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[News analysis] Korean Air shareholders’ decision and its potential impact on other chaebols Hanjin Group Chairman Cho Yang-ho failed to be reappointed to the board of directors at Korean’s Air’s general meeting of stockholders on Mar. 27. This marks the first time that stockholders have bloc.. Thu, 28 Mar 2019 17:05:27 GMT
Cho Yang-ho’s reappointment denied during general shareholders meeting vote The National Pension Service (NPS) has finally decided to oppose Hanjin Group Chairman Cho Yang-ho’s reappointment as an inside director at Korean Air. The opposing vote by NPS &#8211; the airline’s s.. Wed, 27 Mar 2019 16:56:38 GMT
[Photo] Samsung Electronics projects weak earnings for 1st quarter of 2019 Samsung Electronics announced on Mar. 26 that its earnings for the first quarter of 2019 will likely fail to reach initial projections. Instances of Samsung publicly announcing weak earnings before th.. Tue, 26 Mar 2019 16:39:10 GMT
[Photo] Major supermarkets banned from using plastic bags starting next month Starting Apr. 1, major supermarkets and department stores will be fined for using disposable plastic bags. In January, an amendment was made to existing environmental law to reduce waste and conserve .. Mon, 25 Mar 2019 17:45:06 GMT
FTC reduces penalties levied on Qualcomm for abusing its dominant market position The Fair Trade Commission (FTC) reduced the amount of penalties against the US company Qualcomm for abuse of its dominant market position by 48.6 billion won (US$43.01 million). Based on a Supreme.. Fri, 22 Mar 2019 16:20:03 GMT
ISS recommends Hanjin KAL stockholders to oppose reappointment of Suk Tae-soo as CEO Institutional Shareholder Services (ISS), the world’s largest proxy advisory firm, has recommended that stockholders at Hanjin KAL vote against the reappointment of Suk Tae-soo as company president. C.. Fri, 22 Mar 2019 16:17:26 GMT
Projected earnings for Samsung Electronics and SK Hynix plummet With 10 days to go before the end of the first quarter, the projected earnings at Samsung Electronics and SK Hynix are way down. There are also some reasons to reconsider predictions that the semicond.. Wed, 20 Mar 2019 17:01:20 GMT
South Korean government to increase tax on bituminous coal to reduce fine dust pollution Starting in April, the tax that South Korea places on bituminous coal will increase from 36 won to 46 won (US$1=1,130.62 won) per kilogram, while the tax on liquefied natural gas (LNG) will be cut sha.. Wed, 20 Mar 2019 16:48:30 GMT
S. Korean banks have lower risk of default than counterparts in US, UK and Japan South Korea’s major banks are rated by the market as being at a lower risk of default than global counterparts such as Goldman Sachs and JPMorgan in the US and HSBC in the UK. This means that while th.. Sun, 17 Mar 2019 18:33:24 GMT
S. Korea’s imports of US crude oil have risen drastically during Trump era When the Hankyoreh reviewed trade statistics provided by the Korea International Trade Association (KITA) on Mar. 12, there was one category in which import value and volume had undergone record-break.. Sun, 17 Mar 2019 18:24:34 GMT
Chaebol CEOs from chairmen’s families earn up to 35 times more than average employee Chief executive officers (CEOs) from the ranks of chaebol controlling shareholders (chairmen’s family members) received average compensation equivalent to 35 times the amount paid to regular workers l.. Sat, 16 Mar 2019 18:44:30 GMT
NPS sides with Hyundai Motor in dispute with Elliott Management The National Pension Service (NPS) is siding with Hyundai Motor in the face-off between the conglomerate and the overseas hedge fund Elliott Management. In a meeting on the morning of Mar. 14, the.. Fri, 15 Mar 2019 17:50:36 GMT
Samsung’s Galaxy S10 bombarded with complaints about ultrasound fingerprint technology The new Galaxy S10 premium smartphone by Samsung Electronics has been such a hit with consumers that supplies are reported to be running low &#8211; but complaints are now emerging from purchasers ove.. Thu, 14 Mar 2019 16:57:00 GMT
[Photo] Moon and Malaysian prime minister agree to work on FTA During a state visit to Malaysia, South Korean President Moon Jae-in held a summit with Malaysian Prime Minister Mahathir Mohamad on Mar. 13. The two leaders discussed Malaysia’s East Asia policy and .. Thu, 14 Mar 2019 16:24:55 GMT
[Photo] South Korean government orders suspension of flights of 2 Boeing 737 Max 8 planes Following a crash of a Boeing 737 Max 8 aircraft under Ethiopian Airlines on Mar. 10, the South Korean government has ordered that all South Korean airlines suspend flights of the suspected aircraft. .. Wed, 13 Mar 2019 17:44:20 GMT

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