressure to drag his struggling Korea Baseball Organization (KBO) club out of their summer swoon.
Command roles at Rimpac show Tokyo and Seoul can work together militarily, but history caps how far ties can go
Command roles at Rimpac show Tokyo and Seoul can work together militarily, but history caps how far ties can go
The engineering feat marks the longest continuous underwater excavation achieved by a drilling machine of its kind, state media reports
The engineering feat marks the longest continuous underwater excavation achieved by a drilling machine of its kind, state media reports
SEOUL, July 31 (Yonhap) -- Michelle Park Steel, the new U.S. ambassador to South Korea, on Friday called for joint efforts to write the "next chapter" in the Seoul-Washington alliance, stressing that the decadeslong partnership should remain "results oriented" and "forward leaning."
KIMA Week, an annual marine leisure festival held in Busan since 2013, runs through August, featuring a mix of beachside events, water sports and a national rowing competition. The festival is co-hosted by the Ministry of Oceans and Fisheries and the Busan Metropolitan Government and organized by the Korea Marine Le…
SEOUL, July 31 (Yonhap) -- South Korea plans to launch a new sovereign wealth fund next year with the goal of making long-term investments in cutting-edge and strategic industries, the finance ministry said Friday.
SANTIAGO, July 30 (Yonhap) -- President Lee Jae Myung said Thursday that South Korea and Chile can create significant synergy in areas from critical minerals and advanced manufacturing to the defense industry, if they join hands.
SEOUL, July 31 (Yonhap) -- South Korea's industrial output moved up in June from a month earlier, data showed Friday, with retail sales and facility investment also gaining ground.
Tumblers have evolved from a lifestyle trend into an everyday necessity, with most consumers using them several times a week, according to a survey by Thermos Korea and Gallup Korea.
Sarah Rogers says Asia would remain a priority for US-funded broadcasters, despite continuing turmoil and reduced operations at the agency
Sarah Rogers says Asia would remain a priority for US-funded broadcasters, despite continuing turmoil and reduced operations at the agency
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AdvertisementAdvertisementNEWSCMP China SeriesPLA 99th AnniversaryAs the People’s Liberation Army marks its 99th anniversary on August 1, one year from the deadline for its centenary goals, its evolution highlights the past, present and future of China’s military strategy. Updated: 31 Jul, 2026Advertisement[1]The PL…
AdvertisementAdvertisementNEWSCMP China SeriesPLA 99th AnniversaryAs the People’s Liberation Army marks its 99th anniversary on August 1, one year from the deadline for its centenary goals, its evolution highlights the past, present and future of China’s military strategy. Updated: 31 Jul, 2026Advertisement[1]The PL…
KUMAMOTO, Japan — Residents in southwestern Japan camped in classrooms and vehicles Thursday, stocked up on water and tried to get back to normal, two days after a powerful quake set off an explosion at a mall, toppled a factory chimney and flattened homes in a disaster that killed at least 25 people.
BEIJING — One of the Chinese economy's few growth drivers lost steam in July, according to the latest survey of businesses by China Beige Book.
From revolutionary group to hi-tech machine, the PLA’s transformation has been a long pursuit of strength and self-reliance
From revolutionary group to hi-tech machine, the PLA’s transformation has been a long pursuit of strength and self-reliance
Partisanship over new envoy hurts national interest: New U.S. Ambassador Michelle Steel begins her post in Korea amid airport protests, ending a long vacancy and raising stakes for alliance diplomacy.
From Busan to the world: A new chapter for global heritage cooperation: Busan Declaration signals new era for UNESCO heritage
Demographic threshold: 'Superaged' South Korea must redesign labor, welfare, growth for an irreversibly older society
The plant will be operated by a special purpose company with biomass fuels sourced largely from Southeast Asia. (Erex)
Renesas Electronics and Tokyo Electron are recovering from the July 28 Kumamoto earthquake. (Source photos by Shotaro Mori)
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Sales of the iPhone, Apple's main revenue driver, climbed 21.7% in the June quarter. © Reuters
Far from stifling development, China’s export portfolio indicates a positive-sum diffusion of industrial growth
Far from stifling development, China’s export portfolio indicates a positive-sum diffusion of industrial growth
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A miniature human liver created with 3D printing technology, which allows researchers to check the effect of drugs outside of the body. (Photo by Shintaro Ino)
The U.S. and Japan appear to have worked together to stem the yen's slide against the dollar. (Photo by Akira Kodaka)
Chinese Vice Premier He Lifeng, left, spoke with U.S. Treasury Secretary Scott Bessent on July 30. (Nikkei montage/Source photos by Reuters)
For over a decade, I’ve navigated the complexities of North Korean affairs, security, and foreign policy from both Seoul and Washington, D.C. As the National Desk Political Team Lead, I track the pulse of geopolitics, closely following developments from the Unification Ministry and the Foreign Ministry. My mornings …
US President Donald Trump may have caused considerable hardship for South Korea, from threats of punitive tariffs to demands for increased defense spending. Yet there is one positive outcome for Korea stemming from his America First policy: making President Lee Jae Myung more pragmatic. Faced with mounting pressure …
Two Shanghai companies and a Chinese executive targeted as Washington expands pressure campaign from Iranian oil to aviation and cargo
Two Shanghai companies and a Chinese executive targeted as Washington expands pressure campaign from Iranian oil to aviation and cargo
United Nations Security Council started the process on Thursday to pick its new secretary general as successor to Antonio Guterres
Japanese Prime Minister Sanae Takaichi, front row, center, and members of her new cabinet pose for a photo at the Prime Minister's Office in Tokyo on Feb. 18. © Reuters
Published 31 July 2026 5:35am
The US Treasury Department on Thursday imposed sanctions on six entities and individuals in China, India, Russia and Iran accused of supporting Iran’s Mahan Air, which Washington says has long facilitated the movement of IRGC-Quds Force personnel, weapons and military equipment.
Israel and China rarely view Middle East security through the same strategic lens. Their approaches to Iran, the United States, regional alliances and the international order often point in different directions.
The new motor no longer needs the neodymium contained in earlier versions. (Mitsuba)