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Episode details

World Service,28 Dec 2016,26 mins

South Korea Pension Fund Head Arrested

World Business Report

Available for over a year

National Pension Service head Moon Hyung-pyo was arrested over corruption allegations. The BBC's Stephen Evans in Seoul brings us the details. Also in the programme, shares in the Japanese electronics giant Toshiba fell by 20% on the Tokyo stock exchange before being suspended. Loizos Heracleous of Warwick Business School explains how Toshiba overpaid for the US nuclear power station service company Westinghouse. One of the UK's most powerful fund managers, Helena Morrissey tells us why sexism affects men as well when it comes to issues of work-life balance. Stand-up comedian Radhika Vaz gives her take on how the shock demonetisation of India's economy is no black-and-white issue. And sales of old-fashioned vinyl records have overtaken digital downloads in the UK, as the BBC's Andy Mills reports. (Picture: Moon Hyung-pyo. Picture credit: Reuters.)

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