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Tongyang Securities
The Tongyang Group, also spelled Tong Yang Group, is a South Korean conglomerate founded in 1957 by Lee Yang-gu, a confectionery businessman who had decided to expand into the cement industry. Over the following decades it expanded to include holdings as diverse as financial services companies and a basketball team. As of September 2013, it was the country's 38th-largest conglomerate, but that month it defaulted on its debt due to cash flow issues, and looked to sell off key subsidiaries to raise funds. In January 2014, group chairman Hyun Jae-hyun and three other senior executives were arrested on charges including fraud and malpractice in issuance and sales of financial products. History The Tongyang Group was founded in 1957 as a cement manufacturer by Lee Yang-gu. Lee had previously used the Tongyang name in his Tongyang Confectionery Manufacturing Company, which he started after coming from his native South Hamgyong Province (in what is today North Korea) to Seoul in 1947. H ...
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Hyun Jae-hyun
Hyun Jae-Hyun (born February 12, 1949) is chairman of Tongyang Group, a South Korean conglomerate founded in 1957 as a cement manufacturer. Career Starting in the mid-1980s, Hyun began diversifying the Tongyang Group's business structure, and by 1989, he re-introduced Tongyang into the business community as a finance-based service provider. Today, in addition to being the second largest cement manufacturer in Korea, Tongyang offers a comprehensive range of financial services that include securities brokerage, investment banking, asset management and life insurance. He was arrested on January 14, 2014 on suspicions of fraudulent sales of corporate bonds and commercial papers. In 2014 he was jailed for 12 years for fraud. Personal life and other activities In 1993, Hyun became the president of the Korean Baduk Association, a South Korean non-profit which aims to promote the game Go (game), Go (known as ''baduk'' in Korean). He lives in Seoul with his wife and four children. Refer ...
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Cambodia
Cambodia, officially the Kingdom of Cambodia, is a country in Southeast Asia on the Mainland Southeast Asia, Indochinese Peninsula. It is bordered by Thailand to the northwest, Laos to the north, and Vietnam to the east, and has a coastline along the Gulf of Thailand in the southwest. It spans an area of , dominated by a low-lying plain and the confluence of the Mekong river and Tonlé Sap, Southeast Asia's largest lake. It is dominated by a tropical climate and is rich in biodiversity. Cambodia has a population of about 17 million people, the majority of which are ethnically Khmer people, Khmer. Its capital and most populous city is Phnom Penh, followed by Siem Reap and Battambang. In 802 AD, Jayavarman II declared himself king, uniting the warring Khmer princes of Chenla Kingdom, Chenla under the name "Kambuja".Chandler, David P. (1992) ''History of Cambodia''. Boulder, CO: Westview Press, . This marked the beginning of the Khmer Empire. The Indianised kingdom facilitated ...
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Korea Economic Daily
''The Korea Economic Daily'' (), nicknamed ''Hankyung'' (), is a conservative and business daily newspaper in South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and t .... It is the largest business newspaper by revenue in South Korea. It was founded on October 12, 1964, as the ''Daily Economic Newspaper'' and took its current name in 1980. References External linksOfficial websiteOfficial ''Hankyung'' website
Business newspapers Conservative media in South Korea
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Korea Development Bank
Korea Development Bank (KDB Bank) is a South Korean state-owned development bank which aims to encourage the industrial development of South Korea. It was founded in 1954 in accordance with The Korea Development Bank Act to finance and manage major industrial projects to expedite industrial development of Korea. , it was the 61st biggest global bank according to The Bankers top 1000 World Bank List. KDB Bank has not only fostered the growth of strategic industries but also facilitates the turnaround of troubled companies through restructuring and providing capital for strategic development projects. Since 2000, it has diversified into investment banking services and operates as a Commercial and Investment Bank. Nevertheless, it is a major restructuring player and has saved many big companies during major financial crisis, especially in the 1997 Asian financial crisis and the 2008 financial crisis. History KDB Bank was founded in 1954 to supply and manage major industrial c ...
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Sampyo
Sampyo Group is a South Korean manufacturer of construction materials, established in 1966. Headquartered in Seoul, it has an annual turnover of $3.0 billion. Its products include ready-mix concrete, construction aggregate, and fly ash Coal combustion products (CCPs), also called coal combustion wastes (CCWs) or coal combustion residuals (CCRs), are byproducts of burning coal. They are categorized in four groups, each based on physical and chemical forms derived from coal combust .... In 1980, Sampyo Group extended its line of business to railway track and bridge construction by establishing Sampyo Engineering & Construction. Sampyo Group also is involved in other line of industries such as mining, environmental services and logistics. Sampyo Group now has more than 20 subsidiary companies and plants in South Korea. Group companies *Sampyo Corporation *Sampyo Industry *NRC *Sampyo Precast Concrete & Construction *Sampyo Railway *Pentrack * Sampyo Cement *Sampyo Resources Devel ...
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The Korea Times
''The Korea Times'' () is a daily English-language newspaper in South Korea. It is a sister paper of the ''Hankook Ilbo'', a major Korean language, Korean-language daily. It is the oldest active daily English-language newspaper in South Korea. Since the late 1950s, it had been published by the Hankook Ilbo Media Group, but following an embezzlement scandal in 2013–2014 it was sold to Dongwha Group in 2015. The president-publisher of ''The Korea Times'' is Oh Young-jin. Description The newspaper's headquarters is located in the same building with ''Hankook Ilbo'' on Sejong-daero between Sungnyemun and Seoul Station in Seoul, South Korea. The paper is not to be confused with ''The Korea Daily News'', a 1904 to 1910 newspaper which briefly ran under the title ''Korea Times''. It is also unrelated to another paper by Lee Myo-muk, Ha Kyong-tok and Kim Yong-ui in September 1945. History ''The Korea Times'' was founded by Helen Kim five months into the 1950-53 Korean War. The ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share capital, stock of other companies to create a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding Share capital, stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' uses the term ''parent holding company''. Holding companies can be subsidiaries in a Subsidiary#Tiered subsidiaries, tiered structure. Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes ...
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United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ...
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Colombia
Colombia, officially the Republic of Colombia, is a country primarily located in South America with Insular region of Colombia, insular regions in North America. The Colombian mainland is bordered by the Caribbean Sea to the north, Venezuela to the east and northeast, Brazil to the southeast, Peru and Ecuador to the south and southwest, the Pacific Ocean to the west, and Panama to the northwest. Colombia is divided into 32 Departments of Colombia, departments. The Capital District of Bogotá is also the List of cities in Colombia by population, country's largest city hosting the main financial and cultural hub. Other major urban areas include Medellín, Cali, Barranquilla, Cartagena, Colombia, Cartagena, Santa Marta, Cúcuta, Ibagué, Villavicencio and Bucaramanga. It covers an area of 1,141,748 square kilometers (440,831 sq mi) and has a population of around 52 million. Its rich cultural heritage—including language, religion, cuisine, and art—reflects its history as a co ...
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Argentina
Argentina, officially the Argentine Republic, is a country in the southern half of South America. It covers an area of , making it the List of South American countries by area, second-largest country in South America after Brazil, the fourth-largest country in the Americas, and the List of countries and dependencies by area, eighth-largest country in the world. Argentina shares the bulk of the Southern Cone with Chile to the west, and is also bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake Passage to the south. Argentina is a Federation, federal state subdivided into twenty-three Provinces of Argentina, provinces, and one autonomous city, which is the federal capital and List of cities in Argentina by population, largest city of the nation, Buenos Aires. The provinces and the capital have their own constitutions, but exist under a Federalism, federal system. Argentina claims sovereignty ov ...
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Vietnam
Vietnam, officially the Socialist Republic of Vietnam (SRV), is a country at the eastern edge of mainland Southeast Asia, with an area of about and a population of over 100 million, making it the world's List of countries and dependencies by population, fifteenth-most populous country. One of two communist states in Southeast Asia, Vietnam shares land borders with China to the north, and Laos and Cambodia to the west. It shares Maritime boundary, maritime borders with Thailand through the Gulf of Thailand, and the Philippines, Indonesia, and Malaysia through the South China Sea. Its capital is Hanoi and its largest city is Ho Chi Minh City. Vietnam was inhabited by the Paleolithic age, with states established in the first millennium BC on the Red River Delta in modern-day northern Vietnam. Before the Han dynasty's invasion, Vietnam was marked by a vibrant mix of religion, culture, and social norms. The Han dynasty annexed Northern and Central Vietnam, which were subs ...
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