Korean

'We are not your enemy,' say South Korean truckers striking for minimum wage protection

‘We are not your enemy,’ say South Korean truckers striking for minimum wage protection

UIWANG, South Korea, Dec 5 (Reuters) – Inside five white tents outside the Uiwang container depot near Seoul, about 200 striking truckers huddle around gas heaters, trying to fight against the freezing cold and the government’s talk that they are well paid “labour aristocracy.” They are only too aware of the impact their strike has …

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South Korean president warns of crackdown as truckers' strike enters second day

South Korean president warns of crackdown as truckers’ strike enters second day

By Ju-min Park and Heekyong Yang SEOUL (Reuters) – South Korean President Yoon Suk-yeol has warned that the government may intervene to break up a national truckers’ strike, describing it as an illegal and unacceptable move to hold the national supply chain “hostage” for an economic crisis. Thousands of unionized truckers launched their second major …

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Tesla safety at center of South Korean lawsuit over fatal crash

Tesla safety at center of South Korean lawsuit over fatal crash

SEOUL, Nov 21 (Reuters) – Two years ago, in an upscale Seoul neighborhood, a white Tesla Model X slammed into the wall of a parking lot. The fire accident killed a prominent lawyer – a close friend of the South Korean president. Prosecutors have charged the driver with manslaughter. He blames Tesla. Choi Woan-jong, who …

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Korean VC Sopoong closes $8 million fund for startups focused on environmental impact

Korean VC Sopoong closes $8 million fund for startups focused on environmental impact

Two years ago, South Korea unveiled a plan to achieve carbon neutrality by 2050. Getting there will be another story. AAlthough Korean manufacturers say they are trying to change their ways, the country’s GDP is tied to some particularly polluting industries, including petrochemical producers, automakers and shipbuilders. Although some businesses are never truly sustainable, a …

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