Most Popular
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S. Korea eyes chip alliance with Netherlands
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Suneung without 'killer questions' still not easy, results show
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US defense policy bill calls for maintaining 28,500 US troops in Korea
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Teens' excessive smartphone use linked to mental health risk: study
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SK carries out complete reshuffle of top brass
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Ex-justice minister's daughter attends forgery trial in college admissions scandal
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Ruling party reform committee disbands early, says job half done
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Auditor says Moon govt distorted 2020 death of fisheries official
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S. Korea logs current account surplus for 6th month in October
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Moon officials tried to cover up North Korea’s murder of South Korean: state inspectors
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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
