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  • Korean submarine scores high with Canadian crew ahead of Ottawa decision Korean submarine scores high with Canadian crew ahead of Ottawa decision SEOUL, May 26 (AJP) - The Canadian crew after their first onboard journey aboard a South Korean submarine had only high praise for the ROKS Dosan Ahn Chang-ho, boosting Team Korea’s momentum in the final stretch of Ottawa’s multibillion-dollar competition to replace its aging submarine fleet. The KSS-III-class diesel-electric submarine arrived at Canadian Forces Base Esquimalt on Saturday after a
  • AJP Watch: Union divide and distrust deepen ahead of Samsung Elec vote AJP Watch: Union divide and distrust deepen ahead of Samsung Elec vote SEOUL, May 26 (AJP) - The AI windfall powering record earnings and soaring stock prices is increasingly turning into a curse in disguise for Samsung Electronics, as wage negotiations meant to share the rewards of the semiconductor boom instead expose widening internal disparities and threaten the company’s long-cultivated “One Samsung” ethos. Just days before a crucial ratification vote on
  • BOK to hold rate for yearlong this week and hike growth target BOK to hold rate for yearlong this week and hike growth target SEOUL, May 26 (AJP) - The Bank of Korea is widely expected to hold the benchmark rate at 2.50 percent, unchanged for a year, while sharply raising its 2027 growth outlook to around 2.5 percent from 2 percent to lay the groundwork for eventual tightening against mounting inflationary pressures from elevated energy prices, rising wages and overheated asset markets as the AI boom cushions the economy from the prolo
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