Business sentiment survey / Samsung shares fall / Japan vice minister

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2019 EU-ASEAN Business Sentiment Survey (Resource).  “77% of respondents believe they face unfair competition in the local/regional environment at least occasionally”

EU-ASEAN Business Council: https://docs.wixstatic.com/ugd/63371b_2605df6085c3460eac6b017ed3cf7099.pdf

 

A blow to Samsung: Top court rules Lee Jae-yong guilty in graft scandal.  Samsung Electronics shares extended losses to a decline of 2% after the ruling, while those of affiliates Samsung BioLogics and Samsung C&T fell nearly 8% and 6%.

The Korea Times: https://www.koreatimes.co.kr/www/nation/2019/08/251_274767.html

 

Japanese vice labor minister quits over visa-related graft scandal.  A vice labor minister quit amid allegations that he planned to solicit bribes from a temp agency, in return for his help speeding up visa procedures for foreigners it intended to dispatch to Japanese firms, labor minister Takumi Nemoto said.

Japan Today: https://japantoday.com/category/crime/japanese-vice-labor-minister-quits-over-visa-related-graft-scandal

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