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/ 23 April 2008

Olympic protest movement turns sights on to sponsors

The linked rings on every Chinese Coke bottle and the leaping athletes on each McDonald’s paper bag testify to the power the world’s biggest corporations believe this summer’s Olympics wields. But having spent huge sums, the companies sponsoring the Games are about to find themselves the targets of a new war on China’s human rights record.

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/ 22 April 2008

Samsung chief steps down after indictment

South Korea’s most powerful businessman announced on Tuesday he is stepping down after 20 years at the helm of the Samsung group, following his indictment for tax evasion and breach of trust. A sombre Lee Kun-hee made the shock announcement at a press conference called to announce reforms to the scandal-tainted group.

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/ 7 December 2007

Tanker leaks oil after hit off South Korea coast

A large oil tanker was gushing thousands of tonnes of oil off South Korea’s west coast after being hit a barge, South Korea’s maritime ministry said on Friday. The Hong Kong-registered Hebei Spirit was struck while at anchor off Daesan port in the Taean region and the ministry said it had already leaked about 10 800 tonnes of crude oil into the sea.

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/ 11 October 2007

Sun, Samsung to compete with iPhone

Sun Microsystems and Samsung are jointly developing a cellphone to challenge Apple Inc.’s iPhone, a South Korean newspaper reported on Wednesday, quoting Sun chairperson Scott McNealy. McNealy said on Tuesday in Seoul that the companies are working on a ”Java phone” that would surpass Apple’s iPhone in functionality.