SEOUL, South Korea – The chairman of Hanwha Corp., one of South Korea's largest conglomerates, was sentenced to four years prison and fined 5.1 billion won ($4.5 million) for embezzlement in a ruling ...

With the South Korean National Assembly's vote to impeach President Park Geun-hye over an ongoing influence and corruption scandal, the matter moves to the Constitutional Court, which has 180 days to ...

South Korea’s large family-owned conglomerates have taken steps to dodge revised intra-group transaction bans that go into effect next month for fairer trade, a local business research firm said ...

Few people know that Samsung Group makes summery dresses and blouses. Even fewer are likely to remember that the South Korean conglomerate famous for its microchips and mobile phones rose to ...

SEOUL (Reuters) - South Korea’s family-run conglomerates are facing calls for a shakeup in their governance from a leading candidate in May's presidential election, following the ouster of former ...

SK Group Chairman Chey Tae-won arrives at the Seoul Central District Court in Seoul, South Korea, Thursday, Jan. 31, 2013. A Seoul court has sentenced Chey to four years in prison for embezzling ...

What the West Misses About China’s Nuclear Build-up South Korea’s newly elected President Moon Jae-in has declared an end to cozy ties between government and business as part of his attack on the ...

The prison sentence handed down this month to the daughter of Korean Air's chairman for an onboard tantrum over the serving of a packet of nuts reflected the courts' increasingly stern approach to ...

AS KIM SANG-JO was preparing last May to make the switch from snappy shareholder activist to a regulatory role as South Korea’s fair-trade commissioner, he had a simple message for the country’s big ...