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Shinhan Investment Says Takeover of Samsung Techwin is Key To Hanwha’s Stock...
Take Over to SurviveShinhan Investment Corporation said on Feb. 28 that the takeover of Samsung Techwin could stabilize Hanwha's stock.Song In-chan, an analyst at Shinhan Investment Corp., said, “The...
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Woori Bank Officially Launches Bank Woori Saudara in Indonesia
Our Bank in IndonesiaWith officials from Bank Indonesia and Otoritas Jasa Keuangan, or the Financial Services Authority of Indonesia, attending, Woori Bank held a ceremony marking a merger in Indonesia...
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Korea Investment & Securities Launches System Trading HTS for Overseas...
International TradingKorea Investment & Securities (President Yoo Sang-ho), or KIS, has launched an “eFriend Global YesTrader,” a specialized system trading program for overseas futures and...
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Mirae Asset Securities to List U.S. Buyback ETN on March 3
New Financial IPOMirae Asset Securities will make an IPO of U.S. Buyback ETN(H) with the theme of treasury stock repurchasing on March 3. Accordingly, the number of products will increase to 11 with...
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SsangYong Motor Releases Korando C Extreme
Extreme SUVSsangYong Motor has released the Korando C Extreme, which is optimized for consumers seeking uniqueness with its sporty interior and exterior. Based on the very much preferred high-end RX...
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E-Land Group Wins Bid for Nobel Prize Gold Medal in Economic Sciences
Nobel Prize BoughtE-Land will have the first gold medal for the Nobel Prize in Economic Sciences ever to be sold at auction.The E-Land Group announced on March 1 that it had the winning bid for the...
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KITA Pushes Resumption of FTA Negotiations with Gulf Cooperation Council
Middle Eastern MarketsWith President Park Geun-hye visiting the Middle Eastern countries from March 1, it is said that Korea should resume FTA negotiations, which have been stopped, with the Gulf...
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YuYu Pharma, Inc. Strengthens Global Market Invasion
YuYu ExpansionMarking the 74th anniversary of its founding, YuYu Pharma, Inc. will strengthen its global market invasion. With employees, including its Chairman Yu Seung-pil, attending the celebration...
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International Schools in Jeju Show High Satisfaction of Both Students, Parents
Education DestinationA recent survey has shown that the students and parents of international schools in the Jeju Global Education City (JGEC) are satisfied with them. There are three major...
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iPhone killer Arrives?
Galaxy S6The Gold Platinum Galaxy S6 Edge. Samsung Electronics has officially announced its flagship smartphones Galaxy S6 and S6 Edge. The devices will ship on April 10 simultaneously all over the...
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Track Smartphone Locations via Battery Consumption Patterns
New Tracking TechA technology has been developed to allow people to track the location of smartphones by checking the amount of battery consumption using a GPS navigation system or wireless Internet...
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MasterCard Says Payment Possible using Samsung Pay this Summer
Samsung Pay MasterCardMasterCard announced on Mar. 2 that Galaxy S6 users will be able to make payments with credit or debit cards of MasterCard issued by banks participating in Samsung Pay, which was...
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Shinhan Investment Corporation Predicts 46 Million Galaxy S6s Sold
Galactic PredictionShinhan Investment Corporation predicts that over 46 million Galaxy S6s will be sold.Shinhan Investment Corporation upgraded the target price of Samsung Electronics' shares to 1.75...
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Google Korea Selected as Most Popular Foreign Company for 7 Consecutive Years
Google Gives BackAccording to a survey involving 1,424 college students and job seekers published by Job website Saramin on March 2, 43.0 percent of respondents picked Google Korea as the most favored...
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3rd-gen Conglomerate Owners Stepping Up to Front Line
Inherited BusinessesAn increasing number of third-generation owners are taking care of their business groups’ activities on their own, not just hosting various official events and meeting with VIPs,...
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Recession Remains in Korean Economy
Two Steps BackEconomic indices are still showing signs of instability, even after the key rate cut by 0.5 percentage points and investment of 41 trillion won (US$37 billion) in the second half of last...
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Carmakers’ Sales Volume Fell Short of Expectations Last Month
Cars DroppingHyundai Motor Company, Kia Motors, GM Korea, Renault Samsung Motors, and Ssangyong Motors sold a total of 646,236 cars at home and abroad in February this year to record a 6.5 percent...
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Samsung Heavy Industries Clinches Deal for World’s Largest Container Ships
Going BigSamsung Heavy Industries announced on Mar. 2 that it had obtained a contract for four container ships, each with a capacity of 20,100 TEU, from MOL at a contract price of US$619.57 million....
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Who is Really Misusing History?
Outrageous BlameAt Washington’s Carnegie Endowment for International Peace on Feb. 27 (local time), Under Secretary of State for Political Affairs Wendy Sherman bluntly expressed her discontent with...
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Park Throws Net Deep into Middle East
Far East to Middle EastOn Monday (local time), South Korea’s President Park Geun-hye had a summit with Kuwaiti King Sheikh Sabah Al-Ahmad Al-Sabah in his kingdom, the first stop on her four-nation...
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