Clik here to view.
No Apparent Northern Response to South Korea's Military Drills
Quiet DMZSEOUL, Jan. 30 (Yonhap) -- North Korea showed no signs of unusual military movements on Thursday as it continued its winter military drills, a South Korean military official said."Any unusual...
View ArticleClik here to view.
Korea Develops 3D Graphene-making Technique
3D GrapheneKorean researchers successfully developed a technique to make 3D graphene structures, previously though impossible. Graphene is more conductive than copper, stronger than steel, and so...
View ArticleClik here to view.
7 Trillion Won of Prime Seoul Real Estate Up for Grabs
Public PropertySEJONG, Feb. 3 (Yonhap) -- South Korea's public organizations are seeking to sell a combined 7 trillion won (US$6.5 billion) worth of land and properties as part of efforts to reduce...
View ArticleClik here to view.
Seoul-based Foreign Direct Investment Hits 5-year High
City InvestmentSEOUL, Feb. 3 (Yonhap) -- Foreign direct investment (FDI) in Seoul reached a record high since the 2008 global financial crisis to surpass US$6 billion in 2013, on the back of a huge...
View ArticleClik here to view.
Korean SI Companies Missing Out on Opportunities in Overseas e-Government...
Trap of RegulationThe Software Industry Promotion Act is creating unexpected side-effects, instead of promoting the growth of smaller System Integration (SI) firms. The government banned their larger...
View ArticleClik here to view.
State-run Enterprises to Cut 40 Trillion Won in Debt
Public DebtEighteen public-sector organizations that have caused controversies due to excessive debt will save 40 trillion won (US$36.8 billion) in addition to what was previously planned. Those with a...
View ArticleClik here to view.
North Korea Proposes Working-level Talks to Restart Family Reunions, Again
Family ReunionsSEOUL, Feb. 3 (Yonhap) -- Breaking its week-long silence, North Korea on Monday proposed a working-level meeting this week with South Korea on holding family reunions, Seoul's...
View ArticleClik here to view.
80% of Listed Companies Showed Results below Expectations in Q4 2013
Poor PerformanceIt has been found that approximately 80% of the listed companies that have come up with their earnings estimates for Q4 2013 have posted less-than-expected business results for the...
View ArticleClik here to view.
Ssangyong Motor Sees 9.5% Jump in January Sales
Sales UpturnSEOUL, Feb. 3 (Yonhap) -- Ssangyong Motor Co., the local unit of Indian sport utility vehicle maker Mahindra & Mahindra, said Monday that its sales grew 9.5 percent year-on-year in...
View ArticleClik here to view.
Center for Economic Catch-up Says South Korea Struggling to Maintain Economic...
Economic Catch-up IndexSEJONG, Feb. 3 (Yonhap) -- South Korea is struggling more than its Asian rivals to catch up with economic growth of advanced countries, a private think tank report said...
View ArticleClik here to view.
Lenovo Acquires Motorola at US$2.9 Billion
Feisty LenovoLenovo has taken over Motorola at a cost of US$2.91 billion. “Lenovo will be able to grow Motorola into a leading manufacturer of devices running on the Android operating system,” said...
View ArticleClik here to view.
KakaoTalk Nominated for Most Innovative Mobile App Award at Global Mobile...
Korean Software RecognitionKorea-based mobile messaging app Kakao has announced today that KakaoTalk has been nominated for Most Innovative Mobile App by the Global Mobile Awards 2014. The Global...
View ArticleClik here to view.
Korean Household Debt Reaches Record High of 1 Quadrillion Won
Household DebtKorean household debt climbed to over 1 quadrillion won (US$922 billion) in December 2013, and individuals with defaults on liabilities and bad credit rose to the highest level in four...
View ArticleClik here to view.
3 Million College Graduates Have Given Up Looking for Jobs
Economically InactiveSEJONG, Feb. 3 (Yonhap) -- The number of college graduates who have given up searching for jobs exceeded 3 million last year, government data showed Monday, indicating that more of...
View ArticleClik here to view.
Galaxy Note 10.1 Found to Be Fastest Tablet PC in the World
Galaxy Note PrideSamsung Electronics’ Galaxy Note 10.1 released this year has been recognized as the world’s fastest tablet PC, beating out even Apple’s iPad. A London-based IT magazine, which tested...
View ArticleClik here to view.
Hyundai, Kia Sales Up in January in China, US Markets
Car Market UpturnSEOUL/LOS ANGELES, Feb. 4 (Yonhap) -- Hyundai Motor Group, the world's fifth-largest automotive conglomerate, said Tuesday that sales in the US and China got off to a good start in...
View ArticleClik here to view.
Rebalancing of China Poised to Shock Emerging Economies
Another Financial ThreatThe slowdown of the Chinese economy is casting a cloud over emerging economies, which are already suffering from the tapering of quantitative easing by the US Federal Reserve....
View ArticleClik here to view.
SK Innovation's Net Profit Dropped 36% in 2013
Energy ProfitsSEOUL, Feb. 4 (Yonhap) -- SK Innovation Co., which owns the country's top refiner SK Energy Co., said Tuesday its net profit tumbled 36 percent last year from a year ago due to decreased...
View ArticleNLCS Jeju Creates New History
International Jeju“First graduating class of NLCS Juju expected to enter prominent domestic and overseas universities”NLCS Jeju, an international school in Jeju Global Education City, will produce its...
View ArticleClik here to view.
S. Korea’s Auto Sales Dip 2.1% in January
Korea’s Auto IndustrySEOUL, Feb. 3 (Yonhap) -- Sales of South Korean automakers dipped 2.1 percent last month from a year earlier, due mainly to fewer working days from the Lunar New Year holiday,...
View Article