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Seoul stocks dip over 2 pct on Samsung, bio stocks

SEOUL, Jan. 18 (Yonhap) — South Korean stocks tumbled more than 2 percent Monday amid strong profit-taking sell-offs and a plunge in Samsung affiliates. The Korean won fell against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) dipped 71.97 points, or 2.33 percent, to close at 3,013.93 points. […]

Samsung heir Lee receives 2 1/2 years in prison for bribery, returns to prison

SEOUL, Jan. 18 (Yonhap) — A Seoul court on Monday sentenced Samsung heir Lee Jae-yong to 2 1/2 years in prison in a retrial of a bribery case involving former President Park Geun-hye and ordered him returned to prison. The Seoul High Court gave Lee, vice chairman of Samsung Electronics Co., […]

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