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Why South Korean Prosecutors Just Raided Samsung Headquarters
South Korean prosecutors on Wednesday raided the offices of Samsung Group, Yonhap news agency reported, over its alleged link with Choi Soon-sil, President Park Geun-hye’s confidant who has been...
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This Country Just Elevated Its Alert for Bird Flu
South Korea raised the country’s bird flu alert status on Wednesday to its second-highest level following three more outbreaks of the highly pathogenic H5N6 strain after the first cases were confirmed...
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South Korean Investigators Raid More Offices in Growing Political Scandal
South Korean investigators raided the offices of Lotte Group, SK Group and government agencies on Thursday, officials said, as part of a widening probe into alleged influence-peddling that has engulfed...
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Goldman Sachs’ South Korean Asset Could Fetch $1.3 Billion in Auction
South Korea’s Daesung Industrial Gases, nearly half-owned by Goldman Sachs, will be put up for auction with first-round bids due in early December – a deal reportedly worth about 1.5 trillion won ($1.3...
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Samsung Will Unveil Its Plans to Appease Angry Shareholders on Tuesday
Samsung Electronics said it will disclose plans to boost shareholder value on Tuesday--a move that comes amid pressure from U.S. fund Elliott Management to split the company in two and provide more in...
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Heads of Samsung and Hyundai Among South Korean Business Leaders Probed Over...
The heads of South Korea’s top conglomerates including the Samsung ssnlf and Lotte Groups were questioned on Tuesday in an unprecedented parliamentary hearing into the political scandal that appears...
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Volkswagen Hit with Record $32 Million Fine Over Its Emissions Scandal
South Korea’s antitrust watchdog said on Wednesday it will file criminal complaints against several executives at Volkswagen AG’s vlkay South Korean unit and fine the company a record 37.3 billion won...
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Women Already Have It Bad in South Korean Politics. The President’s...
When Park Geun-hye became South Korea’s first female president four years ago, she won a decisive 52% of the vote--the highest of any candidate since the country started holding direct elections in...
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Absolut Vodka Used South Korea’s Impeachment Protests in an Ad. People Are...
Absolut Vodka is coming under fire in South Korea after one of its ads got political. Just a day after South Korean President Park Geun-hye was officially impeached, the Sweden-based distiller released...
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Why South Korea Just Hit Qualcomm with a Record $854 Million Fine
South Korea’s antitrust regulator fined Qualcomm qcom 1.03 trillion won ($854 million) for what it called unfair business practices in patent licensing and modem chip sales, a decision the U.S....
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The Head of Samsung Could Be in Big Trouble in South Korea
A South Korean special prosecutor’s office will question Samsung Group leader Jay Y. Lee as a suspect in a widening influence-peddling scandal that may force President Park Geun-hye from office....
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Prosecutors Question Samsung’s Chief in South Korea’s Unraveling Presidential...
Special South Korean prosecutors questioned the head of top conglomerate Samsung Group on suspicion of bribery on Thursday in an influence-peddling scandal that led to President Park Geun-hye’s...
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South Korea Prosecutors Question Samsung Leader Over Bribery Charges
Samsung Group leader Jay Y. Lee left the South Korean special prosecutor’s office early on Friday morning, more than 22 hours after arriving for questioning on bribery suspicions in an...
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Samsung’s Scion Had a Sleepless Night in 22 Straight Hours of Questioning
Jay Y. Lee, who heads South Korea’s massive Samsung Group, was given a $5 box meal for lunch and did not sleep in over 22 hours of questioning in a corruption scandal involving impeached President Park...
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South Korean Prosecutors Want to Arrest the Head of Samsung
South Korea’s special prosecutors’ office said it will seek a warrant to arrest the head of Samsung Group, the country’s biggest conglomerate, as a corruption scandal engulfing President Park Geun-hye...
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Here’s How Samsung Has Responded to the Arrest Warrant Wanted for Its Leader
South Korean conglomerate Samsung Group said on Monday it could not accept the special prosecutors’ accusations that its leader, Jay Y. Lee, paid bribes to further his succession or the merger of two...
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The Head of Samsung Faces a Long Day in Court Wednesday
The head of South Korea’s giant Samsung Group faces a long day in court on Wednesday as a judge decides whether he should be arrested for bribery in a corruption scandal that has engulfed President...
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South Korean Court Dismisses Warrant for Samsung Chief
A South Korean court on Thursday dismissed a warrant to arrest the head of the Samsung Group, the country’s largest conglomerate, a court spokesman said, amid a graft scandal that led to the...
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The Wait Is Finally Over for Pokemon Go Fans in This Country
Nintendo’s smash hit Pokemon Go was unleashed on South Korea on Tuesday, six months after it was released elsewhere in the world, a delay caused by security fears over Google Maps. The popularity of...
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This Automaker with Ties to Mexico Is Writing Up a Trump Contingency Plan
Kia Motors said on Thursday it is drawing up a contingency plan to cope with the policies of U.S. President Donald Trump, reflecting growing wariness by Asian exporters about the prospect of U.S....
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