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South Korea prosecutors seek 5-year jail term for Samsung Elec chief in appeals case

South Korea prosecutors seek 5-year jail term for Samsung Elec chief in appeals case

Prosecutors allege Jay Y. Lee prioritised personal gain as Samsung's de-facto leader during the merger, harming shareholders and investors.
Mon Nov 25 2024
Samsung chief Lee cleared of charges in 2015 merger case

Samsung chief Lee cleared of charges in 2015 merger case

Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul court.
Mon Feb 05 2024
[PODCAST] Daily Dose @ 5: BNM says investigation ongoing into potential data breach,  South Korea pardons Samsung heir

[PODCAST] Daily Dose @ 5: BNM says investigation ongoing into potential data breach, South Korea pardons Samsung heir

Catch up on the top stories, in just 3-minutes!
Fri Aug 12 2022
S.Korea's Yoon pardons Samsung's Jay Y. Lee to counter 'economic crisis'

S.Korea's Yoon pardons Samsung's Jay Y. Lee to counter 'economic crisis'

Justice Minister Han Dong Hoon said the business leader was needed to help overcome a "national economic crisis".
Fri Aug 12 2022
Korean PM to recommend presidential pardon for Samsung's Lee

Korean PM to recommend presidential pardon for Samsung's Lee

If Yoon agrees, the pardon could come around the time of South Korea's Independence Day on Aug. 15, when they are traditionally handed out.
Wed Jul 27 2022
Samsung leader Lee pleads guilty to unlawful use of sedative

Samsung leader Lee pleads guilty to unlawful use of sedative

Staff at a clinic where Lee received the sedative, who are being tried separately, have denied wrongdoing.
Tue Oct 12 2021
Thinner and contrite, Samsung's leader walks out of jail on parole

Thinner and contrite, Samsung's leader walks out of jail on parole

Samsung Electronics Vice Chairman Jay Y. Lee, convicted of bribery and embezzlement, walked out of prison on parole today.
Fri Aug 13 2021
Korea's business leaders call on Moon to free jailed Samsung boss Lee

Korea's business leaders call on Moon to free jailed Samsung boss Lee

Business leaders have highlighted the need for Lee to be active to retain South Korea's leading position in the chip industry.
Wed Jun 02 2021
Samsung leader Jay Y. Lee attends trial amid calls for pardon

Samsung leader Jay Y. Lee attends trial amid calls for pardon

Lee made his first public appearance since being jailed in January, as he attended court to face charges of fraud and stock manipulation.
Thu Apr 22 2021
Samsung's Lee receives 30-month prison term in bribery trial

Samsung's Lee receives 30-month prison term in bribery trial

The Seoul High Court found Lee guilty of bribery, embezzlement and concealment of criminal proceeds worth about $7.8 million.
Mon Jan 18 2021
Samsung's Lee faces sentencing for bribery charge after four years of trials

Samsung's Lee faces sentencing for bribery charge after four years of trials

If Lee is jailed, he will be sidelined from major decision making at Samsung Electronics as it strives to overtake competitors.
Sun Jan 17 2021
Funeral send-off held for late Samsung chairman Lee Kun-hee

Funeral send-off held for late Samsung chairman Lee Kun-hee

His passing raised expectations for stake sales and a potential restructuring of the sprawling business empire.
Wed Oct 28 2020
How Samsung's ownership may change as heirs take over from late Chairman Lee

How Samsung's ownership may change as heirs take over from late Chairman Lee

Although the family is expected to maintaining control of Samsung Electronics Co Ltd but their combined direct stake ownership is only 5.8%.
Tue Oct 27 2020
South Korean appeals court sets Samsung scion Lee free

South Korean appeals court sets Samsung scion Lee free

A South Korean appeals court set Samsung Group heir Jay Y. Lee free after nearly a year of detention, suspending his 5-year jail term after he was convicted of bribing the country's former president.
Mon Feb 05 2018
Samsung Elec CEO Kwon Oh-hyun to step down from management

Samsung Elec CEO Kwon Oh-hyun to step down from management

The surprise resignation comes as Kwon was expected to take a bigger role following the arrest of Samsung Group scion and heir apparent Jay Y. Lee in February on bribery charges.
Fri Oct 13 2017
'No one will win a trade war,' China says after Trump tariff threat

'No one will win a trade war,' China says after Trump tariff threat

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN

One woman or girl killed every 10 minutes by intimate partner or family member - UN

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024