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South Korea fund to abstain from Samsung merger vote, wants share buybacks

2014-10-25 09:55:16| Semiconductors - Topix.net

South Korea's National Pension Service does not support the merger of two Samsung Group units and plans to ask them to buy back its holdings in the pair, an NPS spokeswoman said on Saturday. NPS, the world's fourth-largest pension fund, currently owns 5.9 percent of each of the two Samsung units, the spokeswoman said.

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South Korea fund to abstain from Samsung merger vote, wants share buybacks

2014-10-25 09:33:11| Electronics - Topix.net

South Korea's National Pension Service does not support the merger of two Samsung Group units and plans to ask them to buy back its holdings in the pair, an NPS spokeswoman said on Saturday. NPS, the world's fourth-largest pension fund, currently owns 5.9 percent of each of the two Samsung units, the spokeswoman said.

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South Korea court ruling could trigger lawsuits against nuclear power plants

2014-10-23 01:00:00| Power Technology

A court in South Korea has ruled in favor of a plaintiff, who claimed that there is a connection between radiation emitted by a nuclear power plant and cancer. This ruling could lead to similar lawsuits in a country, which depends on nuclear power fo

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US and South Korea navies start Exercise Clear Horizon 2014

2014-10-22 01:00:00| Naval Technology

Maritime forces from the US and South Korean navies have commenced the annual bilateral Exercise Clear Horizon off the south of the Korean peninsula.

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Pernod Ricard dismisses reports of South Korea tax fine

2014-10-14 13:39:00| Daily beverage news and comment - from just-drinks.com

Pernod Ricard has denied it has been fined by South Korea's tax authorities, but has conceded that it paid a tax adjustment following an audit.

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