Korea's New President Wastes No Time on Corporate Reform

South Korea's new president hasn't wasted any time getting stuck in. Moon Jae-in, a former human rights lawyer before entering politics, is a liberal and likely to take a much tougher stance on corporate Korea than the conservative leaders who governed for the previous nine years.

Moon has immediately ordered power plants that are old and coal-fired to shut down temporarily. The move, coming less than a week after he took office, will shutter 10 power plants, all more than 30 years old, for the month of June....681 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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