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Recent News Headlines : Chaebol
KOREAN GIANTS ARE UNDER THE MICROSCOPE AGAIN NOW FOR THEIR GIVING
The assets of most foundations consist largely of shares with voting rights in chaebol-affiliated companies... READ MORE›
LOTTE TO SELL HYPERMARKET IN CHINA DUE TO PLUMMETING SALES
So far, 87 out of the 112 Lotte Mart stores in China have been closed for over six months... READ MORE›
Trending News Headlines : Chaebol
On Tuesday, after the episode on the flight bound for Incheon, South Korea, from New York's Kennedy Airport had become public, Ms... READ MORE›
SAMSUNG HEIR GETS 5 YEARS FOR SCANDAL THAT TOPPLED A PRESIDENT
Prosecutors had sought 12 years in prison for the 49-year-old billionaire, whose lawyer said he would appeal... READ MORE›
HIGH SCHOOL DROPOUT TURNS BILLIONAIRE
A high school dropout born in a textile factory slum, Bang Jun-hyuk has used a hard-charging attitude to grow Netmarble Games Corp... READ MORE›
SAMSUNG HEIR'S NEW OFFICE IS IN PRISON HOUSING A SERIAL KILLER
Samsung's Jay Y. Lee is locked up in a prison notorious for housing convicted billionaires, a serial killer and the hangman's noose... READ MORE›
S KOREA OUSTED LEADER PARK CHARGED IN CORRUPTION PROBE
Former President Park Geun-hye charged with bribery, among others, over corruption scandal that led to her impeachment... READ MORE›
S KOREAN PROSECUTORS TO INVESTIGATE PRESIDENT NEXT WEEK OVER CONFIDANTE SCANDAL
If realized, Park would become the first South Korean president to be investigated by prosecutors as incumbent leader... READ MORE›
JAILED SAMSUNG CHIEF CAN GET PLENTY OF VISITORS, MAY STILL PLAY A CORPORATE ROLE
In the recent past, some top South Korean businessmen who have been in custody while on trial have used the lenient visitation regime to the full... READ MORE›
SOUTH KOREA'S LOTTE SAYS 4 RETAIL STORES IN CHINA CLOSED AMID POLITICAL TENSION
China is the biggest overseas market for Lotte Group, South Korea's No.5 conglomerate, generating annual sales of a little more than 3 trillion Korean won 2.60 billion in 2015... READ MORE›
RIVAL PROTESTS IN SEOUL OVER PARK GEUN-HYE IMPEACHMENT
Demonstrations in Seoul come as court prepares to hold final hearing on president's impeachment over corruption scandal... READ MORE›
KOREA CORPORATE CHIEFS DENY SEEKING FAVORS FOR DONATIONS
Middle school students who were leaving the parliamentary building as chaebol bosses arrived chanted Park Geun-hye step down!... READ MORE›
INSIDE A BILLIONAIRE'S PLOT TO OVERTHROW HIS BROTHER
Dong-joo commands 33.3 percent of votes at Lotte Holdings, theoretically giving him a larger say than the 22.3 percent directly controlled by the Japanese executives... READ MORE›
AFTER NIGHT IN CELL, SAMSUNG SCION TAKEN FOR QUESTIONING
Lee arrived at the special prosecutor's office at about 2 20 pm 0520 GMT clean-shaven and expressionless... READ MORE›
SOUTH KOREA'S OUSTED PRESIDENT PARK LEAVES BLUE HOUSE IN DISGRACE
President Park Geun-hye has just now departed the Blue House and headed for her private home, a Blue House official said by text message... READ MORE›
WHAT DOES THE JAILING OF ITS HEIR MEAN FOR SAMSUNG?
Lee's verdict is also likely to have been watched very carefully by South Korea's powerful chaebols... READ MORE›
SAMSUNG'S NEW BOARD GETS BACK TO BUSINESS
With the arrest of Jay Y. Lee, the 48-year-old vice chairman of Samsung Electronics Co... READ MORE›
SOUTH KOREA PARDONS 6,000 CRIMINALS INCLUDING BUSINESS TYCOONS IN MOVE TO HELP ECONOMY
President Park's decision is also expected to renew intense debate surrounding the influence held by chaebol - powerful, family-controlled business groups - in South Korea... READ MORE›
AUSTRALIA'S CROWN SAYS CHINA RELEASES ONE OF 18 DETAINED CASINO EMPLOYEES
Analysts have linked the detentions to Chinese laws banning casinos from advertising or promoting gambling in the Chinese mainland, such as offering credit to high-spending clients... READ MORE›
BUSINESS ELITE GRILLED OVER PARK SCANDAL
South Korean President Park Geun-hye is facing an impeachment vote over a corruption scandal... READ MORE›
KOREAN AIR CHIEF'S DAUGHTER APOLOGISES FOR 'REVENGE' MESSAGE
Was sent by Cho Hyun-Min, 31, on December 17 when Korean Air KAL heiress Cho Hyun-Ah was summoned by prosecutors for questioning... READ MORE›
WHAT COMES NEXT FOR KOREA'S TOP FIRMS AFTER SAMSUNG HEIR CONVICTED
Today, Jang is Moon's chief policy maker and Kim is the top chaebol cop as head of the Fair Trade Commission... READ MORE›
SOUTH KOREA SAYS TOUGH LUCK TO HANJIN AS SHIPPING LINE SINKS
Playing hardball with Hanjin, with just 1,428 employees in South Korea, is easier to do politically than with Daewoo Shipbuilding, which employs 38,000... READ MORE›
STAFF FEAR THE CHOP IN SAMSUNG ELECTRONICS ANNUAL RESHUFFLE
The younger Lee, 46, has been the de-facto decision maker as his father, Samsung Group patriarch Lee Kun-hee, remains hospitalized following a heart attack in May... READ MORE›
SK HYNIX TO SPEND $26 BILLION FOR TWO NEW SOUTH KOREA CHIP PLANTS
The new plants are part of a 46 trillion won investment plan first announced by conglomerate SK Group that controls SK Hynix last week... READ MORE›
SAMSUNG GROUP SELLS SHARES IN CHEMICAL, DEFENSE ARMS FOR $1.7 BILLION
Samsung Group is reorganizing its business empire to make it easier for the children of Samsung Electronics Co Ltd 005930... READ MORE›
AN $830,000 HORSE, A PRESIDENTIAL SCANDAL AND SAMSUNG SUCCESSION
The combination helps make it easier for Lee to take control over Samsung Group, a sprawling conglomerate of nearly 60 companies, and crown jewel Samsung Electronics... READ MORE›
SAMSUNG SCION TO BE INDICTED ON BRIBERY CHARGES
Samsung said that Park Sang-jin, a president at the flagship Samsung Electronics, had also stood down... READ MORE›
SOUTH KOREA PROSECUTOR SAYS PRESIDENT INVOLVED IN SAMSUNG BRIBE
Lee, a third-generation leader of the Samsung tech giant chaebol, and four other executives, were last week charged with bribery and embezzlement over the corruption scandal... READ MORE›
SAMSUNG GROUP COMPANIES' MERGER DEAL RUNS INTO FRESH OPPOSITION
Cheil and Samsung C T are also lobbying for investor support, promising improved shareholder returns and a better corporate governance structure for the post-merger company... READ MORE›
SOUTH KOREA'S TYCOONS FACE GRILLING IN PRESIDENT PARK SCANDAL
There are two powers in South Korea that were untouchable - the president and the chaebol owner families, he said... READ MORE›