YONHAP reports Hyundai Motor union said wage talks failed to reach an agreement.

EKHBARIYA reports Iran has demanded that an agreement with the U.S. be signed in a European country to confer the pact international status.

The 2026 Lujiazui Forum, themed Financial development and cooperation under global governance initiatives: new visions, challenges and opportunities, will be held in Shanghai on June 17-18. More than 70 domestic and international speakers are expected, including Chinese central financial authorities; the Monetary Authority of Singapore (MAS); Hungary's central bank; Hong Kong's Financial Secretary; City of London representatives; the World Bank (WBG); the Shanghai Stock Exchange (SSE); Hong Kong Exchanges and Clearing (HKEX); several Chinese central financial institutions; and major foreign financial firms.