Archive for December 7th, 2016

Can N Korea save the coking coal price rally?

07-Dec-2016 Intellasia | Mining | 6:00 AM

Coking coal prices retreated for a third straight day on Monday after two months of insane gains. According to data provided by the Steel Index premium Australia hard coking [...]
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N Korea cyberattack traced to city in China, report says

07-Dec-2016 Intellasia | UPI | 6:00 AM

A South Korean military source says it has identified the source of North Korea cyberattacks that targeted the internal networks of the military. The Internet Protocol [...]
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This could be the week that ends Park Geun-hye’s presidency in Korea

07-Dec-2016 Intellasia | LA Times | 6:00 AM

South Korean president Park Geun-hye, mired in an influence-peddling scandal and facing abysmal public-approval ratings, has apologised publicly three times and even hinted [...]
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Influence-Peddling Scandal Rocks Korea: QuickTake Q&A

07-Dec-2016 Intellasia | Bloomberg | 6:00 AM

South Korean President Park Geun-hye is embroiled in her biggest political crisis since coming to power in 2013. Allegations that her old friend, Choi Soon-sil, peddled [...]
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Samsung’s Lee in Crosshairs as Tycoons Grilled Over Scandal

07-Dec-2016 Intellasia | Bloomberg | 6:00 AM

Jay Y. Lee, the de-facto head of Samsung Group, became the focus of a public grilling of tycoons in connection with a widening influence-peddling scandal that may cost South [...]
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Korea’s President Might Be Impeached and its Markets Are Surging

07-Dec-2016 Intellasia | Bloomberg | 6:00 AM

The end of Park Gyeun-hye’s presidency can’t come fast enough for investors in South Korean assets. The benchmark Kospi stock index jumped 1.4 percent on Tuesday, [...]
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Korea president’s impeachment looks certain

Korea president’s impeachment looks certain

07-Dec-2016 Intellasia | AFP | 6:00 AM

The impeachment of South Korea’s scandal-hit president, Park Geun-Hye, looked certain on Tuesday as dissident lawmakers in her ruling party said they would support an [...]
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Who is Korea’s President Park?

07-Dec-2016 Intellasia | BBC | 6:00 AM

This week, President Park Geun-hye of South Korea will find out if she is to be impeached by the country’s parliament. This drama has severely shaken the country, but [...]
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Korea corporate chiefs deny seeking favours for donations

07-Dec-2016 Intellasia | Reuters | 6:00 AM

South Korean corporate chiefs told a parliamentary panel on Tuesday that they were not seeking favours when they made contributions to two foundations at the heart of a [...]
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Live on TV: Samsung heir grilled by Korean lawmakers

07-Dec-2016 Intellasia | AP | 6:00 AM

It’s a rare moment of public reckoning for South Korea’s most powerful business leaders and possibly the worst day for Samsung’s billionaire heir, courtesy [...]
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Korean industry titans made to sweat in scandal probe

Korean industry titans made to sweat in scandal probe

07-Dec-2016 Intellasia | AFP | 6:00 AM

Samsung Group’s heir-apparent Lee Jae-Yong (L) answers a question as Lotte Group Chair Shin Dong-Bin listens during a parliamentary probe into a scandal engulfing [...]
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Titans of Korea Inc face questions in political scandal

07-Dec-2016 Intellasia | Reuters | 6:00 AM

The heads of South Korea’s biggest corporate groups arrived at the country’s National Assembly building on Tuesday morning for an unprecedented hearing into the [...]
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Korea corporate chiefs deny seeking favours for donations

07-Dec-2016 Intellasia | Reuters | 6:00 AM

South Korean corporate chiefs told a parliamentary panel on Tuesday that they were not seeking favours when they made contributions to two foundations at the heart of a [...]
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Samsung Group’s Lee says will take responsibility for scandal

07-Dec-2016 Intellasia | Reuters | 6:00 AM

Samsung Group leader and founding family heir Jay Y. Lee said on Tuesday he will move to abolish the conglomerate’s future strategy office in response to criticism [...]
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Ri Sol-ju, wife of Kim Jong-un, ends mysterious absence; in public after 9 months

Ri Sol-ju, wife of Kim Jong-un, ends mysterious absence; in public after 9 months

07-Dec-2016 Intellasia | IBT | 6:00 AM

North Korean leader Kim Jong Un (2nd L) and wife Ri Sol Ju (L) enjoy a joint performance given by the State Merited Chorus and the Moranbong Band celebrating the 70th [...]
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