SEOUL, Aug. 26 (Korea Bizwire) – A special counsel team said it plans to indict former first lady Kim Keon Hee with physical detention on Friday. The team led by special counsel Min Joong-ki announced the date Tuesday, confirming earlier reports that the indictment could come as early as Friday, before Kim’s detention period expires [...]
SEOUL, Aug. 25 (Korea Bizwire) — A sweeping change to South Korea’s labor law is already fueling a surge of demands from subcontractor unions, rattling the country’s largest corporations and raising fears of escalating industrial conflict. On August 24, parliament passed the so-called “Yellow Envelope Law,” an amendment to the Trade Union and Labor Relations [...]
SEOUL, Aug. 24 (Korea Bizwire) — South Korea’s National Assembly has approved amendments to the Trade Union and Labor Relations Adjustment Act, known as the Yellow Envelope Law, granting subcontracted and platform workers broader bargaining rights and restricting corporate claims for damages against unions. The law, passed on August 24, will take effect after a [...]
SEOUL, Aug. 21 (Korea Bizwire) – Jailed former first lady Kim Keon Hee again exercised her right to remain silent during questioning by a special counsel team Thursday in her third session since her arrest last week, sources said, with the team set to grill Kim once more on Saturday. Kim, the wife of former [...]
SEOUL, Aug. 20 (Korea Bizwire) — A court on Wednesday ordered the foreign ministry to drop a lawsuit against broadcaster MBC over former President Yoon Suk Yeol’s controversial remarks caught on a hot mic during his visit to the United States in 2022. Under the compulsory mediation, or “decision in lieu of conciliation,” the Seoul [...]
SEOUL, Aug. 19 (Korea Bizwire) – A special counsel team indicted former Interior Minister Lee Sang-min on Tuesday on charges of abuse of authority and his role in the short-lived imposition of martial law in early December last year. The team led by special counsel Cho Eun-suk said Lee is accused of playing an active [...]
SEOUL, Aug. 15 (Korea Bizwire) — An associate of former first lady Kim Keon Hee appeared for a court hearing Friday for his arrest on charges of embezzlement as part of a special counsel probe targeting the former first lady. Kim Ye-seong, known as the “butler” of the former first lady’s family, arrived at the [...]
UIJEONGBU, Aug. 15 (Korea Bizwire) — A South Korean appeals court has upheld fines for two marriage brokers who illegally shared personal information of Vietnamese women with male clients via KakaoTalk, ruling the act violated the country’s marriage brokerage law. On August 15, the Uijeongbu District Court dismissed the appeals of two individuals, identified as [...]
SEOUL, Aug. 13 (Korea Bizwire) — Jailed former first lady Kim Keon Hee will appear for questioning by a special counsel team Thursday, less than two days after her arrest over corruption allegations. Special counsel Min Joong-ki’s team said Wednesday it was informed by Seoul Southern Detention Center, where Kim was placed in custody earlier [...]
SEOUL, Aug. 13 (Korea Bizwire) — Samsung Display Co. has virtually won a U.S. lawsuit against BOE Technology Group Co., with Washington’s trade watchdog imposing a near 15-year import ban on the Chinese rival’s organic light-emitting diode (OLED) panels, sources said Wednesday. According to the sources, the U.S. International Trade Commission (ITC) made a preliminary [...]