반응형 ENGLISH NEWS776 "Pharma & Biotech Industry Accelerates Second-Generation Succession Amid Growing Major domestic pharmaceutical and biotech companies are rapidly transitioning to a second-generation owner-centered management structure. Companies such as Samjin Pharmaceutical, AhnGook Pharmaceutical, and Celltrion have recently placed second-generation family members at the forefront, signaling a shift in leadership.Samjin Pharmaceutical has decided not to propose the reappointment of CEO Cho.. 2025. 3. 6. Supreme Court Overturns Appellate Ruling in Case of Former Samyang Foods Chairman Jeon In-jang The Supreme Court has ordered a retrial of the appellate court ruling on Jeon In-jang, former chairman of Samyang Foods, who was indicted for issuing a large amount of fraudulent tax invoices using paper companies.On the 27th, the Third Division of the Supreme Court (Presiding Justice Lee Heung-gu) overturned the appellate ruling, which sentenced Jeon to one year and six months in prison with a .. 2025. 3. 5. HD Hyundai Oilbank Executives Sentenced for Illegal Wastewater Discharge…Company Appeals HD Hyundai Oilbank's former and current executives were sentenced to prison in the first trial for illegally discharging wastewater containing phenol, a hazardous substance that exceeded the standard limit. The company strongly opposed the ruling and immediately announced its intention to appeal.On the 26th, the 27th Criminal Division of the Seoul Central District Court (Presiding Judge Woo In-s.. 2025. 3. 5. Youngpoong Group Pushes for Korea Zinc Acquisition Amid Declining Performance…An Overambitious Move? The sense of crisis is growing across Youngpoong Group as its major affiliates continue to report poor performances.In particular, Youngpoong Electronics, which had been a supplier for Apple, is expected to incur significant losses due to issues such as defective components and a reduction in supply volume to its client. Given this situation, there are concerns that Youngpoong Group’s attempt to.. 2025. 3. 4. LG CNS Faces Dual Woes, IPO Investors Excluded from Dividends, Stock Price Drops LG CNS has been facing growing controversy following its IPO at an offering price of KRW 61,900, due to issues related to dividend payments and a decline in stock value.The company decided to pay a dividend of KRW 1,672 per share exclusively to existing shareholders, while investors who acquired shares through the IPO were excluded from the dividend distribution.Moreover, the stock price has fal.. 2025. 3. 1. Hyundai Steel Implements First-Ever Partial Lockout Amid Prolonged Union Strike Hyundai Steel has decided to implement a partial lockout at some production lines of its cold rolling plant in the Dangjin Steelworks on the 24th in response to the labor union’s strike. This marks the first partial lockout in the company's history.In a public notice issued under the name of the CEO, the company stated, "Due to the labor union strike that has continued since February 1, normal p.. 2025. 2. 27. Prosecutors Appeal First-Instance Ruling on Former Gyeonggi Peace Cooperation Chief Shin Myung-seop The prosecution has appealed the first-instance court ruling that sentenced Shin Myung-seop, former director of the Gyeonggi Province Peace Cooperation Bureau, to a suspended prison term on charges of abuse of power and violations of the Local Finance Act in connection with North Korea aid projects.On the 24th, the Criminal Division 6 of the Suwon District Prosecutors' Office (Chief Prosecutor S.. 2025. 2. 27. Korea GM Union Executive Accused of Embezzling 100 Million KRW – Police Investigate Police have launched a full-scale investigation following allegations that a former executive of the Korea GM labor union embezzled union dues amounting to over 100 million KRW.According to the Korea GM branch of the National Metal Workers’ Union on the 24th, the union filed a complaint with the police on the 17th against former union executive A and former financial officer B on charges of occu.. 2025. 2. 26. Former KAI CEO Ha Sung-yong Gets 2-Year Suspended Sentence for Embezzlement, Hir Former KAI CEO Ha Sung-yong Receives Suspended Prison Sentence for Embezzlement and Hiring IrregularitiesThe Supreme Court's Third Division (Presiding Justice Lee Sook-yeon) recently upheld the lower court's ruling, sentencing former Korea Aerospace Industries (KAI) CEO Ha Sung-yong to two years in prison with a three-year suspension.Ha was indicted in 2017 for his involvement in large-scale acc.. 2025. 2. 26. ChatGPT Sees Surge in Domestic Users Amid DeepSeek Controversy, Shifting AI Comp The number of domestic users of ChatGPT has surged amid the emergence of China's AI service, DeepSeek, and the ensuing controversy. Analysts suggest that security concerns surrounding DeepSeek are driving users toward ChatGPT.According to mobile data analytics firm IGAWorks' Mobile Index on the 23rd, ChatGPT's weekly active mobile users (WAU) surpassed 2 million in February.In the first week of .. 2025. 2. 26. Controversy Over Koo Yeon-kyung’s Reappointment as LG Welfare Foundation Head, Impact of Insider Trading Allegations? Koo Yeon-kyung, the head of LG Welfare Foundation, is facing growing controversy over her potential reappointment, as her current term is set to expire on the 31st of next month. Concerns about her suitability for the role have been raised, especially as she is awaiting trial on charges of stock trading using undisclosed information.Koo has been advising LG Welfare Foundation’s social contributi.. 2025. 2. 25. Former Shinpoong Pharm CEO Indicted for Insider Trading The Securities and Futures Commission (SFC) under the Financial Services Commission has filed a complaint with the prosecution against Jang Won-jun, former CEO of Shinpoong Pharm, for violating the Capital Markets Act.On the 12th, during a regular meeting, the SFC determined that Jang and Shinpoong Pharm's holding company, Songam, had used undisclosed material information to gain unfair profits... 2025. 2. 25. Woori Financial Overhauls Board, Brings in Internal Control Experts Woori Financial Group is reinforcing its commitment to ethical management and restoring customer trust by appointing an internal control expert to its board of directors.According to the financial industry on the 20th, four out of seven outside directors of Woori Financial Group are set to be replaced. Director Jung Chan-hyung will step down after completing the maximum six-year term, while Dire.. 2025. 2. 24. Rumors of Taewang E&C’s Corporate Card Restriction Spread Concerns in Construction Industry Concerns Over Liquidity Arise as Rumors Spread About Taewang E&C’s CorporateCard SuspensionRumors have been circulating in the construction industry that mid-sized construction company Taewang E&C’s corporate card usage has been restricted, raising concerns about the company’s liquidity.According to industry sources on the 20th, news of Taewang E&C’s corporate card suspension has spread, leading.. 2025. 2. 24. FSC Imposes ₩3.6B Fine on Kyongnam Bank for Accounting Violations The Financial Services Commission (FSC) has decided to impose strong sanctions on BNK Kyongnam Bank, Orient Bio, and Arc Solutions for violating accounting standards.At the 23rd regular meeting held on the 19th, the FSC confirmed that BNK Kyongnam Bank had overstated its capital by approximately 100 billion won in 2021 by failing to properly account for an employee's embezzlement of funds. As a .. 2025. 2. 24. Daewe Winia Chairman Park Young-woo Sentenced to 4 Years for Unpaid Wages Park Young-woo, chairman of Daewe Winia Group, who was prosecuted for failing to pay hundreds of billions of won in wages and severance to workers, has been sentenced to four years in prison in the first trial.On the 19th, the Criminal Division 2 of the Seongnam Branch of the Suwon District Court (Presiding Judge Lee Jin-hyuk) sentenced Chairman Park to four years in prison on charges of violati.. 2025. 2. 24. LG Heir's Son-in-Law Yoon Kwan Loses ₩12.3B Tax Lawsuit, Court Rejects Ruling Secrecy Request Yoon Kwan, CEO of BlueRun Ventures (BRV) and the eldest son-in-law of the LG family, has lost a 12.3 billion KRW (approximately $9.2 million) income tax lawsuit against the Gangnam Tax Office. His request to restrict public access to the first-instance court ruling has also been denied by the court.According to legal sources, the Administrative Division 5 of the Seoul Administrative Court dismis.. 2025. 2. 24. Sejong Large-Scale Real Estate Fraud, ₩9.2 Billion Financial Sector Loss, Including NH NongHyup Bank NH NongHyup Bank has confirmed a financial accident amounting to 1.6 billion KRW in connection with a large-scale fraud case that occurred in Sejong.On the 11th, NongHyup Bank announced in a public disclosure that an external financial accident had taken place, with the damage amounting to 1,657,620,000 KRW. The incident occurred between May 9, 2022, and August 9, 2023, and the final loss amount.. 2025. 2. 14. KRX Confirms Delisting of Ssangbangwool Due to Embezzlement and Breach of Trust The Korea Exchange (KRX) has officially confirmed the delisting of Ssangbangwool, which had its trading suspended on the 11th due to allegations of embezzlement and breach of trust by its management.On this day, the KRX held a Listing Disclosure Committee meeting to review whether Ssangbangwool should maintain its listing. Considering the company's sustainability and management transparency, the.. 2025. 2. 13. KFTC, Launches On-Site Probe into SM Group's Unfair Internal Transactions Allegations The Korea Fair Trade Commission (KFTC) has launched an on-site investigation into allegations of unfair internal transactions within SM Group.According to industry sources on the 11th, the KFTC’s Internal Transaction Monitoring Division dispatched investigators to SM Group’s headquarters on the 10th to conduct the probe. The investigation is expected to focus on whether specific affiliates recei.. 2025. 2. 13. Former Woori Financial Chairman Sohn Tae-seung Attends First Trial, Denies Breach of Trust Charges Former Woori Financial Group Chairman Sohn Tae-seung denied the charges against him in his first trial regarding allegations of improper loans by Woori Bank.According to Yonhap News, Sohn appeared at the Seoul Southern District Court on the 12th for a trial presided over by Judge Yang Hwan-seung of the 15th Criminal Division. He has been indicted on charges of breach of trust under the Act on th.. 2025. 2. 13. GS E&C, demands ₩485.9 billion hike for Maple Xi project, raising move-in concerns Construction firm GS E&C has demanded an additional construction cost of 485.9 billion KRW from the cooperative of the "Maple Xi" redevelopment complex in Sinbanpo District 4, Seocho-gu, Seoul, and has taken legal action. Of this amount, 257.1 billion KRW is already the subject of a lawsuit filed with the Seoul Central District Court. As a result, concerns are growing that the scheduled move-in .. 2025. 2. 12. LCT Sales Fraud, Chairman Lee Young-bok's Son Receives Suspended Sentence in First Trial On the 7th, the Seoul Central District Court’s Criminal Division 21 (Presiding Judge Heo Kyung-moo) sentenced Mr. Lee (53), who was indicted on charges of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes, to three years in prison with a four-year suspended sentence.The court stated, "Mr. Lee deceived victims by concealing his financial liabilities and exaggerating his.. 2025. 2. 12. T'way Air Management Dispute Intensifies as Shareholder Votes Become Key Factor As the management dispute at T'way Air intensifies, the voting rights of the National Pension Service (NPS) and foreign investors have emerged as key variables. In response, T'way Air CEO Jung Hong-geun is focusing on strategies to secure shareholder support.At a press conference held at T'way Air's Seoul office on the 10th, Jung stated, "We are aware that the National Pension Service holds a st.. 2025. 2. 12. SpaceX Starship Explosion Debris Falls on Caribbean Island, Causing Property Damage Debris from SpaceX’s Starship, which exploded mid-air during takeoff on January 16, has crashed onto an island in the southern Caribbean near Florida, according to reports from CNN and other U.S. media outlets.Although there were no casualties, wreckage from the spacecraft reportedly fell onto a parked car in the Turks and Caicos Islands, causing damage.While the powerful thrust of the Starship’.. 2025. 2. 12. IBK’s KRW 24 Billion Loan Fraud Expands… FSS Investigates The scale of the fraudulent loan case involving former and current employees of IBK Industrial Bank, a state-run bank, has more than doubled from the initially reported amount of KRW 24 billion.According to the financial sector on the 7th, the Financial Supervisory Service (FSS) uncovered additional instances of fraudulent loans during its on-site inspection of IBK Industrial Bank.An FSS officia.. 2025. 2. 12. Kim Won-kyu, LS Securities CEO, Indicted for Preferential Art Purchase and PF Loan Aiding Kim Won-kyu, CEO of LS Securities (formerly Ebest Investment & Securities), has been indicted for allegedly providing business favors in exchange for purchasing high-value artwork at a price lower than market value from an executive and aiding in the misappropriation of real estate project financing (PF) loans.On the 7th, the Seoul Central District Prosecutors’ Office Anti-Corruption Investigati.. 2025. 2. 12. Tesla Stock Falls Amid Global Sales Slump, Struggles in China and Europe Tesla, the American electric vehicle manufacturer, continues to see a decline in its stock price as it struggles with weak performance in the global market.On the 7th (local time), Tesla's stock closed at $361.62 on the New York Stock Exchange, down 3.39% from the previous day. The stock started the session at $370.19 but gradually extended its losses throughout the day.The primary factor behind.. 2025. 2. 11. Maple Xi Reconstruction Cost Dispute: GS E&C Files ₩257 Billion Lawsuit A dispute over construction costs for the reconstruction of ‘Maple Xi’ (Shinbanpo District 4) in Jamwon-dong, Seocho-gu, Seoul, has escalated into a legal battle. GS E&C has filed a lawsuit against the association, demanding an additional construction fee of approximately 257 billion KRW.According to industry sources on the 10th, GS E&C filed a lawsuit against the Shinbanpo District 4 Reconstruc.. 2025. 2. 11. Woori Bank’s 2.3 Trillion KRW Illegal Loan Scandal Involving Executives and Relatives Over the past five years, more than 2.3 trillion KRW in illegal loans have been discovered at Woori Bank, as revealed by the Financial Supervisory Service (FSS) investigation.In particular, it was found that the illegal loans involving Sohn Tae-seung, the former chairman of Woori Financial Group, and his relatives amounted to 730 billion KRW.Woori Financial Group and Woori Bank are shown to have.. 2025. 2. 11. 이전 1 2 3 4 5 ··· 26 다음 반응형
