Jay Y. Lee, the billionaire heir to South Korea's Samsung Group, should find some comfort that its crown jewel Samsung Electronics Co Ltd has reported record profit every quarter since he was jailed in February, making him even richer. More »
Samsung Electronics Vice Chairman Jay Y. Lee has filed an appeal against the five-year jail term he was given for bribery and other charges through his lawyer, according to the Seoul Central District Court's website on Monday. More »
South Korea's new antitrust chief said he has been in talks with the autos-to-steel conglomerate Hyundai Motor Group about overhauling its complex ownership structure, which critics say gives too much power to its controlling family at the expense of sharehold... More »
Samsung Electronics Vice Chairman Jay Y. Lee fought back tears and denied wrongdoing on Monday as prosecutors sought a 12-year jail term on charges that include bribing the former president to help cement control of the South Korean tech giant. More »
South Korean police on Monday raided a management office for residences of Samsung Electronics Chairman Lee Kun-hee and his family over alleged misappropriation of company funds used to pay for interior renovations, they said. More »
The logo of Samsung Electronics is seen in front of its building in Seoul, South Korea, February 28, 2017. Picture taken February 28, 2017. REUTERS/Kim Hong-Ji Tech giant Samsung Electronics Co Ltd on Thursday named a new head of mobile marketing and a new Chi... More »
China’s President Xi Jinping speaks during a bilateral meeting with U.S. President Donald Trump at Trump’s Mar-a-Lago estate in Palm Beach, Florida, U.S., April 7, 2017. REUTERS/Carlos Barria min Park and Christine Kim More »
Samsung Electronic’s Galaxy S8 and S8+ are displayed at its store in Seoul, South Korea, April 27, 2017. REUTERS/Kim Hong-Ji Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid ... More »
South Korea’s Presidential candidate Ahn Cheol-soo from People’s Party speaks during a plenary session of the special committee for constitution revision at National Assembly in Seoul, South Korea April 12, 2017. REUTERS/Lee Jin-man/Pool South Korean software ... More »
Kwon Oh-Hyun, co-chief executive officer of Samsung Electronics Co., speaks during the company’s annual general meeting at the Seocho office building in Seoul, South Korea, on Friday, March 24, 2017. REUTERS/SeongJoon Cho/Pool Samsung Electronics Co Ltd (00593... More »
Shareholders walk past the logo of Samsung Electronics before their general meeting at a company’s building in Seoul, South Korea, March 24, 2017. REUTERS/Kim Hong-Ji Tech giant Samsung Electronics Co Ltd (005930.KS), one of several South Korean companies caug... More »
Barges are seen during a salvage operation of sunken ferry Sewol at the sea off Jindo, South Korea, March 22, 2017. News1 via REUTERS Salvage experts in South Korea could on Wednesday begin raising a ferry that sank nearly three years ago, killing more than 30... More »
South Korea’s ousted leader Park Geun-hye leaves a prosecutor’s office in Seoul, South Korea, March 22, 2017. REUTERS/Kim Hong-Ji Former South Korean President Park Geun-hye left prosecutors’ offices early on Wednesday after being questioned in an investigatio... More »
FILE PHOTO- Potential buyers look at models of a new public housing estate to be constructed in Singapore February 13, 2017. REUTERS/Edgar Su/File Photos Business sentiment at Asia’s top companies rose to its highest in almost two years in the first quarter of... More »
Choi Soon-sil, a long-time friend of South Korean President Park Geun-hye who is at the center of the South Korean political scandal involving Park, arrives for her first court hearing in Seoul, South Korea, December 19, 2016. Korea Pool/via REUTERS Denmark wi... More »
Samsung Group chief, Jay Y. Lee arrives at the office of the independent counsel team in Seoul, South Korea, February 19, 2017. REUTERS/Kim Hong-Ji/Files A South Korean court said on Friday it has reassigned Samsung Group chief Jay Y. Lee’s bribery trial to an... More »
South Korea’s ousted leader Park Geun-hye greets her supporters as she arrives at her private home in Seoul, South Korea, March 12, 2017. REUTERS/Kim Kyung-Hoon min Park More »
South Korea will hold a presidential election on May 9 to replace impeached leader Park Geun-hye, who was dismissed last Friday over a corruption scandal, the Yonhap news agency reported on Wednesday. More »
South Korea’s former president Park Geun-hye’s pet dogs are seen in this handout picture provided by the Presidential Blue House and released by News1 on December 24, 2015. The Presidential Blue House/News1 via REUTERS A South Korean animal rights group has fi... More »
South Korean Finance Minister Yoo Il-ho speaks during an interview in Manhattan, New York, U.S., January 11, 2017. REUTERS/Shannon Stapleton hyung Lee and Christine Kim More »
South Korea’s ousted leader Park Geun-hye sitting inside a vehicle waves to her supporters upon her arrival to her private house in Seoul, South Korea, March 12, 2017. Seo Myeong-gon/Yonhap via REUTERS min Park More »
South Korea is looking into share trading of 13 companies which are believed to be linked to possible presidential candidates ahead of an election in two months, the country’s financial watchdog said on Monday. More »
Protesters supporting South Korean President Park Geun-hye clash with riot policemen near the Constitutional Court in Seoul, South Korea. Kyodo/via REUTERS South Korea’s Constitutional Court removed President Park Geun-hye from office on Friday over a graft sc... More »
People are seen behind an electronic board showing stock prices after the New Year opening ceremony at the Tokyo Stock Exchange (TSE), held to wish for the success of Japan’s stock market, in Tokyo, Japan, January 4, 2017. REUTERS/Kim Kyung-Hoon Stocks rose, t... More »
People react after hearing that President Park Geun-hye’s impeachment was accepted in front of the Constitutional Court in Seoul, South Korea, March 10, 2017. REUTERS/Kim Hong-Ji min Park More »
Samsung Group chief, Jay Y. Lee arrives at the office of the independent counsel team in Seoul, South Korea, February 19, 2017. REUTERS/Kim Hong-Ji The head of South Korea’s Samsung Group, Jay Y. Lee, denies all charges against him, his lawyer said on Thursday... More »
Special prosecutor Park Young-soo announces the results of their investigation over an influence-peddling scandal involving South Korean President Park Geun-hye, in Seoul, South Korea, March 6, 2017. REUTERS/Kim Hong-Ji min Park More »
A lawyer for South Korea’s President Park Geun-hye said on Monday that the special prosecutor’s bribery charge against Park was “an absurd fiction, far from truth”. More »
The logo of Samsung Electronics is seen in front of its building in Seoul, South Korea, February 28, 2017. Picture taken February 28, 2017. REUTERS/Kim Hong-Ji South Korean conglomerate Samsung Group [SAGR.UL] reiterated on Monday that it did not pay bribes or... More »
Samsung Group chief, Jay Y. Lee arrives at the office of the independent counsel team in Seoul, South Korea, February 22, 2017. REUTERS/Kim Hong-Ji/File Photo Samsung Group leader Jay Y. Lee will go on trial for bribery and embezzlement on Thursday, a court sa... More »
South Korean President Park Geun-hye arrives to attend an emergency cabinet meeting at the Presidential Blue House in Seoul, South Korea, December 9, 2016. Yonhap/ via REUTERS The South Korean special prosecutor’s office said on Monday it will not be able to q... More »
South Korean President Park Geun-hye speaks during an emergency cabinet meeting at the Presidential Blue House in Seoul, South Korea, December 9, 2016. Yonhap/ via REUTERS South Korean President Park Geun-hye told the Constitutional Court in a statement disclo... More »
A building of Samsung Electronics (R) is seen in Seoul, South Korea, November 8, 2016. REUTERS/Kim Hong-Ji Tech giant Samsung Electronics (005930.KS) is tightening board oversight on donations while two senior Samsung Group [SAGR.UL] executives reportedly offe... More »
Choi Gee-sung, chief executive of South Korea’s Samsung Electronics, speaks during an annual shareholders’ meeting at the company headquarters in Seoul March 18, 2011. REUTERS/Truth Leem Two senior Samsung Group [SAGR.UL] executives have offered to resign to t... More »
A man performs during the ceremony to mark a year to the 2018 PyeongChang Winter Olympic Games in Pyeongchang, South Korea February 9, 2017. REUTERS/Kim Hong-Ji South Korean conglomerate Samsung Group will make good on its sponsorship promises to the 2018 Wint... More »
Samsung Group chief, Jay Y. Lee, leaves the Seoul Central District Court in Seoul, South Korea, February 16, 2017. Picture taken on February 16, 2017. Shin Wong-soo/News1 via REUTERS Samsung Group chief Jay Y. Lee was arrested on Friday over his alleged role i... More »
FILE PHOTO – Choi Gee-sung, chief executive of South Korea’s Samsung Electronics, speaks during an annual shareholders’ meeting at the company headquarters in Seoul March 18, 2011. REUTERS/Truth Leem/File Photo The arrest of Samsung Group scion Jay Y. Lee on b... More »
Lee Jae-yong (C), vice chairman of Samsung Electronics, arrives to be questioned as a suspect in a corruption scandal that led to the impeachment of President Park Geun-Hye, at the office of the independent counsel in Seoul. REUTERS/Jung Yeon-Je/Pool min Park More »
FILE PHOTO – Lee Boo-jin, daughter of Samsung Electronics chairman Lee Kun-hee and president and chief executive of Hotel Shilla, arrives to preside over the annual general meeting of the hotel stockholders in Seoul March 16, 2012. REUTERS/Lee Jae-Won/File Pho... More »
Samsung Group said on Friday it will do its best to ensure that the truth is revealed in future court proceedings, after the arrest of its chief, Jay Y. Lee. More »
FILE PHOTO – Samsung Group chief, Jay Y. Lee, leaves after attending a court hearing to review a detention warrant request against him at the Seoul Central District Court in Seoul, South Korea, January 18, 2017. REUTERS/Kim Hong-Ji/File Photo min Park More »
Lee Jae-yong (C), vice chairman of Samsung Electronics, arrives to be questioned as a suspect in a corruption scandal that led to the impeachment of President Park Geun-Hye, at the office of the independent counsel in Seoul on February 13, 2017. REUTERS/Jung Y... More »
The South Korean special prosecutor’s office said on Monday it will decide whether to seek arrest warrants for more Samsung Group [SAGR.UL] executives amid a widening influence-peddling scandal that could topple President Park Geun-hye. More »
Samsung Group chief, Jay Y. Lee, arrives for a court hearing to review a detention warrant request against him at the Seoul Central District Court in Seoul, South Korea, January 18, 2017. REUTERS/Kim Hong-Ji min Park More »
Women wearing Korean traditional costume Hanbok perform during an unveiling ceremony of the Olympic countdown clock to mark a year to the 2018 Pyeongchang Winter Olympic Games in Seoul, South Korea, February 8, 2017. REUTERS/Kim Hong-Ji Pyeongchang has waited ... More »
Culture Minister Cho Yoon-sun arrives at the Seoul Central District court in Seoul, South Korea, January 20, 2017. Yoo Seung-kwan/News1 via REUTERS South Korea’s special prosecutor has indicted a former culture minister and a former top aide to President Park ... More »
Jay Y. Lee, center, vice chairman of Samsung Electronics, arrives to be questioned as a suspect in bribery case in the influence-peddling scandal that led to the president’s impeachment at the office of the independent counsel in Seoul, South Korea, Thursday, ... More »
South Korea’s special prosecutor’s office said on Monday it plans to investigate other conglomerates after completing its probe of Samsung Group [SAGR.UL], whose leader has been named a suspect in a graft scandal involving President Park Geun-hye. More »
Samsung Electronics vice chairman Jay Y. Lee arrives to attend a hearing at the National Assembly in Seoul, South Korea, December 6, 2016. REUTERS/Kim Hong-Ji min Park and Se Young Lee More »
Jay Y. Lee, center, vice chairman of Samsung Electronics, arrives to be questioned as a suspect in bribery case in the influence-peddling scandal that led to the president’s impeachment at the office of the independent counsel in Seoul, South Korea, Thursday, ... More »
A flag bearing the logo of Samsung Electronics is pictured at its headquarters in Seoul, South Korea, November 29, 2016. REUTERS/Kim Hong-Ji/File Photo South Korea’s special prosecution office said on Tuesday it had not yet decided whether to seek arrest warra... More »
Choi Soon-sil, a long-time friend of South Korean President Park Geun-hye who is at the center of the South Korean political scandal involving Park, attends her first court hearing in Seoul, South Korea, December 19, 2016. Korea Pool/via REUTERS South Korean a... More »
The National Pension Service (NPS) Chairman Moon Hyung-pyo is summoned to the Independent Counsel Team in Seoul, South Korea, December 27, 2016. News1 via REUTERS min Park More »
Choi Soon-sil, a long-time friend of South Korean President Park Geun-hye who is at the center of the South Korean political scandal involving Park, attends her first court hearing in Seoul, South Korea, December 19, 2016. Korea Pool/via REUTERS A friend of So... More »
People set off fireworks on a road leading to the Presidential Blue House during a protest calling for South Korean President Park Geun-hye to step down in central Seoul, South Korea, December 10, 2016. REUTERS/Kim Hong-Ji S&P Global Ratings said on Monday tha... More »
FILE PHOTO – South Korea’s new finance minister Yoo Il-ho (C) gets a briefing in front of a car carrier during his visits to a port in Pyeongtaek, South Korea, January 15, 2016. REUTERS/Kim Hong-Ji South Korea’s prime minister is expected to keep incumbent Fin... More »
South Korean Prime Minister and the acting President Hwang Kyo-ahn releases a statement to the nation at the Goverment Complex in Seoul, South Korea, December 9, 2016. REUTERS/Kim Hong-Ji South Korean Prime Minister Hwang Kyo-ahn will begin getting official br... More »
South Korean President Park Geun-hye delivers her speech during the inaugural session of the 20th National Assembly in Seoul, South Korea, June 13, 2016. REUTERS/Kim Hong-Ji South Korean President Park Geun-hye will not respond to a request by prosecutors to q... More »
Protesters shout slogans after they are blocked by riot policemen in a road nearby the presidential Blue House during their march calling South Korean President Park Geun-hye to step down in Seoul, South Korea, November 19, 2016. REUTERS/Kim Kyung-Hoon South K... More »
The logo of Samsung Electronic is seen at its headquarters in Seoul, South Korea, July 4, 2016. Picture taken on July 4, 2016. REUTERS/Kim Hong-Ji/File Photo Samsung Electronics announced an $8 billion deal on Monday to buy Harman International Industries, mar... More »
File Photo: South Korean President Park Geun-hye delivers a speech during a ceremony to mark the anniversary of the 1919 independence movement against Japanese rule over the Korean peninsula, in Seoul March 1, 2016. REUTERS/Jung Yeon-Je/Pool/File Photo South K... More »
South Korean President Park Geun-Hye arrives to deliver an address to the nation, at the presidential Blue House in Seoul on November 4, 2016. REUTERS/Ed Jones/Pool – RTX2RU2T South Korean President Park Geun-hye said on Tuesday she will withdraw her nominee f... More »
South Korean President Prak Geun-hye (in red) walks past members of the minor opposition Justice Party at the National Assembly in Seoul, South Korea, November 8, 2016. Yonhap/Bae Jae-man/via REUTERS min Park More »
South Korea’s President Park Geun-hye attends the East Asia Summit in Vientiane, Laos September 8, 2016. REUTERS/Soe Zeya Tun South Korean President Park Geun-hye on Monday proposed amending the country’s constitution to allow presidents to serve multiple term... More »
North Korean leader Kim Jong Un gives a speech at the 9th Congress of the Kim Il Sung Socialist Youth League in this undated photo released by North Korea’s Korean Central News Agency (KCNA) in Pyongyang on August 29, 2016. KCNA/ via REUTERS min Park and Jack ... More »
South Korean President Park Geun-hye (R) walks past Chinese President Xi Jinping during their meeting on the sidelines of the G20 Summit at the West Lake State Guest House in Hangzhou, China, September 5, 2016. REUTERS/How Hwee Young/Pool North Korea fired thr... More »
A North Korean flag flies on a mast at the Permanent Mission of North Korea in Geneva October 2, 2014. REUTERS/Denis Balibouse/File Photo min Park More »
Japanese Prime Minister Shinzo Abe on Monday agreed with South Korean President Park Geun-hye to closely cooperate regarding North Korea’s latest ballistic missile launch, the Japanese government said in a statement. More »
China’s President Xi Jinping speaks during the opening ceremony of the G20 Summit in Hangzhou in eastern China’s Zhejiang province, Sunday, Sept. 4, 2016. REUTERS/Mark Schiefelbein/Pool Chinese President Xi Jinping told his South Korean counterpart that China ... More »
Chinese President Xi Jinping (R) speaks to South Korean President Park Geun-hye (not pictured) during their meeting on the sidelines of the G20 Summit at the West Lake State Guest House in Hangzhou, China, September 5, 2016. REUTERS/How Hwee Young/Pool Chinese... More »
South Korean President Park Geun-hye delivers her speech during a ceremony to celebrate Korean Liberation Day from Japanese colonial rule in 1945, at Seong Cultural Center in Seoul, South Korea, August 15, 2016. REUTERS/Ahn Young-joon/Pool South Korea’s Presid... More »
South Korean President Park Geun-hye delivers her speech during a ceremony to celebrate Korean Liberation Day from Japanese colonial rule in 1945, at Seong Cultural Center in Seoul, South Korea, August 15, 2016. REUTERS/Ahn Young-joon/Pool South Korea’s Presid... More »
By Minwoo Park | SEONGJU, South Korea SEONGJU, South Korea About 900 South Koreans shaved their heads on Monday to protest against a government decision to place a missile defense system designed to counter North Korean missile threats, in the southeastern cou... More »
