
A former SK Group official was indicted Monday on charges of conspiring with the jailed chairman of the country\'s third largest conglomerate in a massive embezzlement case, prosecutors said. SK Group Chairman Chey Tae-won is convicted of embezzling nearly 50 billion won (US$45 million) from the group\'s two affiliates and funneling the funds to make personal investments in stock futures and options in 2008.
GMT 09:47 2018 Tuesday ,23 January
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Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

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