Photo=Kakao Employees at Kakao staged a one-day walkout on June 29 after labor and management failed to reach an agreement on a new performance-based bonus system, escalating a labor dispute that has dragged on for nearly two months. The action, known as "Logout Day," called on union members to take a full day of paid leave or scheduled time off

Photo=Motionelements The number of South Korean men leaving the workforce to care for preschool children or manage household duties reached a record high in the first quarter ended March 31, underscoring a gradual shift in traditional family roles as more women pursue full-time careers. According to data released on June 29 by Statistics Korea through the Korean Statistical Information Service

(Photo=South Korea’s National Pension Service) South Korea’s National Pension Service, the country’s mandatory public retirement system for most workers and one of the world’s largest institutional investors, is now projected to last five years longer than previously expected after record investment gains lifted its assets to about $950 billion. The National Pension Service collects contributions from workers and employers, invests

(Photo=Hyundai Motor Group) Genesis, the luxury vehicle brand of South Korean auto giant Hyundai Motor Group, completed this year’s 24 Hours of Le Mans in France, using one of motorsport’s most demanding races to support its push into the global high-performance luxury market. Competing in the top-tier Hypercar class on June 13 and 14, Genesis finished 13th after completing 372

(Photo=(left)LG, (right)Samsung) Samsung Electronics and LG Electronics spent decades fighting for space in kitchens, laundry rooms and living rooms. Now the two South Korean technology giants are trying to own the home before the refrigerator or washing machine ever arrives. The companies are pushing into AI-powered modular housing, a move that shows how the appliance business is changing as growth