Hyundai union plans partial strikes this week; Kumho Tire union suspends month-long strike

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Corporate developments

Kumho Tire has incurs losses of USD127.7 million from 39-day walkout

The labour union for Hyundai's South Korean workforce is planning to stage partial strikes at all the company's domestic plants this week, if the management and the union fail to reach a new wage agreement, reports Dow Jones Institutional News.

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