The assets of most foundations consist largely of shares with voting rights in chaebol-affiliated companies... READ MORE›
So far, 87 out of the 112 Lotte Mart stores in China have been closed for over six months... READ MORE›
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›
Prosecutors had sought 12 years in prison for the 49-year-old billionaire, whose lawyer said he would appeal... READ MORE›
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'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›
Former President Park Geun-hye charged with bribery, among others, over corruption scandal that led to her impeachment... READ MORE›
If realized, Park would become the first South Korean president to be investigated by prosecutors as incumbent leader... READ MORE›
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›
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›
Demonstrations in Seoul come as court prepares to hold final hearing on president's impeachment over corruption scandal... READ MORE›
Middle school students who were leaving the parliamentary building as chaebol bosses arrived chanted Park Geun-hye step down!... READ MORE›
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›
Lee arrived at the special prosecutor's office at about 2 20 pm 0520 GMT clean-shaven and expressionless... READ MORE›
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›
Lee's verdict is also likely to have been watched very carefully by South Korea's powerful chaebols... READ MORE›
With the arrest of Jay Y. Lee, the 48-year-old vice chairman of Samsung Electronics Co... READ MORE›
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›
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›
South Korean President Park Geun-hye is facing an impeachment vote over a corruption scandal... READ MORE›
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›
Today, Jang is Moon's chief policy maker and Kim is the top chaebol cop as head of the Fair Trade Commission... READ MORE›
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›
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›
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 is reorganizing its business empire to make it easier for the children of Samsung Electronics Co Ltd 005930... READ MORE›
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 said that Park Sang-jin, a president at the flagship Samsung Electronics, had also stood down... READ MORE›
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›
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›
There are two powers in South Korea that were untouchable - the president and the chaebol owner families, he said... READ MORE›
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