AJU PRESS - ASIA NEWS HUB

Samsung Live: Another last-ditch round of talks underway as strike deadline looms SEOUL, May 19 (AJP) - Samsung Electronics and its largest labor union returned to the negotiating table on Tuesday for a second day of government-mediated talks, with a planned full-scale strike just two days away. Negotiators from both sides are working to reach a deal over disputes involving wages and performance bonuses following massive profits.
Starbucks Korea removes controversial campaign after CEO sacked SEOUL, May 19 (AJP) -Starbucks Korea apologized and Shinsegae Group, the retailer that owns the largest coffee chain in South Korea, quickly dismissed its chief executive Monday after facing fierce public backlash and condemnation from President Lee Jae Myung over a controversial “Tank Day” marketing campaign launched on the anniversary of South Korea’s May 18 pro-democracy uprising. The coffee
KOSPI opens lower as end-of-chip-rally fears hammer tech shares SEOUL, May 19 (AJP) - South Korean stocks opened lower Tuesday as growing concerns of a peak in the global memory-chip cycle triggered an overnight selloff in U.S. technology shares, dragging down semiconductor and artificial intelligence (AI)-related stocks. The benchmark KOSPI fell 2.47 percent to 7,330.44 about an hour into trading, while the junior KOSDAQ dropped 1.69 percent to 1,092.34.