1. In South Korea, the Billionaire Divorce No Shareholder Can Resist

    In South Korea, the Billionaire Divorce No Shareholder Can Resist

    (BLOOMBERG) - In what's billed by local media as the " divorce of the century ", the chairman of South Korea's third-largest conglomerate could wind up surrendering up to US$1.2 billion (S$1.6 billion) of his shares to his aggrieved wife. Chey Tae-won has good reason to worry that judges won't look kindly upon him: He's already started a second family with a glamorous American-Korean internet sensation, not to mention his wife is the daughter of former President Roh Tae-woo...

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