Chaebol

News

Samsung Heir Freed From S Korea Jail

Samsung heir Lee Jae-yong has been freed from jail after a South Korean court suspended his five year jail term for...

News

Minority Ready To Consider KT Hammond’s AMERI Proposal – John Jinapor

A former deputy Minister for Power, John Jinapor has said that he is not perturbed about a proposal for the government...

Headlines

Park Refuses Order To Testify In Samsung Heir’s Trial

South Korea's disgraced former president Park Geun-Hye on Wednesday again refused to testify in the corruption trial of...

News

Samsung To Invest $18 Billion In Memory Chip Business

Samsung Electronics will invest nearly $18bn in its chip business, the South Korean firm said Tuesday, as it seeks to...

Headlines

Samsung To Invest $380 Mn In New Plant In US

Samsung plans to invest $380 million and hire nearly 1,000 workers for a new manufacturing plant for home appliances in...

Headlines

Ousted South Korean Leader Park Due To Go On Trial

Ousted South Korean leader Park Geun-Hye is due to go on trial Tuesday over the spectacular corruption scandal that...

News

South Korea Presidency ‘won By Liberal Moon Jae-In’

South Korean voters have overwhelmingly chosen the liberal candidate Moon Jae-in as their next president, an exit poll...

Headlines

At Least Six Killed In S. Korea Crane Accident

At least six Samsung workers building a $500 million ocean platform for French energy giant Total were killed in a...

International

Samsung Forecast Beats Estimates Despite Scandals and Fires

Samsung Electronics is on track to report record annual earnings, despite its de-facto boss going on trial in a...

Headlines

S.Korea Throws Shipbuilder Daewoo New $6 Bn Lifeline

South Korea offered troubled Daewoo Shipbuilding & Marine Co. a new $6 billion bailout on Thursday, as the giant firm's...

Headlines

S. Korea Approaches WTO Over China Economic Retaliation

South Korea has approached the World Trade Organisation (WTO) in connection with measures imposed by China over the...

Headlines

S.Korea’s Lotte Family Owners Go On Trial For Graft

Four members of the family who control South Korea's troubled retail giant Lotte, including its 93-year-old founder,...

Headlines

Samsung Heir Denies Charges At Preliminary Hearing

The heir to the Samsung business empire denies all charges in connection with a wide-ranging corruption scandal, his...

Headlines

Dozens of Lotte Stores Suspended In China Amid Missile Row

South Korean retail giant Lotte has been forced to shut down dozens of stores in China, it said Tuesday as diplomatic...

Headlines

South Korean Firm Lotte, Seoul Face China Backlash In Missile Row

South Korea's Lotte Group faces an escalating backlash in China after providing land for a US missile-defence system,...

Headlines

Pressure Mounts On S.Korea’s Chaebols

Once a driver of growth and a source of national pride, South Korea's family-led conglomerates are becoming instead...

Top Stories

Samsung Heir Charged With Bribery and Embezzlement

South Korean prosecutors charged the de facto chief of Samsung, Lee Jae-yong, with bribery and embezzlement on Tuesday,...

Top Stories

Samsung Group Chief To Be Charged With Bribery, Embezzlement Amid Scandal

South Korea’s special prosecutor’s office said on Tuesday it will charge Samsung Group chief Jay Y. Lee and four...

Headlines

Arrested Samsung Heir Appears Handcuffed For Questioning

Handcuffed and bound with ropes, the heir of electronics giant Samsung appeared for questioning Saturday over his...