Tycoon’s family members keep suffering
How’s the life of Korea’s richest man, Samsung Group Chairman Lee Kun-hee? Ordinary people would envy the super-rich businessman whose total wealth amounts to more than $15 billion.
From the perspective of Lee, however, his life...
Shinsegae's boutique hotel fails to impress
Shinsegae Group Vice Chairman Chung Yong-jin has proven his ability as a business leader - he brought Starbucks to Korea and established the mega-sized Starfield shopping malls in Seoul and the surrounding area.
Last...
Still, honesty is the best policy
From last year, the sale of Oriental Brewery (OB) has been on the lips of observers and journalists. Of note is how OB and owner AB InBev have dealt with the reports.
The Korea...
Hotel Shilla head denies wrongdoing
Hotel Shilla chief Lee Boo-jin is accused of having taken propofol, a short-acting and sedative-hypnotic agent, for non-medical purposes, according to a local news outlet. Lee instantly denied the report.
Propofol induces and maintains anesthesia. Misuse...
Gyeonggi presents controversial school bill
The Gyeonggi Province Assembly will discuss a bill this month that will oblige the management of schools to put “war criminal tags” on products manufactured by Japanese firms such as Nikon, Panasonic, Mitsubishi and Yamaha....
Deloitte keeps struggling
Korea’s accounting industry has not seen big changes in the rankings of the four biggest players over the past few years.
Samil PricewaterhouseCoopers has been the runaway leader, while Samjong KPMG and Deloitte Anjin have competed for the...
US hedge fund stays calm ahead of shareholders' meetings
Elliott Management has pressed Hyundai Motor and its affiliate Hyundai Mobis to pay $6.3 billion in payments and appoint five outside directors nominated by the U.S. hedge fund.
Ahead of the March...
Six AI teams excel in reading comprehension tests
Language could be another segment where artificial intelligence (AI) defeats humans in one of our own inventions after chess, go, strategic games and solving the Rubik’s Cube to name but a few.
LG...
Can Korean automakers defend annual championships?
Hyundai Motorsport customer team strives to win out in the 2019 World Touring Car Cup (WTCR), which will start its test run in Barcelona next week, just as it did last year.
On March 18,...
“Korea doesn’t want foreigners to invest”
World-famous investor Jim Rogers lashed out at the Korean stock exchange system, which he said is complicated and very difficult to use. He even said that “investing in South Korea’s stocks is a real...
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Mirae Asset Securities joining forces with Hana Financial
Two corporations will cooperate in security token business
South Korea’s foremost brokerage house Mirae Asset Securities announced on June 1 that it would join hands...
