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[ THE INVESTOR ] Shareholders of four Lotte companies approved a plan to set up a holding company on Aug. 29, in a move that is expected to tighten the grip of Chairman Shin Dong-bin as the group...
[ THE INVESTOR ] Samsung Electronics Vice Chairman Kwon Oh-hyun delivered an official statement to staff on Aug. 28 on the latest verdict on the firm’s heir-apparent Lee Jae-yong , urging worke...
[ THE INVESTOR ] On the eve of the court’s ruling on Samsung’s de facto leader on Aug. 24, tensions mounted in South Korea’s corporate community over how the tycoon’s fate would impact the future o...
[ THE INVESTOR ] The Seoul Central District Court on Aug. 23 barred the live coverage of the upcoming verdict on Samsung Electronics Vice Chairman Lee Jae-yong . The court also decided not to ...
[THE INVESTOR] Naver founder Lee Hae-jin has reduced his stake in the internet giant ahead of the change of its legal status as chaebol, which will lead to heightened antitrust scrutiny. According ...
[ THE INVESTOR ] Samsung and two other leading family-controlled conglomerates in Korea accounted for a big chunk of listed firms’ first-half earnings, data showed on Aug. 21. According to the d...
[ THE INVESTOR ] Cho Yang-ho, chairman of Hanjin Group and Korean Air , is facing a criminal investigation over an allegation that he used company funds on his home remodeling. The National Poli...
[THE INVESTOR] Korean retail giant E-Land Group said on Aug. 17 it had named Lee Yun-ju as its first female chief financial officer to lead its plan for setting up a holding company. The new appoin...
[THE INVESTOR] Hyundai Card CEO Chung Tae-young on Aug. 17 apologized for what is being criticized as a “disrespectful” concert performance by American pop singer Ariana Grande in Seoul. Grande ...
[THE INVESTOR] GM Korea, the Korean unit of General Motors, announced on Aug. 17 it has named Kaher Kazem, president and managing director of GM India, as its new CEO from Sept. 1. The new appointm...
[ THE INVESTOR ] Lee Hae-jin , the founder of South Korean internet giant Naver , has visited the Fair Trade Commission to seek an “ownerless” status designation for the company, as it is on co...
[THE INVESTOR] Hyundai Motor Group Chairman Chung Mong-koo earned 4 billion won (US$3.51 million) in salary in the first half of this year, while his son and vice chairman Chung Eui-sun received 62...
[THE INVESTOR] With the sentencing of Samsung’s heir apparent Lee Jae-yong slated for next week, there have been growing speculations over whether the tech giant will change its previous strategy on...
[THE INVESTOR] Dong-A Socio Holdings Chairman Kang Jung-seok was arrested on Aug. 8 for allegedly offering kickbacks to local hospitals and evading taxes. The Busan District Court issued a warrant ...
[THE INVESTOR] A special prosecutors’ team on Aug. 7 sought a 12-year jail term for Samsung Group Vice Chairman Lee Jae-yong on bribery and embezzlement charges. The 49-year-old Samsung heir is sus...
Yanolja preps to go public in 2022
Antitrust watchdog drafts law to regulate online platforms
Kakao Pay eyes IPO next year
SC Bank Korea partners Toss to launch short-term personal loan
Big Hit’s offering price fixed at 135,000 won
Proptech startup Kasa Korea attracts W9.2b in series B funding
Korean lenders struggle with New York hotel-retail project investment
Netmarble launches storytelling game BTS Universe Story, second collaboration with BTS
September 30, 2020
