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Samsung, Union Resume Talks After Labor Action Scare; Goldman Says "Korea: Buy"
Samsung, Union Resume Talks After Labor Action Scare; Goldman Says "Korea: Buy"
Downward momentum in South Korean stocks was halted on Monday as optimism returned to Samsung Electronics after the company and its union reopened talks to resolve contract disputes and avert a strike that could begin as soon as Thursday.
Bloomberg reported that the union's leader would "sincerely engage" with Samsung executives. The world's most important memory chip maker was also granted several requests by a Korean court, including orders to block the union from occupying company facilities.
The union...
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Jul 24, 2026 / Tyler Durden
"It's Getting Worse": HSBC Warns Commodities Face Squeeze As Chokepoint Chaos Spreads
"It's Getting Worse": HSBC Warns Commodities Face Squeeze As Chokepoint Chaos Spreads
The key takeaway heading into the weekend is that maritime chokepoint chaos has spread from the Strait of Hormuz to the Bab el-Mandeb Strait, while fighting across the Black Sea has intensified between Russia and Ukraine. The widening disruptions have prompted several institutional desks this week to warn that a potential squeeze on physical commodity markets could send prices from energy to agricultural goods higher.
"The Middle East conflict has escalated, putting a substantial squeeze back into commodity markets,"...
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Mar 28, 2026 / Patrick Newman
How the Jacksonians Caused America’s Industrial Revolution
America’s industrial revolution didn’t just happen. It came about because of the free market initiatives that came from the Andrew Jackson presidency.
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Apr 28, 2026 / Dave DeCamp
CENTCOM Says US Forces Boarded and Then Released a Commercial Ship in the Arabian Sea
US Central Command said on Tuesday that its forces boarded and then released a commercial ship in the Arabian Sea, as the US continues to enforce the blockade on Iranian ports, the main impediment to US-Iran peace talks. “Earlier today in the Arabian Sea, US Marines from the 31st Marine Expeditionary Unit boarded M/V Blue […]
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