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Hormuz reopening nears, but energy aftershocks to hit hard on Asia for months
SEOUL, May 24 (AJP) -A draft framework between the United States and Iran to reopen the Strait of Hormuz is nearing finalization, Washington claims, offering hopes for relief from one of the worst energy supply disruptions in recent years. But for energy-dependent Asian economies including South Korea, the shock is far from over as crude shipments from the Gulf still require weeks to reach refineries even after
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Samsung faces pressure from shareholders amid union vote on tentative deal
SEOUL, May 24 (AJP) - Samsung Electronics has allowed access to its register of shareholders. It comes amid growing opposition from some retail investors over a last-minute, tentative deal between management and its labor union last week that averted an 18-day strike but sparked fresh controversy over how the electronics giant distributes its unprecedented profits.
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Starbucks Korea under fire as marketing blunder spills into politics ahead of local elections
SEOUL, May 24 (AJP) - Starbucks Korea has found itself at the center of a growing political and social controversy just about a week ahead of local elections slated for June 3. The American coffee chain has already thrown in the towel, pulling its marketing campaign and posting an apology on its website.
Naegohyang becomes first N. Korean club to win Asian women's football title
Stray Kids to headline new music festival 'STRAYCITY' in Latin America
K-pop band BTS performs for 152,000 fans at Stanford Stadium
South Korean student filmmaker wins award at Cannes
Former mimiirose member Hyori releases duet single 'Neutron Star'
NCT's Taeyong begins 'WYLD' promotions with music shows, Seoul Jazz Festival
