Photo=Motionelements South Korea said late on May 21 local time that it would freeze government-imposed fuel price caps for a sixth consecutive adjustment period, underscoring the administration’s effort to contain inflation despite persistent upward pressure from global oil markets. The Ministry of Trade, Industry and Energy said the ceilings, effective from midnight on May 22, would remain at about $5.25

(Photo=MotionElements) Workers at Samsung Electronics, South Korea’s largest company and one of the world’s dominant memory-chip manufacturers, began voting Friday on a wage agreement that reflects broader changes reshaping the country’s labor market as the global race for artificial-intelligence semiconductor talent intensifies. The six-day electronic vote will determine whether a tentative labor agreement reached earlier this week between Samsung management

Photo=Motionelements South Korea opened subscriptions on May 22 for a new government-backed retail investment fund designed to channel household savings into domestic growth industries, offering tax incentives and a limited loss-sharing mechanism to attract investors. The Growth Participation Fund will accept subscriptions through June 11 on a first-come, first-served basis, with total retail allocations capped at roughly $440 million. The

(Photo=MotionElements) Samsung Electronics has long used aggressive compensation to retain talent in one of the world’s most competitive technology industries. Now, that same strategy is exposing deep fractures inside the company. A tentative 2026 wage agreement between Samsung management and labor unions has triggered mounting backlash after revealing a compensation structure that could deliver extraordinary payouts to semiconductor employees while

Photo=Bithit Music BTS is set to make a special appearance at the 2026 American Music Awards on May 25 local time, according to entertainment industry reports released May 20, extending the South Korean group’s longstanding presence at one of the United States’ major music award shows. The ceremony will be held at the MGM Grand Garden Arena in Las Vegas,