South Korea’s special prosecutor delays until Monday (January 16) a decision on whether to seek a warrant to arrest Samsung Group leader Jay Y. Lee, a suspect in an influence-peddling investigation involving President Park Geun-hye, citing the gravity of the case. Scarlett Cvitanovich reports. Continue reading
Tag Archives: South Korea
Portugal’s Guterres sworn in as next U.N. secretary-general
Antonio Guterres of Portugal is sworn in as the next Secretary-General of the United Nations, pledging U.N. reform when he takes over the position on January 1, 2017.
Trump targets Lockheed Martin’s F-35 fighter jet costs
Trump tweets Lockheed Martin’s F-35 fighter jet costs are too high. Lockheed stock drops in early trading.
After impeachment of South Korean president, anti-Park rallies resume
South Korean protesters mount a massive candlelight rally after the impeachment of South Korean President Park Geun-hye over an influence-peddling scandal and urge the constitutional court to approve the impeachment.
Trump’s announcement to sink Asia trade pact will hurt U.S.’s reputation, analysts say
Analysts say Trump’s announcement the U.S. will withdraw from the TPP (Trans Pacific Partnership) will hurt America’s ability to negotiate trade deals in the future, might impact US companies across different sectors.
New era for Global trade gets underway at APEC
The Asia-Pacific Economic Cooperation Summit in Lima from November 19-20 will take place just two weeks after the election of Donald Trump affirming his protectionist trade policies, and killing off any chance for a U.S. pivot to Asia through TPP. One expert says the result will be a heightened profile for Asia in Latin America.
South Korea prosecutors raid Samsung Electronics over political scandal
File footage of Samsung Electronics building as South Korean prosecutors raid Samsung Electronics’ offices over political scandal.
Samsung Electronics says to halt Galaxy Note 7 sales on battery problem
Tech giant Samsung Electronics says it will halt the sales of its Galaxy Note 7 smartphones and will prepare replacement devices for phones already sold after finding problems with the battery cell used.
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Samsung patent describes smartwatch that could project its interface onto nearby surfaces
A recently discovered Samsung patent shows a smartwatch that can project its interface onto any nearby surface, addressing a key limitation of the smartwatch screen.
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Swiss watchmakers change tack to embrace smartwatches
Swiss watchmakers, who once dismissed smartwatches as short-lived gadgets, are now racing to grab a share of a fast-growing market