Chaebol
A chaebol is a type of Korean conglomerate, similar to the prewar zaibatsu of Japan, which has multiplied in the Republic of Korea (South Korea) since the 1960s. A chaebol may be defined as &#...
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SEOUL, Dec 10 (Reuters) - There are three things South
Koreans cannot avoid: death, taxes and Samsung. The Samsung Group, the country's largest conglomerate, runs
hospitals where Koreans are born,...
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Lee Kun-hee, chairman of Samsung Electronics, has been no stranger to scandal as head of South Korea's largest company and the huge conglomerate it anchors.And he has emerged each time, even from a...
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SEOUL, Nov 23 (Reuters) - South Korea's parliament voted on
Friday to allow an independent counsel investigate the Samsung
Group after a former top legal executive accused the country's
largest co...
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SEOUL, Nov 5 (Reuters) - A former Samsung Group legal
executive went on live television on Monday to accuse South
Korea's biggest conglomerate of operating huge slush funds to
bribe prosecutors an...
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SEOUL, Nov 12 (Reuters) - A former Samsung legal insider
has named prosecutors that he said received bribes from South
Korea's largest conglomerate in return for squashing
investigations, a Cathol...
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The Global Economy: Ten years ago, Asia's Miracle became Asia's Meltdown, a financial debacle so crushing that many feared the region wouldn't recover. But it did, by freeing its markets. It remain...
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ANDONG, South Korea , Dec 14 (Reuters) - Looking like South
Korea's president-in-waiting, Lee Myung-bak makes a pledge or
two on local improvements but as he campaigns across the
country, his main...
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Special prosecutors raided the headquarters of Samsung Group on Tuesday in a widening probe into allegations that the massive conglomerate set up a slush fund to bribe influential figures.The raid,...
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Seoul (dpa) - The Asian financial crisis in 1997-98 marked an
important watershed for South Korea's economy, as the government was
forced to accelerate the restructuring of ...
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South Koreans take great pride in Samsung, known worldwide for sleek flat-screen TVs, high-tech mobile phones, hulking container ships and mega-construction projects.But a spreading bribery scandal...
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Chaebol
FEATURE-Korea's Samsung stirs controversy over corruption claims
