South Korea

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Illustration of KOSPI reaching record high above 7900 points with digital display and Seoul skyline.
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KOSPI opens at fresh record high above 7,900

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South Korean stocks opened at a fresh record high above 7,900 points on Tuesday, propelled by gains in major chipmakers. The KOSPI rose to 7,953.41 at the opening bell, marking the first time the index has crossed the 7,900 level.

Culture Minister Chae Hwi-young ordered the immediate blocking of 34 copyright-infringing sites on May 11, marking the first action under a revised copyright law aimed at curbing online piracy of webtoons and novels.

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South Korea and the United States have agreed to strengthen cooperation in areas of mutual security interest, including the transfer of wartime operational control and alliance modernization.

South Korea has signed a deal to export three more Chunmoo rocket launchers to Estonia. The agreement follows a long-term framework between the two countries.

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Im Sung-jae of South Korea tied for fifth at the Truist Championship in Charlotte, North Carolina. The result marks his second top-10 finish of the 2026 season.

A South Korean government team continued its on-site investigation on Saturday into the cause of the fire that struck the HMM Namu while the vessel was in the Strait of Hormuz earlier in the week.

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North Korean leader Kim Jong-un sent a congratulatory message to Russian President Vladimir Putin on the occasion of Russia's 81st Victory Day, reaffirming Pyongyang's commitment to deepening the alliance-like partnership with Moscow.

 

 

 

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