Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings 
DeepSeek Eyes $74 Billion Valuation Ahead of Planned China IPO 
Hyundai Takes Full Control of Boston Dynamics to Accelerate Humanoid Robot and AI Strategy 
Tesla Stock Outlook: Strong EV Sales Boost Earnings, but AI Projects Drive Long-Term Value 
Sam Altman Admits OpenAI Missteps, Promises Major AI Comeback Focused on User Freedom 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
Volvo Cars Q2 Profit Falls as Automaker Bets on EX60 EV to Drive Recovery 
Netflix Stock Drops After Weak Q3 Outlook Overshadows Mixed Q2 Earnings 
Wall Street Ends Lower as AI Selloff, Iran Tensions Weigh on Tech Stocks 
Trump Threatens Higher Canada Tariffs as Wildfire Smoke Sparks U.S. Air Quality Crisis 
Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand 
Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook 
Oil Prices Set for Weekly Surge as U.S.-Iran Conflict Fuels Supply Fears 
United Airlines Beats Q2 Earnings, Raises 2026 Profit Outlook Despite Higher Fuel Costs 
U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation 
PayPal Rejects $53 Billion Stripe-Advent Takeover Offer as Too Low: Report 
CJ CheilJedang food company revealed on Wednesday, Nov. 16, that it had rebranded its line of porridge meals. The food manufacturing unit of the CJ Group said the goal for this move is to strengthen its image as a leader in the rice-based food products market.
CJ CheilJedang Corp. said that its porridge line, which was known as Bibigo Jook, will now be sold as Hetbahn Soft Meal. The company also has its ready-to-eat microwaveable rice called CJ Hetbahn, and the porridge was apparently named after this brand.
According to The Korea Economic Daily, the company is also planning to introduce a new line of food products and, this time, will launch a Drinkable Meal. This was described as a new line meal replacement that is cereal-based. This will be sold under the Hetbahn Soft Meal brand as well.
“Hetbahn Soft Meal is a line of products that focuses on the inherent value of rice,” an employee at CJ CheilJedang said in a statement. “We are the only food company that uses internally developed polishing technology to realize the optimal texture of rice for porridge.”
Meanwhile, as CJ CheilJedang is preparing to release new brands and products, it is also reportedly struggling with its very first workers' strike. The employees staged a walkout in one of the company’s production plants, and this was confirmed by corporate officials late last week.
This strike which started last Thursday, Nov. 10, is said to be the first in the company’s 70-year history. It involves union members of CJ CheilJedang's Blossom Campus in Jincheon, North Chungcheong Province.
They are on strike after a failed negotiation on the removal of a blanket wage system and payment of workers’ bonuses of 16.6% based on annual salary per year. In the said blanket wage system, workers are paid monthly salaries that already include holiday work allowances, overtime pay, and night shift.
The union has not yet called for a full strike, and currently, the employees at different departments are taking turns in the protest. It was also noted that despite the strike, the production plants of CJ CheilJedang remained in full operation. Finally, the recently failed negotiation was already the union's 11th round with the management since June.
