, Columnist
Discounting the Korea Discount
Stocks have moved past another round of worries over abuses by the chaebol.
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It turns out the stock market isn't too worried about South Korea's corruption scandals.
A court ruling against the planned arrest of Samsung Electronics Co. heir apparent Jay Y. Lee on bribery charges linked to a political crisis revived decades-old pleas to rein in South Korea's chaebol, the web of family-controlled conglomerates that command as much as 80 percent of gross domestic product.