Police expand propofol investigation
The police are focusing on investigations over a surgeon and two nurses of a cosmetic clinic in Seoul as they are suspected of having administered an addictive drug to Hotel Shilla CEO Lee Boo-jin.
The Seoul Metropolitan...
After spending seven months behind bars, Vice Chairman Lee will be back
South Korea’s Ministry of Justice said on Aug. 9 that it will grant parole to imprisoned Samsung Electronics Vice Chairman Lee Jae-yong, who will be released later this...
Customs agency raids HDC Shilla
Hotel Shilla CEO Lee Boo-jin suffers another setback as the Korea Customs Service raided HDC Shilla Duty Free, a joint venture between the hotel operator and Hyundai Development Company (HDC).
The billionaire businesswoman, also the eldest...
Lotte chief meets US President
Seven months ago, Lotte Group Chairman Shin Dong-bin was in a prison cell less than 7 square meters in size in a detention center near Seoul awaiting the results of an appeal after being found...
Tobacco firm adds newest product to its multi-category portfolio
BAT Rothmans announced on Feb. 14 that it had launched gloTM hyper X2, the latest product in its gloTM lineup, the company’s global heated tobacco brand, in South Korea.
The firm said...
Tycoon rebuffs rumors on another girlfriend
SK Group Chairman Chey Tae-won is expected to bring a famous YouTuber to the court as the latter hinted that the 59-year-old tycoon has another girlfriend.
On February 18, One Law Partners rebuffed that the...
Korea's richest man leaves great legacy
The following is an announcement from Samsung Electronics about the passing of Samsung Group Chairman Lee Kun-hee. He died on Oct. 25 after being hospitalized for six years.
During his leadership over the past 30 years,...
Vice Chairman Lee warns of crisis
Samsung Vice Chairman Lee Jae-yong, the de facto chief of Korea’s leading conglomerate, sounds like his bed-ridden father, Chairman Lee Kun-hee, in requesting a “sense of crisis.”
Samsung Electronics said June 16 that Vice Chairman...
Practical cooperation system agreed upon between Seoul and London
Korea Hydro & Nuclear Power (KHNP) announced on April 11 that it had teamed up with the United Kingdom to establish a clean hydrogen ecosystem and promote carbon neutrality.
Toward that end,...
Former Korean Air executive questioned due to car accident
A member of Hanjin Group tycoon family grabs the headlines once again after being questioned by police this week. This time around, however, it is not about serious charges.
Cho Hyun-min, former...
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Upbit successfully detects crypto frauds
Korean outfit comes up with advanced anti-fraud system
South Korea’s leading crypto-exchange Upbit announced on Sept. 26 that the outfit had discovered fraudulent exchanges amounting...
