AGP Executive Report
Last update: 7 hours agoRegional Diplomacy: President Lee Jae Myung heads to Manila for the ASEAN summit and Shenzhen for APEC next week, as Seoul seeks closer cooperation on energy and supply chains. Foreign Minister Cho Hyun will meet China’s Wang Yi ahead of the summit; officials say U.S.–North Korea talks there are unlikely. Chip Investment: Samsung’s 6 trillion-won packaging plant in Asan is expected to spur about 40 trillion won in additional investment in advanced equipment, Lee said. Antitrust Fight: Coupang plans to challenge a 300.9 billion-won fine over alleged pressure on restaurants to match its delivery-app terms. Public Safety: A bus crash involving 32 vehicles in Seongnam injured 57 people, including nine seriously. Cybersecurity and Jobs: Hackers stole personal information from South Korea’s Financial Security Institute, while October employment rose by 139,000, marking a fourth straight month of gains above 100,000.
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