Samsung Electronics shares surged sharply on Monday after the company resumed mediated wage negotiations with its largest labour union, easing fears of a disruptive strike. The rebound helped lift the KOSPI, as Samsung’s heavy index weight amplified the market impact. Investor sentiment improved after political and corporate leaders intervened to calm tensions.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend