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  • SEOUL, South Korea— Hyundai Motor Group says it will significantly increase its investment in the U.S. while Donald Trump is president and it is considering building a new U.S. factory. Chung Jin Haeng, a president of the world's fifth-largest automotive group, said Tuesday that Hyundai Motor, Kia Motors and their affiliated companies will spend $3.1 billion...

  • SEOUL, Jan 17- The Hyundai Motor Group said it plans to boost U.S. investment by 50 percent to $3.1 billion over five years and may build a new U.S. factory- the latest auto firm to announce fresh investment after threats from President-elect Donald Trump to tax imports. Trump has threatened to slap a 35 percent tax on vehicles imported from Mexico, criticising...

  • BEIJING— Asian stocks declined Tuesday after Britain said Prime Minister Theresa May will announce London plans to withdraw completely from the European Union. Benchmarks in Taiwan, Indonesia and Bangkok gained while Singapore fell. BREXIT: The British government said Prime Minister Theresa May, in a speech Tuesday, will announce London wants a clean break...

  • SEOUL, South Korea— A request by South Korean prosecutors to arrest Lee Jae-yong, the 48- year-old vice chairman and de facto leader of Samsung Electronics, has added to the troubles for the country's most valuable company after a spate of recalls last year. A Seoul court will review the request for his arrest Wednesday and will likely decide on it within this week.

  • SEOUL, Jan 16- South Korea's special prosecutor on Monday sought a warrant to arrest the head of Samsung Group, the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye. Investigators had grilled Samsung Group chief Jay Y. Lee for 22 straight hours last week as a suspect in a corruption scandal,...

  • SEOUL, Jan 16- South Korea's special prosecutor on Monday sought a warrant to arrest the head of Samsung Group, the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye. Investigators had grilled Samsung Group chief Jay Y. Lee for 22 straight hours last week as a suspect in a corruption scandal,...

  • SEOUL, Jan 16- South Korea's special prosecutors' office said on Monday it was seeking a warrant to arrest the head of Samsung Group, the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye. Samsung Group chief Jay Y. Lee was questioned for 22 straight hours last week as investigators probed a...

  • SEOUL, Jan 16- South Korea's special prosecutor's office said on Monday it was seeking a warrant to arrest the head of Samsung Group, the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye. Samsung Group chief Jay Y. Lee was questioned for 22 straight hours last week as investigators probed a...

  • SEOUL, South Korea— In a departure from the leniency typically given South Korean big businesses, prosecutors on Monday requested the arrest of the de facto head of Samsung Electronics, the country's most valuable company, in an influence-peddling scandal that has toppled the country's president. Lee Jae-yong, the 48- year-old vice chairman at Samsung...

  • SEOUL, Jan 16- South Korea's special prosecutors' office said it will seek a warrant to arrest the head of Samsung Group, the country's biggest conglomerate, as a corruption scandal engulfing President Park Geun-hye escalated on Monday. Samsung Group chief Jay Y. Lee was questioned for 22 straight hours last week as investigators probe a scandal that has reached...

  • SEOUL, South Korea— Prosecutors have requested the arrest of the Samsung heir Lee Jae-yong as a bribery suspect in the influence-peddling scandal that led to the impeachment of South Korea's president. The special prosecutors office said Monday that it requested an arrest warrant for Lee, the 48- year-old Samsung Electronics vice chairman.

  • SEOUL, South Korea— Prosecutors request arrest of Samsung heir Lee Jae-yong as bribery suspect in South Korea influence-peddling scandal.

  • SEOUL, Jan 16- South Korean prosecutors will decide on Monday whether the head of Samsung Group, the country's biggest conglomerate, should be arrested as an influence-peddling scandal engulfing impeached President Park Geun-hye's government gained momentum. Samsung Group chief Jay Y. Lee was questioned for 22 straight hours last week as investigators...

  • BERLIN, Jan 13- Ten employees of United Technologies Corp's Pratt& Whitney unit, including the head of its F135 engine programme, have left the company after an internal audit uncovered an ethics issue linked to a visit by a South Korean delegation, sources familiar with the matter told Reuters. Three sources said the ethics problem occurred during a business...

  • SEOUL, Jan 13- Jay Y. Lee, who heads South Korea's massive Samsung Group, was given a $5 box meal for lunch and did not sleep in over 22 hours of questioning in a corruption scandal involving impeached President Park Geun-hye. Lee, who has a net worth of $6.2 billion and is the third-generation leader of the country's biggest conglomerate, or "chaebol," left the special...

  • KEEPING SCORE: Britain's FTSE 100 gained 0.3 percent to 7,312 while France's CAC 40 rose 0.8 percent to 4,902. Germany's DAX advanced 0.5 percent to 11,579. Futures showed U.S. markets headed for a lackluster start. In November, China's exports eked out a 0.1 percent expansion after shrinking for nine straight months. "The upshot is that while China's trade...

  • *Jay Y. Lee denies wrongdoing over key suspicions. SEOUL, Jan 13- Samsung Group leader Jay Y. Lee left the South Korean special prosecutor's office early on Friday after more than 22 hours of questioning on bribery suspicions in an influence-peddling scandal that could topple President Park Geun-hye. The special prosecutor's office said it would decide by...

  • SEOUL, Jan 13- Jay Y. Lee, who heads South Korea's massive Samsung Group, was given a $5 box meal for lunch and did not sleep in over 22 hours of questioning in a corruption scandal involving impeached President Park Geun-hye. Lee, who has a net worth of $6.2 billion and is the third-generation leader of the country's biggest conglomerate, or "chaebol", left the special...

  • SEOUL, South Korea— South Korea's central bank has lowered its forecast for the country's growth in 2017 due partly to the fallout from a massive influence-peddling scandal. Bank of Korea said Friday that the economy will likely expand 2.5 percent this year, slower than its October prediction of 2.8 percent growth. It said Asia's fourth-largest economy will...

  • *BOK keeps rates at 1.25 pct. SEOUL, Jan 13- South Korea's central bank kept interest rates unchanged at a record low 1.25 percent on Friday, for a seventh month, and slashed its growth forecast for 2017 as it braces for U.S. policy developments under the presidency of Donald Trump. "Going forward, we should scrutinise the new U.S. administration and growing household...