Hyundai Motor’s Asan plant in South Korea faced a fresh flare-up in labor unrest after union leaders occupied a company office and damaged property, following a dispute over entry procedures at the factory gate. The incident comes after earlier clashes at the site over similar access controls. According to

The Financial Times reports that, as the Middle East conflict unfolds, Russia has emerged as the biggest beneficiary of the disruption to global oil flows. The blockade of the Hormuz Strait has redirected demand toward Russian crude, with FT citing a surge in Russia’s oil revenue as a result.

The National Pension Service of Korea and Allianz Global Investors signed an enterprise-wide strategic alliance on an MOU at the NPS Jeonbuk regional headquarters, marking the first time the pension fund formalized a cross-portfolio partnership with a global asset manager. AllianzGI is a global, full-service asset manager established in 1998.

South Korea’s President Lee Jae-myung visited Sanchang Market in Cheongju, North Chungcheong Province, on the afternoon of the 13th, meeting with merchants and citizens as part of his focus on livelihood issues. Market officials welcomed him, and crowds packed the alleyways to greet the president, who was described as

Seoul police have opened a direct investigation into what has been described in Korean media as a “prosecution drop trade” case, linked to discussions over whether prosecutors’ decisions could be traded for reforms. The inquiry centers on allegations that political actors sought to influence prosecutions in exchange for changes to

On the 13th, Lee Jeong-hyeon, chairman of the People Power Party’s (PPP) nomination management committee, announced his resignation, saying he has concluded he can no longer pursue the direction he had envisioned. He said that during the nomination process he strongly felt the need for change and reform and

On December 12, the Ministry of Land, Infrastructure and Transport, the Aviation and Railway Accident Investigation Board, and the Jeollanam-do Police’s forensic science division inspected debris stored behind the airport fire station at Muan International Airport. Officials said 24 of the debris items were among those estimated to be

Kakao Mobility, the operator of Korea’s largest taxi-hailing platform KakaoT, says it will accelerate a shift from a mobility service to a “physical AI”-based technology company, leveraging its vast mobility data and digital-transformation capabilities. In a letter to all employees delivered on the 12th, CEO Ryu Geung-seon said

South Korea’s Hanmi Pharmaceutical Co. is poised to appoint an external CEO, with Hwang Sang-yeon, head of private equity at HB Investment, widely regarded as the leading candidate to take the helm. If confirmed at the company’s shareholder meeting on the 31st, he would be the first chief

A new Korean-language book, Health Subscription Society by pharmacist Jeong Jae-hoon, published by Epike, runs about 320 pages and is priced at 20,000 won. It starts from the premise that health today is less a matter of treating disease and more a daily, self-managed project. The book asks whether