Bourse and Bazaar | Esfandyar Batmanghelidj: The headquarters of Dongbu Daewoo Electronics are located in a skyscraper on Teheran-ro (Tehran Street) in downtown Seoul, South Korea. The street is the address for so many of Koreas leading industrial and technology companies that the area is called Tehran Valley, a nod to Silicon Valley. The street name ...

By AFP TEHRAN Around 1,000 workers from Iran's Entekhab group staged a demonstration at the South Korean embassy in Tehran on Sunday after an acquisition deal with Daewoo Electronics went sour due to sanctions. The demonstration by workers from the private Iranian company was aimed at retrieving a downpayment of $70 million (53 million euros) ...

TEHRAN, Iran (AP) -- About 1,000 Iranian workers have staged a protest rally in front of the South Korean Embassy in Tehran demanding the return of $70 million allegedly held by Seoul after a collapsed business deal. Employees of Iran's Entekhab Industrial Group claim South Korea has blocked a refund of the money after a failed bid in 2010 to buy ...