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The Latest Breaking News from South Korea

Rotten Insects, Viral Videos And Climate Change: S.Korea Battles 'Lovebug' Invasion

K-pop's BTS are grossed out by them. Even K-pop BTS idol RM is seen seemingly cursing upon spotting the insects in a viral video, with fellow bandmember Jin separately seen casually blowing a lovebug out of his way mid-performance.

International Business Times

South Korea sends back North Koreans who drifted on wooden boats across border

North Koreans sent back across their sea border after ‘failed efforts to contact Pyongyang’

The Independent UK

‘Punishing workers for getting old’: how South Korea’s wage system impoverishes the elderly

As nation moves to raise retirement age, new report warns the real problem isn’t when people retire, but how

The Guardian - AU

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Another baffling move from Trump, and yet the only thing he seems to be accomplishing is his own undoing

More tariffs for seemingly no reason.

We Got This Covered

DRAM prices are about to skyrocket — DDR4 and GDDR6 among formats that could increase in price by up to 45%

DRAM prices are set to rise sharply in Q3 2025, with legacy memory types like DDR4, LPDDR4X, and GDDR6 seeing the steepest increases of up to 45% due to supply cuts and phase-outs. The effect of U.S. tariffs on memory imports from Japan and South Korea is still to be…

Tom’s Hardware

U.S. imposes 25% tariffs on all products from Japan and South Korea — new measures could be a big hit for the memory industry

President Trump announced that starting August 1, the U.S. will impose a 25% tariff on all imports from Japan and South Korea, which threatens to disrupt global tech supply chains dominated by these countries.

Tom’s Hardware

Trump’s new tariffs: Who is hit, what’s next, how is the world responding?

Trump sent tariff letters to 14 countries including South Korea, Japan, Malaysia and Bangladesh.

Al Jazeera

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Samsung expects profit to halve as tariffs and export curbs bite

The South Korean company’s second-quarter operating profit is expected to be less than half of what the company reported last year.

Euronews

The tiny Swiss village struggling with its new Netflix fame

A picturesque Swiss village has begun charging tourists to access a lakeside dock made famous by the hit South Korean Netflix series "Crash Landing On You", capitalising on its newfound popularity. Iseltwald, home to just 406 inhabitants, now requires visitors to pay 5 Swiss francs (£4.40) via a turnstile to…

The Independent UK

Asia shrugs off Trump’s new tariff threat, as governments hope they can get a deal before Aug. 1

On Monday, Trump’s White House unveiled flat 25% tariffs on Japan and South Korea, two of the U.S.’s trading partners.

Fortune

FTSE 100 Live 08 July: Markets calm despite tariff threats, Shein IPO in focus

Asia stock markets closed higher and the FTSE 100 index today held its ground after President Trump issued letters warning of higher tariffs from 1 August.

Evening Standard

EU gets reprieve as Trump announces higher tariffs on Japan, South Korea

The European Union will not face higher tariffs from the United States, unlike several other countries that received letters from US President Donald Trump Monday informing them of sharply higher tariffs on goods starting 1 August.

Radio France Internationale

Trump sends tariff letters, placing 25% duty on Japan and South Korea

Higher tariffs had been set to come into effect on 9 July, although the US president has now moved this date to 1 August.

Euronews

Trump's Letters To Japan And Korea Attract Criticism From Economists: Move Demonstrates 'Complete Lack Of Understanding Of Trade'

President Donald Trump's decision to impose 25% tariffs on imports from South Korea and Japan is drawing sharp criticism from economists who say the rationale behind the move is fundamentally flawed.

Benzinga

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Benzinga

Bitcoin, Ethereum, Dogecoin Dip On Macro Jitters From Trump's Japan, South Korea Tariffs: Analyst Says BTC 6 Months Away From Top If History Repeats

Leading cryptocurrencies fell Monday as President Donald Trump‘s fresh tariffs on Japan and South Korea spurred risk-off sentiment.

Benzinga

Tesla, SoFi Technologies, Rocket Lab, Bit Digital, And Circle Internet Group: Why These 5 Stocks Are On Investors' Radars Today

The stock market witnessed a tumultuous day as President Donald Trump announced a 25% tariff on all imports from Japan and South Korea, effective from August 1. This news sent the markets into a tailspin, with the SP 500 dropping 0.9% to 6,229.98 and the Dow Jones Industrial Average tumbling…

Al Jazeera

Trump ramps up trade war with tariff blitz targeting 14 countries

Trump threatens to impose tariffs of 25-40 percent from August 1 unless countries make concessions on trade.

Reason

Trump Undermines His Own South Korea Trade Deal With New 25 Percent Tariffs

In 2018, Trump hailed a trade deal with South Korea as "fair and reciprocal" and said it was "a historic milestone in trade." So much for that.

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news in one place.

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Benzinga

Intel Shares Tumble On Sweeping Tariffs, AI Chip Curbs

Intel Corp (NASDAQ:INTC) shares are trading lower Monday afternoon as markets react to new global trade restrictions announced by the White House. President Donald Trump imposed sweeping 25% tariffs on all goods imported from Japan and South Korea, set to begin Aug. 1.

Benzinga

Why ProShares UltraPro QQQ (TQQQ) Is Trading Lower Monday

ProShares UltraPro QQQ (NASDAQ:TQQQ), a popular leveraged exchange-traded fund, is trading lower Monday afternoon. The drop followed a broad market sell-off triggered by President Donald Trump’s announcement of sweeping 25% tariffs on all imports from Japan and South Korea, set to take effect on Aug. 1.

Barchart

Dollar Rises as Trade Tensions Undercut Stocks

The dollar index (DXY00 ) Monday rose by +0.30% and posted a 1.5-week high. The weakness in stocks on Monday boosted some liquidity demand for the dollar. The dollar extended its gains Monday when President Trump announced plans to hike tariffs on several countries, including Japan, South Korea, Laos, South...

Fortune

Trump slaps 25% tariffs on Japan and South Korea—and Wall Street stumbles

The tariffs target two of America’s closest allies and key suppliers of autos, electronics, and steel.

Benzinga

Wall Street Slumps, Dollar Jumps After Trump's Tariff Blitz: What's Moving Markets Monday?

President Donald Trump sent markets into a tailspin Monday after officially announcing sweeping 25% tariffs on all imports from Japan and South Korea, starting Aug. 1.

The Guardian - US

Trump delays tariff hikes again but announces new rates for some countries

US president posted copies of letters addressed to leaders of both countries on social media, stoking further confusion

International Business Times UK

Johnny Somali Jail Update: Victims Petition for Maximum Sentence – What's Likely to Happen?

Johnny Somali faces up to 31 years in prison as a victim petitions for the maximum sentence ahead of his August hearing in a high-profile South Korea case.

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