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Labor talks break down: Samsung mass strike countdown begins Management and the union at South Korean semiconductor giant Samsung Electronics failed to reach a wage agreement. After 17 hours of marathon negotiations on May 12, both sides announced that talks had broken down. The likelihood of the union launching a full-scale strike next week has increased, which could disrupt operations at the world's largest semiconductor manufacturer.
World
2026.05.14 17:30
Cathay Pacific: Patrick Healy retires as Chair, Guy Bradley succeeds Cathay Pacific Airways has outlined a set of board changes scheduled to come into effect after its annual general meeting on 13 May 2026. These include Patrick Healy stepping down as Chair and Executive Director after his retirement from the Swire group, as well as the resignations of Non-Executive Directors Sun Yuquan and Wang Mingyuan. The three directors confirmed they had no disagreements with the board, and the company expressed public thanks for their contributions.
Hong Kong
2026.05.13 12:30
Deepline | Geely built, Ford badged: New chapter in auto cooperation After completing the acquisition of Volvo 16 years ago, Geely and Ford may join hands again.
Deepline
2026.05.12 20:25
Watch This | Unitree launches manned transforming mecha, priced from RMB 3.9mn On May 12, Unitree Robotics officially unveiled the world's first mass-produced manned transforming mech, the GD01, with a starting price of RMB 3.9 million. This steel colossus, which combines manned operation, autonomous transformation, and immense power, marks a promising new phase in robotics research, development, and application.
China
2026.05.12 16:35
UBS: Gold may hit new highs as US$4,000 buying opportunity UBS maintains a positive outlook on gold and expects prices to hit new highs this year. Joni Teves, a precious metals strategist at UBS Investment Bank, said during a media conference call today (May 12th) that, in the medium to long term, the likelihood of gold prices rising—and even exceeding baseline forecasts—is continuing to increase.
World
2026.05.12 15:45
DDN Business Insider | Q1 GDP rises in mainland and HK: What explains their buoyancy? Last week, the Hong Kong Census and Statistics Department released preliminary estimates showing that in the first quarter of this year, Hong Kong's GDP grew 5.9% year-on-year—the strongest quarterly growth in nearly five years. At the same time, Mainland China's Q1 GDP grew 5.0% year-on-year, with the growth rate staying at the upper end of the full-year growth target range. Both Mainland China and Hong Kong got off to a strong start in the first quarter, drawing market attention.
DDN Business Insider
2026.05.11 17:30
US stocks finish higher after jobs report, chip deal U.S. stocks ended higher on Friday (May 8), fueled by a better-than-expected jobs report and a major partnership in the semiconductor industry.
World
2026.05.09 16:29
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