London Korean Links

Covering things Korean in London and beyond since 2006

A look back at 2011 – part 3

In the final part of our look back at 2011, we summarise some of the news stories which caught our eye. China This year the region’s biggest economy continued flexing its muscles: it conducted the first test flight of its new stealth fighter, announced that it had deployed stealth missile speedboats in the East China … [Read More]

A last look back at 2010

We’ve digested the albums, films, sporting events and books of the year, and reviewed some of the memorable stories of 2010 in our Quiz of the Year. Here are some of the other things we noted in 2010 which didn’t quite make it into any of those articles. 2010: a year of anniversaries It was … [Read More]

KEB blow by blow

Reports of HSBC’s renewed interest in KEB have given me the impetus to resurrect a post which has been work-in-progress for a while. I’ve been periodically trying to google back in time to reconstruct the whole KEB saga, and yesterday’s FT coverage gave a very useful framework on which to build. So here is another … [Read More]

KEB: the raids continue

In a seemingly never-ending quest to blame someone for the profits that Lone Star made out of their KEB investment, the prosecutors recently knocked on the doors of Citibank’s Seoul office and impounded paperwork and PCs. The BBC reports (17 October): The investigation follows claims that KEB’s financial ill-health had been exaggerated so as to … [Read More]

Saying Sorry with cash

I haven’t been following the Hyundai Slush Fund story, but Hyundai hopes to have drawn a line under it with a $1bn charitable donation. Samsung apparently adopted a similar approach to the tune of $840mn last year. Lone Star, meanwhile, is making a $100mn donation as a goodwill gesture in relation to its KEB purchase … [Read More]