Yonhap reports SK Hynix and its union have reached a preliminary collective bargaining deal that includes a 6.3% wage increase and adjustments to the profit-sharing bonus: 40% paid in cash and 60% in stock. Of the stock portion, 40% may be sold in th

2026-08-20

Yonhap reports SK Hynix and its union have reached a preliminary collective bargaining deal that includes a 6.3% wage increase and adjustments to the profit-sharing bonus: 40% paid in cash and 60% in stock. Of the stock portion, 40% may be sold in the grant year and the remaining 20% will be deferred. The package also increases employee welfare points. The union plans a representative vote to ratify the agreement.

Other News
2026-08-20

Federal Reserve meeting minutes: Almost all members of the Federal Open Market Committee believed that it was appropriate to retain the relevant wording in the policy statement that affirmed the Federal Open Market Committee's "will achieve price sta

2026-08-20

Energy: 1. Abu Dhabi National Oil Corporation (ADNOC) cut crude oil shipments to Asia, causing the price of its flagship crude, the Murban, to rise. 2. Iranian media: Iran has earned $7.5 billion in oil-related foreign exchange in the first four mo