-
Samsung Chairman apologizes for labor standoff as tech giant agrees to resume talks
SEOUL, May 16 (AJP) - Samsung Electronics Chairman Lee Jae-yong issued a rare public apology on Saturday regarding the ongoing labor dispute that has threatened a major disruption at the world’s largest memory chipmaker, just as management and labor groups agreed to return to the negotiating table. Returning to South Korea via Gimpo Business Aviation Center from an overseas business trip, Lee directly
-
Son Heung-min heads to fourth World Cup as Korea names 26-man squad
SEOUL, May 17 (AJP) - Son Heung-min will lead South Korea to his fourth and possibly final World Cup after head coach Hong Myung-bo named the 26-man squad for the 2026 tournament on Saturday. Hong announced the roster in Seoul, selecting three forwards, 10 midfielders, 10 defenders and three goalkeepers for the June 11-July 19 World Cup in North America. South Korea competes in Group A against Czechia,
-
AJP Market Watch: Black Friday's reality check as the spread has spoken
SEOUL, May 16 (AJP) -There is one number that explains Friday better than any index chart. On May 15, the yield gap between Korea's 10-year government bond and its U.S. equivalent compressed to roughly 27 basis points. That is historically thin. An emerging market sovereign with Korea's energy-import dependence, household debt burden, and geopolitical exposure normally commands a meaningfully larger cush