Japan Yen Slides Past 163 as Middle East Tensions Lift US Dollar, Oil Prices 
Australia Jobs Surge in June Strengthens Case for More RBA Rate Hikes 
US Dollar Climbs to Weekly High as Middle East Tensions Lift Treasury Yields and Safe-Haven Demand 
South Korea Q2 GDP Beats Forecasts as AI Chip Exports Drive Growth 
US Stock Exchanges Face Earnings Test as Trading Boom Meets Crypto Competition 
Asian Stocks Rally on AI Spending Optimism as Middle East Tensions Push Oil to Six-Week High 
Super Micro Computer Stock Jumps 20% After Record AI Orders and Margin Surge 
Lockheed Martin Unveils Lower-Cost Patriot ACE Interceptor to Meet Rising Air Defense Demand 
Australia ASIC Tightens Auditor Oversight After KPMG Leak Scandal 
ASEAN Ministers Warn Middle East Conflict Threatens Regional Stability and Energy Security 
Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields 
Ryanair Warns Summer Airfares May Stay Lower as Quarterly Profit Misses Estimates 
SpaceX Q2 Earnings on Aug. 4 Set Stage for Historic Insider Share Unlock 
US-Iran Conflict Escalates as Gulf Attacks Threaten Global Oil Supply 
Chalco Shares Jump as Chinalco Plans Up to $300 Million Stake Increase 
Gold Price Jumps Near 2% Above $4,080 as Middle East Tensions Lift Safe-Haven Demand 
Oil Prices Extend Four-Day Rally as U.S.-Iran Conflict and Red Sea Threats Raise Supply Fears 
Samsung Electronics Co. earned the World’s Best Employer title in Forbes’ annual list. The South Korean firm defended its no. 1 ranking for the fourth straight time, beating leading American tech companies - Apple Inc. and Alphabet’s Google.
In the latest annual survey of the US-based business magazine, Samsung Electronics topped its World’s Best Employers list once again. This is the magazine’s seventh yearly survey for the said category and was originally published earlier this year, according to The Korea Economic Daily.
Top-Ranking Companies on the List
Samsung Electronics ranked first for the first time in 2020, and at that time, it displaced Microsoft Corp., which originally occupied the spot. Since it secured the topmost place, it naturally defeated Apple and Google as well. Completing the top 7 list were International Business Machines Corp. (IBM) and Adobe Inc., which came in sixth and seventh place, respectively.
It is worth noting that only Samsung Electronics is the Asian firm that made it to the top 20 group. Forbes said that the top honorees this year offered the best opportunities and benefits to their workforce.
Traits that Made Samsung the Best Employer in the World
Forbes mentioned that to be the best employer, offering workers various opportunities, skills and talent development, and remote working options are the most important factors. For Samsung, it claimed victory because it steadily improved and innovated its working environment, corporate culture, and overall working system.
The Korean firm was also recognized for its efforts in offering its staff a wide range of health and well-being benefits - for both mental and physical aspects. It also implemented various programs for employees where they can participate in social contribution projects and more.
How Forbes Determines the Ranking
Forbes stated that it came up with the list this year by teaming up with Statista market research firm, which surveyed over 170,000 employees in more than 50 countries. The workers are employed in multinational companies and institutions. The responses were combined to determine a score, and based on the numbers, they are listed in the sheet.
Meanwhile, for this year’s ranking, Microsoft closely follows behind Samsung Electronics to claim the second spot. Alphabet placed third, with Apple and Ferrari placing fourth and fifth, respectively.
Photo by: Samsung Media Library
