SEOUL, Aug. 29 (Korea Bizwire) — A special counsel team investigating alleged pressure and cover-up attempts in the death of a Marine conscript on Friday raided the Corruption Investigation Office for High-ranking Officials (CIO) and former senior prosecutors of the agency. According to the team, the move was aimed at securing evidence on why the [...]
SEOUL, Aug. 29 (Korea Bizwire) — South Korea’s Supreme Court has overturned a lower court ruling that had partially held BMW Korea liable in a fatal sudden acceleration crash, dealing a setback to victims seeking recognition of manufacturing defects in such cases. The ruling, issued earlier this month, involved a 2018 accident in which a [...]
SEOUL, Aug. 27 (Korea Bizwire) — South Korea’s parliament has passed a law banning the use of smartphones during class time in elementary, middle and high schools, in an effort to curb youth overdependence on digital devices — though critics argue the measure could prove largely symbolic and even restrictive of students’ rights. The amendment [...]
SEOUL, Aug. 26 (Korea Bizwire) — South Korea’s Supreme Court has upheld a conviction against Taiwan’s Everlight Electronics for stealing advanced light-emitting diode (LED) technology from Seoul Semiconductor, marking a landmark ruling in the protection of industrial technologies. Seoul Semiconductor said Tuesday that the court recently confirmed earlier guilty verdicts under the nation’s Industrial Technology Protection [...]
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 [...]