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Exports prop up Japan fourth quarter GDP growth, U.S. protectionist risks loom

February 13, 2017 by · Leave a Comment 

Japan's economy grew for a fourth straight quarter in the final three months of last year as a weaker yen supported exports, but tepid private consumption and the risks of rising U.S. protectionism cast doubts over a sustainable recovery. Japan's export-driven growth over the quarter

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Exports prop up Japan fourth quarter GDP growth, U.S. protectionist risks loom

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Samsung chief appears for second round of questions in graft probe

February 13, 2017 by · Leave a Comment 

By Se Young Lee and Ju-min Park SEOUL (Reuters) – Samsung Group leader Jay Y. Lee appeared at the South Korean special prosecutor's office for questioning on Monday as part of a wider investigation into an influence-peddling scandal that could topple President Park Geun-hye. The special prosecutor has focused on South Korea's biggest conglomerate, accusing Lee in his capacity as Samsung chief of pledging…

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Samsung chief appears for second round of questions in graft probe

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Samsung chief questioned behind closed doors in arrest warrant hearing

January 18, 2017 by · Leave a Comment 

A South Korean judge questioned Samsung Group leader Jay Y. Lee behind closed doors on Wednesday to decide whether he should be arrested over his alleged role in a corruption scandal that led parliament to impeach President Park Geun-hye. Lee, 48, in dark overcoat and purple necktie, did …

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Samsung chief questioned behind closed doors in arrest warrant hearing

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Allianz’s El-Erian says strong U.S. dollar biggest risk in 2017

January 16, 2017 by · Leave a Comment 

Global growth could be better than expected in 2017, though many uncertainties remain that could impact expansion, with the biggest of them being steep gains in the U.S. currency, Allianz's Mohamed A. El-Erian said on Monday. The outlook for the global economy in 2017 will be similar to that for 2016, but with an upside risk, with the world expanding below 3 percent and the U.S. economy outperforming that…

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Allianz’s El-Erian says strong U.S. dollar biggest risk in 2017

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South Korea prosecutor seeks arrest of Samsung chief for bribery

January 16, 2017 by · Leave a Comment 

By Ju-min Park and Se Young Lee SEOUL (Reuters) – South Korea's special prosecutor on Monday sought a warrant to arrest the head of Samsung Group [SAGR.UL], the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye. Investigators had grilled Samsung Group chief Jay Y. Lee for 22 straight hours last week as a suspect in a corruption scandal, which last month …

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South Korea prosecutor seeks arrest of Samsung chief for bribery

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South Korea prosecutors question heads of conglomerates in probe over political scandal: Yonhap

November 13, 2016 by · Leave a Comment 

South Korean prosecutors have questioned the heads of some large conglomerates, including the chairman of Hyundai Motor , and plan to question the de factor head of Samsung Group and others in a probe into a political scandal involving President Park Geun-hye, media reports said on Sunday. A Hyundai Motor spokesman declined…

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South Korea prosecutors question heads of conglomerates in probe over political scandal: Yonhap