SEOUL, Dec. 22 (Korea Bizwire) – Kakao released on December 22 a list of the most searched keywords from January through November on its Daum portal in the categories of news, personalities and media. In news, “19th election”, “Park Geun-hye impeachment”, “Kim Joo-hyuk death”, “Pohang earthquake” and “cryptocurrency” were the most searched in order from [...]
BERLIN, Dec. 5 (Korea Bizwire) — The German political foundation, Friedrich-Ebert-Stiftung (FES), on Tuesday presented its human rights award to the 17 million South Koreans who took part in candlelight rallies in the Asian country last year to call for then-President Park Geun-hye’s resignation over an influence-peddling scandal. Jang Ae-jin, a survivor of the 2014 [...]
SEOUL, Nov. 27 (Korea Bizwire) — South Koreans picked Park Geun-hye’s impeachment as president as the biggest issue of 2017, followed by the launch of the government of her successor, President Moon Jae-in, a survey showed Monday. The Realmeter survey of 501 people showed that 47.6 percent of the respondents chose Park’s ouster as the [...]
SEOUL, Nov. 21 (Korea Bizwire) – Lotte Shopping Co., the retail affiliate of South Korea’s fifth-largest conglomerate Lotte, said Tuesday that the group chairman sold part of his holdings in the company for 214.6 billion won (US$196 million). Chairman Shin Dong-bin unloaded over 1 million shares of Lotte Shopping after the local stock market closed, [...]
SEOUL, Nov. 15 (Korea Bizwire) – Prosecutors said Wednesday that former President Park Geun-hye is suspected of privately using illicit funds which the National Intelligence Service (NIS) regularly provided to the presidential office during her term. An official from the Seoul Central District Prosecutors’ Office made the remarks while defending against the accusations that their [...]
SEOUL, Oct. 18 (Korea Bizwire) – South Korea on Wednesday denied a reported allegation by a group of lawyers that former President Park Geun-hye’s human rights are being violated in her detention cell. CNN reported Park’s international legal team led by MH Group plans to submit a document on her human rights situation to the United Nations [...]
SEOUL, Oct. 13 (Korea Biziwire) – The presidential office will request Friday that the prosecution investigate the alleged manipulation of official documents by former leader Park Geun-hye’s aides to lessen her responsibility for the government’s mishandling of the deadly sinking of a passenger ship three years ago, a Cheong Wa Dae official said. The official, [...]
SEOUL, Sept. 19 (Korea Bizwire) — Samsung Electronics Co.’s reputation plunged in 2017 compared with the year before, industry data showed Tuesday, apparently due to the arrest of its de facto head coupled with the Galaxy Note 7 debacle. According to the U.S.-based Reputation Institute, Samsung’s ranking in terms of corporate social responsibility plunged 69 [...]
SEOUL, Aug. 28 (Korea Bizwire) – Foreign stakeholders may expand their intervention in management decisions at Samsung Electronics Co. aftera Seoul court found its vice chairman de facto leader guilty of bribery, market watchers warned Sunday. Foreign investors who collectively hold more than 50 percent stake in the world’s largest smartphone manufacturer may demand the company’s board of directors be replaced as Vice Chairman Lee Jae-yong on Friday was sentenced to [...]
SEOUL, Jul. 25 (Korea Bizwire) — South Korea’s top court said Tuesday it will allow the full live television coverage of sentencing hearings in lower courts starting next month, paving the ground for the whole nation to watch the final verdict on former President Park Geun-hye over a massive corruption scandal on TV in real [...]