July 24, 2024

Bail denied for SPC chairman under trial for anti-labor charges

A Seoul court on Wednesday denied a bail request by Hur Young-in, the chairman of the bakery giant SPC Group, who is currently standing trial in detention on charges of coercing bakers to quit their labor union.

The 74-year-old bakery mogul was arre…

Doosan Bobcat Q2 net income down 48.7 pct to 157.9 bln won

Doosan Bobcat Inc. on Wednesday reported its second-quarter net income of 157.9 billion won (US$114.1 million), down 48.7 percent from a year earlier.

The company said in a regulatory filing that it posted 239.5 billion won in operating profit for t…

ADOR CEO Min files complaint against Hybe over internal audit

Min Hee-jin, the head of K-pop agency ADOR behind girl group NewJeans, has filed a complaint against Hybe’s current head and other executives for defamation and business obstruction connected to an audit conducted on the sub-label, her representative…

(2nd LD) Rival parties still at odds over special probe bills

The main opposition Democratic Party (DP) on Wednesday urged newly elected ruling People Power Party (PPP) leader Han Dong-hoon to show his commitment to listen more to the public by endorsing a special counsel probe into the military’s response to a…