Samsung Biologics Union Begins Partial Strike After Talks Break Down Samsung Biologics’ labor union began a partial strike on the 28th after negotiations with management broke down. About 60 union members in the materials aliquoting unit joined the walkout starting that day. The partial strike is scheduled to run through the 30th. The union has demanded what it calls “setting personnel principles straight” and narrowing wage gaps within the group. Labor and management have held 13 bargaining sessions since their first meeting in December last year but fai April 28, 2026

Wednesday Forecast: Big Spring Temperature Swings, Highs Near 20 C Wednesday the 29th will bring generally mild spring weather nationwide, but temperatures will dip in the morning, making it feel chilly. Seoul’s morning low is forecast at 8 C, about 3 degrees lower than the previous day. Other areas are also expected to start in the single digits, keeping conditions cool early. Temperatures will rise sharply during the day, with most regions reaching around 20 C. Central areas will be mostly sunny, while the south and Jeju Island will be mostly cloudy. April 28, 2026

Google DeepMind CEO Demis Hassabis Meets South Korea’s Top Business Leaders on AI Chips Demis Hassabis, the Google DeepMind co-founder and CEO known as the creator of AlphaGo, has met in quick succession with leaders of major South Korean conglomerates as he seeks closer cooperation on AI semiconductors. The string of visits by global tech chiefs is fueling views that South Korea is emerging as a key hub in the global AI supply chain. According to industry officials on April 28, Samsung Electronics Chairman Lee Jae-yong held a closed-door meeting with Hassabis that afterno April 28, 2026

Ruling, Opposition Parties Clash Over Claim Witness Met Committee Chair Before Hearing Rival parties clashed April 28 at the National Assembly over allegations that Kim Seong-tae, a former Ssangbangwool chairman testifying as a witness, entered committee Chair Seo Yeong-gyo’s office before the hearing. Rep. Kim Hyeong-dong, floor secretary for the People Power Party, asked during the special committee’s comprehensive hearing that officials confirm whether Kim entered the chair’s office before 10 a.m., before proceedings began. If the witness met the chair in advance, Kim sai April 28, 2026

KOSPI Sets Another Record as Chip Stocks Drive Rally; How Long Can It Last? The KOSPI’s run of record highs shows little sign of slowing, with some market watchers saying the index could even push past 7,000 in short order if the trend holds. The rally has been led by semiconductors, as gains in Samsung Electronics and SK hynix — together accounting for more than 40% of total market value — have amplified the index’s rise. Analysts say how long the rally lasts will largely depend on the semiconductor cycle. Optimists argue that an AI-driven “super cycle” c April 28, 2026

Korea to List 2x Leveraged ETFs Tied to Samsung Electronics, SK Hynix as Hong Kong Demand Grows South Korea is set to list 2x leveraged exchange-traded funds tied to Samsung Electronics and SK Hynix by late May, drawing attention to whether money that flowed into Hong Kong-listed products could shift back to the domestic market. According to the Korea Securities Depository, as of April 24 the Hong Kong holdings of South Korean investors ranked the “CSOP SK Hynix Daily 2X Leveraged ETF (XL2CSOPHYNIX)” seventh and the “CSOP Samsung Electronics Daily 2X Leveraged ETF (XL2CSOP April 28, 2026

Korea Weighs Trading Curbs on Single-Stock Leveraged ETFs for Finance Staff, Civil Servants As South Korea prepares to introduce single-stock leveraged exchange-traded funds, attention is turning to whether financial investment professionals and civil servants will be allowed to trade them. The financial sector is already moving to effectively restrict employee trading, and similar rules are expected for government workers. Although the products are structured as ETFs, they track the price of a single company directly, fueling calls for tighter controls. The Korea Financial April 28, 2026

National Assembly Speaker, Six Parties Set May 7 Vote on Constitutional Amendment, Urge PPP to Join National Assembly Speaker Woo Won-shik and six political parties said April 28 they plan to put a constitutional amendment bill to a vote at a May 7 plenary session, alongside the June 3 local elections. The proposal includes adding the spirit of the Bu-Ma Democratic Uprising and the May 18 Democratization Movement to the Constitution’s preamble. They called on the People Power Party to stop what they described as opposition for its own sake and take part in the amendment effort. Woo and April 28, 2026

Foreign Minister Cho Hyun Meets Bhutan Prime Minister to Expand Cooperation on Climate, Economy Foreign Minister Cho Hyun met Monday afternoon with Bhutan Prime Minister Tshering Tobgay at the Foreign Ministry and discussed practical bilateral cooperation and regional developments. Cho welcomed Tobgay’s trip to South Korea, the first visit by a Bhutanese prime minister since 2010. He said he was impressed that Bhutan prioritizes citizens’ happiness and pursues environmentally friendly economic growth, and called for expanding mutually beneficial, practical cooperation between th April 28, 2026

CJ OnStyle Speeds Up Content Commerce With 'Devil Wears Prada 2' Campaign, KBO Goods CJ OnStyle is strengthening its content-commerce business by turning fandom-based intellectual property tied to film and sports into shopping experiences. Industry officials said CJ OnStyle has partnered with The Walt Disney Company Korea to run a large branding campaign inspired by the film ‘The Devil Wears Prada 2,’ which is set to open on the 29th. The campaign runs through May 14. CJ OnStyle said it is the only commerce platform in South Korea running the campaign. The slogan is “ April 28, 2026