SEOUL, Jan. 10 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s top mobile messenger KakaoTalk, said Monday its nominee for a new co-CEO, Ryu Young-joon, has offered to resign over controversial stock selloffs. Ryu, who has served as the chief of Kakao’s payment arm, Kakao Pay, was named to lead the tech giant [...]
BUSAN, April 23 (Korea Bizwire) — The mayor of Busan, South Korea’s largest port city, on Thursday resigned and apologized for sexual harassment. “In a short meeting that lasted five minutes, there was unnecessary physical contact with a person. I realized that this could be recognized as an indecent assault, (something) that should not have [...]
SEOUL, Oct. 14 (Korea Bizwire) — In an unexpected move, Justice Minister Cho Kuk offered to resign Monday amid an ongoing probe into corruption allegations involving his family. “I judged I should not add a burden to the president and the government regarding my family affairs. I think the time has come for me to [...]
MONTRÉAL, Sept. 6 (Korea Bizwire) — Komet Resources Inc. (“Komet” or the “Corporation”) announces the resignation of Mr. Lucas Werner Claessens as President and Director of the Corporation as well as the resignation of Mr. Pascal Van Osta as Vice-President Exploration of the Corporation, as a result of management’s decision to sell Komet’s African assets. [...]
SEOUL, Mar. 28 (Korea Bizwire) — Kumho-Asiana Group said Thursday its chairman will resign from key managerial posts, holding himself responsible for the recent controversy over an audit report for Asiana Airlines Inc. Park Sam-koo will step down as group chairman and CEO of flagship Asiana Airlines and Kumho Industrial Co., the group’s holding company. [...]
SEOUL, Dec. 1 (Korea Bizwire) – An increasing number of private businesses including restaurants, stores, and hotels have begun hanging up banners calling for embattled South Korean President Park Geun-Hye to step down, with some even offering goods or services for free or at big discounts. The owner of a tuna restaurant in Gwangju put [...]
BUSAN, Nov. 22 (Korea Bizwire) – A business hotel in Busan has attracted a lot of attention after promising free accommodations on the day that Korea’s troubled President Park Geun-hye steps down. At the front of the hotel entrance were two banners that read “President Park Geun-hye’s Resignation – Big Event – All Rooms Free [...]
SEOUL, Nov. 2 (Korea Bizwire) – Seoul Mayor Park Won-soon, a potential contender for the liberal bloc in next year’s presidential race, on Wednesday officially urged President Park Geun-hye to resign, marking a rare political remark from the head of the capital city with some 10 million citizens. “Park should immediately step down. The president [...]