Britain warns: no currency union with independent Scotland
British Finance Minister George Osborne Thursday warned Scotland that it would lose pound if it decides to walk away from Britain, refusing to form a currency union with Scotland.
Talks between S. Korean rail union, management collapse
Negotiations collapsed on Friday between South Korea's state-run rail operator Korea Railroad Corp. KORAIL and its labor union as both sides failed to narrow differences over KORAIL's plan to operate the Suseo-dong High Speed Railway.
The Straits Times: NTUC touts '2 for 1' tie-up to woo professionals
Members of professional bodies and clubs will automatically become associate union members if their associations sign up with the labour movement.
EU leaders hail approval of single supervisor for European banks
European Commission leaders on Thursday hailed the formal approval by the European Parliament (EP) of the Single Supervisory Mechanism (SSM) for European banks.
Vietnam News: Trade union starts 11th Congress
The 11th Congress of the Vietnam General Confederation of Labor (VGCL) for the 2013-2018 tenure, opened in capital Hanoi yesterday, aiming to develop a stronger workforce, more ably equipped to protect their legitimate rights and interests.
Industrial dispute escalates in Australia
Workers at Rio Tinto's subsidiary Port Waratah Coal Services (PWCS) in Newcastle, Australia, have announced a new work stoppage scheduled for Friday following a four-hour pause a week ago, with further action endorsed by over 200 union members in an ongoing industrial dispute over pay and conditions.
Scholar disapproves collective bargaining legislation
A Hong Kong economist voiced stern opposition to collective bargaining right legislation for the city, saying that this would lead to overexpansion of trade union power, and eventually devastate the entire economy.
