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...“It is hard to say that Lee Jae-yong . . . spearheaded the merger, and that the merger was done just for the sake of Lee’s succession,” the court said in its verdict....
...South Korean prosecutors are seeking a five-year jail term for Samsung chair Lee Jae-yong over charges of accounting fraud and stock manipulation involving the controversial 2015 merger of two of the group...
...He wants KT&G to appoint Cha Suk-yong, chief executive of leading domestic cosmetics group LG H&H, and Hwang Ou-jin, the former head of Prudential Life Insurance, as outside directors....
...South Korean prosecutors are seeking a five-year jail term for Samsung chair Lee Jae-yong over charges of accounting fraud and stock manipulation connected to the controversial 2015 merger of two of the...
...A Seoul court acquitted Samsung chair Lee Jae-yong of stock manipulation and accounting fraud charges on Monday, in a boost to the tech giant but which sparked criticism from advocates of corporate governance...
...“Samsung is making progress in the HBM business, which has been seen as its Achilles heel,” said Lee Seung-woo, an analyst at Eugene Investment & Securities....
...The Seoul Central District Court is set to issue a decision on whether Samsung chair Lee Jae-yong committed accounting fraud and stock manipulation during a merger in 2015....
...“The package announced today falls short of my expectations because it lacks forceful measures,” said Albert Yong, managing partner at Petra Capital Management in Seoul....
...“Many retail investors pursue a ‘high-risk high-return’ strategy, spurred on by sensational news and tips from YouTubers, Telegram [users] and other social media,” said Lee Seung-hoon, head of research at...
...As a hardline prosecutor, he oversaw the conviction of conservative former president Park Geun-hye and Samsung heir Lee Jae-yong on bribery and corruption charges....
...“They are growing faster than expected here, selling products at rock-bottom prices,” said Lee Seung-jin, a spokesperson for South Korea’s leading fashion platform Musinsa....
...“We’ve never thought of ourselves as a Korean market player,” the company’s founder and chief executive Lee Seung-gun said in an interview....
...Hyun-seung Lee, a former North Korean businessman who operated in the Chinese port city of Dalian before his defection in 2014, said returning overseas workers were normally subjected to “two or three months...
...Unless chair Lee Jae-yong comes to the table for negotiations, they will ballot their members on a strike — which would be the first ever at a company that only recognised unions in 2020....
...Last year, Yoon issued a pardon to Samsung princeling Lee Jae-yong, who served 19 months in prison for his role in a bribery scandal that also led to the imprisonment of former conservative president Park...
...Need to know: business South Korean prosecutors are seeking a five-year jail term for Samsung chair Lee Jae-yong, who is accused of stock manipulation and orchestrating a $3.9bn accounting fraud at the...
...The billionaire scion of Samsung’s ruling family will be formally granted a pardon on Monday by president Yoon Suk-yeol — who as a prosecutor had led Lee Jae-yong prosecution on bribery charges....
...More recently in 2021 in South Korea, Lee Jae-yong, a Samsung heir jailed for bribery, was set free....
...Samsung heir Lee Jae-yong is to receive a presidential pardon next week, paving the way for him to retake the helm of South Korea’s biggest company as it confronts slowing demand in the global chip sector...
...The detailed third-quarter results were announced as Samsung promoted the group’s de facto leader Lee Jae-yong to chair from vice chair in a symbolic move that confirms Lee will officially be at the helm...
...Albert Yong, managing partner at Seoul-based hedge fund Petra Capital Management, said SM’s annual meeting next month would be crucial. “The AGM will be a watershed moment for SM’s future....
...In October, Samsung promoted the group’s de facto leader Lee Jae-yong to chair from vice-chair in a symbolic move that confirms Lee will officially be at the helm of the $250bn tech group after receiving...
...He has launched an NFT project, a platform (still in beta) called Etnah, whose first drop was “Digital Bodyscape 76-3” by Lee Kun-Yong....
...I discovered that this baby-faced front row idol was Lee Tae-yong, or Taeyong, the South Korean rapper, singer and songwriter and leader of the K-pop boy band NCT....
...Investors have also raised questions about Samsung’s growth strategy in the wake of group scion Lee Jae-yong’s release from prison and US tour last year....
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