Korea
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Former South Korean president Lee Myung-bak was sentenced Wednesday to 17 years in jail over a set of corruption charges, including bribery and embezzlement in connection with his brother’s auto parts company DAS. At the second hearing, the Seoul Central District Court sentenced Lee, who served as the country’s head of state from early 2008…
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A widening boycott of Japanese products has started to bite. According to the Financial Supervisory Service on Thursday, credit card transactions through KB, Lotte, Samsung and other major financial companies at Japanese retailers like ABC Mart, Uniqlo, Muji and DHC in Korea halved from W10.2 billion in late June to W5 billion in late July…
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