South Korea

samsung-electroinics

Samsung’s billionaire heir Lee Jae-yong jailed for corruption

25/08/2017(0)
A court in South Korea has sentenced Samsung’s billionaire heir-apparent Lee Jae-yong to five years in prison for corruption. Mr Lee was accused of bribery in a scandal that ... Read More
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PayPal Invests in $48 Million Series C of Korean Fintech Payments Startup

15/03/2017(0)
South Korean Fintech firm Viva Republica has closed a KRW 55 billion ($48 million) Series C round of funding which saw participation from the likes of PayPal and other significant backers. ... Read More
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Two Samsung execs stand down amid a corruption scandal that led to boss Jay Y. Lee’s arrest

24/02/2017(0)
Two senior Samsung executives have offered to resign, taking responsibility for the mobile phone giant’s involvement in a scandal involving South Korean President Park Geun-hye. According to a report ... Read More
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Samsung head arrested for corruption scandal involving South Korea president

20/02/2017(0)
Samsung‘s would be head Lee Jae-yong (Jay Y Lee) was arrested in Seoul on Friday on charges of bribery and undue influence in connection with a scandal ... Read More
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South Korea prosecutor seeks arrest of Samsung boss

16/01/2017(0)
Prosecutors are seeking a warrant to arrest Samsung Group’s Jay Y. Lee for allegations including bribery and embezzlement, a stunning turn for the scion of South Korea’s richest family ... Read More
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Financial watchdog to closely monitor accounting of derivative products

23/12/2016(0)
South Korea’s financial watchdog said Friday it will pay special heed to malpractices by companies here in their accounting of derivative products and others. It’s one of four “key ... Read More
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Why South Korean Prosecutors Just Raided Samsung Headquarters

23/11/2016(1)
They also raided the country’s largest pension fund. South Korean prosecutors on Wednesday raided the offices of Samsung Group, Yonhap news agency reported, over its alleged link with Choi ... Read More
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Bitcoin Exchange Gemini expands to Japan & South Korea

08/11/2016(0)
Bitcoin and ether exchange Gemini, founded by the Winklevoss brothers, has announced the expansion of Gemini services to Japan and the Republic of Korea. According to the announcement, these ... Read More
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Asian Stocks Rise With Industrial Metals as Fed Bets Buoy Dollar

25/10/2016(0)
Nidec, SK Hynix rally after earnings; Apple reports Tuesday Kospi drops as South Korea tourism threatened by China spat Asian stocks rose to a two-week high and industrial metals ... Read More
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Singapore and South Korea sign cooperation agreement in FinTech

24/10/2016(0)
The Monetary Authority of Singapore (MAS) and the Korean Financial Services Commission (KFSC) today signed a cooperation agreement to foster greater cooperation in FinTech. The signing took place at ... Read More
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