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This is where you can find news about chaebol owners and their family members.

Hanwha heir punished for drug use One of the most-read stories of last month was about Hotel Shilla CEO Lee Boo-jin, who is accused of having taken an addictive drug of propofol, which cannot be administered for recreational purposes. A former...
Korea's top carrier to stop serving peanuts It seems that not a single day goes by without Korean Air making headlines. This time around, it is about peanuts, with which the country’s flag carrier has some history. The Seoul-based company announced...
Chief executives of flag carriers suffer setbacks Heads of Korea’s two flag carriers quit their jobs in two days _ one was ousted, and the other decided to leave the top position amid the uproar over an audit report. Kumho-Asiana Group...
NPS flexes muscle in shareholders' meetings After Hanjin Chairman Cho Yang-ho was ousted from the board of the group’s top affiliate Korean Air, watchers come up with analysis on who is the next victim of the National Pension Service (NPS). The...
Hanjin chief shot himself in the foot Hanjin Chairman Cho Yang-ho was kicked out of the boardroom of the group’s flagship unit Korean Air on March 27 as shareholders voted against his re-appointment as director. At their meeting, 64.09 percent of...
Shareholders vote against Cho's re-appointment Scandal-hit Hanjin Group Chairman Cho Yang-ho was forced off the boardroom of the group’s iconic subsidiary Korean Air as the company’s shareholders voted against his re-appointment as director on March 27. In a proxy war involving...
Clinic head faces probes regarding Lee's alleged propofol abuse The police booked the chief of a cosmetic clinic in southern Seoul, who is suspected of having administered an addictive drug to Hotel Shilla CEO Lee Boo-jin for non-medical purposes. The Seoul...
Raid continues longer than 8 hours The police raided a cosmetic clinic on March 23 following the news report that Hotel Shilla chief Lee Boo-jin, also Samsung Group heiress, abused an addictive drug of propofol in 2016 Police officers raided the...
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...
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...

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Yuflyma strives to tap into the U.S. market South Korean pharmaceutical company Celltrion said on May 25 that its Humira biosimilar CT-P17, or Yuflyma, had...