South Korean stock trading offered a case in point Friday, with a selloff in hotels, cosmetic makers and other tourism-related companies that made the country’s benchmark the worst performer among Asian equity markets. The slide followed a Yonhap news agency report on China ordering travel agents to halt sales of holiday packages to South Korea.
Category: South Korea Travel
Special Prosecutors Question Samsung’s Lee in Bribery Probe
Special prosecutors began questioning Samsung Electronics Co. Vice Chairman Jay Y. Lee on Thursday as a suspect in a bribery investigation, deepening an influence-peddling scandal that has already led to the impeachment of South Korea’s president.