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South Korean Labor Unrest Spreads Beyond Tech as Unions Demand Profit Sharing
Gelişiyor
Business·23.07.2026AI özeti

South Korean Labor Unrest Spreads Beyond Tech as Unions Demand Profit Sharing

South Korean labor unions are escalating demands for profit-sharing and bonuses across various industries, following Samsung Electronics' concession of over $400,000 bonuses to some employees. Strikes and demands for significant operating profit allocations are spreading from chipmakers to automotive, heavy industries, telecom, and tech sectors, highlighting investor risks.

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SCMP Economy
1 dk okuma
‘Art of the deal’: UK telecoms exit fits Li family’s trademark timing for selling at top
HABER
11.05.2026

‘Art of the deal’: UK telecoms exit fits Li family’s trademark timing for selling at top

CK Hutchison Holdings’ shares climbed to their highest level since 2020 after the conglomerate announced plans to exit the UK mobile market, signalling that investors believe the Li family may once again have timed an industry peak before the broader market. Shares rose about 12 per cent to HK$73.30 on Monday from the May 5 close, after the company said it would sell its 49 per cent stake in VodafoneThree for US$5.8 billion. CK Hutchison said the disposal was expected to generate a gain of about...

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SCMP Economy
Thailand’s former prime minister Thaksin released on parole
HABER
11.05.2026

Thailand’s former prime minister Thaksin released on parole

Thailand’s former prime minister Thaksin Shinawatra was released from prison on parole on Monday, raising the prospect of a return to the spotlight for the political heavyweight. The 76-year-old telecoms billionaire has been serving a one-year prison sentence for corruption since September. He is required to wear an electronic monitor until his probation ends in four months. His hair closely cropped and in a simple white shirt, Thaksin walked out of prison around 7.40am and was immediately...

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SCMP Economy
China's Trade Transformation: From Goods to High-Tech Services Exports
HABER
03.05.2026AI özeti

China's Trade Transformation: From Goods to High-Tech Services Exports

China is undergoing a structural trade transformation, shifting from exporting physical goods like footwear and handbags to becoming a major exporter of manufacturing technology and services. In 2025, China's exports of telecoms, computer and information services reached US$118 billion, a 13% year-on-year increase, while traditional goods exports declined—footwear fell 9% to US$46 billion and handbags/suitcases dropped 13% to US$30 billion. Companies like Guangzhou-based iRootech are leading this shift, exporting industrial AI and computer vision technology to global manufacturers.

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SCMP Economy
1 dk okuma