Samsung Electronics Shareholder Groups Rally Against Union’s Planned Strike as Market Cap Tops $1 Trillion As Samsung Electronics’ market value climbed past $1 trillion, some shareholder groups took to the streets to oppose the company’s union plan for a general strike. The groups called for a ban on the strike and said they would pursue tough measures, including damage claims, if an illegal strike occurs. Industry officials said Wednesday that shareholder groups including the Shareholder Action Practice Headquarters hung banners and held a rally in the Hannam-dong area of Seoul’s Yongsan dis May 6, 2026

BBQ Sales Jump 34% in Seoul Tourist Districts as Foreign Visitors Boost K-Chicken Demand As more foreign tourists visit South Korea, demand for Korean-style fried chicken is helping boost sales for major chains. Genesis BBQ Group, which operates the BBQ chicken franchise, said Tuesday that it posted sales growth in key Seoul commercial districts that draw large numbers of overseas visitors. The company said cumulative first-quarter sales this year in major areas such as Myeongdong and Hongdae rose 34.4% from a year earlier. By district, Hongdae sales climbed 61.8%, the f May 6, 2026

Honda Freezes Canada EV Plant Plan Indefinitely as North America Outlook Shifts Honda has decided to freeze indefinitely its plan to build an electric vehicle and battery manufacturing complex in Canada, as uncertainty grows in North America amid slowing U.S. EV demand and a policy shift by President Donald Trump’s administration. Nikkei reported Tuesday that Honda has effectively halted the project in Ontario and has begun talks with the Canadian government. The company is also said to be considering scrapping the plan altogether depending on the policy environmen May 6, 2026

North Korea Revises Constitution to Define Territory, Drop Unification Clause North Korea has revised its constitution to reflect the “two states” line advanced by State Affairs Commission Chairman Kim Jong Un, adding a new territorial clause that defines only the North as its territory and deleting provisions on national reunification. The revision also defines the commission chairman as “head of state” and, for the first time, specifies authority over the use of nuclear weapons. According to the text of the revised constitution disclosed at a briefing for rep May 6, 2026

Seongnam’s Sangdaewon 2 Redevelopment Sets Member Forum as Builder Dispute Nears Turning Point A court fight over replacing the builder has deepened divisions in the Sangdaewon 2 redevelopment project in Seongnam, south of Seoul, prompting the union to switch from an ouster meeting to a members’ forum. The move comes as a court ruling has cast doubt on both the builder change and the validity of a key vote, forcing the parties to reassess next steps. Industry officials said Tuesday that the Sangdaewon 2 Housing Redevelopment Union notified members it will hold a “members’ foru May 6, 2026

Park Ji-hoon to Star in TVING’s ‘The Legendary Cook Soldier,’ Premiering May 11 Actor Park Ji-hoon, who joined the ranks of so-called “10 million actors” after drawing 16.8 million moviegoers with the film ‘The Man Who Lives With the King,’ is taking on a new role — this time with a wok in hand. A production presentation for TVING’s original series ‘The Legendary Cook Soldier’ (written by Choi Ryong, directed by Jo Nam-hyung) was held Tuesday afternoon at the Pullman Ambassador Seoul East Pole in Jayang-dong, Gwangjin-gu, Seoul. Director Jo and cast members Park, Yo May 6, 2026

2 Killed, 3 Wounded in Shootings in Texas Koreatown; Police Cite Business Dispute Two people were killed and three others wounded in shootings in a Koreatown area near Dallas, Texas, authorities said. The Associated Press and Fox 4 reported that the shootings occurred May 5 (local time) at a shopping center in Koreatown in Carrollton, north of Dallas, and at a nearby apartment complex. Police said gunfire was reported about 10 a.m. near K-Town Plaza. When officers arrived, four adults had been shot. One man was pronounced dead, and two men and a woman were taken with May 6, 2026

South Korea’s Koo Pyo-cheol vows to meet 2% growth target despite Middle East war risks Deputy Prime Minister and Minister of Economy and Finance Koo Pyo-cheol said South Korea will hold to its 2% economic growth target this year despite the prolonged Middle East war, which he said is adding uncertainty and inflation pressure. Koo made the remarks May 5 (local time) after attending the Asian Development Bank annual meeting in Samarkand, Uzbekistan, along with the ASEAN+3 finance ministers and central bank governors meeting. “Because the Middle East situation is changing a May 6, 2026

International Contractors Association Names Kim Dae-sik Executive Vice Chairman The International Contractors Association of Korea said Tuesday it appointed Kim Dae-sik, who has served as South Korea’s ambassador to Oman, as its new full-time executive vice chairman and held an inauguration ceremony. In his inaugural remarks, Kim said he would use his diplomatic experience and network to become a “field-oriented vice chairman” who supports Korean companies in expanding overseas orders. He also said he would focus all efforts on widening the construction industry’s May 6, 2026

People Power Party rallies behind Yang Hyang-ja in Gyeonggi governor race South Korea’s People Power Party on May 6 pledged to unite behind its Gyeonggi Province governor candidate, Yang Hyang-ja, as it seeks victory in the June 3 local elections. Party leaders urged voters to use the election to hold the government and ruling party to account. Speaking at a “victory rally” at the party’s Gyeonggi headquarters in Suwon, party leader Jang Dong-hyuk criticized the Democratic Party for nominating Chu Mi-ae, saying the party had put forward what he called the “qu May 6, 2026