SEOUL, Aug. 29 (Korea Bizwire) — South Korea’s top court on Thursday ordered a lower court to reconsider its suspended jail sentence for Samsung heir Lee Jae-yong in a massive bribery scandal that led to the ouster of former President Park Geun-hye. The de facto leader of the country’s top conglomerate was initially sentenced to [...]
SEOUL, Jun. 26 (Korea Bizwire) — The Seoul metropolitan government and a minor far-right party are escalating a conflict over the latter’s protest tents reinstalled on Gwangwhamun Square in the center of the capital hours after their forced demolition on Tuesday. The local government said Wednesday it will pursue all possible civil and criminal lawsuits [...]
SEOUL, Jun. 25 (Korea Bizwire) — Tensions were running high at Seoul’s Gwanghwamun Square on Tuesday, as a far-right minor opposition party reinstalled tents for anti-government protests there hours after their demolition by municipal officials. Early in the morning, the Seoul metropolitan government demolished tents set up by the Korean Patriots Party, now the Uri [...]
SEOUL, Jul. 20 (Korea Bizwire) — The Seoul Metropolitan Government (SMG) will be pushing for the registration of “candlelight vigils” in UNESCO’s Memory of the World Programme, an international initiative to protect the documentary heritage of humanity. The historical and cultural asset division of the SMG has commissioned experts to carry out initial research to [...]
SEOUL, Jul. 12 (Korea Bizwire) — Eight out of 10 South Koreans support overhauling or dismantling the military’s intelligence unit, a survey showed Thursday, following revelations the unit reviewed the possibility of martial law last year in response to protests calling for then-President Park Geun-hye’s ouster. A Defense Security Command (DSC) document, drawn up last [...]
SEOUL, April 6 (Korea Bizwire) – Former President Park Geun-hye was sentenced to 24 years in prison and 18 billion won in fine on Friday in a massive corruption scandal that toppled her from power early last year. In a live televised trial, the Seoul Central District Court meted out the guilty verdict for the 66-year-old former leader, about a year after her arrest in late March of 2017. [...]
SEOUL, April 5 (Korea Bizwire) – A Seoul court on Thursday turned down another injunction filed by former President Park Geun-hye against a court decision to allow the live broadcast of her sentencing hearing set for the following day. The Seoul Central District Court dismissed the request, saying it does not constitute grounds for reconsideration. This is the second injunction rejected by the court regarding the high-profile bribery and corruption trial of the ousted [...]
SEOUL, Feb. 20 (Korea Bizwire) – Last year, South Koreans trusted government more and businesses less compared to the year prior, while level of trust in the media and NGOs remained nearly unchanged. In total, South Korea’s trust levels in the four sectors of society rose by 23 percentage points from 2016, placing it among [...]
SEOUL, Feb. 5 (Korea Bizwire) — An appellate court is set to hand down its verdict Monday on Samsung Electronics Vice Chairman Lee Jae-yong, who was found guilty by a lower court of offering kickbacks to former President Park Geun-hye, and her friend, in a scandal that led to Park’s ouster last year. The scion [...]
SEOUL, Jan. 22 (Korea Bizwire) – The board of directors of public broadcaster KBS on Monday approved a motion to dismiss its president, Koh Dae-young, who is accused of political bias and unfair labor practices. Ten of the board’s 11 members attended the closed-door session to vote on the proposal submitted Jan. 8. The broadcaster’s 2,200 unionized workers have been on strike since Sept. [...]