South Korea

Samsung leader Jay Y. Lee indicted in South Korea on allegations linked to 2015 merger

Samsung leader Jay Y. Lee indicted in South Korea on allegations linked to 2015 merger

Published 01/09/2020

SEOUL (Reuters) - South Korean prosecutors indicted Samsung Group’s Jay Y. Lee on Tuesday on suspicion of accounting fraud and stock price manipulation in connection [more…]

Japan’s Kishida says can show strength in economic, foreign policy fields

Japan’s Kishida says can show strength in economic, foreign policy fields

Published 01/09/2020

TOKYO (Reuters) - Japanese ruling party heavyweight Fumio Kishida, who has declared his candidacy for the party leadership, said on Tuesday he can show strength [more…]

South Korea charges intelligence officers with raping North Korean defector

South Korea charges intelligence officers with raping North Korean defector

Published 01/09/2020

SEOUL (Reuters) - Two South Korean military intelligence officers have been indicted on charges of raping a North Korean defector, the South’s defense ministry said [more…]

BTS score a first for Korean band on Billboard chart with ‘Dynamite’

BTS score a first for Korean band on Billboard chart with ‘Dynamite’

Published 01/09/2020

LOS ANGELES (Reuters) - K-Pop band BTS roared to the top of the Billboard Hot 100 singles charts in the United States on Monday, becoming [more…]

South Korean prosecutors indict Samsung leader Jay Y. Lee on stock manipulation charge: official

South Korean prosecutors indict Samsung leader Jay Y. Lee on stock manipulation charge: official

Published 01/09/2020

SEOUL (Reuters) - South Korean prosecutors indicted Samsung Group leader Jay Y. Lee on charges of manipulating stock prices and breach of trust in order [more…]

Asia shares push ahead as China markets jump

Asia shares push ahead as China markets jump

Published 17/08/2020

SYDNEY (Reuters) - Asian shares crept back toward recent peaks on Monday as Chinese markets swung higher, while investors waited to see if the recent [more…]

K-Pop group BTS’ label Big Hit posts profit as it prepares for IPO

K-Pop group BTS’ label Big Hit posts profit as it prepares for IPO

Published 15/08/2020

(This August 13 story corrects to show that 2019 and 2020 H1 results are based on different accounting standards in paragraph 3, changes percentage change [more…]

Hyundai expects new family of Ioniq vehicles to drive global EV sales

Hyundai expects new family of Ioniq vehicles to drive global EV sales

Published 10/08/2020

(Reuters) - Korean automaker Hyundai Motor Co (005380.KS) is creating a family of electric vehicles it will sell under the Ioniq brand as part of [more…]

Hyundai Motor shares rise as much as 10% on Ioniq EV plan

Hyundai Motor shares rise as much as 10% on Ioniq EV plan

Published 10/08/2020

SEOUL (Reuters) - Hyundai Motor Co (005380.KS) stock jumped as much as 10.2% on Monday to its highest price since May 2018, after the automaker [more…]

Summer mood swings: markets turn higher on hopes of virus aid

Summer mood swings: markets turn higher on hopes of virus aid

Published 03/08/2020

LONDON (Reuters) - World stocks and the dollar rallied after a cautious European morning as thin summer trading led to sharp swings in the market, [more…]