Bitcoin Falls to $65,000 Amid Escalating Middle East Conflict As the risk of U.S.-Iran conflict rises, Bitcoin prices are declining amid soaring international oil prices. According to CoinMarketCap, Bitcoin was trading at $65,141 as of 8 a.m. on July 24, down 1.3% from the previous day.This drop is attributed to heightened tensions in the Middle East and a spike in oil prices. The U.S. has conducted airstrikes on Iran for 12 consecutive days, and President Donald Trump has hinted at the possibility of a large-scale attack on Iran.In an interview with Axios July 24, 2026

Hanwha Ocean Advances Joint Development of U.S. Naval Vessels Hanwha Ocean is solidifying its position as a leader in promoting joint growth in the Korea-U.S. shipbuilding industry by establishing collaborative relationships with key partners in the United States, encompassing vessel design and development, workforce training, and supply chain development.On July 23, during the opening ceremony of the 'Korea-U.S. Shipbuilding Cooperation Center' in Washington, D.C., Hanwha Ocean announced the signing of contracts for the design and development of a Global July 24, 2026

Turkish Airlines and Malta Tourism Board Strengthen Focus on Korean Market Turkish Airlines, the airline serving the most countries worldwide, and the Malta Tourism Board are enhancing their focus on the Korean market by increasing engagement with domestic travelers.On July 23, Turkish Airlines and the Malta Tourism Board jointly hosted a 'Media Day' for major domestic media at the Courtyard Marriott Seoul Myeongdong.The event aimed to promote the Incheon-Istanbul-Malta route and the convenience of transfers at Istanbul Airport, while also showcasing Malta's cultural, July 24, 2026

Nasdaq Drops 2.15% as Alphabet and Tesla Shares Plunge; Oil Prices Exceed $100 The three major U.S. stock indices fell sharply, led by significant declines in shares of Alphabet and Tesla, as rising international oil prices and U.S. Treasury yields dampened investor sentiment in the tech sector.On July 23, the Dow Jones Industrial Average closed down 506.93 points (0.97%) at 51,711.65. The S&P 500 dropped 90.66 points (1.21%) to finish at 7,408.30, while the tech-heavy Nasdaq Composite plummeted 553.21 points (2.15%) to close at 25,137.69.Alphabet and Tesla were the pr July 24, 2026

Hanwha Eagles' Hah Joo-seok traded to KIA Tigers; Lee Hyung-beom joins Hanwha Hanwha Eagles infielder Hah Joo-seok will don the KIA Tigers uniform. According to a report from Yonhap News on July 23, the two teams announced in a press release that they have completed a player trade. KIA stated, "Hah Joo-seok is a versatile player capable of playing second base and shortstop, and we expect his extensive first-team experience will contribute to our team's strength." KIA highly values Hah's offensive capabilities, which led to the agreement on the trade. Hah, a franchise play July 24, 2026

U.S. Imposes 10-12.5% Forced Labor Tariffs on 60 Countries, Including South Korea at 12.5% On July 23, the Trump administration announced the imposition of forced labor tariffs ranging from 10% to 12.5% on 60 countries, based on Section 301 of the Trade Act.According to Yonhap News, South Korea is effectively facing a 12.5% tariff, which comes just before the expiration of the 10% global tariff introduced following a Supreme Court ruling in February that invalidated reciprocal tariffs.The Office of the United States Trade Representative (USTR) confirmed the tariffs, citing concerns ov July 24, 2026

Financial Commission Expands Audit Opportunities for Mid-Sized Firms The Financial Commission is set to expand audit opportunities for mid-sized accounting firms with strong audit quality, while mandating major firms to establish external expert-led audit quality oversight bodies as part of a reform of the accounting and auditing system.On July 24, the Financial Commission announced a proposed amendment to the 'Regulations on External Audits and Accounting.' This amendment follows the 'Measures to Enhance Accounting and Audit Quality' announced in February, aimin July 24, 2026

Intel Reports Strong Q2 Earnings Driven by AI Server Demand Intel, the American semiconductor company, reported second-quarter earnings that significantly exceeded market expectations, driven by increased demand for central processing units (CPUs) for artificial intelligence (AI) data centers. The company also provided a positive outlook for its third-quarter performance, leading to a nearly 10% surge in its stock price in after-hours trading.On July 23, Intel announced that its revenue for the second quarter reached $16.128 billion, a 25.4% increase fro July 24, 2026

U.S. Imposes 12.5% Tariff on South Korea for Forced Labor Violations The Trump administration is imposing additional tariffs of 10% to 12.5% on 60 trading partners, including South Korea, due to inadequate measures to prevent the import of products made with forced labor. South Korea will face a 12.5% tariff.According to the U.S. Trade Representative (USTR) and the Associated Press, the tariffs will take effect at 12:01 a.m. Eastern Time on July 24.The USTR has established a system to ban the import of forced labor products but decided to apply a 10% tariff to co July 24, 2026

Trump: U.S. to Maintain Edge Over China in AI Ahead of September Summit The upcoming U.S.-China summit in September is expected to focus on the competition in artificial intelligence (AI) technology. On July 23, President Trump stated at an event in Washington, D.C., that "Chinese President Xi Jinping is scheduled to visit the U.S. on September 24," adding, "We discussed AI in Beijing, and we will talk about it again this time." AI was also a topic during Trump's state visit to China in May, where both countries agreed to promote government-level discussions on AI. July 24, 2026