Archive for January 13th, 2017

A Scandal at Korea’s Retirement Giant

13-Jan-2017 Intellasia | Bloomberg | 6:00 AM

With 546 trillion won ($456.5 billion) in assets, South Korea’s public National Pension Service is the world’s third-largest pension fund, behind Japan’s [...]
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Bird flu-plagued Korea agrees to buy US eggs

13-Jan-2017 Intellasia | AP | 6:00 AM

South Korea is in the throes of a bird flu outbreak has asked the United States to ship it shell eggs, marking the first time the Asian country has sought to buy large [...]
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Samsung heir becomes suspect in S. Korea political scandal

Samsung heir becomes suspect in S. Korea political scandal

13-Jan-2017 Intellasia | AFP | 6:00 AM

Samsung heir Lee Jae-Yong has become a criminal suspect in a widening probe into the corruption and influence-peddling scandal engulfing impeached South Korean President Park [...]
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US sanctions N. Korean officials for rights abuses

13-Jan-2017 Intellasia | AFP | 6:00 AM

US authorities on Wednesday announced sanctions against North Korean government agencies and senior officials – among them leader Kim Jong-Un’s sister – in [...]
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US sanctions N Korean officials, including Kim Jong-Un’s sister, for rights abuses

US sanctions N Korean officials, including Kim Jong-Un’s sister, for rights abuses

13-Jan-2017 Intellasia | Indian Express | 6:00 AM

The latest action targets security and prison officials accused of rights abuses. US authorities have announced sanctions against North Korean government agencies and senior [...]
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Samsung heir quizzed as suspect in Park scandal

13-Jan-2017 Intellasia | AFP | 6:00 AM

Samsung heir Lee Jae-Yong was grilled by South Korean prosecutors Thursday after becoming a criminal suspect in the corruption scandal engulfing impeached President Park [...]
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26 N. Koreans rescued as cargo ship sinks off Japan

26 N. Koreans rescued as cargo ship sinks off Japan

13-Jan-2017 Intellasia | Reuters | 6:00 AM

Japan rescued 26 North Koreans after they abandoned their sinking cargo vessel in the East China Sea, the coast guard said Thursday. Japan Coast Guard patrol boats plucked [...]
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Korea prosecutors indict Volkswagen local unit executives, staff

13-Jan-2017 Intellasia | Reuters | 6:00 AM

South Korean prosecutors indicted seven current and former executives and employees of Volkswagen AG’s (VOWG_p.DE) local unit as well as one contractor for alleged [...]
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Korea approves VW recall of Tiguan vehicles

13-Jan-2017 Intellasia | Reuters | 6:00 AM

South Korea said on Thursday it has approved Volkswagen’s (VOWG_p.DE) plan to fix 27,000 Tiguan sports utility vehicles to ensure they comply with emissions standards, [...]
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Korea special prosecutor yet to decide on seeking arrest of Samsung leader

13-Jan-2017 Intellasia | Reuters | 6:00 AM

Special South Korean prosecutors questioned the head of top conglomerate Samsung Group [SAGR.UL] on suspicion of bribery on Thursday in an influence-peddling scandal that led [...]
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News Analysis: Japan-S. Korea ties may unravel following Japan’s overreaction to ‘comfort women’ statue

13-Jan-2017 Intellasia | Xinhua | 6:00 AM

Japan’s top government spokesperson, Chief Cabinet Secretary Yoshihide Suga told a press conference Tuesday that Japan “has not yet decided” when its [...]
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N Korea Warns Its ICBMs Will Soon Send Shivers Down America’s Spine

13-Jan-2017 Intellasia | Dailycaller | 6:00 AM

Pyongyang tripled down on Kim Jong-un’s New Year’s claim that North Korea is close to testing an intercontinental ballistic missile (ICBM) Wednesday. “We [...]
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President-Elect Donald Trump Joins Korea’s Left In Pushing New Korea Policy

13-Jan-2017 Intellasia | Forbes | 6:00 AM

South Korea’s political convulsions seem likely to deliver a new president sooner rather than later. Elections are scheduled for December, but if the Constitutional [...]
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Former UN chief Ban departs for Korea

13-Jan-2017 Intellasia | Yonhap | 6:00 AM

Former UN Secretary-General Ban Ki-moon left for South Korea on Wednesday after his 10-year service at the international organisation, amid widespread expectations about his [...]
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Ban Ki-moon to address allegations in his native Korea

Ban Ki-moon to address allegations in his native Korea

13-Jan-2017 Intellasia | UPI | 6:00 AM

Former United Nations Secretary-General Ban Ki-moon has yet to officially announce a presidential run in his native South Korea. But allegations of corruption, centering on [...]
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