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Joyce Lee

Mar 24 2017

Daewoo CEO says should step down if shipbuilder is unable to turn profit

SEOUL Daewoo Shipbuilding & Marine Engineering Co Ltd's CEO Jung Sung-leep said he believes he should step down from the top position if the cash-strapped South Korean firm is unable to turn a profit this year.

Mar 23 2017

South Korea's Daewoo Shipbuilding to get fresh $2.6 billion bailout

SEOUL South Korean state banks are preparing a fresh $2.6 billion bailout for floundering Daewoo Shipbuilding & Marine Engineering Co Ltd , which has built up huge losses from offshore projects and risks missing debt repayments.

Mar 17 2017

South Korea court reassigns Samsung chief's case amid questions about judge's connections

SEOUL A South Korean court said on Friday it has reassigned Samsung Group chief Jay Y. Lee's bribery trial to another judge, following questions about the previous judge's connection to a woman Lee is accused of bribing.

Mar 17 2017

Missile row drives Korean culture underground in China

SHANGHAI/SEOUL Cai Yufang, 21, is a big fan of Korean television dramas like "Shopping King Louie", a show about a profligate chaebol heir who loses his memory and learns the value of love and labor from a sweet, simple country girl. | Video

Mar 16 2017

South Korean prosecutors call in SK Group officials for questioning

SEOUL Prosecutors questioned three officials linked to South Korea's third-largest conglomerate, SK Group, on Thursday as part of a widening corruption scandal that led to the dismissal of President Park Geun-hye.

Mar 10 2017

South Korean court throws president out of office; two die in protest

SEOUL South Korea's Constitutional Court removed President Park Geun-hye from office on Friday over a graft scandal involving the country's conglomerates at a time of rising tensions with North Korea and China. | Video

Mar 06 2017

South Korea's Lotte reports store closures in China amid political stand-off

SEOUL/SHANGHAI Chinese authorities have closed nearly two dozen retail stores of South Korea's Lotte Group following inspections, ramping up pressure on the conglomerate amid a diplomatic standoff that has cast a chill over business ties between the two nations.

Mar 02 2017

South Korea's Lotte Duty Free says website crashed after attack from Chinese IPs

SEOUL Lotte Duty Free on Thursday said a cyber attack using Chinese internet protocol (IP) addresses has crashed its website, the latest report of irregularity from a South Korean firm in China since Seoul decided to deploy a U.S. missile defense system. | Video

Feb 22 2017

Lawyers for South Korea's Park accuse court reviewing impeachment of bias

SEOUL Lawyers for South Korean President Park Geun-hye accused one of the judges reviewing her impeachment of bias on Wednesday and asked him to excuse himself, in a dramatic twist in a case engulfing members of the political and business elite.

Feb 17 2017

Verhaftung von Samsung-Chef schockiert Südkoreas Wirtschaft

Seoul In Südkorea stürzt der Korruptionsskandal um Präsidentin Park Geun Hye den größten Konzern des Landes vollends in die Krise.

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