Business & Economy

Shinsegae Heir Apologizes Over Starbucks 5·18 Scandal and 5 More Business Stories

May 27, 2026

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Korea's retail dynasty faces a political firestorm while Samsung's union hits a wall and KOSPI surges.

Shinsegae vice chairman Jung Yong-jin steps up to personally address the Starbucks May 18th controversy as Samsung's display union loses a key legal battle and the Korean stock market stages a dramatic rally.

Shinsegae Heir Goes Public to Defuse Starbucks Crisis

Jung Yong-jin faces the cameras himself

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Samsung Union Loses Legal Bid as Pay Dispute Escalates

Court rejects collective bargaining halt

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KOSPI Rockets Nearly 4 Percent in a Single Session

Korean stocks surge as traders pile in

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This Korean Fund Covers Your First 20 Percent Loss

Only available for three weeks straight

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Hark Raises 700 Million as Global Startups Heat Up

India's Presha hits unicorn status too

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Xiaomi SU7 Versus Tesla Model 3 Splits Korean Drivers

The EV debate dividing office workers

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This article is AI-assisted editorial content by KoreaCue, based on Korean news sources and public information. It is not a direct translation of any original work.

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