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S.M. Entertainment on July 31 effectively refused to merge with Like Agency, a private business entity owned by Executive Producer Lee Soo-man, in its latest response to activist shareholders’ call ...
South Korean entertainment powerhouse SM Entertainment is under pressure to answer demands to improve shareholders’ value by the July 31 deadline. Korea Investment Value Asset Management on July 30 ...
Civil activists have vowed to prevent the troubled chief of Korean Air from getting paid billions of won worth severance pay should he leave his post as chairman. Cho Yang-ho, who was ousted from th...
Retiring executives -- whether they are members of conglomerates owned by families or professional mangers -- were paid most generously last year, according to data from the country’s financial watch...
Korean Air Chairman Cho Yang-ho’s ouster from the company’s board of directors on March 27 boosted investor confidence, as reflected in the share prices of the airline and its holding company. Almo...
[THE INVESTOR] More than 100 members of Korea’s major conglomerate owner families under the age of 50 are serving as executives, with three heading their groups, a corporate tracker said on Jan. 28....
[THE INVESTOR] Fresh tension is brewing at Hanjin Group, which controls Korea’s largest airline, after a local activist fund made a surprise announcement last week that it has acquired a 9 percent s...
[THE INVESTOR] The average age of CEOs leading companies under Korea’s five largest conglomerates came to 58.1 years, raising the possibility of a potential C-suite reshuffle by the year-end, accord...
[THE INVESTOR] Chiefs of South Korea’s three biggest conglomerates -- Samsung, SK and LG -- will join President Moon Jae-in’s visit to Pyongyang this week as part of the 52-member presidential busin...
[ THE INVESTOR] Is Jay back? That was the question on the minds of many who attended Dream Class camp, in its seventh year run by Samsung Electronics in Suwon, Gyeonggi Province. Around 1,600 midd...
[THE INVESTOR] The wife of SK Group Chairman Chey Tae-won came under fire on June 19 after a news report alleged that she abused and verbally assaulted her former chauffeurs. In an interview with l...
[THE INVESTOR] Kim Jung-ju , founder of Korea’s largest game developer Nexon, has vowed not to hand over control of the company to his children. “I won’t be passing down Nexon to my kids,” Kim sai...
[THE INVESTOR] The nation’s fourth-largest conglomerate LG Group will face new management centering on its heir apparent Koo Kwang-mo after his adoptive father and group Chairman Koo Bon-moo died on...
[THE INVESTOR] LG Group chairman Koo Bon-moo died on May 20 suffering illnesses for the past year. He was 73 years old. "The funeral will be held privately at an undisclosed location as requested...
[THE INVESTOR] The number of female executives at Korea’s top 30 conglomerates came to 3.1 percent of the total last year, a market tracker said on May 16. Among 8,835 executives of 268 affiliat...
US rate freeze has limited impact on global financial markets: BOK
Housing market may face sharper-than-expected price correction: minister
Moody‘s ups credit outlook for JB Financial’s banking units from stable to positive
Wine imports hit record high in H1 over growing drinking-at-home culture
IMM in final stage of W1.1tr deal to buy stake in SK Lubricants
E-mart’s profitability to surge after Starbucks Korea acquisition: analysts
Number of young stock investors triples in 18 months: KB Securities
KakaoBank fails to set new record in IPO subscription
August 02, 2021
