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Shinsegae Group has recently announced that it will pay inheritance taxes in transferring the group's managerial control to heir-apparent...
[May.16,2006 10:33 KST] |
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Criticisms are mounting over illicit wealth transfer practices by owners of big industrial conglomerates, or chaebol. Public opinion demands the...
[May.16,2006 10:23 KST] |
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Hyundai/Kia Motor Group Chairman Chung Mong-koo's peculiar style of human relations management has been referred to as "Elevator HR." One...
[May.15,2006 02:06 KST] |
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The benchmark Korea Composite Stock Price Index (KOSPI) on May 11 hit a new record high of 1464.70, 12.17 points higher than the 1452.53 recorded on April 27. But foreign net selling on May 11 amo..
[May.15,2006 01:53 KST] |
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South Korea's currency gained against the U.S. dollar Wednesday, adding to worries in Korea’s export-driven economy.
The won, which opened the day at 929.00 won to the greenback, and rose to as m..
[May.15,2006 01:41 KST] |
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The prosecution on March 26 raided the Seoul headquarters of Glovis Co., a subsidiary of Hyundai, finding a secret vault behind a fake wall. The raid was the first confirmation that a conglomerate has..
[May.15,2006 01:28 KST] |
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When Hyundai Motor Group was facing public outcry for its alleged attempt to transfer wealth from chairman Chung Mong-koo to his son, Ching Eui-sun, sources say that the younger Mr. Chung visited his ..
[May.15,2006 00:54 KST] |
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Samsung Electronics Co., the world's third-largest handset maker, said Monday it has developed a new mobile phone, which it claims is the slimmest in the world.
The SGH-X820 model, which has a ..
[May.8,2006 15:39 KST] |
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Samsung and Hyundai are Korea's largest and second largest conglomerates, but their differences do not stop at how they rank. The prosecution's current investigation into Hyundai Automotive Group has ..
[May.8,2006 15:34 KST] |
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South Korea's dependence on Middle Eastern countries for oil imports remains high, spawning concerns that Asia's fourth-largest economy would be threatened by any supply disruptions in the region, as ..
[May.8,2006 15:06 KST] |
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