SEOUL, May 15 (Yonhap) -- Samsung Electronics Co.'s largest labor union said Friday it will proceed with a major strike planned for next week despite the company's proposal to resume talks without preconditions.
South Korea is expected to soon announce its road map for acquiring nuclear-powered submarines, sources familiar with the matter said Friday, as Seoul seeks to speed up negotiations with the United States amid little progress in follow-up talks.
SEOUL, May 15 (Yonhap) -- South Korea's benchmark Korea Composite Stock Price Index (KOSPI) briefly jumped above 8,000 points for the first time Friday, powered by persistent optimism on artificial intelligence (AI) and handsome earnings on big technology companies.
The Gangnam Global Village Center in Seoul is recruiting volunteers for a short-term service program at the Gangnam Senior Welfare Center cafeteria on May 21 and May 28.
SEOUL, May 15 (Yonhap) -- The military will stage its annual computer-simulated Taegeuk exercise next week to strengthen its readiness against North Korean threats, the Joint Chiefs of Staff (JCS) said Friday.
SEOUL, May 15 (Yonhap) -- South Korea is expected to soon announce its road map for acquiring nuclear-powered submarines, sources familiar with the matter said Friday, as Seoul seeks to speed up negotiations with the United States amid little progress in follow-up talks.
SEOUL, May 15 (Yonhap) -- Container shipping costs from South Korea to the Middle East shot up for two straight months in April, the customs agency said Friday, amid prolonged geopolitical tensions in the region.
The South Korean economy continues to be on a recovery path on the back of strong chip exports, but the prolonged Middle East crisis is raising concerns over inflation and growing financial burdens on households, the finance ministry said Friday.
SEOUL, May 15 (Yonhap) -- Hyundai Motor Group said Friday it has launched a pilot service on the southern resort island of Jeju that connects its electric vehicles (EVs) to the island's power grid.
SEOUL, May 15 (Yonhap) -- The South Korean economy continues to be on a recovery path on the back of strong chip exports, but the prolonged Middle East crisis is raising concerns over inflation and growing financial burdens on households, the finance ministry said Friday.
SEOUL, May 15 (Yonhap) -- President Lee Jae Myung on Friday pledged his best efforts to create conditions in which teachers can concentrate solely on teaching their students.
SEOUL, May 15 (Yonhap) -- North Korea has held a celebratory event to mark the recent key party congress of both the North and Vietnam, state media reported Friday.
South Korean stocks turned higher to breach the landmark 8,000-point level Friday, after opening marginally lower, tracking overnight gains on Wall Street boosted by a rally of artificial intelligence-relates shares and a positive evaluation of the US-China summit.
North Korean leader Kim Jong-un has called on workers to serve as the "vanguard" of socialist construction and stressed their role in achieving the state's development goals, state media reported Friday.
South Korea’s main stock index, the Kospi, broke above the 8,000 mark for the first time ever during intraday trading on Friday. The milestone came just seven trading days after the index first surpassed 7,000.
SEOUL, May 15 (Yonhap) -- South Korea's stock market opened a new chapter Friday, topping the historic landmark of 8,000 points, driven by a continued rally of large-cap tech shares.
When head coach Hong Myung-bo unveils the South Korean squad for this year's FIFA World Cup on the weekend, the list will likely feature some in-form young attackers joining seasoned veterans with previous experience at the sport's biggest event.
SEOUL, May 15 (Yonhap) -- South Korean stocks opened a tad lower Friday, hovering just below the historic 8,000-point landmark, despite overnight gains on Wall Street boosted by a rally of artificial intelligence (AI)-relates shares and a positive evaluation of the U.S.-China summit.
Do high fuel prices make you think twice about leaving the city? Seoul still has plenty of ways to offer a small escape. This weekend, check out the new Italian pavilion at Nowon Train Village, which takes visitors through famous landmarks in miniature. Or head to Namsan, where ByTofu serves tofu-centered vegan meal…
SEOUL, May 15 (Yonhap) -- South Korea is gradually feeling the impact of the prolonged conflict in the Middle East through higher consumer prices despite strong export data, the finance minister said Friday, vowing proactive steps to stabilize supply chains.
SEOUL, May 15 (Yonhap) -- Samsung Electronics Co. Vice Chairman and Chief Executive Officer (CEO) Jun Young-hyun, who heads the company's semiconductor division, called on top management officials to stay vigilant amid a looming labor strike, warning against complacency, industry sources said Friday.
SEOUL, May 15 (Yonhap) -- North Korean leader Kim Jong-un has called on workers to serve as the "vanguard" of socialist construction and stressed their role in achieving the state's development goals, state media reported Friday.
SEOUL, May 15 (Yonhap) -- Hana Financial Group Inc., one of South Korea's major banking groups, said Friday it has decided to buy a stake in the country's top crypto exchange operator Dunamu for 1 trillion won (US$669 million), the largest-ever investment by a bank into a virtual asset operator.
SEOUL, May 15 (Yonhap) -- Pianist Son Se-hyeok won first prize in the piano category at the Prague Spring International Music Competition this week, organizers said Friday.
SEOUL, May 15 (Yonhap) -- When head coach Hong Myung-bo unveils the South Korean squad for this year's FIFA World Cup on the weekend, the list will likely feature some in-form young attackers joining seasoned veterans with previous experience at the sport's biggest event.
Australia’s Sam Kerr waves following the Women’s Asian Cup quarterfinal soccer match between Australia and North Korea in Perth, Australia, March 13, 2026. (AP Photo/Gary Day, File)
SEOUL, May 15 (Yonhap) -- Import prices fell for the first time in 10 months in April on a decrease in oil prices amid the Middle East conflict, central bank data showed Friday.
The international standing of South Korean universities made the news again recently as the results of the 2026 edition of World University Rankings by Times Higher Education were released. The rankings are one of several standards commonly used to compare universities internationally and are a frequent topic of dis…
THE closure of the Strait of Hormuz on March 4, 2026, was not merely a localized military maneuver; it was the moment the “Asian Century” hit a wall of physical reality. With Brent crude surging past $120 per barrel and liquefied natural gas (LNG) spot prices in Asia jumping by over 140 percent, the conflict has met…
SEOUL, May 14 (Yonhap) -- The U.S. Senate plans to hold a confirmation hearing next week for Michelle Steel, a Korean American nominated by U.S. President Donald Trump as ambassador to South Korea, according to the Senate website Thursday.
SEOUL, May 14 (Yonhap) -- Industry Minister Kim Jung-kwan said Thursday that the government may have to invoke emergency arbitration if labor unions at Samsung Electronics Co. go ahead with a planned strike next week.
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 …
President Lee Jae Myung said Thursday that South Korea and the United States are the most important partners supporting each other's growth following his meeting with U.S. Secretary of Treasury Scott Bessent a day earlier.
SEOUL, May 14 (Yonhap) -- President Lee Jae Myung visited a traditional market in the city of Seongnam on Thursday to meet merchants and shoppers and check local economic conditions, his office 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 …
SEOUL, May 14 (Yonhap) -- President Lee Jae Myung said Thursday that South Korea and the United States are the most important partners supporting each other's growth following his meeting with U.S. Secretary of Treasury Scott Bessent a day earlier.
Trade Minister Yeo Han-koo has conveyed Seoul's concerns over the European Union's tougher steel safeguard plan and Mexico's tariff hike during his visit to the regions, the ministry said Thursday.