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Samsung electronics union to hold wage talks next week
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Samsung Electronics' labor union announced on Friday that it will resume wage negotiations with management next week. The decision follows the breakdown of initial talks over bonuses and acceptance of government mediation requests. Unionized workers had threatened an 18-day general strike starting May 21.
North Korean troops marched in Russia's Victory Day military parade in Moscow for the first time on Saturday, highlighting deepening military cooperation with Russia.
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A South Korean government team continued its on-site investigation on Saturday into the cause of the fire that struck the HMM Namu while the vessel was in the Strait of Hormuz earlier in the week.
President Lee Jae Myung vowed on Friday to build a nation where the state shares the responsibility of parents and cares for their well-being in old age. He made the pledge in a Facebook post and at a ceremony in Seoul to mark Parents' Day.
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The historical drama film 'The King's Warden' scored major wins at the 62nd Baeksang Awards on Friday.
U.S. Treasury Secretary Scott Bessent is expected to visit South Korea next week for talks with senior officials in Seoul. He will then head to China to prepare for a summit between President Donald Trump and Chinese President Xi Jinping.
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South Korea and the United States signed a memorandum of understanding on Friday to strengthen bilateral shipbuilding cooperation. The deal forms part of a trade agreement under which Seoul pledged $150 billion in U.S. shipbuilding investments.
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