Your Daily Scan of the New Global Economy


Hyundai Motor heir gets rid of Elliott risk  Hyundai Motor heir gets rid of Elliott riskBy Shin Ji-hyeThe road to Hyundai Motor Group Executive Vice Chairman Chung Euisun reigning over the nation’s largest automobile giant is predicted to be less bumpy as activist hedge fund Elliott Posted: January 23, 2020 3:08 am
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Firms scurry to scout outside directors with new regulation Following a recent change in regulations limiting tenures of outside directors, South Korea companies are scurrying to scout new members ahead of their general shareholders meetings in March.Citing a need to reinforce shareholders’ rights and i Posted: January 23, 2020 3:04 am
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[News Focus] What will happen at Hanjin KAL’s March shareholders meeting? Signs of a sibling feud have been hard to ignore recently at Hanjin KAL, the Hanjin Group holding company that owns the country’s flagship carrier Korean Air, ahead of a Hanjin KAL shareholders meeting slated for March.With tension brewing over Posted: January 23, 2020...
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LS Group scion steps down to ‘hone more biz skills’ Yesco Holdings CEO Koo Bon-hyuk, 42, voluntarily stepped down from his role 10 days after his appointment, citing a lack of experience, the company announced Wednesday.Koo is the third-generation scion of the Koo-family who founded and own LS Group, Posted: January 23, 2020 12:49 am
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Samsung's new foldable phone may be priced under 2m won: sources Samsung Electronics Co.’s new foldable smartphone to be unveiled next month may be priced under 2 million won ($1,710), industry sources said Thursday, as the South Korean tech giant eyes attracting more consumers over its global rivals.Samsung’s cla Posted: January 23, 2020 12:02 am
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