Shinsegae Group chairman Chung Yong-jin on Tuesday apologised to the public in person, eight days after Starbucks Korea, run by the conglomerate, sparked controversy with its “Tank Day” marketing event, which critics say inappropriately referenced South Korea’s pro-democracy movement of the 1980s. “Regardless of the reason, the fact that we have hurt the hearts of our citizens carries a heavy resp...
Shinsegae Group chairman Chung Yong-jin on Tuesday apologised to the public in person, eight days after Starbucks Korea, run by the conglomerate, sparked controversy with its “Tank Day” marketing event, which critics say inappropriately referenced South Korea’s pro-democracy movement of the 1980s. “Regardless of the reason, the fact that we have hurt the hearts of our citizens carries a heavy responsibility,” Chung said during a press conference. “I will make no excuses. All responsibility for this matter lies with me. It is my fault.” “Everyone at Shinsegae, including myself, will remember our society’s history and sacrifices, and always deeply understand and respect the hearts of the public. The responsibility lies with the organisation and the management, including myself.” Advertisement Chung’s in-person apology came after the coffee chain launched a tumbler-related promotion on May 18, the date marking the annual commemoration of the Gwangju Democratic Uprising. The campaign drew criticism as the title was seen as evoking military vehicles used during the 1980 Gwangju crackdown under the military junta of Chun Doo-hwan, who became president later that year. Chun’s crackdown using a martial law army backed by tanks against a civic protest in Gwangju continued for nine days, killing 162 civilians and injuring more than 2,600. The victims included those shot or tortured to death. Advertisement The ad also used a phrase that roughly translates into English as “put it on the table with a sound of ‘Tak!’” The phrase references the infamous explanation given by police in the torture death of student activist Park Jong-chul, claiming that “he died with a gasp as we smacked the desk”. The remarks later became a major catalyst for South Korea’s democracy movement.
Key Points Global oil inventories fall a little more every day the geopolitical conflict in the Middle East continues. With oil inventories at an 11-year low, a resolution to the conflict won't lead to a swift return to normal. 10 stocks we like better than Enterprise Products Partners › The global oil market is a complex web of businesses and assets, including the amount of oil that is available....
Key Points Global oil inventories fall a little more every day the geopolitical conflict in the Middle East continues. With oil inventories at an 11-year low, a resolution to the conflict won't lead to a swift return to normal. 10 stocks we like better than Enterprise Products Partners › The global oil market is a complex web of businesses and assets, including the amount of oil that is available. Global oil reserves are at an 11-year low, by some estimates. That safety cushion is being eroded further each day the geopolitical conflict in the Middle East continues. Worse, it could take months for the oil market to return to normal after the conflict ends. With so much uncertainty, investors may want to err on the side of caution with these reliable dividend stocks. The problem with investing in oil stocks today Oil industry insiders keep warning Wall Street that the impact of the Middle East conflict isn't being fully reflected in oil prices. That's the issue highlighted by the 11-year low in energy reserves. Investors don't seem to be taking notice, as oil prices rise and fall in response to news about the geopolitical conflict. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » It is possible that industry fundamentals will eventually grab center stage, pushing oil prices higher. But it is equally possible that the conflict remains the driving force, with an end to the conflict pushing oil prices lower. There's just no way to know, because investors are highly emotional creatures. So long-term investors who want exposure to the energy sector should probably tread with caution. Buy the middlemen Enterprise Products Partners (NYSE: EPD) and Enbridge (NYSE: ENB) have both increased their dividends annually for decades. They offer yields of 5.5% and 4.8%, respectively. But the best part of the story is...
If you are wondering whether Apple stock still offers value after its strong run, it helps to step back and look at what the current price really implies. Apple shares last closed at US$308.82, with returns of 3.7% over the past 7 days, 13.9% over the past 30 days, 14.0% year to date and 58.8% over the past year, which naturally raises questions about how much optimism is already reflected in the ...
If you are wondering whether Apple stock still offers value after its strong run, it helps to step back and look at what the current price really implies. Apple shares last closed at US$308.82, with returns of 3.7% over the past 7 days, 13.9% over the past 30 days, 14.0% year to date and 58.8% over the past year, which naturally raises questions about how much optimism is already reflected in the price. Recent coverage around Apple has focused on its position at the center of major tech themes and ongoing product and ecosystem developments, which keeps investor attention firmly on the stock. This context helps explain why Apple often reacts quickly to headlines, as expectations around its long term role in consumer tech continue to shape sentiment. On Simply Wall St's valuation checks, Apple scores a , which suggests only one of the six checks currently points to the stock being undervalued. The next sections will break down different valuation approaches in detail and then finish with a broader way to think about what the market is really pricing in. Apple scores just 1/6 on our valuation checks. See what other red flags we found in the . Advertisement Approach 1: Apple Discounted Cash Flow (DCF) Analysis A Discounted Cash Flow, or DCF, model looks at the cash Apple is expected to generate in the future and then discounts those cash flows back to today to estimate what the business might be worth now. Apple’s last twelve month free cash flow is about US$128.96b. Using a 2 Stage Free Cash Flow to Equity model, analysts and Simply Wall St project annual free cash flows out to 2035, with explicit analyst inputs through 2030 and extrapolated values beyond that. For example, projected free cash flow in 2030 is US$186.55b, with the discounted value of that year’s cash flow at about US$124.37b. Adding the discounted values for each projected year results in an estimated intrinsic value of US$231.04 per share. Compared with the recent share price of US$308.82, this DCF out...
Anthropic has acquired Fractional AI to build its own consulting arm focused on enterprise AI deployment. The move positions Anthropic in more direct competition with Palantir Technologies (NasdaqGS:PLTR) in software plus services for large organizations. The development brings a major foundation model provider into long term AI implementation work with corporate and government clients. Palantir T...
Anthropic has acquired Fractional AI to build its own consulting arm focused on enterprise AI deployment. The move positions Anthropic in more direct competition with Palantir Technologies (NasdaqGS:PLTR) in software plus services for large organizations. The development brings a major foundation model provider into long term AI implementation work with corporate and government clients. Palantir Technologies, trading at $136.88, has been a high profile player in enterprise AI platforms and deployment services. The stock is up 1.3% over the past week and 11.0% over the past year, while the year to date return is down 18.5%. Over 3 years the return has been very large, and over 5 years it is also very large, reflecting how strongly the stock has moved over a longer window. Anthropic stepping into on the ground consulting directly touches Palantir’s core pitch of pairing software with close client support. For investors tracking NasdaqGS:PLTR, a key consideration is how this new competitor presence in integration and long term partnerships could influence Palantir’s ability to win and expand major enterprise AI deals. Stay updated on the most important news stories for by adding it to your or . Alternatively, explore our to discover new perspectives on Palantir Technologies. NasdaqGS:PLTR Earnings & Revenue Growth as at May 2026 Advertisement Quick Assessment ✅ Price vs Analyst Target : At US$136.88, Palantir trades about 26% below the US$183.73 analyst price target, so expectations are still ahead of the current price. : At US$136.88, Palantir trades about 26% below the US$183.73 analyst price target, so expectations are still ahead of the current price. ⚖️ Simply Wall St Valuation : Simply Wall St flags the stock as trading close to estimated fair value, so the discount to the analyst target is not reflected in its intrinsic value model. : Simply Wall St flags the stock as trading close to estimated fair value, so the discount to the analyst target is not reflected i...
The Reverend Canon Peter Douglas Koon Ho-ming was blunt when he said, “Once there are no political issues, everything in Hong Kong is a livelihood issue.” He was also correct. Housing is this city’s biggest livelihood issue . It is also the hardest to tackle by far. The current administration has probably done more in this area than previous ones. Since Beijing’s top official for Hong Kong affairs...
The Reverend Canon Peter Douglas Koon Ho-ming was blunt when he said, “Once there are no political issues, everything in Hong Kong is a livelihood issue.” He was also correct. Housing is this city’s biggest livelihood issue . It is also the hardest to tackle by far. The current administration has probably done more in this area than previous ones. Since Beijing’s top official for Hong Kong affairs Xia Baolong directly called for the eradication of subdivided flats and cage homes in 2021, the government had been forced to deal with its biggest headache: reaching its public housing targets and taking care of those stuck in subdivided flats, many of whom aren’t poor enough to qualify for public housing. Advertisement Even if they do qualify, the waiting period is long. For families with young children, this means they’re stuck in these shoebox-sized living spaces while their children grow. Fortunately for the government, Xia set a deadline of 2049, well down the line. Even with that distant deadline, something had to be done quickly unless the administration wanted to risk being seen as dawdling even after Xia’s ultimatum. First came the quick fix of introducing certification and standards to meet. With that system in place, certified subdivided homes will be officially called “ basic housing units ”. Advertisement Removing the problem of subdivided flats was never going to be simple. The government had to first determine the basic standards for living spaces and weigh them against its ability to take care of displaced families . It cannot crack down on the horrendous living conditions all at once without sending struggling families into the streets.