SEOUL (Reuters) – A 59-year old woman who once dubbed her tough economic policies “Korean Thatcherism” is now sketching out a vision of a more caring society as she aims to take the South Korean presidency her father held for 18 years until he was assassinated.

Park Geun-hye, the daughter of Park Chung-hee, an iron-fisted ruler often called the founder of modern South Korea, once said she might “choose death over a life like this again” after first her mother and then her father were gunned down.

SEOUL (Reuters) – A 59-year old woman who once dubbed her tough economic policies “Korean Thatcherism” is now sketching out a vision of a more caring society as she aims to take the South Korean presidency her father held for 18 years until he was assassinated.

Park Geun-hye, the daughter of Park Chung-hee, an iron-fisted ruler often called the founder of modern South Korea, once said she might “choose death over a life like this again” after first her mother and then her father were gunned down.

SEOUL, June 9 (Reuters) – South Korea’s chief financial
regulator may not wait for the final outcome of a court case to
decide whether to approve U.S. buyout fund Lone Star’s planned
$4.3 billion sale of its stake in Korea Exchange Bank
(004940.KS: Quote, Profile, Research) and hopes to close the long-running saga as soon as
possible.

Regulatory delays that have plagued Hana Financial Group’s
(086790.KS: Quote, Profile, Research) planned purchase of a 51 percent stake in KEB
followed a surprise Supreme Court decision to overturn a Seoul
High Court’s acquittal of a former head of Lone Star’s Korean
operation on stock price manipulation charges in relation to a
unit of KEB. The case was sent back to the High Court.
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