South Korea political scandal puts corporate decisions on ice

By Hyunjoo Jin and Miyoung Kim SEOUL/SINGAPORE, Dec 15 : Korea Inc is moving in slow-motion, mired by the country’s political crisis, with a vacuum in planning and decision making as corporate giants such as Samsung and Lotte delay traditional year-end management reshuffles, company insiders say. Last week, the heads of nine of the biggest […]

Pressure on S.Korea’s Park mounts as massive crowd demands she quit

By Ju-min Park SEOUL, Nov 12 : South Korean President Park Geun-hye faced mounting calls to step down as a record number of people at a massive rally on Saturday criticised her as unfit to rule over allegations she allowed a friend to meddle in state affairs and wield influence. The protest rally in downtown […]