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According to Yonhap News Agency, the South Korean Foreign Minister stated that South Korean ships are passing through the Strait of Hormuz.

2026-05-20

According to Yonhap News Agency, the South Korean Foreign Minister stated that South Korean ships are passing through the Strait of Hormuz.

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2026-05-20

Samsung Electronics: The union's bonus demands are unacceptable on a societal level. Meeting the union's demands would undermine the company's core principles. The company plans to resolve the dispute through negotiations with the union.

Samsung Electronics: The union's bonus demands are unacceptable on a societal level. Meeting the union's demands would undermine the company's core principles. The company plans to resolve the dispute through negotiations with the union.
2026-05-20

South Africa’s trade authorities proposed broad tariff increases on steel imports to protect the domestic industry from what they called an “unprecedented emergency.” The measures target low-priced imports from countries including China and India, as

South Africa’s trade authorities proposed broad tariff increases on steel imports to protect the domestic industry from what they called an “unprecedented emergency.” The measures target low-priced imports from countries including China and India, as well as customs fraud and duty circumvention. Proposals include 10% tariffs on nearly 20 steel products, raising duties on pipes and related goods to 15%, and imposing 20% tariffs on certain tools and knives. Authorities also plan tighter import controls and a surveillance system to combat fraud and under-invoicing.
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