[News Space=Reporter seungwon lee] The Supreme Court Sentencing Commission has significantly strengthened sentencing guidelines for securities crimes such as the use of undisclosed important information and price manipulation, recommending up to life imprisonment depending on the amount of criminal gain. This measure reflects public opinion demanding stricter punishment for the recent increase in organized and large-scale unfair trade crimes that undermine the fairness of the capital market. The court gradually increased sentences for crimes with criminal profits exceeding 5 billion won. Speci
[News Space=Reporter seungwon lee] Recently, the internal loan system operated by domestic large corporations and public institutions is rapidly emerging as a 'way to circumvent real estate regulations.' As regulations on household loans at commercial banks tighten, leading companies like Samsung, Hyundai Motor, Naver, Kakao, SK Hynix, and Dunamu are significantly raising and lowering in-house loan limits and interest rates as employee benefits. Dunamu, in particular, recently raised its in-house loan limit from 300 million won to 500 million won and operated it at a near-zero interest rate, d
[News Space=Reporter seungwon lee] On November 10, 2025, at the Hanla Encom quarry located in Haemi-myeon, Seosan, South Chungcheong Province, a worker A in his 60s from a subcontractor was hit by a falling rock while clearing rubble with an excavator after blasting the quarry. He was seriously injured and taken to the hospital in a state of cardiac arrest, but died the following evening on the 11th. Police and labor authorities are thoroughly investigating whether this fatal accident was caused by occupational negligence resulting in death and whether it violated the Serious Accident Punishme
[News Space=Reporter seungwon lee] President Lee Jae-myung strongly criticized shrinkflation, or "tricky price increases"—reducing product volume while maintaining prices—during a Cabinet meeting on the 11th, raising concerns in the chicken industry. Kyochon Chicken, in particular, was cited as a prime example, causing widespread repercussions in the domestic restaurant industry. Kyochon Chicken faced criticism for deceiving consumers in September of this year when it drastically reduced the weight of some boneless chicken items from 700g to 500g, while maintaining the same price. The company'
[News Space=Reporter seungwon lee] Recently, Kyochon Chicken has faced growing controversy over its pricing policies that have repeatedly betrayed consumer trust. First, on September 11, Kyochon Chicken reduced the precooked weight of its boneless chicken menu from 700g to 500g, a 28.6% cut, and changed its ingredients from using only chicken thigh meat to a mix including chicken breast. This sparked a ‘shrinkflation’ (reducing quantity while raising prices) controversy. These reductions and ingredient changes were made without prior notice to consumers and drew criticism over fears of qual
[News Space=Reporter Jeongyoung Kim] South Korean police have launched a forcible investigation into Hanwha Solutions, led by Executive Vice Chairman and CEO Dong-Kwan Kim, over allegations that its subsidiary, Hanwha NxMD, expropriated proprietary thermal management technology from a local venture. According to industry officials and sources familiar with the matter, law enforcement executed search and seizure operations at Hanwha Solutions, Hanwha NxMD, and related partners, with plans to summon senior executives for questioning. The complaint was filed by CGI, a Chungnam-based start-up spec
[News Space=Reporter seungwon lee] The fire that occurred on September 26 at the National Information Resources Service (NIRS) in Daejeon was confirmed by a joint investigation by the police, fire authorities, and the Ministry of the Interior and Safety to have originated from a lithium-ion battery used in the uninterruptible power supply (UPS). The battery responsible for the fire was supplied to NIRS in August 2013 and manufactured by LG Energy Solution. At the time, the UPS battery cells produced by LG Energy Solution between 2012 and 2013 were equipped with a battery management system (BMS
[News Space=Reporter seungwon lee] Chung Chang-chul (28), eldest son of Hyundai Motor Group Chairman Chung Euisun, has joined the group's Japan subsidiary, Hyundai Mobility Japan (HMJ), as a regular employee, marking the beginning of his formal "management training." Within industry circles, while the succession plan is becoming clearer, concerns are rising about whether he can overcome controversies, including a past drunk driving incident, and effectively lead in the Korean and Japanese markets. Joining HMJ in early 2025, Chung Chang-chul works in the product planning department at the Yokoh
[News Space=Reporter seungwon lee] SEOUL — South Korea’s Youngone Corporation has once again secured the top spot in workplace diversity among consumer-sector companies, earning the 2025 WIN Award at a ceremony in Seoul on September 9. The award, presented during the 8th Annual WIN Forum at the EL Tower in Yangjae-dong, recognizes Youngone’s commitment to inclusive leadership and gender balance at the highest levels of corporate management. The accolade is conferred by Women in Innovation (WIN), a nonprofit association led by executive women across industries. Each year, WIN evaluates the coun
[News Space=Reporter seungwon lee] The Supreme Court has finalized its ruling ordering Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering) to pay 44.18779 billion won in damages to investors, including the National Pension Service, for fraudulent accounting. This ruling is the first Supreme Court decision among 23 investor lawsuits totaling 165.1 billion won filed in connection with the Daewoo Shipbuilding & Marine Engineering accounting fraud scandal, and is expected to have a significant impact on similar lawsuits currently underway. The Supreme Court upholds the origina
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UPDATE: 2025년 11월 16일 05시 34분
