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SEOUL, May 20 (Yonhap) -- Samsung Electronics Co. and its largest labor union will resume government-led wage mediation talks on Wednesday morning, a state labor dispute resolution body said, after they failed to bridge differences during two days of marathon negotiations this week.
A ceremony at Songdowon International Children's Camp in North Korea. (KCNA)
SEOUL — Samsung Electronics and its South Korean labor union began another round of government-mediated talks on Tuesday to break an impasse in negotiations over pay and bonuses and avert the biggest strike in the tech conglomerate's history.
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US equity futures are lower, set for a 3rd drop in a row, as traders waited for futile signs of progress toward a peace deal in the Middle East. and as tech and small cap stocks reacted adversely to higher bond yields around the globe, but nowhere more so than in Japan, where many tenors are trading at record lows, …
The unification ministry on Tuesday pushed back against criticism that its newly published white paper violates the Constitution, clarifying the controversial "two-state" language falls under broader peace efforts on the Korean Peninsula.
Uber has become the largest shareholder in the parent company of Woowa Brothers, operator of the South Korean food delivery app Baemin, after acquiring an additional stake.
For over a decade, I’ve navigated the complexities of North Korean affairs, security, and foreign policy from both Seoul and Washington, D.C. As the National Desk Political Team Lead, I track the pulse of geopolitics, closely following developments from the Unification Ministry and the Foreign Ministry. My mornings …
Japan's Prime Minister Sanae Takaichi, foreground, left, and South Korea's President Lee Jae Myung, third from right, meet in Andong, South Korea, on May 19. © Reuters
The talks in Andong, a city famous for its centuries-old folk village, come after the two met in Takaichi’s hometown of Nara in January
The talks in Andong, a city famous for its centuries-old folk village, come after the two met in Takaichi’s hometown of Nara in January
South Korea on Tuesday raised its travel alert level for Cuba from a Level 2 alert to a special travel advisory, citing uncertain political developments surrounding the Caribbean island nation, the foreign ministry said.
SEOUL, May 19 (Yonhap) -- South Korea on Tuesday raised its travel alert level for Cuba from a Level 2 alert to a special travel advisory, citing uncertain political developments surrounding the Caribbean island nation, the foreign ministry said.
For over a decade, I’ve navigated the complexities of North Korean affairs, security, and foreign policy from both Seoul and Washington, D.C. As the National Desk Political Team Lead, I track the pulse of geopolitics, closely following developments from the Unification Ministry and the Foreign Ministry. My mornings …
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Moody's Ratings warned Tuesday that rising shareholder returns and policy-driven lending expansion could pressure Korean banks’ capital buffers, even as the country’s banking system remains broadly sound.
Japan's Prime Minister Sanae Takaichi, left, and South Korea's President Lee Jae Myung, third from right, hold a meeting in Andong, South Korea, on May 19. © Reuters
Foreign visitors booking Korean rail tickets on Klook are increasingly heading to cities like Gyeongju, Daegu and Busan, according to the travel platform.
Hyundai Card said Tuesday that EMV contactless payments by its customers have surged roughly 30-fold since the launch of Apple Pay in South Korea in 2023, highlighting how the service has accelerated the country’s shift toward global tap-to-pay standards.
Citibank Korea said Tuesday it will provide $100 million in syndicated financing alongside the Export-Import Bank of Korea to support Korean equipment parts supplier KoMiCo’s expansion in the US semiconductor market.
A Dutch veteran of the Korean War has been laid to rest at the United Nations Memorial Cemetery in Busan, where service members of UN forces who fought in the war are honored.
SEOUL, May 19 (Yonhap) -- South Korea and Iran continue to hold close and serious consultations regarding a recent attack on a South Korean-operated vessel in the Strait of Hormuz, Seoul's foreign ministry said Tuesday, vowing to take "necessary measures" once the results of an ongoing investigation become available.
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SEOUL, May 19 (Yonhap) -- South Korea has reported 24 confirmed cases of African swine fever (ASF) as of this week in 2026, the agriculture ministry said Tuesday, vowing to take actions to prevent further spread of the contagious animal disease.
SEOUL, South Korea — South Korean President Lee Jae Myung and Japanese Prime Minister Sanae Takaichi were set to hold their fourth meeting in about six months on Tuesday, underscoring their push to deepen ties between the historical Asian rivals in the face of geopolitical challenges.
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SEOUL, May 19 (Yonhap) -- The rom-com drama series "Perfect Crown" has come under fire over historical inaccuracies, with critics calling for ways to better verify and reenact traditional features as a growing amount of Korean content is being watched by viewers around the world through global streaming platforms.
SEOUL – The head of Starbucks Korea has been fired after a marketing campaign sparked public outrage for evoking painful memories of a brutal military crackdown on pro-democracy protesters in 1980.
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INCHEON, May 19 (Yonhap) -- A court of appeals on Tuesday upheld a life sentence for a man convicted of killing his son with a homemade gun and attempting to shoot his daughter-in-law and two grandchildren during his birthday party last year.
SEOUL, South Korea — Starbucks Korea's chief executive has been dismissed following backlash over the launch of a line of reusable drinkware, the company said Tuesday.
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(ATTN: ADDS details in last 3 paras, photo)By Kang Yoon-seung
SEOUL, May 19 (Yonhap) -- A special counsel team on Tuesday sought arrest warrants for three former presidential officials, including a former chief of staff to ousted President Yoon Suk Yeol, over alleged irregularities in the 2022 relocation of the presidential residence, legal sources said.
SEOUL, May 19 (Yonhap) -- Vice Defense Minister Lee Doo-hee on Tuesday visited the 72nd Infantry Division to inspect the drone operation capabilities of its reserve forces, the defense ministry said.
(ATTN: ADDS latest details in last 4 paras, photo)By Kim Eun-jung
SEOUL, May 19 (Yonhap) -- South Korean stocks closed lower Tuesday as a foreign-selling spree of major techs continued, tracking an overnight tech slump on Wall Street. The local currency weakened against the U.S. dollar.
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SEOUL, May 19 (Yonhap) -- The government will create at least 10 massive solar power complexes in the central and eastern regions in a bid to expand South Korea's renewable energy capacity to 100 gigawatts (GW) by 2030, the climate ministry said Tuesday.
SEOUL, May 19 (Yonhap) -- The government of President Lee Jae Myung aims to make South Korea a better place to start businesses based on artificial intelligence (AI) and other cutting-edge technologies, Prime Minister Kim Min-seok said Tuesday, promising to build a society where anyone can start a business as long a…
From chips to shipyards, unions push aggressive profit-sharing demands, fueling anxiety over wider labor unrest
Starbucks headquarters joins apology as Shinsegae fires local chief and moves to contain fallout
SEOUL, May 19 (Yonhap) -- South Korean battery maker LG Energy Solutions Ltd. said Tuesday it has joined hands with Japan's Honda Motor Co. to expand their joint footprint in the Vietnamese electric-powered motorcycle market.
SEOUL, May 19 (Yonhap) -- The unification ministry on Tuesday pushed back against criticism that its newly published white paper violates the Constitution, clarifying the controversial "two-state" language does not reflect official government policy.
SEOUL, May 19 (Yonhap) -- Lee Jung-hoo of the San Francisco Giants was pulled from his latest game with back spasms after pushing his hitting streak to five.
The Bank of Korea warned in an internal report that a planned strike by Samsung Electronics workers could shave as much as 0.5 percentage point off South Korea’s economic growth this year.
Naegohyang Women’s FC head coach Ri Yu Il brushes off questions about South Korean fans cheering for his team
Naegohyang Women’s FC head coach Ri Yu Il brushes off questions about South Korean fans cheering for his team
(ATTN: ADDS details in last 5 paras, photos)By Kang Yoon-seung
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…