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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
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President Lee warns proxy revenge is serious crime
SEOUL, May 16 (AJP) - South Korean President Lee Jae Myung warned through a social media post on Friday that both requesting and carrying out private revenge through third parties constitutes a serious criminal offense. The statement addresses a growing trend of illegal retaliation services coordinated through encrypted messaging platforms. The direct warning from the president signals an intensified government
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South Korea's labor minister to meet Samsung management to avert strike
SEOUL, May 16 (AJP) - In a bid to mediate a labor dispute that threatens an unprecedented general strike of Samsung Electronics workers, South Korean Labor Minister Kim Young-hoon is scheduled to meet with Samsung executives as early as Saturday. The move follows a high-level meeting between the minister and union leadership to discuss demands that could fundamentally reshape the company's compensation structur
