Samsung, Union Resume Talks After Labor Action Scare; Goldman Says "Korea: Buy"

Samsung, Union Resume Talks After Labor Action Scare; Goldman Says "Korea: Buy" Downward momentum in South Korean stocks was halted on Monday as optimism returned to Samsung Electronics after the company and its union reopened talks to resolve contract disputes and avert a strike that could begin as soon as Thursday. Bloomberg reported that the union's leader would "sincerely engage" with Samsung executives. The world's most important memory chip maker was also granted several ...

By Tyler Durden