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Asia Top News and Analysis South Korea

  • CNBC’s Arjun Kharpal talks about the future of Samsung after the group’s chief Jay Y. Lee was arrested for his alleged role in a corruption scandal.

  • Jay Y. Lee, co-vice chairman of Samsung Electronics, center, sits in a car as he leaves the Seoul Central District Court in Seoul, South Korea, on Thursday, Feb, 16, 2017.

    Samsung Group’s chief Jay Y. Lee has been arrested over his alleged role in a corruption scandal. CNBC’s Chery Kang and SBS CNBC’s June Yoon have the latest.

  • Chaebol reform will depend on new government: Academic

    Park Sangin, professor at Seoul National University, says the fate of Jay Y. Lee depends on public sentiment and political appetite for chaebol reform.

  • Market still loves Samsung: Guppy

    Daryl Guppy, CEO of Guppytraders.com, takes a look at the charts for Samsung Electronics stock, the Kospi index and the USD/KRW cross.

  • The 'Korean Spring'

    Jeong-Ho Roh, director of Korean legal studies at Columbia Law School, says similar to the Arab Spring, rule of law and a populist wave have taken center stage.

  • What is next for Samsung?

    Daniel Yoo of Kiwoom Securities says product competitiveness is the key issue for the company to focus on.

  • How investors are reacting to Samsung

    Daniel Yoo of Kiwoom Securities says investors are more focused on what the next growth area rather than the ties between chaebols and politics.

  • SINGAPORE- Federal Reserve Bank of Cleveland President Loretta Mester speaks on "View From the Federal Reserve" before the Global Interdependence Center "Central Bank Series: Singapore" event- 0115 GMT. SYDNEY- Reserve Bank of Australia Governor Philip Lowe to speak at the Australia-Canada Economic Leadership Forum- 2230 GMT. WARSAW- National Bank of Poland...

  • Contract manufacturing firm Samsung BioLogics has denied allegations it juggled its accounting practices.

  • Jay Y. Lee, co-vice chairman of Samsung Electronics, center, sits in a car as he leaves the Seoul Central District Court in Seoul, South Korea, on Thursday, Feb, 16, 2017.

    Samsung Group chief Jay Y. Lee was arrested on Friday, a South Korean court said, over his alleged role in a corruption scandal.

  • This file photo dated May 4, 2001 shows a man believed to be Kim Jong-Nam being escorted by an immigration officer as he gets off a bus at Narita airport near Tokyo.

    South Korea's National Intelligence Service and eager reporters across Asia have assembled a profile of the last hour of Kim's life.

  • *Hearings in President Park impeachment case to end Feb. 24. SEOUL, Feb 16- Samsung Group leader Jay Y. Lee left a Seoul court after more than eight hours on Thursday to await a decision on whether he will be arrested over his alleged role in a corruption scandal that has engulfed President Park Geun-hye. The 48- year-old Lee, wearing a dark coat and navy tie, kept his head...

  • SEOUL, South Korea— The billionaire heir to Samsung, South Korea's most successful and best known conglomerate, made his second attempt Thursday to block efforts by prosecutors to arrest him on bribery and other charges in connection with a corruption scandal that has engulfed the country's president. A court hearing on whether to issue an arrest warrant for...

  • KEEPING SCORE: European markets got off to a weak start with Britain's FTSE 100 down 0.4 percent to 7,272.37. Hong Kong's Hang Seng index gained 0.5 percent to 24,107.70 and Shanghai Composite Index rose 0.5 percent to 3,229.62. Stocks in Taiwan and Indonesia were lower but in Singapore and the Philippines they were higher.

  • SEOUL, Feb 16- A South Korean judge questioned Samsung Group leader Jay Y. Lee and another executive behind closed doors on Thursday to decide whether they should be arrested over their roles in a corruption scandal that has engulfed President Park Geun-hye. South Korea's special prosecutor's office has focused its investigations on Samsung Group's...

  • Samsung Electronics Vice Chairman Lee Jae-yong walked into the Seoul Central District Court without speaking to the pack of reporters. They accuse him of giving bribes worth $36 million to President Park and her long-time friend in order to win government favors for a smooth company leadership transition. The approval would also help bring bribery charges...

  • A man watches a television showing news reports of Kim Jong-Nam, the half-brother of North Korean leader Kim Jong-Un, in Seoul on February 14, 2017.

    If this was indeed an assassination, it was almost certainly North Korean in origin, according to Professor Hazel Smith. NBC News reports.

  • TOKYO, Feb 15- Toshiba Corp may delay the sale of its prized flash-memory chip unit after the conglomerate said it would consider selling most, even all, of the marquee business, a person with direct knowledge of the matter said. Changing the rules of the chip auction, which sources have said has generated bids of 200- 400 billion yen, could push the sale beyond...

  • TOKYO, Feb 15- Shares in Toshiba Corp skidded on Wednesday after the conglomerate said it would book a $6.3 billion hit to its U.S. nuclear unit and may sell a majority stake in its prized flash-memory chip unit as it scrambles for cash to stay in business. Facing a March 27 deadline to avoid a delisting, Chief Executive Satoshi Tsunakawa said he would consider...

  • SEOUL, Feb 15- South Korea's special prosecutor's office said on Wednesday it had expanded charges against Samsung Group chief Jay Y. Lee to include hiding the proceeds of a criminal act before it decided to seek a warrant for his arrest for a second time. South Korea's special prosecutor has focused on Samsung Group's relationship with Park, accusing Lee in his...