South Korean Business News - Latest Updates & Headlines
Prosecution requests panel to deliberate on whether to appeal Samsung Chairman acquittal
Seoul, Feb 6: The prosecution has requested for a panel of outside experts to decide whether it should appeal the recent acquittal of Samsung Electronics Chairman Lee Jae-yong in relation to a 2015 merger case, judiciary sources said on Thursday.
Samsung reacts with 'cautious optimism' to Chairman Lee's acquittal ruling
Seoul, Feb 3: Samsung Electronics on Monday responded with caution to an appellate court's acquittal of its Chairman Lee Jae-yong in an accounting fraud case that experts here say has removed many uncertainties for both Lee and Samsung.
2015 merger case: Appeals court upholds acquittal of Samsung Chairman Lee
Seoul, Feb 3: An appellate court on Monday upheld the acquittal of Samsung Electronics Co. Chairman Lee Jae-yong in accounting fraud and other irregularities related to the controversial merger of two Samsung affiliates in 2015.
HD Hyundai Electric Q4 net falls 10.9 pc on one-off costs
Seoul, Jan 20: HD Hyundai Electric, a South Korean electrical equipment maker, said on Monday its fourth-quarter net profit fell 10.9 per cent from a year earlier due to one-off costs.