{"id":262899,"date":"2026-06-01T10:20:29","date_gmt":"2026-06-01T01:20:29","guid":{"rendered":"https:\/\/tenbizt.com\/en\/news\/uncategorized\/2026\/06\/01\/samsung-shares-surge-8-as-massive-strike-threat-looms\/"},"modified":"2026-06-01T10:20:30","modified_gmt":"2026-06-01T01:20:30","slug":"samsung-shares-surge-8-as-massive-strike-threat-looms","status":"publish","type":"post","link":"https:\/\/tenbizt.com\/en\/news\/politics\/2026\/06\/01\/samsung-shares-surge-8-as-massive-strike-threat-looms\/","title":{"rendered":"Samsung Shares Surge 8% as Massive Strike Threat Looms"},"content":{"rendered":"<p>Translation result.<\/p>\n<div class=\"videoWrap\">\n<div class=\"video\" ynvideowrap>\n  <video id=\"videoPlayer\" width=\"820\" height=\"460\" poster=\"https:\/\/media.yonhapnewstv.co.kr\/article\/MYH\/20260521\/MYH20260521203147EU2.jpg\" oncontextmenu=\"return\" false; controls=\"controls\" controlslist=\"nodownload\"><source src=\"https:\/\/media.yonhapnewstv.co.kr\/article\/MYH\/20260521\/MYH20260521203147EU2_700M1.mp4\" type=\"video\/mp4\"><\/video>\n <\/div>\n<\/div>\n<p> \u25a0Samsung labor and management reach a &#8216;dramatic agreement&#8217;\u2026 the key issue is the union ratification vote\u25a0 With the planned general strike temporarily on hold, Samsung Electronics is operating as usual. From tomorrow through the 27th, union members will vote on the tentative agreement; divisions within the union make the outcome especially significant. \u25a0KOSPI reclaims the 7,800 level in a single-day surge\u2026 Samsung shares leap\u25a0 With fears of a company-wide Samsung strike eased, South Korea&#8217;s main stock index, the KOSPI, jumped more than 8% in a single day and quickly retook the 7,800 level. Samsung Electronics shares rose by more than 8%. \u25a0Oil price cap frozen again\u2026 adjustment interval extended from 2 weeks to 4 weeks\u25a0 The government has frozen the sixth oil price cap, which takes effect tomorrow, for another cycle. Unlike the previous practice of applying a set cap for two weeks, the sixth cap will be applied in four-week intervals. \u25a0\u201cTattooing by non-medical personnel is not unlicensed medical practice\u201d\u25a0 The Supreme Court overturned a 34-year-old precedent that had treated tattooing as an &#8216;unlicensed medical practice&#8217; subject to punishment. With a law set to allow non-medical tattooing starting next October, the change in precedent should reduce confusion. \u25a0Official campaigning begins\u2026 party leaders target central regions\u25a0 Official campaigning for the June 3 local elections began today. Democratic Party leader Jeong Cheong-rae crisscrossed Seoul, Gyeonggi and the Chungcheong region to stump for candidates, while People Power Party leader Jang Dong-hyuk visited Chungcheong to emphasize holding the ruling administration accountable. Yonhap News TV inquiries and tips: KakaoTalk\/LINE jebo23, Kim Soo-kang (kimsookang@yna.co.kr)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Samsung&#8217;s labor agreement leads to a temporary halt of a strike, boosting the KOSPI index and Samsung&#8217;s stock price significantly.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_thumbnail_url":"https:\/\/cdn-union.tenbizt.com\/contents\/crawler-dev\/thumbnail\/2026\/05\/CP-2023-0139\/thumb-9cae7858-2345-4600-bf8b-373f81399fba.jpg","footnotes":""},"categories":[278093],"tags":[],"class_list":["post-262899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Samsung Shares Surge 8% as Massive Strike Threat Looms<\/title>\n<meta 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