Naver CEO and Naver Cloud CEO met French companies during South Korea's presidential visit to France to propose expanded cooperation in AI and other sectors. This reflects Korea's push to build international AI ecosystem partnerships and gain access to French tech talent and research.
After the government announced a tax reform strengthening taxes on high-priced apartments, prices in Seoul's Songpa-gu district began falling—following earlier declines in Gangnam and Seocho. This affects homeowners and property investors seeking to sell or refinance expensive apartments in Seoul.
The government and ruling party plan to introduce the Mega-Special Zone Special Act bill this month, which would exempt high-income earners—potentially half of Samsung Electronics employees—from mandatory overtime pay rules. This affects Samsung and SK Hynix workers earning in the top 3% of salaries
Seoul's bus workers union announced a strike for January 16, with management saying the wage and working condition demands are unacceptable. This affects commuters across Seoul who rely on city buses for daily transit. The dispute centers on overtime pay and scheduling—a recurring flashpoint in Kore
Meta and chipmaker Panmnesia announced a new AI data center design that treats multiple server racks as a single integrated system using CXL interconnects, addressing bottlenecks in large AI model training. The approach is still in development phase. This reflects the industry-wide race to scale AI
Samsung and Dutch equipment maker ASML will jointly bring advanced lithography technology (high-NA EUV) to Samsung's DRAM factories by 2028, making Samsung first in the industry to adopt it at scale. This affects chip makers competing globally and semiconductor equipment suppliers. The move is part
Image: Kyunghyang (English) (original article) South Korea’s government is drawing up plans to deploy military assets to the Strait of Hormuz at Washington’s request, but …
Image: KBS World (original article) South Korea added 184,000 jobs in August 2026, but the youth unemployment rate climbed to its highest level in four …
The labor union at Posco, South Korea's largest steelmaker, began a 48-hour partial strike on September 9 after wage negotiations broke down—the company's first strike since its 1968 founding. Posco management said production disruptions are minimal. The strike affects one of Korea's flagship export
U.S. President Donald Trump announced on September 8 that Canadian goods will be excluded from U.S. government procurement contracts in response to Canada's retaliatory tariffs. This escalates the trade dispute and could affect Canadian exporters relying on U.S. public sector orders. No direct Korea