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Seoul stocks slide nearly 4% on AI jitters, unrest in France

Korean shares plunged by nearly 4 percent Tuesday, as investors attempted to cash in recent gains in major chip shares amid persistent concerns over the artificial intelligence (AI) value chain. The Korean won was trading higher against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) fell…

Unverified rumors of NK leader's death spread on overseas social media

Unverified claims that North Korean leader Kim Jong-un had died after suffering a brain hemorrhage have spread on overseas social media, while North Korean state media reported his visit to a public exhibition. The rumors were reported Tuesday by the British tabloid The Sun, the New York Post and India's Economic…

Police apprehend arson suspect behind 2 building fires in southern Seoul

Police on Tuesday apprehended a man in connection with suspected arson at two buildings in southern Seoul that left 19 people injured, officials said. The man in his 70s is accused of starting a fire on the third floor of a building in Seoul's southern ward of Gangnam at 11:54 a.m. before starting another fire on the…

Seoul to pull some staff from Kyiv as North Korean POW dispute deepens

South Korea will pull some embassy staff out of Ukraine, citing Kyiv’s failure to take constructive steps to resolve a weekslong dispute sparked by President Volodymyr Zelenskyy’s disclosure of the transfer of two North Korean prisoners of war (POWs) to the South, the foreign ministry said Tuesday. The decision adds…