Shinsegae sold bidder for Coex Mall operation

The Korea Herald > Business > Management

Nexon Japan’s major shareholders are at tax havens: Chaebul.com

[THE INVESTOR] Many of Nexon Japan’s major shareholders were found to be offshore firms located in tax havens, according to data from conglomerate tracker Chaebul.com on July 27. In addition, a local...

Updated : 2016.07.27 13:59

Park Sam-koo out to rebuild Kumho Asiana Group

[THE INVESTOR] Kumho Asiana Group chairman Park Sam-koo is seeking to buy back Kumho Buslines that was sold to a private equity fund in 2015 in a move to rebuild the company. Park is also said to be ...

Updated : 2016.07.25 11:31

Chaebols contribute less on job growth: report

[THE INVESTOR] South Korea’s top five conglomerates have grown even bigger in terms of assets they hold and revenue they produce in the past three years, but their contribution to creating new jobs i...

Updated : 2016.07.24 15:33

Samsung chairman Lee Kun-hee mired in sex scandal

[THE INVESTOR] Korean news outlet NewsTapa reported on July 21 that Samsung Group chairman Lee Kun-hee has been paying for sex for years.NewsTapa aired video clips showing a group of women enter a hou...

Updated : 2016.07.22 14:09

Hyosung’s Cho Hyun-joon leadership facing legal obstacles

[THE INVESTOR] Hyosung Group’s next-in-line Cho Hyun-joon, must mount a major legal hurdle as he makes his way to the top: his brother. In January, a lower court placed him under probation for embe...

Updated : 2016.07.22 09:56

Chance for pardon puts CJ chairman in dilemma

South Korean conglomerate CJ Group is in a deep dilemma with the ongoing court appeal by its chairman complicated by chances that he will be pardoned next month, group insiders said Friday.Lee Jay-hyu...

Updated : 2016.07.15 09:24

[Super Rich] Beauty success through social media

When L’Oreal acquired NYX Cosmetics for a whopping $500 million in 2014, the world’s largest cosmetics company likely had its eyes set on NYZ’s large social media following. NYX is known for its ef...

Updated : 2016.07.14 16:58

GS’s 4th generation owners increase stake

[THE INVESTOR] The great-grandchildren of GS Group(chairman Huh Chang-soo) are steadily increasing their stake in the family business. On July 13, GS announced that GS Caltex executive vice presiden...

Updated : 2016.07.14 10:43

Korean Air heiress promoted to executive vice president

[THE INVESTOR] Cho Hyun-min, youngest daughter of Hanjin Group chairman Cho Yang-ho was promoted to executive vice president at Jin Air, the group’s flagship Korean Air’s budget airline. Cho will re...

Updated : 2016.07.08 14:59

Lotte founder and son banned from leaving Korea

 [THE INVESTOR] Lotte Group founder Shin Kyuk-ho and his son Shin Dong-bin who is the group chairman have been banned from leaving South Korea, according to court sources on July 8.The ban comes less...

Updated : 2016.07.08 09:28

CJ Group chairman recovering from surgery for lung cancer

[THE INVESTOR] CJ Group chief Sohn Kyung-shik is recovering from surgery to treat lung cancer, according to company sources. Sohn, who was diagnosed with the cancer this May, is said to be in a stable...

Updated : 2016.07.07 14:36

Celltrion chairman pushes to build theme park in Incheon

[THE INVESTOR] South Korean pharmaceutical firm Celltrion ’s chairman Suh Jeong-jin has kicked off plans to build a large-scale theme park in Incheon’s Yeongjong-do, according to an exclusive news r...

Updated : 2016.07.06 10:00

Lotte Group women rise to the surface due to scandal

[THE INVESTOR] Now that an arrest warrant has been issued for Lotte Foundation chief Shin Young-ja -- the first Lotte founding family member to face imprisonment in the firm’s latest embezzlement sca...

Updated : 2016.07.05 14:58

Lotte’s Shin Young-ja faces criticism for funneling company funds to her children

[THE INVESTOR] Embattled Lotte Foundation chief Shin Young-ja and her children are expected to face public scrutiny over some 4 billion won (US$3.47 million) worth of corporate funds they are suspecte...

Updated : 2016.07.05 14:06

South Korean tycoons’ stock value falls

[THE INVESTOR] The majority of South Korean business tycoons saw a fall in the value of their stock assets this year, an analysis by a think tank showed on July 1. According to the think tank speciali...

Updated : 2016.07.01 16:15