Most Popular
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After opposition U-turn, Korea to repeal plan for financial capital gains tax
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North Korea fires ballistic missiles hours before US Election Day
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Gangnam Station ramming suspect to face detention
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Harris, Trump face off as North Korea tests US on Election Day
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Amid record-low approval rating, Yoon forgoes Assembly budget address
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[Out of the Shadows] Seoul room clubs offer drugs to compete for clientele
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Local food festivals enjoy unexpected popularity as snacks go viral
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South Korea and Central Asia set stage for first summit
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Ruling party leader condemns North Korea troop dispatch as crime against humanity
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‘Children have the right to great stories': Head of Astrid Lindgren Award stands firm against book ban
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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 specializing in Korea’s largest companies, the value of stocks held by 13 of 19 leaders of major businesses fell during the first half of this year. The data showed that the value of 46 of 61 listed companies held by the 19 individuals fell between Jan. 4 and June 30. Samsung Electronics vice chairman Lee J
July 1, 2016
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Shares of Samsung companies soar on chairman’s death rumors
[THE INVESTOR] Shares of Samsung affiliates soared on June 30 after a rumor about chairman Lee Kun-hee’s death began spreading quickly in the afternoon. But Samsung Group flatly denied the rumor. Samsung C&T, the construction and trading unit and the de facto holding company of the group, saw its shares increase almost 5 percent to close at 123,000 won (US$106) compared to the day before. More than 2.2 million shares were traded, a seven-fold surge from the previous day.Other key affiliates such
June 30, 2016
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Divorce battle reveals unknown aspects of Samsung family
[THE INVESTOR] Packed with twists and turns, a divorce suit between former Samsung Electro-Mechanics executive Lim Woo-jae and his wife and Hotel Shilla president Lee Boo-jin unveiled unknown stories behind the family owners of Samsung Group, the largest conglomerate in Korea.Lim, first son-in-law of Samsung Group chairman Lee Kun-hee, said in an interview with Korean news publication Hankyoreh on June 16 that he had twice attempted suicide during the 17 years of his marriage due to pressure fro
June 17, 2016
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Top 10 chaebol owners rake in hefty dividends
[THE INVESTOR] The nation’s top 10 chaebol owners raked in hefty dividends from affiliates over the past five years, Chaebul.com, a local website that tracks chaebol, revealed on June 15. The total amounts of dividends reached almost 1.5 trillion won ($1.3 billion) between 2011 and 2015.Chaebul.com said their actual dividends could be a lot more considering the figures are based on their listed companies only. #1 Samsung Electronics chairman Lee Kun-hee with 681.1 billion won in dividends The Sa
June 15, 2016