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Keywords: South Korea
A Seoul court has sentenced former Justice Minister Park Sung-jae to 25 years in prison over his involvement in an alleged attempt to impose martial law during the administration of former President Yoon Seok-youl, in a case that has drawn significant political attention in South Korea. The court found......
In a historic shift for South Korea’s technology sector, semiconductor manufacturer SK Hynix has surpassed Samsung Electronics in market capitalization for the first time, marking a significant milestone in the country’s corporate landscape. According to data released by the Korea Exchange......
Two South Korean-operated vessels have successfully passed through the Strait of Hormuz, marking the first such transit since the strategic waterway was disrupted earlier this year. The development follows a diplomatic understanding between the United States and Iran aimed at restoring maritime traffic......
South Korea has overtaken India to become the world’s sixth-largest equity market by total market capitalization, marking a rapid shift in global financial rankings driven by the artificial intelligence boom and surging demand for semiconductor technologies. The combined market value of listed......
North Korea launched several short range ballistic missiles toward the Yellow Sea on Tuesday, according to South Korea’s military, marking Pyongyang’s first weapons test in more than five weeks and its eighth ballistic event of 2026. South Korea’s Joint Chiefs of Staff detected the......
Japan and South Korea are grappling with mounting shortages of naphtha, a petroleum product widely used in plastics, industrial chemicals and printing inks, as the prolonged closure of the Strait of Hormuz continues to disrupt energy supply chains across East Asia. The supply crunch, triggered after......
Samsung Electronics and its main labor union reached a provisional agreement that halted a planned large-scale strike involving tens of thousands of workers. The agreement was concluded after direct government involvement in negotiations that intensified following a breakdown in earlier talks. The strike,......
More than 47,000 employees at Samsung Electronics are preparing to launch a large scale strike on Thursday after final wage negotiations with management failed, raising concerns over disruptions to the global semiconductor supply chain. The planned walkout could become the largest labor strike in the......
South Korea and Japan have agreed to deepen energy cooperation through new arrangements for exchanging and jointly managing reserves of crude oil and liquefied natural gas, as both countries seek to strengthen energy security amid heightened geopolitical risks in the Indo-Pacific region. The agreement......