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S.KOREA

Commercial Act revision clears key hurdle

The Democratic Party of Korea (DPK) pushed through a set of key reform bills, including a revision to the Commercial Act mandating the cancellation of treasury shares and amendments to the National Referendum Act, at the National Assembly’s Legislation and Judiciary Committee on Feb. 23, despite strong opposition from the People Power Party (PPP).The bills c..

DP and Rebuilding Korea Party clash over merger terms
Merger talks proposed by Jeong Cheong-rae, leader of the Democratic Party, and the Rebuilding Korea Party got off to a rocky start, with both sides showing..

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