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Futures Slump, Ignoring Korean Euphoria, After Iran Rejects Trump Enriched Uranium Demands

A steady rebound in US equities driven by peak insanity in Korea (where the two chip stocks that account for most of the market surged and sent the Kospi soaring more than 8% overnight) faded after a report that Iran’s Supreme Leader issued a directive that the country’s near-weapons-grade uranium must remain in the…

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Interior minister expresses 'deep regret' over Starbucks Korea's 'Tank Day' campaign, vows boycott

Interior Minister Yun Ho-jung on Thursday said he will rule out using the South Korean operator of Starbucks in future government events, after the coffee chain came under fire for an inappropriate marketing campaign associated with a bloody military crackdown on a pro-democracy movement in 1980.

Original report

Interior minister expresses 'deep regret' over Starbucks Korea's 'Tank Day' campaign, vows boycott

SEOUL, May 21 (Yonhap) -- Interior Minister Yun Ho-jung on Thursday said he will rule out using the South Korean operator of Starbucks in future government events, after the coffee chain came under fire for an inappropriate marketing campaign associated with a bloody military crackdown on a pro-democracy movement in…

Original report

Korean works, including Han Kang's, to make return to Avignon Festival after 28 years

SEOUL, May 21 (Yonhap) -- Nine Korean works have been invited to the Avignon Festival set to take place in France this summer, organizers said Thursday, marking the first time in 28 years Korean-language productions will officially take the stage at one of the world's most prestigious performing arts festivals.

Original report

Seoul shares rally over 8% on tech gains after Samsung wage deal, Nvidia outlook; won rises

South Korean stocks spiked more than 8 percent Thursday on tech gains, after Samsung Electronics averted a strike and strong earnings from Nvidia, along with optimism over its robotics business outlook, boosted investor sentiment. The local currency gained ground against the US dollar.

Original report

Seoul shares rally over 8 pct on tech gains after Samsung wage deal, Nvidia outlook; won rises

SEOUL, May 21 (Yonhap) -- South Korean stocks spiked more than 8 percent Thursday on tech gains, after Samsung Electronics averted a strike and strong earnings from Nvidia, along with optimism over its robotics business outlook, boosted investor sentiment. The local currency gained ground against the U.S. dollar.

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