Trending News

Samsung is said to one one of the many conglomerates in the country who achieve control through crossholdings. The Lees were able to gain control of Samsing's 74 companies through a web of shareholdings despite owning less than 2% of the total group stock. Professor Kim Houng Yu at Kyung Hee School Of Management in Seoul said that the Lees would have trouble retaining its position in the company should he cross-shareholding structure breaks off.

According to labor laws in the California state, rest breaks are mandatory, Yahoo News noted. The plaintiffs said that there is proof that managers do not allow them to go on breaks after long hours as the latter normally punch in and out when taking a breather.

The number of votes had clearly spoken that Indonesians are looking for a liberal leadership, and is seeking a person in Jokowi Widodo, who has no political experience and is considered to be an ordinary person. Political analyst Ikrar Nusa Bhakti at the Jakarta-based Indonesian Institute of Sciences stated, "Jokowi's win means a lot because this is the first time an ordinary person could win the election in Indonesia. Previously all of the presidential candidates were either former military men, or the son or daughters of the high-ranking people in Indonesia."