CANBERRA- Reserve Bank of Australia Governor Philip Lowe will appear at the House of Representatives Standing Committee on Economics. CHISINAU- National Bank of Moldova announces interest rate decision. ANKARA- Central Bank of the Republic of Turkey monetary policy meeting.
South Koreans are calling for greater accountability among the country's largest family-owned conglomerates. CNBC's Chery Kang takes a closer look.
Trump has been confronted with a series of administrative crises while struggling to move the ball on key policy priorities, NBC News reports.
North Korea will probably be “the single most defining geopolitical challenge” for the Trump administration, a former NSC Asia director said.
The downfall of Samsung vice chairman Lee Jae-Yong may inflict more damage on the conglomerate's reputation than its financial performance.
It was an intense weekend for Jay Y. Lee as a special prosecution team in South Korea grilled the de-facto leader of Samsung for over 20 hours.
Ashish Goyal of NN Investment Partners says South Koreans want firmer action and discipline when chaebols misbehave.
Troy Stangarone, senior director at the Korea Economic Institute, talks about how Jay Y. Lee's arrest will impact Samsung and chaebol reform in South Korea.
Tony Michell, MD at Korea Associates Business Consultancy, weighs in on the arrest of Samsung's Jay Y. Lee and its impact on the Korean markets.
The four North Koreans flew out of Malaysia, but police would not reveal the flight's destination.
48-year-old Samsung Group chief Jay Y. Lee, who has a net worth of $6.2 billion, was escorted by officials from a justice ministry van.
Malaysian police said they had arrested a North Korean man in connection with the murder of Kim Jong Nam.
China should be more worried than the U.S. is about the latest developments around North Korea, analysts say.
Lee was arrested for his alleged role in a corruption scandal that led to the impeachment of Korean president Park Geun-hye.
South Koreans planning to inform their Northern neighbors of their assassination of their leader's half-brother, Kim Jong Nam.
SEOUL/ SINGAPORE, Feb 17- A shift in the use of liquefied petroleum gas to petrochemicals and away from transport has pushed demand for the fuel to new records in South Korea, after years of slumping consumption, a change which mostly benefits U.S. suppliers. South Korea mainly used LPG to power cars up to 2010, but sales started to spiral down as drivers of...
Prosecutors believe Lee Jae-yong, 48, a vice chairman at Samsung Electronics and the only son of the ailing Samsung chairman, gave bribes worth $36 million to President Park Geun-hye and her close friend to help win government support for a smooth company leadership transition, including a contentious merger of two Samsung companies. "What would affect its...
*Lee sought over bribery scandal involving President Park. SEOUL, Feb 17- Samsung Group chief Jay Y. Lee was arrested on Friday over his alleged role in a corruption scandal rocking the highest levels of power in South Korea, dealing a fresh blow to the technology giant and standard-bearer for Asia's fourth-largest economy. The 48- year-old Lee, scion of the...
*Says Dubai crude supply tightened following OPEC output cuts. SEOUL, Feb 17- SK Energy has bought Russian Urals crude for the first time in 10 years, a spokeswoman for the parent company of South Korea's top refiner said on Friday. "Dubai crude supply is tight in Asia after the OPEC cut deal, making other crude outside the region more economical," she said, adding that...
SEOUL, Feb 17- For Jay Y. Lee, the third-generation leader of South Korea's massive Samsung Group and scion of the country's wealthiest family, home is now a 6.56 square meter detention cell with a toilet in the corner behind a partition. He has no shower, only a wash-stand. Lee is being held in a single cell and will not be allowed contact with other inmates, said an...