The billionaire Samsung Electronics Vice Chairman and heir, Lee Jae-yong, was sentenced to five years in prison for paying bribes worth 8.9 billion won ($7.9 million) to a friend of then-president Park Geun-hye to win her support for the merger of two Samsung affiliates. The sentence marks a “watershed moment” for the country’s decades-long economic order dominated by powerful, family-run conglomerates.
U.S. President Donald Trump on Tuesday warned North Korea it would be met with “fire and fury” if it threatens the United States.
North Korea said on Wednesday it is “carefully examining” a plan to strike the U.S. Pacific territory of Guam with missiles.
Resignation after Sharif became mired in Panama Papers corruption
Strong rhetoric comes after Chinese troop movements caused renewed border disputes
California has seen an increase in Chinese financial support for politicians, a takeover of anti-Beijing crime groups and growing diplomatic ties between the West Coast and China
The Japanese underworld is planning to branch out and provide bodyguards and security personnel for legitimate businesses in Southeast Asia, Japan’s Flash Magazine reported citing the leader of a yakuza group
Wang Jianlin’s drive to buy Hollywood real estate raises concerns about propaganda after increase in hostile rhetoric, involvement in corruption scandal