SEOUL, Sept. 1 (Korea Bizwire) — Former President Yoon Suk Yeol resisted a special counsel team’s attempt to execute detention warrants against him last month, according to surveillance footage reviewed by lawmakers of the ruling Democratic Party (DP) and the minor Rebuilding Korea Party on Monday. Lawmakers on the parliamentary legislation and judiciary committee, along [...]
SEOUL, Aug. 29 (Korea Bizwire) – A special counsel team on Friday indicted former first lady Kim Keon Hee on charges of corruption and bribery, making her the first spouse of a former president to stand trial under custody. Kim, the wife of ousted former President Yoon Suk Yeol, was indicted with physical detention on [...]
SEOUL, Aug. 29 (Korea Bizwire) — A special counsel team said Friday it has indicted an associate of former first lady Kim Keon Hee under detention on charges of embezzlement. Known as the “butler” of the former first lady’s family, Kim Ye-seong’s indictment came after he was placed under arrest earlier this month on charges [...]
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 [...]