World Ch. Schedule : MON to FRI 16:00 KST
* Date : 2017-02-17
Business Daily Ep.486
Samsung chief arrested
The de-facto head of Korea's largest conglomerate is now in police custody. For the first time ever, prosecutors were successful in arresting Samsung chief Lee Jae-yong, against whom they lobbed fresh charges in addition to bribery, embezzlement and perjury. We examine what this could mean for the tech giant as well as the corruption investigation at-large.
Global Business News
What in the world this week?
The future of Toshiba looks to be on shaky ground as it announced a multi-million dollar write-down of its nuclear business and the resignation of its chairman. The tech giant's desperate scramble to survive was underlined by its willingness to sell large parts of its crown jewel - its memory chip business - to stay afloat. We take a closer look.