KT Corp CEO offers resignation after raid

KT Corp said the mobile operator's CEO Lee Suk Chae offered to resign from his post after a raid was conducted on the firm's headquarters and his home.


Qunar.com and 58.com IPO values oversubscribed

With two mainland China IPOs oversubscribed, consumer confidence indicates greater trust in new IPO shares.

Woori share values fall again

Woori Finance Holdings Co.'s share values fell by nearly 3% to KRW12,000 per share. The share values of Woori Finance Holdings dropped to its lowest levels in nearly a month.

SAC Capital Advisors to give guilty plea, pay USD 1.8 billion fine for securities fraud- report

A CNBC report said that SAC Capital Advisors would plead guilty to securities fraud charges and pay a fine of USD 1.8 billion.


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Lululemon answered new round of complaints about the quality of its yoga pants. Just a few months after Lululemon faced complaints about the sheerness of its yoga pants, the clothing company is again facing a new wave of complaints regarding the quality of its products.
Blackstone Group would be buying a 40% stake in Chinese shopping mall operator SCP Co. Private equity company Blackstone Group said it would be purchasing a 40% stake in SCP Co, a China-based shopping mall owner.
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Boming Cheng, the President of Citic Securities Co, said IPOs could resume again in China after a Chinese Communist Party meeting.
The women's and men's titles for the New York City Marathon were clinched by Kenyan runners.
Trim Tabs showed data that investors poured US$54.2 billion into equity mutual funds. Investors flooded US equity mutual funds and exchange-traded funds with $54.
Twitter fans take to Twitter to air their concerns over the Denver Nuggets mascot who fell unconscious in the pre-game festivities.
Apple's iPad Air received a low repairability rating from a repair website. In their Teardown of Apple's newly launched iPad Air, repair website iFixit gave the tablet a Repairability Score of 2.