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Customs Opens Group Chat Room for Investigation into Hanjin Group

Customs Opens Group Chat Room for Investigation into Hanjin Group

SEOUL, Apr. 27 (Korea Bizwire) — South Korean customs authorities have opened a KakaoTalk group chat room for investigators of the Hanjin Group’s tax evasion and smuggling scandal. According to sources close to the government, the Korea Customs Service launched an open group chat room on messaging app KakaoTalk on Tuesday with the title ‘We are looking [...]

Court Dismisses Dyson Injunction Request Against LG Cordless Vacuum Ad

Court Dismisses Dyson Injunction Request Against LG Cordless Vacuum Ad

SEOUL, Apr. 26 (Korea Bizwire) — A court has dismissed Dyson’s bid to stop LG from advertising a cordless vacuum, rejecting a claim of false advertising. According to sources close to the case, the Seoul Central District Court on Tuesday struck down the British home appliance maker’s claim that LG exaggerated the performance of its cordless vacuum [...]

Fierce Competition Among Korean Law Firms in Vietnam

Fierce Competition Among Korean Law Firms in Vietnam

SEOUL, Apr. 26 (Korea Bizwire) — With the number of Korean corporations entering the Vietnamese market on the rise, competition among Korean law firms eyeing the local legal market has become intense. One such law firm, Sejong, formally opened an office in the capital city of Hanoi on Tuesday. This comes approximately one year after [...]

Ex-President Lee’s Corruption Trial to Begin May 3

Ex-President Lee’s Corruption Trial to Begin May 3

SEOUL, April 19 (Korea Bizwire) – The corruption trial of former President Lee Myung-bak, who has been indicted over bribery, embezzlement and other charges, will start May 3, a Seoul court said Thursday. Lee, president from 2008 to early 2013, was formally charged last Monday for committing a string of irregularities that largely center on his brother’s lucrative auto parts company, which Lee [...]

Police Raid Ad Firm in Probe of Korean Air Heiress

Police Raid Ad Firm in Probe of Korean Air Heiress

SEOUL, April 18 (Korea Bizwire) – Police raided an advertisement company Wednesday in a probe into allegations that a daughter of the Korean Air Lines Co. chief threw water at the agency’s employee during a business meeting. Cho Hyun-min, a Korean Air senior executive and younger daughter of Chairman Cho Yang-ho, was booked and banned from overseas travel on Tuesday. Cho is accused of yelling at [...]

Arrest Warrant of Ex-Prosecutor in High-Profile ‘Me Too’ Case Dismissed

Arrest Warrant of Ex-Prosecutor in High-Profile ‘Me Too’ Case Dismissed

SEOUL, April 18 (Korea Bizwire) – A Seoul court on Wednesday denied an arrest warrant for a former senior prosecutor accused of unfairly disadvantaging his junior colleague for raising sexual misconduct allegations against him. The Seoul Central District Court dismissed the prosecution’s request to arrest Ahn Tae-geun, a former prosecuting attorney, who is accused of abusing his power to punish a junior prosecutor [...]

Infidelity Increasingly Blamed for Divorces

Infidelity Increasingly Blamed for Divorces

SEJONG, Apr. 15 (Korea Bizwire) — The number of divorces attributed to infidelity by spouses amounted to 7,528 in South Korea last year, accounting for 7.1 percent of the nation’s total 106,032 marriage breakups, Statistics Korea said Saturday. The number of divorces resulting from extramarital affairs, cheating and other acts of infidelity has steadily decreased [...]

Retired Supreme Court Justice Calls on Korea to Face Responsibility for Vietnam War

Retired Supreme Court Justice Calls on Korea to Face Responsibility for Vietnam War

SEOUL, April 13 (Korea Bizwire) — A renowned former Supreme Court justice has called on South Korea to acknowledge its involvement in the Vietnam War. Kim Young-ran, who proposed the Kim Young-ran Act, a self-titled anti-graft bill, said, “I want to prove that our country can acknowledge its own wrongdoings and is more than capable of [...]