South Korea's KOSPI Index Surges 6.4% on May 21 After Samsung Union Averts Strike Threat

According to BlockBeats, on May 21, South Korea's KOSPI index surged 6.4% after Samsung Electronics and its union reached a preliminary agreement to avert a strike threat facing the world's largest memory chip manufacturer. Samsung shares jumped 7%, while competitor SK Hynix rose 8.4%. The exchange temporarily halted program trading on both the KOSPI and KOSDAQ indices following the futures rally.
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