Location · 65 stories from 139 outlets in the last 7 days · 1,453 published stories all time · All places
AI summarySamsung Electronics' board chairman has expressed deep concern over the potential economic impact of a planned 18-day strike by unionized workers, warning of damage to competitiveness and customer trust. Chairman Lee Jae-yong has apologized and called for unity, while government officials urge resolution through dialogue, as estimates suggest losses could reach up to 30 trillion won if the strike proceeds.
AI summaryThe US and Iran exchanged attacks in and around the Strait of Hormuz, with Washington launching 'Project Freedom' to reopen the waterway and Tehran accusing the US of reckless military action. The UAE reported intercepting Iranian missiles and drones, while the US said it sank six Iranian boats. Both sides deny each other's accounts of the clashes.
AI summaryFormer South Korean Prime Minister Lee Hong-koo, a prominent scholar-turned-politician who held key posts including unification minister and ambassador to the United States, died on Tuesday at age 92. The unification ministry expressed condolences, praising his contributions to inter-Korean reconciliation and unification efforts.
AI summaryIran has accused the US of killing five civilians in a strike on two passenger boats in the Strait of Hormuz, contradicting US claims that it sank Iranian Revolutionary Guard vessels. The incident adds to rising tensions as the US seeks to reopen the vital waterway, with Iran also reporting broader civilian casualties among its seafarers.
AI summaryAn explosion and fire aboard the HMM Namu, a Panama-flagged bulk carrier, in the Strait of Hormuz was extinguished with no injuries among the 24 crew members. The cause remains under investigation, with South Korean officials expecting a multi-day analysis. Iran has denied any military involvement, while U.S. President Trump suggested Tehran had taken shots at the vessel.
AI summaryThe US and Iran exchanged fire over the Strait of Hormuz on Monday, with Washington launching a naval operation to reopen the waterway and Tehran responding with attacks on ships and a UAE port. A fragile ceasefire appeared to be at risk as both sides reported strikes and denied the other's claims.
AI summaryAn explosion and fire aboard a South Korean-operated ship in the Strait of Hormuz has triggered a diplomatic push by U.S. President Donald Trump for Seoul to join the American-led 'Project Freedom' mission. While Trump blames Iran, South Korean authorities are investigating the cause, and Iran has denied involvement.
AI summarySouth Korea's KOSPI jumped 5.12% to a record high of 6,936.99 on May 4, driven by semiconductor stocks and hopes for U.S.-Iran peace talks. Samsung Electronics and SK hynix led gains, while the Korean won rose sharply. Analysts caution about inflation and debt risks as the market approaches the 7,000-point milestone.
AI summaryGM Korea reported a 14.7% year-on-year increase in April sales, driven by a 16.4% jump in exports, while domestic sales fell sharply. The company also reaffirmed its commitment to its South Korean operations, dismissing exit rumors and highlighting full-capacity production.
AI summaryNorth Korea's Naegohyang Women's FC traveled to South Korea for an AFC Women's Champions League semifinal, marking the first such visit in over seven years and sparking cautious optimism about inter-Korean relations. However, Pyongyang's state media downplayed the South Korean venue, and subsequent missile launches underscored persistent tensions, leading South Korean officials to temper expectations.
AI summarySouth Korea's Samsung Heavy Industries has announced two significant contracts for LNG-related vessels: a deal to build two LNG carriers for an Oceania-based client worth approximately $504 million, and a separate agreement to construct an LNG floating storage regasification unit for an Asian client valued at around $329 million. The shipbuilder has reported strong order momentum this year, securing multiple deals across different vessel types.
AI summarySouth Korea and Pakistan have begun the first round of Comprehensive Economic Partnership Agreement (CEPA) negotiations, aiming to expand bilateral trade and investment. The talks, conducted virtually over four days, cover economic cooperation, investment, intellectual property, and trade remedies. Bilateral trade currently stands at about $1.57 billion.
AI summaryIsrael's air force expansion, including additional F-35 purchases and extensive combat operations since October 7, 2023, is positioning the nation as a major military power. The IDF reported dropping 135,000 bombs and performing thousands of evacuations, while analysts note regional wariness of Israel's growing capabilities.
AI summaryA South Korean court issued an arrest warrant for a man surnamed Choi, accused of smuggling and distributing illegal drugs worth 10 billion won since 2019. Choi, repatriated from Thailand, denies ties to drug kingpin Park Wang-yeol, who was extradited from the Philippines in March. The case highlights international cooperation in combating transnational drug trafficking.
AI summarySouth Korea's CAS500-2 Earth-observation satellite has successfully entered low-Earth orbit following a SpaceX Falcon 9 launch from California. The satellite, delayed from a 2022 launch due to the war in Ukraine, will be used for disaster monitoring and agricultural observation.
AI summaryNorth Korean leader Kim Jong-un has called for a greater role of young people in party affairs, while state media reported plans to deploy new long-range artillery near the border with South Korea. The announcements come amid ongoing tensions and diplomatic exchanges.
AI summaryThe People Power Party has completed its candidate lineup for South Korea's June 3 local elections, nominating Supreme Council member Yang Hyang-ja for Gyeonggi Province governor and Rep. Choo Kyung-ho for Daegu mayor. Yang will face Democratic Party Rep. Choo Mi-ae, while Choo takes on former Prime Minister Kim Boo-kyum.
AI summaryAustralia has confirmed it is in discussions with the US over a proposal to form an international coalition to reopen the Strait of Hormuz. Foreign Minister Penny Wong says Australia is engaging with partners including the UK, France, and the US, while reports indicate Australia may contribute its E-7A Wedgetail aircraft to a related mission.
AI summaryA report by the Transitional Justice Working Group documents a sharp rise in executions and death sentences in North Korea after the country closed its borders in January 2020, with cultural and political offenses overtaking murder as the most common capital crimes.
AI summaryA Pentagon official declined to comment on potential changes to U.S. forces in South Korea but stressed Washington's 'unwavering' defense commitment, as Seoul said no discussions are underway on reducing the 28,500-strong USFK. The remarks follow President Trump's announcement that the U.S. is weighing a troop reduction in Germany.