Explainer: What are Samsung union workers demanding and how might a strike play out?
- 19-May-2026
South Korean memory chip maker Samsung Electronics is facing its worst-ever strike, with nearly 48,000 workers threatening to walk off production lines on Thursday for 18 days over a dispute about bonus payouts. Here are key things to know: WHAT DOES SAMSUNG’S UNION WANT? Samsung’s union has asked the company to abolish a cap that […]
China-US trade talks start in South Korea
- 13-May-2026
BEIJING: Delegations from China and the United States met for trade talks in South Korea, Chinese state media reported Wednesday, hours before US President Donald Trump is due to arrive in Beijing. The talks were taking place at Incheon International Airport, near Seoul, Xinhua news agency said, without providing further details. US Treasury Secretary Scott […]
South Korea to review joining US Hormuz operation
- 05-May-2026
SEOUL, South Korea: South Korea said Tuesday it will “review its position” on joining US operations in the Strait of Hormuz after President Donald Trump urged Seoul to take part following an apparent Iranian attack on one of its ships. An explosion and fire were reported on a South Korean cargo vessel on Monday in […]
Fire, explosion hit South Korean-run vessel in Strait of Hormuz, Seoul says
- 04-May-2026
SEOUL: There was a fire and an explosion on a vessel operated by South Korean shipper HMM in the Strait of Hormuz on Monday, the foreign ministry in Seoul said. The government was checking intelligence that the vessel, HMM Namu, may have been attacked, Yonhap News reported citing government officials. There were no casualties reported […]
US limits intel sharing on North Korea over Seoul comments: reports
- 21-Apr-2026
SEOUL, South Korea: The United States has partly restricted the sharing of satellite intelligence on North Korea with South Korea due to recent remarks by Seoul’s unification minister about one of Pyongyang’s nuclear facilities, reports said on Tuesday. Chung Dong-young told South Korea’s parliament last month that North Korea was suspected to operate a site […]
South Korea Finance minister hints at expanding vehicle rotation system to private sector if oil prices further rise
- 30-Mar-2026
SEOUL: South Korea Finance Minister Koo Yun-cheol said Sunday the government could expand a mandatory five-day vehicle rotation system to the private sector if global oil prices rise to US$120-130 per barrel as part of nationwide energy-saving efforts amid an escalating conflict in the Middle East. “If the situation worsens, we may have to raise […]
South Korea to roll out $17 bn ‘wartime’ budget
- 26-Mar-2026
SEOUL, South Korea: South Korea aims to roll out a $17 billion “wartime” supplementary budget and expand fuel tax cuts as the war in Iran pushes up energy prices, the government said Thursday. Officials aim to “draw up a supplementary budget worth 25 trillion won next month — funded by excess tax revenue — in […]
South Korea says North fires around 10 ballistic missiles
- 14-Mar-2026
SEOUL, South Korea: North Korea fired about 10 unidentified ballistic missiles toward the Sea of Japan Saturday, Seoul’s Joint Chiefs of Staff (JCS) said, days after Pyongyang warned of “terrible consequences” over South Korea-US military drills. Pyongyang recently dashed hopes of a diplomatic thaw with South Korea, Washington’s security ally, describing its latest peace efforts […]
South Korea court jails former first lady for bribery
- 28-Jan-2026
A South Korean court sentenced former first lady Kim Keon Hee to 20 months in jail on Wednesday for accepting Chanel bags and a diamond pendant from Unification Church officials in return for providing political favours. The wife of ex-President Yoon Suk Yeol, who was ousted from office last year, was cleared on other charges […]
South Korea suspects North Korea behind hack of crypto exchange Upbit, Yonhap reports
- 28-Nov-2025
SEOUL: South Korea suspects a North Korean team may be behind the recent hacking of cryptocurrency exchange Upbit that led to the unauthorised withdrawal of 44.5 billion won ($30.4 million) in cryptocurrencies, the Yonhap News Agency reported on Friday. South Korean authorities are inspecting Upbit’s systems and suspect a group of hackers affiliated with North […]