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Samsung Elec seeks court injunction to block union strike
SEOUL, April 17 (AJP) - Samsung Electronics has moved to legally block a planned general strike by its labor unions, warning that disruptions to its semiconductor cleanrooms could trigger losses exceeding $20 billion and damage key client relationships. The South Korean tech giant filed for a provisional injunction with the Suwon District Court on Thursday to prevent what it described as "illegal" protest activities by a joint strike body formed by its three largest labor groups including the National Samsung Electronics Union (NSEU).
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Korean tanker safely clears Red Sea in first Hormuz workaround
SEOUL, April 17 (AJP) -A South Korea-linked crude carrier has safely exited the Red Sea after loading oil in Saudi Arabia despite Iranian military's threat of attacks on the corridor along the Saudi coast in protest to U.S. naval blockade of Tehran ports. The Korean sea flag carrier makes the first confirmed shipment to reach Korean-bound routes via a Hormuz bypass since the Gulf conflict disrupted one of the
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South Korea's prosecutorial overhaul enters uncharted territory
SEOUL, April 17 (AJP) - The fall of prosecutor-turned-president Yoon Suk Yeol did not end an epic downfall for a leader, but also the institution he had once represented. The prosecution has already lost much of its once-mighty power to the police and the Corruption Investigation for High-ranking Officials, with another agency pending, leaving it a near-defunct institution. The dramatic downsizing is
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