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Korea’s new president means change for chaebols

South Korea's new leader is pledging to reduce the influence of chaebol conglomerates — a cause thay may be helped by the large shareholdings of state institutions.
Korea’s new president means change for chaebols
For stock market investors, South Korea is no doubt the biggest surprise this year. Much of the attention on the Korean peninsula has been on rising tensions between the South and the North since late last year. At the same time, South Korea’s worsening relationship with China over the deployment of the THAAD anti-missile system has added complications for the Seoul administration. The Blue House has further been embattled by the corruption scandal surrounding former president P…
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