Asia South Korea Poverty rate among older adults in South Korea fell below 40% for the first time thank to higher pensions and expanded welfare support; Despite the improvement, the country still records the highest elderly poverty rate among OECD countries
Asia South Korea Unionized workers at Samsung Electronics approved a new wage deal, averting an 18-day strike; The agreement includes uncapped long-term stock bonuses tied to semiconductor profits, potentially worth up to $440.000 per employee
Asia South Korea International schools in South Korea are highlighting gaps in the country’s school violence laws; Current rules are tailored to local schools and leave unclear standards regarding bullying and disciplinary cases involving foreign students
Asia South Korea Authorities warned that false terror threats, popular on April Fools’ Day, can trigger panic and major security responses; Police reminded that such hoaxes are punishable offenses, urging the public to avoid pranks that misuse emergency resources
Asia South Korea 24 million barrels of crude oil from the UAE have been secured amid global energy tensions linked to the Iran conflict; The deal includes emergency purchase options and plans for closer supply chain cooperation to prevent disruptions