Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk 
Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment 
Trump Administration to Launch Voluntary AI Standards for Frontier Models 
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears 
Tesla Q2 Deliveries Lift Chinese Auto Suppliers as EV Demand Improves 
US Jobs Report Preview: June Payroll Growth Seen Slowing as Fed Rate Decision Looms 
Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production 
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert 
Oil Prices Steady as U.S.-Iran Peace Talks Ease Strait of Hormuz Supply Fears 
BHP Workers Approve New Labour Agreement at WA Iron Ore Operations 
US Stock Futures Hold Steady Ahead of June Jobs Report as Fed Rate Outlook Remains in Focus 
Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google 
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows 
New Zealand Consumer Confidence Rises in June as Inflation Expectations Ease 
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks 
SsangYong Motor Co. employees have begun taking rotational unpaid leaves as part of self-help measures.
The two-year rotational unpaid leave, which is an extension of a wage cut and suspended welfare benefits until June 2023, was agreed upon between the company and its workers last month.
The arrangement is for 50 percent of assembly line workers in the Pyeongtaek plant, and 30 percent of office workers taking turns going on unpaid leave through June 2022.
The SUV-focused carmaker has a workforce of 4,590 as of Monday, consisting of 3,190 on the assembly line and 400 in the office.
The workers also agreed on Ssangyong's plan not to hire replacements to about 150 employees set to retire each year in the next five years.
SsangYong has been in the debt-rescheduling process since April after its Indian parent Mahindra & Mahindra Ltd. failed to attract investors.
