Lee Jae-yong — known as Jay Y. Lee in the West — the de facto leader and heir to the Samsung Group conglomerate, has been ordered back to prison for two years and six months on bribery charges.
Filed under: Ruling leaves a two-and-a-half year vacuum at the top Jay Y. Lee arrives at the Seoul High CourtRead More

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Local shares fell on Friday as investors make last-minute adjustments to their portfolios ahead of the main index’s rebalancing, while unease over rising infections grows.