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Keywords: South Korea


Samsung labor union suspends strike after last-minute deal

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,......

Samsung workers prepare historic strike after wage talks collapse

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 agree on joint oil and LNG reserves cooperation

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......

Morocco and South Korea move toward a comprehensive economic partnership agreement

Morocco and South Korea are advancing toward a significant deepening of their bilateral economic relationship, with both countries agreeing to explore the early launch of negotiations for a Comprehensive Economic Partnership Agreement. The move signals a deliberate effort by Rabat to diversify its international......

Morocco and South Korea seal digital cooperation deal at Gitex Africa 2026

Morocco’s Digital Development Agency and the Korea-Africa Foundation signed a cooperation agreement in Marrakech during Gitex Africa 2026 to advance digital innovation and technology-driven growth. The deal brings together Amine El Mezouaghi, head of Morocco’s Digital Development Agency,......

Tesla sets South Korea record as first import brand to surpass 10,000 monthly sales

Tesla registered 11,134 vehicles in South Korea in March, a 330% increase compared to the same month last year, according to data from market research firm Carisyou cited by Reuters. The result makes Tesla the first imported automotive brand ever to exceed 10,000 monthly sales in the country, a milestone......

South Korea risks Hormuz oil runs as Asia's energy crisis deepens into sixth week

Six weeks into the war between the United States, Israel, and Iran with no ceasefire in sight, Asia, the destination for roughly 90 percent of the oil and 83 percent of the liquefied natural gas that normally transits the Strait of Hormuz, is bearing the heaviest economic toll of a conflict it did not......

Gulf states near depletion of air defense interceptors as Iran's missile campaign grinds on

Five weeks into Iran's sustained drone and missile campaign against Gulf states, the arithmetic of air defense is turning against the defenders. Gulf countries have exhausted the vast majority of their pre-war interceptor stocks repelling thousands of incoming projectiles, and resupply is falling......

Tesla posts record sales in South Korea and Australia as oil crisis accelerates EV shift

Tesla recorded record sales in South Korea and strong growth in Australia during March, closing out a first quarter driven by the refreshed Model Y and a global oil crisis that is pushing consumers toward electric vehicles at an accelerating pace. Tesla delivered 11,130 vehicles to South Korean customers......

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