SEOUL -- South Korea on Wednesday named six conglomerates it plans to target under a new corporate law, including Samsung and Hyundai, as part of its push to rein in the country's powerful family-owned business empires.
Companies
South Korea targets Samsung and others under tougher corporate law
Regulator says six conglomerates will have to meet new rules for financial groups
Business groups deemed “financial conglomerates” face greater scrutiny under South Korea’s new corporate law. (Source photos by AP, Reuters and screenshot from Mirae Asset, DB and Kyobo website)
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