SEOUL, May 7 (Korea Bizwire) — The state anti-corruption investigation office said Wednesday it has suspended its attempt to raid the presidential office in connection with allegations that former President Yoon Suk Yeol interfered in a military probe into the death of a Marine conscript two years ago. The Corruption Investigation Office for High-ranking Officials [...]
WASHINGTON, May 7 (Korea Bizwire) — A U.S. congresswoman has reintroduced a bill calling on the U.S. government to step in if South Korea takes regulatory measures that might harm America’s digital businesses, Congress’ website showed Tuesday. On Monday, Rep. Carol Miller (R-WV) introduced the bill, titled “To authorize the appropriate administrative authorities to impose [...]
SEOUL, May 7 (Korea Bizwire) — The Seoul High Court on Wednesday postponed the first hearing of Democratic Party (DP) presidential candidate Lee Jae-myung’s retrial on election law violation charges until after the June 3 presidential election, citing the need to guarantee his right to a fair trial. The court said it postponed the hearing [...]
SUWON, May 7 (Korea Bizwire) — A South Korean court has acquitted a retail store operator previously convicted of selling counterfeit luxury goods bearing Louis Vuitton-like designs, reversing a lower court ruling that had fined the defendant for trademark infringement. The Suwon District Court’s Criminal Appeals Division 7, presided over by Judge Kim Byung-soo, on Monday [...]
SEOUL, May 7 (Korea Bizwire) — South Korean prosecutors have sparked controversy after it was revealed they sought food delivery app records as part of a recent search of former President Yoon Suk-yeol’s private residence, an investigative move that Yoon’s camp condemned as a political ploy to humiliate him and his wife. The detail, disclosed by [...]
SEOUL, May 6 (Korea Bizwire) — Moon Da-hye, daughter of former President Moon Jae-in, is under police investigation over fraud charges, officials said Tuesday. The Seoul Seodaemun Police Station announced they had recently booked the junior Moon as a suspect in an alleged fraud case. According to police, Moon is accused of not honoring a [...]
SEOUL, May 1 (Korea Bizwire) — The National Assembly on Thursday passed a 13.8 trillion-won (US$9.6 billion) extra budget aimed at helping disaster response efforts and revitalizing the economy. The bill was approved in a plenary session after the Democratic Party (DP) and the People Power Party (PPP) added 1.6 trillion won to the 12.2 [...]
SEOUL, May 1 (Korea Bizwire) — A South Korean appellate court has ordered the government to pay 11 million won (approximately $7,600) in damages to a Moroccan national who was subjected to abusive treatment, including the controversial “shrimp posture” restraint, while held at an immigration detention center. The Seoul Central District Court’s Civil Division 9-1 upheld [...]
SEOUL, April 30 (Korea Bizwire) — Actor Kim Soo-hyun has filed an additional stalking lawsuit against a YouTuber, who accused him of having an inappropriate relationship with late actress Kim Sae-ron when she was still a minor, the actor’s legal representative said Wednesday. LKB & Partners said the latest lawsuit aims to compel Kim Se-ui, [...]
SEOUL, April 26 (Korea Bizwire) — South Korea’s Supreme Court has overturned a lower court ruling that ordered the government and the Seoul Metropolitan Government to refund 168.2 billion won (approximately $116 million) in taxes to U.S. private equity firm Lone Star Funds, sending the case back for retrial. According to legal sources on April 25, [...]