Benchmark KOSPI rises more than 8 percent following deal to avert strike at top memory chip maker.

Samsung Electronics shares surged sharply on Monday after the company resumed mediated wage negotiations with its largest labour union, easing fears of a disruptive strike. The…

Court orders union to maintain normal production during any strike; shares jump 6.7pcGovernment officials warn that a strike could threaten economic growth and exportsUnion…

Samsung faces an 18-day strike after failed wage negotiations, threatening global semiconductor supply and the South Korean economy.