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The Latest Breaking News from South Korea

KT&G: "World's Largest Asset Manager BlackRock Increases stake from 5.01% to 6.15%"

SEOUL, South Korea, June 11, 2026 /PRNewswire/ -- KT&G (KRX: 033780) announced on the 10th that BlackRock Fund Advisors, the world's largest asset manager, has acquired a 6.15% stake in the company for investment purposes.

AAP

Cynosure Lutronic's XERF™, Worldwide Adoption Accelerates, Now 3x Faster

SINGAPORE, June 11, 2026 /PRNewswire/ -- Cynosure Lutronic's XERF™, the world's first multifrequency monopolar RF device for non-invasive structural skin tightening, has surpassed 2,000 installed units worldwide in less than 2 years after launching in Korea in May 2024, with the second 1,000 installations achieved 3X faster than the first.

AAP

North Korea, China claim wins from Xi visit, but limits remain

Chinese President Xi Jinping visited North Korea, with both nations claiming significant gains. The trip boosted North Korean leader Kim Jong Un's international standing and deepened Pyongyang's alignment with Beijing. Discussions focused on cooperation, sidestepping sensitive topics like denuclearization and the United States. This visit marks a shift in regional…

The Economic Times

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South Korea fines Coupang $409 million in country's largest data breach penalty

The Personal Information Protection Commission said the New York-listed company had leaked personal data of more than 33 million customers and failed to detect the breach within the 72 hours required by the law.

The Economic Times

In ageing South Korea, AI dolls care for the elderly

YONGIN, South Korea - In her tiny apartment in South Korea, where she lives alone, 78-year-old Bang Chun-ja spends her days with a childlike AI-powered doll she says she prefers to people.

Bangkok Post

Kospi tanks 9% in just two sessions! What’s causing bloodbath in 2026’s top market?

South Korea’s KOSPI has plunged 9% in two sessions after a strong 2026 rally, as AI-driven semiconductor stocks face profit booking. Rising U.S. inflation, geopolitical tensions in West Asia and leveraged ETF volatility have intensified the sell-off, raising concerns that the AI-led rally may have outpaced fundamentals.

The Economic Times

Peace hopes steady Europe before expected ECB rate hike

European shares have risen on reports of ongoing talks between the US and Iran, while the euro is flat before a likely rate hike by the EU's central bank.

AAP

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South Korea vs. Czechia—World Cup: Preview, Predictions and Lineups

South Korea and Czechia will go head-to-head at the historic Estadio Akron in Zapopan, Mexico.

Sports Illustrated

ToolGen Opens Advanced Field Testing Facility in Osong, Completing 'Bench-to-Field' Commercialization Platform for Global SAF and Industrial Crop Markets

CHEONGJU, South Korea, June 11, 2026 /PRNewswire/ -- ToolGen, Inc. (CEO Dr. Jong-Sang Ryu, KOSDAQ: 199800), a pioneer in CRISPR-Cas9 genome-editing technology, announced the successful inauguration of its advanced Genome-Edited Crop Field Testing Facility and the hosting of its Open Innovation Mini-Symposium at the Osong Innovation Circle in Cheongju, South…

AAP

World Cup what to know: Mexico kicks off a supersized, 48-team tournament

After years of preparation, a supersized World Cup has finally arrived

The Independent UK

'Partners and friends’: Trade and defence top of agenda at EU-South Korea summit

As security threats grow and geopolitics shift, the European Union and Republic of South Korea have celebrated a new Digital Trade Agreement at a summit in Brussels.

Euronews

The Road to Azteca: Mexico's Full 2026 World Cup Schedule, Group Matchups, and Kickoff Times

Mexico will play the group stage of the 2026 FIFA World Cup in Group A, alongside South Africa, South Korea and Czechia. According to current fixture listings for Group A, matches will be played between 11 and 24 June 2026 in the host cities of Mexico City and Guadalajara in…

Latin Times

Watch: Batteries, microchips, and K-Pop—what's at stake at the EU-Korea Summit

European leaders António Costa and Ursula von der Leyen are hosting South Korean President Lee Jae Myung for the EU-Republic of Korea summit. Why it is important?

Euronews

Newsletter: From K-pop to K2 tanks, South Korea flexes in Europe

South Korean President Lee Jae Myung visits the Belgian capital on Wednesday for a highly anticipated EU-South Korea Summit. Onlookers expect a buffet of East Asian strength on display, ranging from K-pop toppers to military might, and closer Brussels-Seoul relations.

Euronews

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The Economic Times

Saurabh Mukherjea’s global strategy: How Marcellus is hunting compounder stocks across 4 multi-trillion dollar megatrends

Saurabh Mukherjea of Marcellus is avoiding AI giants like Nvidia, instead focusing on companies enabling AI's physical infrastructure. His strategy targets turbine manufacturers, chip equipment makers, and industrial distributors, alongside defence and aerospace firms like Airbus, and ultra-luxury brands, driven by distinct megatrends.

The Economic Times

Kospi selloff resumes, tanks nearly 4% as AI unwinding continues; Iran war uncertainty dents mood

South Korean stocks fell sharply on Wednesday, with the benchmark KOSPI dropping up to 3.6%, as semiconductor shares resumed their decline and investor sentiment was hit by a U.S. strike on Iran. The selloff underscored concerns about the market's reliance on a handful of chipmakers that have powered this year's…

AAP

Citrea's Token (CTR) Now Live on UPbit and Bithumb

GEORGE TOWN, Cayman Islands, June 9, 2026 /PRNewswire/ -- Citrea, the Bitcoin application layer backed by Founders Fund and Galaxy Ventures, announced that CTR, its coordination asset for the Bitcoin economy, is now available for trading on UPbit and Bithumb, South Korea's largest cryptocurrency exchanges. UPbit opened CTR/BTC and CTR/USDT…

Bangkok Post

Park Ji-hoon's 'Asia FanCon' coming to BKK

Following the success of the historical film, The King's Warden -- which became South Korea's highest-grossing film of all time in terms of revenue -- Park Ji-hoon's popularity as a leading actor has skyrocketed.

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Barchart

Jensen Huang Was in South Korea to Dominate the AI Ecosystem. Here Is Why You Should Buy Nvidia Stock Now.

Nvidia's CEO meeting with executives in South Korea suggests he is one step ahead of the competition when it comes to securing the right supply chains.

International Business Times

AI Chip Rally Leaves Asia's Fund Managers Struggling To Keep Pace

The dominance of Taiwan and South Korean chipmakers has intensified concentration risks across Asian equity markets and altered how professional investors build portfolios.

The Independent UK

Xi Jinping and Kim Jong Un pledge to ‘resist US aggression’ during rare North Korea summit

Xi and Kim pledge to keep ‘resisting US aggression and aiding Korea’

The Economic Times

Explained: How AI mania has thrown India Inc out of MSCI EM's top 10 and world's top 100 list

Indian companies are no longer in the top 10 of the MSCI Emerging Markets Index. A surge in AI stocks has shifted global capital. Taiwan and South Korea's chipmakers now dominate the index. Reliance Industries and HDFC Bank have fallen in global rankings. India's market weight has hit a six-year…

The Economic Times

India's biggest trade bet comes with six red flags

India may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Research Initiative (GTRI) warns that while free trade agreements have become a cornerstone of India's trade strategy, the country is grappling with six persistent challenges…

The Guardian - UK

Chip stocks bouncing back on Wall Street and South Korea; UK investigating Paramount-Warner Bros merger – as it happened

Rolling coverage of the latest economic and financial news, as the AI trade bounces back

The Economic Times

Ghayal hoon isiliye ghatak hoon! Why a global tech crash could be the right medicine for wounded Nifty bulls

Global capital flows are shifting away from semiconductor-heavy markets like South Korea and Taiwan. This tech-led meltdown presents an opportunity for India. Foreign investors may return to Indian markets, which are seen as a diversified domestic-economy-led alternative. This shift could lead to an explosive rally for Indian stocks.

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