Hanbo Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jan. 31 1951 -- The United Nations calls China an "invader" after the People&a...

By Kang Hyun-kyung Joung Jin-gu, 69, the founder of a startup called Dream Air that produces respiratory equipment and face masks, has a go-to person he turns to for advice whenever he faces key decisions. The man Joung relies on for counseling is a geomancer who tells his clients about their fortunes and future based on four pillars ― the hour, day, month and year of one's birth. For the past several decades, Joung has been reaching out to the geomancer for advice whenever he has to hire people to fill key positions in his company or come up with ideas about new business ventures in which...

ABCDEFG SEOUL, Jan. 22 (Yonhap) -- An appellate court on Friday upheld a lower court's seven-year prison sentence for a son of Chung Tae-soo, the late founder of the now-defunct Hanbo Group, who was convicted of embezzlement and other crimes last year after 21 years on the run abroad. The Seoul High Court also ordered Chung Han-keun, the fourth son of the late Hanbo founder, to forfeit 40.13 billion won (US$32.6 million) after finding him guilty of embezzlement, illicit capital flight and violating the foreign exchange law. The junior Chung received the same sentence from the Seoul Central...