Brooklyn Bridge catches fire during Fourth of July fireworks show
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Government eyes new fund to invest tax windfall from AI-driven chip boom
The government plans to establish a new fund to effectively invest windfall tax revenue generated by the semiconductor industry’s artificial intelligence (AI)-driven boom, presidential chief of staff Kang Hoon-sik said Sunday. He explained that the fund is intended to finance fut

OPEC+ approves further oil output increase as Hormuz exports start to recover
LONDON — OPEC+ has agreed a further increase in output targets from August, the group said in a statement on Sunday, adding to global supply at a time when oil prices are falling due to the gradual reopening of the Strait of Hormuz for oil exports. The oil-producing group agreed

Iran invited Korea to late supreme leader's funeral, later canceled plan: sources
Iran invited Korea to participate in the funeral event for its former supreme leader, Ayatollah Ali Khamenei, but later withdrew the invitation, diplomatic sources said Sunday. "After receiving an invitation from Iran, the diplomatic mission planned to participate, but Iran later

International Swimming League to pay overdue 2021 prize money, eyes comeback
The International Swimming League will pay more than 300 athletes long-overdue prize money owed from its 2021 season, Commissioner Ben Allen told Reuters, as the professional swimming circuit seeks to rebuild trust and relaunch after years of inactivity. Allen said the ISL would