August 27, 2024

Employee indicted for embezzling 8.1 bln won in company funds

The head of a company’s financial department has been indicted after he was arrested while trying to buy a luxury item just three hours after stealing 8.1 billion won (US$6 million) in company funds.

The suspect, surnamed Kim in his 30s, who worked …

PM says deepfake porn crimes should be tackled like drugs

Prime Minister Han Duck-soo said Tuesday that crimes involving deepfake pornographic material should be tackled to the same degree as drug crimes.

Han made the remark during a meeting with reporters following the discovery of numerous chat rooms sus…

Navy’s sea rescue unit launches training in waters off Geoje

The Navy’s Sea Salvage and Rescue Unit (SSU) began three-day training Tuesday to bolster readiness for underwater rescue operations in the event of potential provocations, officials said.

Some 250 troops joined the training led by the special unit, …

(LEAD) Shareholders approve SK Innovation-SK E&S merger

Shareholders of SK Innovation Co. and its energy affiliate SK E and S Co. on Tuesday approved a proposed merger of the two companies that would create an energy giant in South Korea.

SK Innovation said 85.75 percent of its shareholders, who attended…