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Tuesday, February 18, 2020
Samsung heir faces drug abuse probe On early January 19, 2017, Samsung Electronics Vice Chairman Lee Jae-yong was waiting for the court decision all night at a detention center near Seoul. Back then, he was ensnared in a bribery scandal involving...
Investigation for Hotel Shilla CEO's drug use continues almost a year If ordinary people are suspected of having taken an addictive drug for non-medical purposes in South Korea, they would be instantly summoned to the police. That might not be...
Boy band releases 20-song tracklist K-pop superstar BTS shows a glimpse of its new album “Map of the Soul: 7,” which will be released late this week. Its avid global fans are waiting for the new songs. On February 17, the...
Fitch will rake in dividend income Companies typically pay dividends out of their earnings. This means that they usually do not pay more than they earn because investors would suspect their sustainability. When checking the financial health of corporations, rating agencies...
Former U.S. national security adviser John Bolton visited South Korea this week for the second time in less than four months to find out new investment opportunities. The Nonghyup Cooperative Banking Depositor Protection Fund said Monday that it had an...
Korea’s family-controlled conglomerates like Samsung and Hyundai have been recognized for the bright side, swift decision making and prompt execution, and the dark side, nepotism and hierarchical system. The country’s No. 3 player SK Group has tried to make a...
MBK head to release 'Offerings' on March 24 As the founder of Korea’s largest homegrown private equity fund, MBK Partners Chairman Michael Byungju Kim is mostly known about his aggressive investments. This time around, however, he is poised to grab...
Korea's NH Investment & Securities said this week that it has come up with an equity-linked security (ELS) product, which invests in top foreign high-tech giants. NH Investment said that it will sell the product, dubbed “Twin-Win ELS,” through 1...
Hanwha’s up-to-date weapons systems drew keen attention during an Indian defense trade show that ended the last weekend, according to industry officials. Hanwha’s defense business units participated in the DefExpo 2020, a defense and aerospace exhibition held in Lucknow,...
Big Hit Entertainment, the agency that manages seven-piece K-pop boy group BTS, almost doubled its annual sales in 2019 just before going public. The Seoul-based label said in a briefing this week that it recorded $495 million in the 2019...

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