
The financial regulator Wednesday reported the head of South Korea's major conglomerate Tong Yang Group to the prosecution on charges of unfair trading that led to huge losses for retail investors following the firm's liquidity crunch last year. The Financial Services Commission (FSC) brought the charges against Hyun Jae-hyun, the chairman of Tong Yang Group, whom it has accused of selling debts in a bid to secure funds even though he knew the company was collapsing as it was unable to make any repayments for maturing debts.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

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