Jay Y Lee has been found guilty of bribery and embezzlement in connection with the corruption scandal that brought down the former president, Park Geun-Hye, who was jailed in 2017.
Credit: Al Jazeera STUDIO Duration: 02:00Published
A South Korean court sentenced Samsung Electronics vice chairman Jay Y. Lee to two and a half years in prison on Monday. The case will have major ramifications for Lee's leadership of the tech giant as well as Korea's views toward big business. Flora Bradley-Watson reports.
Samsung Electronics says fourth quarter profits probably jumped by more than a quarter as consumers stuck at home spent on new screens and other gadgets. Julian Satterthwaite reports.
At six in the morning, Heo Kwang-eum tees off another day in Thailand in hotel quarantine - literally. He's one of dozens of South Korean visitors spending two weeks in isolation playing golf at a resort an hour north of Bangkok. Megan Revell reports.
New video obtained by a South Korean broadcaster offers a glimpse of a daring defection by a North Korean man who last week swam, crawled through a tunnel, and wandered around the heavily guarded border zone for hours before being noticed.
Equity benchmark indices drifted lower during early hours on Monday amid concerns over rising inflation and bond yields. At 10:15 am, the BSE SandP Sensex was down by 417 points or 0.82per cent at 50,472 while the Nifty 50 edged lower by 99 points or 0.66 per cent to 14,883. Among stocks, Mahindra and Mahindra lost by 2.4 per cent to Rs 858.05 per share while Maruti Suzuki skidded by 1.4 per cent. Eicher Motors was down by 1.3 per cent to Rs 2,550.50 per share. The other major losers were Larsen and Toubro, HDFC, Axis Bank, IndusInd Bank, HCL Technologies and Tata Consultancy Services. However, metal stocks gained substantially with Hindalco up by 4.5 per cent, Tata Steel by 3.3 per cent and JSW Steel by 3.2 per cent. Besides, HDFC Bank, Adani Ports, ONGC and Asian Paints traded higher. Meanwhile, Asian share markets inched up as expectations for faster economic growth and inflation globally boosted commodities. MSCI's broadest index of Asia Pacific shares outside Japan added 0.2 per cent. Japan's Nikkei recouped by 1 per cent and South Korea by 0.4 per cent.
Back in December 2020, Canada’s coronavirus vaccination campaign looked promising as first doses were administered. But two months later supplies are down to a trickle and some of the country’s elderly population is concerned. CNN’s Paula Hancocks reports on what’s gone wrong.
Protests and civil disobedience campaigns continued in towns and cities across Myanmar as the country’s military continues to crack down on demonstrators and opposition leaders. The military has also sought to limit access to the internet and news services and proposed a new cyber security law that observers fear could further limit the flow of information. CNN’s Paula Hancocks reports.
Large protests against the military coup continue in major cities across Myanmar despite the restrictions on public gatherings and curfew instituted by the government. CNN’s Paula Hancocks reports.
Thousands of protesters took to the streets of Yangon, Myanmar’s largest city, for another day of major organized demonstrations against the military’s seizure of power. CNN’s Paula Hancocks reports.
Ryu Hyeon-woo had been part of the North Korean elite until his defection in 2019. Speaking exclusively with CNN’s Paula Hancocks, Ryu opens up about the decision to flee the totalitarian state and the North Korea nuclear issue.
The leadership at massive tech giant Samsung has been plunged into uncertainty.
CNN reports Samsung's vice chairman Lee Jae-yong is going back to prison once again, after being found guilty of..
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