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Industry

Samsung Electronics management and union reach tentative wage deal, halt general strike

Samsung Electronics and its labour union signed a tentative agreement on 2026 wage talks late on May 20, suspending a planned 18-day general strike from May 21 to June 7. The deal follows renewed talks after failed mediation and direct government involvement. Final approval depends on a union membership vote from May 22 to May 27. The agreement includes a new DS division special performance bonus scheme and an average wage increase of 6.2 percent.

Crypto

Bitcoin bullish bets return; retaking $85,000 hinges on ETFs

Bitcoin’s funding rate has turned positive, reviving short-term bullish positioning, while traders remain cautious. Perpetual futures annualised funding briefly rose to 6 percent, entering a neutral-to-bullish range for the first time in about a month. Spot U.S.-listed bitcoin ETFs saw net outflows on May 8 and 9, adding pressure. Options indicators stayed defensive. Hashrate has rebounded in May, easing concerns of miners leaving the network for AI.

Finance

Circle unveils Agent Stack to let AI agents pay with USDC

Circle unveiled a developer platform designed to let artificial intelligence agents hold their own wallets and automatically pay using USDC. The new platform, called Agent Stack, includes agent wallets, a command-line developer interface, a services marketplace and a machine-to-machine micropayment protocol. Circle said its nano-payment infrastructure enables gas-free USDC transfers and payments as small as $0.000001. The launch comes amid growing competition to link stablecoins with AI agents.