By Lee Kyung-min Vice Premier and Finance Minister Hong Nam-ki has asked if he will discuss the possible release of jailed Samsung Electronics Vice President Lee Jae-yong when he meets with the country’s five major pressure groups. next week. Lee is serving a two-and-a-half-year prison sentence following a guilty verdict …
Read More »Overview of the Global Medical Polyoxymethylene Market to 2028
DUBLIN, August 6, 2021 / PRNewswire / – The report “Medical Polyoxymethylene Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Application” has been added to ResearchAndMarkets.com offer. Research and Markets logo The global medical polyoxymethylene market was valued at US $ 61,542.14 thousand in 2019 and should …
Read More »AirAsia’s BigPay Secures $ 100 Million Funding From South Korean Group SK
KUALA LUMPUR (Aug 6): BigPay, the electronic wallet unit of AirAsia Group Bhd, has secured up to $ 100 million in funding from South Korean conglomerate SK Group to continue its mission to become the leading challenger bank in South East Asia. With the funds, the company intends to expand …
Read More »UPDATE 2-SK Innovation sees refining margins improve; to separate the battery unit
(Add company statement, background) By Heekyong Yang and Joyce Lee SEOUL, Aug.4 (Reuters) – SK Innovation Co Ltd, owner of South Korea’s leading refiner SK Energy, said on Wednesday it expects refining margins to gradually improve in the second half of the year as COVID- 19 is declining and demand …
Read More »Global Folding Bikes Market Research Report (2020 to 2026)
Dublin, Aug 03, 2021 (GLOBE NEWSWIRE) – The report “Folding Bikes Market Research Report by Product Type, Application, Region – Global Forecast to 2026 – Cumulative Impact of COVID-19” a been added to ResearchAndMarkets.com offer. The global folding bicycle market size was estimated at USD 462.82 million in 2020 and …
Read More »Tech IPO boom arrives in unicorn-rich India
Initial public offerings reflect the maturing of a generation of e-commerce and digital economy businesses, bankers say, many of whom have grown rapidly during the pandemic as well-to-do city dwellers look to them when they shop. products ranging from milk to medicines. On July 16, the operator of the digital …
Read More »Hyundai Motor Group Honorary Chairman Mong-Koo Chung inducted into Automotive Hall of Fame at official ceremony
Honorary President Chung becomes the first Korean to receive this honor, the industry’s highest honor Chung recognized as the driving force behind the Group’s success and a steadfast champion of the automotive industry and the Korean economy Dedication to vehicle quality, global expansion of R&D and manufacturing network have been …
Read More »Asian exporters show recovery still has legs amid virus fears
(Bloomberg) – Japan and South Korea continued to post strong export gains, a sign that the impact of virus variants has yet to have a major impact on global demand, so even as the recovery in world trade is approaching its peak. Exports from Japan, the world’s third-largest economy, jumped …
Read More »Digital financial services appeal to thousands of investors and start-ups
Image source: Block Arabia Over the past five years, digital financial services such as crowdfunding and crowdfunding have become an attractive alternative for thousands of investors and start-ups, directly connecting borrowers to lenders through online platforms and offering different models of investment in the growth of their business. As a …
Read More »Everything you need to know to start trading on July 20
A sell-off in global equities continued in Asia early Tuesday as the spread of the delta coronavirus variant stirs concerns about the resilience of the economic recovery and strengthens safe-haven assets. Shares fell in Japan, Australia and South Korea, but declines were ordered. US contracts edged up after the S&P …
Read More »We live in Guyana and not in North Korea where the leader is supreme
Mr. Editor, Flashback 2017! A lawyer, Anil Nanldall successfully represented Carvil Duncan, who was then Chairman of the Civil Service Commission and a member of the Police Services Commission, the Judicial Services Commission and the Educational Services Commission after the President David Granger created a tribunal recommended by the Judicial …
Read More »ECMOHO Announces Strategic Cooperation Agreement with South Korean Group ChongKunDang to Establish Premium Health Food Distribution
SHANGHAI, China, July 16, 2021 (GLOBE NEWSWIRE) – ECMOHO Limited (Nasdaq: MOHO) (âECMOHOâ or the âCompanyâ), a leading provider of integrated solutions to the healthcare and wellness market being in China, today is pleased to announce a strategic cooperation agreement with well-known South Korean pharmaceutical company, ChongKunDang Group (hereinafter referred …
Read More »Netflix files appeal against court ruling over network usage fees in South Korea
Seoul, July 15 (IANS) Video streaming giant Netflix announced on Thursday that it has filed an appeal against a recent Seoul court ruling that sided with local internet service provider (ISP) SK Broadband Co. in a dispute over network usage charges. Last month, the Seoul Central District Court dismissed a …
Read More »Cybercriminals have taken advantage of WFH to target financial services companies, says Financial Stability Board report • The Register
According to a report released Tuesday by the Financial Stability Board (FSB), criminals targeted security breaches in financial services companies as their staff began working from home. Created after the G20 summit in London in April 2009, the FSB makes recommendations on the global financial system and coordinates the financial …
Read More »CFO Reaffirms Opposition to Universal COVID-19 Relief Cash Payments
(Yonhap) South Korea’s top economic policy official on Tuesday reiterated his opposition to providing universal COVID-19 relief to anyone with another supplementary budget currently under consideration in parliament. On Monday, the leaders of the ruling parties and the main opposition parties shared the point of view on the need to …
Read More »South Korea and Argentina CFOs share concerns over major economies’ exit from easing
South Korea and Argentina CFOs share concerns over major economies’ exit from easing South Korean Finance Minister Hong Nam-ki (right) shakes hands with Argentinian counterpart Martin Guzman ahead of talks in Venice, Italy, on the sidelines of the Group of 20 meeting of senior financial and economic officials . (Ministry …
Read More »South Korean exports suffer from Chinese ‘black hole’ rules
Reuters, BUSAN, South Korea Unable to secure a place on a container ship, Lee Sang-hoon plans to use fishing trawlers moored for repairs in the South Korean port of Busan to meet growing export orders for motor oil he sells to Russia. “China is the black hole in this shipping …
Read More »Near. Moon calls for swift processing of revised supplementary budget: The DONG-A ILBO
Responding to the announcement that the United Nations Conference on Trade and Development (UNCTAD) has changed South Korea’s status from developing to advanced, South Korean President Moon Jae-in said that it showed the international recognition that South Korea is truly an advanced country. “We should be very proud of the …
Read More »[Contribution] The role of banks as a ‘catalyst for change’ to support the transition to a net zero economy
South Korea has been a great experience for our family since moving here with HSBC at the end of 2018. Our daughter who just turned four is growing up happily. For those who know me, I have always believed that you can learn a lot from children. From endless creativity …
Read More »Global stocks rise, China falls after Xi’s tough talks
TOKYO (AP) – Global stocks were mostly higher on Friday, although the markets in Shanghai and Hong Kong fell a day after the Chinese Communist Party celebrated its centenary with harsh words from President Xi Jinping. The French CAC 40 lost nearly 0.1% to 6,548.52. The German DAX gained 0.2% …
Read More »Mathpresso, developer of AI-based learning app QANDA, secures $ 50 million Series C funding
– With a total funding amount of $ 105 million. Seoul, South Korea, July 1, 2021 / PRNewswire / – SeoulThe edtech start-up Mathpresso announced today that it has raised $ 50 million in a Series C funding round last week, which puts the company’s total funding at $ 105 …
Read More »ioneer announces lithium offtake agreement with Korean company EcoPro Innovation
RENO, Nev. and SYDNEY, June 29, 2021 / PRNewswire / – Strong points: Signing of a binding lithium supply agreement (âAgreementâ) with the Korean company EcoPro Innovation Co. Ltd (âEcoProâ), a subsidiary of the EcoPro group of companies. The condition precedent of the Accord is the final investment decision (FID) …
Read More »South Korea raises 2021 growth forecast to 4.2% on record exports
South Korea has largely raised its economic forecast for this year amid expectations of record exports and a rebound in consumption as immunization levels rise.The country’s gross domestic product is expected to grow 4.2 percent this year, a percentage point higher than the previous projection at the end of last …
Read More »Krafton IPO registration statement needs to be corrected: FSS
Krafton must re-file its registration statement for an Initial Public Offering (IPO) due to information that may be incorrect or missing, according to the Financial Supervisory Service (FSS). The gaming company’s retail marketing period was set for July 14 and 15, and a postponement is now possible. According to the …
Read More »MBA Handicapping: 5 Years Finance + 4 Years Marines = HBS?
through: Sandy Kreisberg and John A. Byrne June 25, 2021 | 0 comment comments | 88 views June 25, 2021 Born in China, Tianxing became a naturalized US citizen at the age of 25 and soon after joined the US Marine Corps where he is first lieutenant. With a 750 …
Read More »Global Freight Trucking Market To Reach $ 2.7 Trillion By 2026
SAN FRANCISCO, June 25, 2021 / PRNewswire / – A new market research published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Freight Trucking – Global Market Trajectory and Analysis”. The report presents new perspectives on the opportunities and challenges in a …
Read More »People-Centered Korean Digital New Deal
The âMy Dataâ initiative, which is part of the Korean Digital New Deal, empowers people to exercise control over personal data and actively manage healthcare, utility, and financial data. Seoul, South Korea, June 24, 2021 / PRNewswire / – the Born2Global Center, part of Korean Ministry of Science and ICT …
Read More »[Contribution] Ministers call for a green and inclusive future at the OECD
Ko Hyoung-kwon is the Ambassador and Permanent Representative of Korea to the OECD. – Ed.The 2021 OECD Ministerial Council meeting, chaired by the United States with South Korea and Luxembourg as vice-chairs, was held from May 31 to June 1 under the theme “Shared values: building a green and inclusive …
Read More »NC Mobile JP sells the latest smartphone models from Korea at discount prices
SEOUL, South Korea, June 22, 2021– (COMMERCIAL THREAD) – Saephone, an online smartphone seller, announced that their new online store ‘NC Mobile JP’ (ncmobilejp.net) is running a promotion to sell Korean smartphones such as LG Wing, Galaxy Z Fold and Galaxy Note 20 5G at discounted prices for Japanese consumers. …
Read More »Brokerages Raise Target Prices for Kakao on Business Expansion
Supported by aggressive moves to move beyond its platform business, South Korean brokerage firms have charted a good outlook for Kakao and raised their price targets on the company, reports showed Monday. Some analysts have predicted that popular mobile messaging operator KakaoTalk’s share price will rise to 200,000 won ($ …
Read More »[LIFE, UNPREPARED] South Korea’s rapid financial digitization in the eyes of seniors
An elderly person talks to a bank worker at the Hana Bank branch in central Seoul. (Hana Bank) This is part of a series of articles on the financial activities of seniors in the rapid digitization of the financial sector. -Ed. Yang Kyung-soon, a 72-year-old grandmother living in a small …
Read More »Global Solid Oxide Fuel Cell Market Over $ 681 Million To 2026
DUBLIN, June 18, 2021 / PRNewswire / – The “Solid Oxide Fuel Cell Market – Forecast 2021 to 2026” the report was added to ResearchAndMarkets.com offer. Research and Markets logo The solid oxide fuel cell market is expected to experience a compound annual growth rate of 24.46%, from 681.850 million …
Read More »South Korea hosts forum on Egypt’s tax and customs reforms
The South Korean Embassy in Cairo held a forum on Wednesday to discuss Egypt’s new advance cargo information (ACI) and electronic invoicing systems, as well as Korean business cooperation with the Egyptian government. The event, titled “Egyptian Government Trade Policy Forum – Recent Customs and Tax Reform Measures”, saw the …
Read More »Asian stocks mixed after Wall St fall on Fed rate hike index
BEIJING (AP) – Asian stock markets were mixed on Thursday after the Federal Reserve said it may ease the economic stimulus sooner than expected. Tokyo fell as Shanghai and Hong Kong gained after Fed policymakers estimated their benchmark rate would rise twice by the end of 2023, earlier than a …
Read More »The welding market will reach USD 27.22 billion by 2027; Growing applications in aerospace industry will emerge in favor of market growth, according to Fortune Business Insights ™
List of companies presented on the market: Lincoln Electric (Ohio, United States), KOBE STEEL, LTD (Hyogo, Japan), ESAB (Maryland, United States), ZULFI (Al Zulfi, Saudi Arabia), KISWEL CO., LTD. (Seoul, Korea), CS HOLDINGS CO., LTD. (Gyeongsangbuk-do, Korea), RME MIDDLE EAST (Dubai, UAE), voestalpine BÃHLER Edelstahl GmbH (Linz, Upper Austria), capilla …
Read More »Ministry of Science and ICT launches Digital New Deal to leap forward in new economy beyond COVID-19
Seoul, South Korea, June 15, 2021 / PRNewswire / – The Ministry of Science and ICT has been leading the Digital New Deal since july 2020 as part of the âcomprehensive Korean New Deal planâ ahead of the new post-pandemic standard, and Born2Global Center has played a crucial role in …
Read More »Shipping industry calls for $ 5 billion decarbonization fund
Container ship at the Port of Felixstowe (file image) Posted on June 14, 2021 at 4:04 PM by The maritime executive The shipowners’ organizations of the Group of Seven (G7) countries have pledged to lead the creation of a $ 5 billion research and development (R&D) decarbonisation fund and have …
Read More »Market Ahead Podcast, June 14: Factors That Could Drive Markets This Week
As the easing of state restrictions rekindled hopes for a faster economic recovery, markets rallied as Sensex and Nifty hit their respective all-time highs last week. It was also the fourth consecutive week of gains for the benchmarks. Analysts expect investors to follow the reopening of the economy, the pace …
Read More »South Korea to exempt some people vaccinated overseas from COVID-19 quarantine
By Josh Smith SEOUL, June 13 (Reuters) – South Korea will exempt some travelers who have received their COVID-19 vaccine abroad from its mandatory two-week quarantine effective July 1, health officials said on Sunday. As of May 5, the quarantine exemption only applied to fully vaccinated people in South Korea. …
Read More »South Korea to encourage parts suppliers for next-generation cars
Seoul: South Korea’s top economic decision-maker said the government plans to provide support to help around 1,000 auto parts makers transform into key suppliers of next-generation automobiles by 2030. Finance Minister Hong Nam-ki said the country plans to establish a 500 billion won ($ 448 million) fund to support research …
Read More »NEO Battery Materials signs MoU with South Korean silicon powder maker Korea Metal Silicon Co.
Vancouver, British Columbia – (Newsfile Corp. – June 11, 2021) – NEO Battery Materials Ltd. (TSX Venture Exchange: NBM) (OTC: FFNB) (“NEO“or the”Company“) is pleased to announce that it has entered into a Memorandum of Understanding (” MOU “) with South Korean manufacturer of silicon powder, Korea Metal Silicon Co., …
Read More »G7 finds new goal as G20 takes a step back
From June 11 to 13, G7 leaders meet in Cornwall, UK. The rally highlights the renewed vigor and influence of the G7, with a British Presidency engaged in action, the first public international outing of multilateralist President Joe Biden and growing concerns from the United States and Europe over the …
Read More »Jio named India’s strongest brand in Brand Finance, Telecom News, ET Telecom report
New Delhi: Large telecommunications and digital communications firm Reliance Jio is the most powerful brand in India, according to the latest Indian Brands report from Brand Finance. Jio is also the world’s most powerful telecommunications brand, according to Brand Finance. The report notes that, although it was only founded in …
Read More »P4G Seoul summit unites world leaders for inclusive green recovery and serves as springboard for next climate COP
Seoul P4G summit ends May 31st, proclaiming inclusive global green growth in the Seoul Declaration Summit calls for global cooperation in responding to climate change; developed countries announce their support for carbon neutrality; developing countries to accelerate green growth The summit strengthens innovative private-public cooperation in five major areas, contributes …
Read More »Yili reports tremendous progress in biodiversity protection and sustainability at BBF 2021 warm-up event
KUNMING, China, June 8, 2021 / PRNewswire / – Enabled June 6, 2021, the Secretariat of the Convention on Biological Diversity (SCDB) and from China The Ministry of Ecology and Environment hosted the 2021 Business and Biodiversity Forum (BBF) preparation event in Kunming, China, on the theme âBusiness and Financial …
Read More »Some Korean giants could be affected by G7 tax deal
íë South Korean conglomerates that operate subsidiaries in foreign countries with a corporate tax rate below 15% face additional tax burdens, following historic G7 agreement on a global minimum tax rate companies by 15%. The G7 group of advanced economies agreed to set an overall minimum corporate tax rate of …
Read More »Konex, the start-up market, is slowly fading away
The Korea New Exchange (Konex) is struggling in terms of volume, initial public offerings and upgrading listed companies to higher tier exchanges. Konex was first introduced in July 2013 as a market for small businesses not yet large enough for proper listing on the Korea Stock Exchange. According to the …
Read More »South Korea’s intellectual property laws key to expanding coronavirus vaccine partnership
By Josh Smith SEOUL, June 5 (Reuters) – South Korea’s respect for intellectual property rights makes it an ideal partner for the United States as it seeks to decouple its supply chains from China and forge partnerships to manufacture coronavirus vaccines, a trio of U.S. senators said on Saturday during …
Read More »Peter Bang ordered to pay more to Montgomery after embezzlement
A former economic development executive who embezzled about $ 6.7 million from Montgomery County was ordered this week, along with co-defendants, to repay an additional $ 215,000, after a two-year court process. In February 2019, Byung II “Peter” Bang, was sentenced to 15 years in state prison for orchestrating a …
Read More »Global adsorption equipment industry of $ 394.6 million to 2027
DUBLIN, June 3, 2021 / PRNewswire / – The “Adsorption Equipment – Global Market Trajectory and Analysis” report was added to ResearchAndMarkets.com offer. Research and Markets logo In the midst of the COVID-19 crisis, the global adsorption equipment market is estimated at US $ 394.6 million in 2020, is expected …
Read More »Grifols to supply the Korean Red Cross with the Procleix Panther for blood screening, expanding its leadership in donor screening in Asia
– The 28 systems that will be deployed in the three KRC laboratories will test around 94% of the country’s blood donation – They will run the Procleix Ultrio Elite Assay, an advanced nucleic acid test (NAT) that ensures donation safety by detecting the potential presence of the most important …
Read More »SK Inc. C&C, Co. Ltd. and BriteLab, Inc. Sign Partnership Agreement to Collaborate on Joint Development of Global High-Tech Manufacturing Company in United States
Seoul, South Korea and SAN JOSE, California, June 2, 2021 / PRNewswire / – SK Inc. C&C, a subsidiary of the SK Group in South Korea, and BriteLab in Silicon Valley today announced the signing of a partnership agreement to collaborate in the joint development of the global manufacturing business …
Read More »The UV LED market was valued at USD 348.9 million in 2020 and is expected to reach USD 1,044.709 million by 2026, registering a CAGR of 20.1% during the forecast period (2021-2026
). UV LEDs do not contain toxic mercury and are often found in CCFL technology. They are much smaller and more durable than CCFLs and are more resistant to vibration and shock, resulting in less product breakage and reduced waste and maintenance costs. New York, June 1, 2021 (GLOBE NEWSWIRE) …
Read More »South Korea exports at full speed, set fastest pace in 32 years
TipRanks 3 Strong Buy stocks with 100% upside potential Every stock investor wants a high return; it’s axiomatic, which is why people go public to begin with. But markets are inherently risky, and finding the sweet spot – the right mix of risk and reward – seems as much an …
Read More »Hyundai Motor: Strong Auto Financing Outweighs Impact of Cutbacks
The author is an analyst with Shinhan Investment Corp. He can be reached at [email protected] – Ed. Rising used car prices to increase income The auto finance business has been the main driver of Hyundai Motor’s profit growth since 3Q20. Hyundai Capital America’s net profit margin (80% stake) rebounded to …
Read More »UN chief calls for global partnership to fight COVID, climate change and achieve SDGs |
The world needs a global partnership to beat COVID-19[feminine, atteindre le Objectifs de développement durable et lutter contre le changement climatique, a déclaré le secrétaire général de l’ONU dans un message vidéo pour la journée d’ouverture du sommet P4G 2021 à Séoul, en République de Corée. le Partenariat pour la …
Read More »UN chief wants countries to stop investing in coal, seeks climate commitments
United Nations Secretary-General Antonio Guterres is urging more countries to stop investing in coal, while urging developed countries to take concrete climate action. For net zero pledges to be backed by credible targets and timelines, subsidies must shift from fossil fuels to renewables, and “that also means stopping coal funding …
Read More »South Korea to impose 20% income tax on crypto transactions
TipRanks Billionaire George Soros chooses these 3 âStrong Buyâ actions Some investors achieve legendary status, far surpassing their peers through a combination of luck and success. No one is perhaps more representative of it than George Soros, the Holocaust survivor who after the war earned a doctorate from the London …
Read More »Biden’s tax hike plans would raise $ 2.4 trillion after energy and children’s loans – Treasury
TipRanks Billionaire George Soros chooses these 3 âStrong Buyâ actions Some investors achieve legendary status, far surpassing their peers through a combination of luck and success. No one is perhaps more representative of it than George Soros, the Holocaust survivor who after the war earned a doctorate from the London …
Read More »Global Scintillation Detector Market Overview to 2027
Bloomberg Wall Street pros are as baffled as anyone by the fate of the dollar (Bloomberg) – Wondering where the dollar is going as the US deficit continues to grow? Wall Street is also trying to figure it out. Goldman Sachs Group Inc. sees echoes of one of the weakest …
Read More »Bank of Korea sees financial system threat in leveraged crypto trading
Bloomberg New Zealand joins Canada and reporting rates could increase next year (Bloomberg) – Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. New Zealand’s central bank has forecast that its official cash rate may start to rise in the second half of …
Read More »Overview of the global architectural lighting market to 2027 – including lighting from Acuity Brands, Cooper and Cree industries
the “Architectural Lighting – Trajectory and Analysis of the Global Market” the report was added to ResearchAndMarkets.com from offer. Amid the COVID-19 crisis, the global architectural lighting market estimated at US $ 8 million in 2020 is expected to reach a revised size of US $ 11.8 million by 2027, …
Read More »“ World’s Biggest Bank Burglars ”: North Korean Army of Hackers
Analysts say the nuclear-armed North Korea is at the forefront of cyberwarfare, stealing billions of dollars and posing a clearer and more present danger than its banned weapons programs. Pyongyang faces multiple international sanctions for its atomic bomb and ballistic missile programs, which saw rapid progress under North Korean leader …
Read More »Korea’s crypto market is among the strongest – and weirdest – in the world
On a day when Bitcoin briefly collapsed to $ 30,000 in a frenzied bear market, the leading cryptocurrency never came close to that of Korean exchanges. The said “kimchi bountyEnsured this, by keeping the price of Bitcoin up to $ 5,000 above its level on major US exchanges. The main …
Read More »IBK advised to reimburse up to 80% of Discovery losses
Investors protest outside the main branch of the Industrial Bank of Korea in Jung District, central Seoul, last year. [NEWS1] The state-run Industrial Bank of Korea (IBK) is expected to reimburse up to 80% of structured fund losses through Discovery Asset Management, according to a recommendation from the Financial Supervisory …
Read More »Riiid Raises $ 175 Million In New Fund From SoftBank Vision Fund 2
TipRanks Goldman Sachs: these 3 stocks are about to climb more than 100% Markets are in the throes of volatility, with unpredictable swings making recent sessions a roller coaster of sorts. Major indexes fell sharply at the end of last week, but Friday’s release of economic data showing strong manufacturing …
Read More »Despite the global decline, not all floor markets have suffered during the COVID-19 pandemic
Bloomberg China’s first global commodity boom warning sign flashes (Bloomberg) – One of the mainstays of this year’s meteoric commodities rally – Chinese demand – could be faltering. Beijing has successfully recovered from the pandemic economy in large part thanks to a credit expansion and a market boom. construction aided …
Read More »Mixed stocks, rising futures; China Jolts Commodities: markets roll up
Bloomberg China’s first global commodity boom warning sign flashes (Bloomberg) – One of the mainstays of this year’s meteoric commodities rally – Chinese demand – could be faltering. Beijing has successfully recovered from the pandemic economy in large part thanks to a credit expansion and a market boom. construction aided …
Read More »US waits to see if North Korea wants to engage in diplomacy
The daily beast If Prince Harry wants reconciliation, why does he continue to trash the royal family? Pascal Le Segretain / Getty Images If you enjoy the royal cover of The Daily Beast, we hope you enjoy The Royalist, a members-only series for Beast Inside. Become a member to receive …
Read More »US, Korea strengthen ties and news on Korean startups
South Korea strengthens its economic ties with the United States when President Moon Jae-in meets with US President Joe Biden in Washington DC. The two countries pledge to invest in various businesses and share common goals. Blockchain start-up Firmachain is updating its features for more developers to experience blockchain technology …
Read More »Richest nations pledge to stop supporting overseas coal production – Mother Jones
Kerry said: “I will strongly recommend to the President that this is a policy that we should be pursuing … But I guarantee you that we will be completely consistent with 1.5 C – 1.5 C governs the choices we have to make within 10 coming years. Any decision must …
Read More »Europe envisions a “new base” for its trade relations with the United States
EU trade ministers will explore a restoration of transatlantic trade ties after Trump on Thursday in virtual talks with new US trade representative Katherine Tai. The meeting comes days after the announcement of a partial truce in a three-year steel dispute with the United States, with the European Union declaring …
Read More »Nexon releases session schedule for 2021 Nexon Developers Conference (NDC 21)
The virtual conference is open to everyone on the NDC website from June 9-11 Sessions available on YouTube with translations in Japanese and English Three sessions will be presented by Embark Studios of Nexon NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in virtual worlds, today released the conference schedule …
Read More »Get a bang, take a day off – or three
Medical personnel vaccinate a citizen in central Seoul on Thursday. [YONHAP] Some of the biggest Korean companies, including Samsung and LG, have decided to give employees paid time off when they get their Covid-19 vaccine – up to three days. Samsung Electronics, Korea’s largest company by market capitalization, announced internally …
Read More »Samsung raises target for investing in memoryless chips as South Korea announces bigger tax breaks
Bloomberg Once-cursed Hertz bounced back so much that even the editors were right (Bloomberg) – Deep in the pandemic, it wasn’t even clear that Hertz Global Holdings Inc. would be here today, leasing cars, and the surprises didn’t end there. Wall Street giants who buy out the company in bankruptcy …
Read More »New York wakes up with $ 81 million Basquiat sale
This week’s bumper series of auctions in New York City got off to a good start at Christie’s on May 11 when a skull painting by Jean-Michel Basquiat cost $ 81 million ($ 93.1 million with fees, estimate $ 50 million). The powerful ‘In This Case’ (1983) was sold by …
Read More »Rate hike talks too early amid accelerating inflation: senior official
Supermarket in South Korea (Yonhap) Consumer prices in South Korea have recently accelerated, but it is too early to say that the country’s economy is sufficiently overheated to warrant a rate hike, a senior government official said on Thursday. First Deputy Finance Minister Lee Eog-weon said inflation growth accelerated in …
Read More »Coway announces its financial results for the first quarter of fiscal 2021
TipRanks 3 Shares traded at very low prices; Analysts say ‘buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old saying goes to buy low and sell high, and although it is tempting to ignore it. clichés like this, they …
Read More »Key summits pave way for Glasgow climate change conference | News | SDG Knowledge Center
A series of high-level events convened ahead of the Glasgow Climate Change Conference (COP 26) with the aim of creating momentum for successful negotiations and catalyzing efforts towards a net zero transition and more ambitious action on the adaptation to climate change, resilience and finance, among others. The 2021 Seoul …
Read More »[Mariana Mazzucato, Rainer Kattel] Awaken the Norwegian green giant
Responding to the climate emergency is a challenge for everyone, but especially for countries economically dependent on oil extraction or production. Decarbonization has created an opportunity for many countries to pursue a green industrial revolution. But as more countries embark on this path to future prosperity, the value of fossil …
Read More »Coronavirus: CDC panel recommends use of Pfizer Covid vaccine in adolescents – as happened
Boris Johnson, British Prime Minister, announced on Tuesday that a public inquiry into the government pandemic management will be held in the next year. He said “there will be a time when we have to learn from what has happened” in the government’s efforts to defeat Covid-19. The number of …
Read More »Pfizer Rebuffs report on COVID-19 vaccine production in South Korea with Samsung BioLogics: Reuters
TipRanks 3 Shares traded at very low prices; Analysts say ‘buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old saying goes to buy low and sell high, and although it is tempting to ignore it. clichés like this, they …
Read More »“Korea and Bangladesh have developed strong cooperative ties over the past five decades”
Korea is one of the major foreign investing countries in Bangladesh, with around 150 companies operating here. Among Korean companies, the main focus is on ready-made clothes. In what other areas of Bangladesh are Korean companies interested in investing? How do Korean companies perceive the business climate in Bangladesh? Since …
Read More »Lots of borrowing took place in April thanks to the IPO
ATM of major banks in Jongro, Seoul in May. New loans borrowed in April saw a surge in large part due to the IPO hype. [YONHAP] Borrowing rose in April, supported by unsecured loans taken out by punters to invest in an initial public offering (IPO) by SK IE Technology, …
Read More »Mirae Asset Obtains Authorization to Enter Short-Term Finance Market
Headquarters of Mirae Asset Securities in Seoul (Yonhap) South Korea’s Financial Services Commission has cleared Mirae Asset Securities to issue short-term funding bills after rigorous scrutiny, sources said on May 12. With the final approval, the brokerage firm will have more financial leeway to handle larger funds than a regular …
Read More »HSF and Hiswara Bunjamin & Tandjung advise K-Water in South Korea on the success of the tender for the Karian-Serpong water project
K-water, South Korea’s public water company, has partnered with Indonesian public construction company Adhi Karya for the project auction hosted by the Indonesian Ministry of Public Works and Housing. The consortium will supply water to West Jakarta and the city of Tangerang in adjacent Banten province under a 30-year concession. …
Read More »Hanwha obtains W5tr from KDB to finance its green activities
Hanwha Solutions Chairman and CEO Kim Dong-kwan (third from left) and Korea Development Bank President Lee Dong-gull (fourth from left) pose for a photo after signing a funding. KDB will provide 5,000 billion won to finance Hanwha’s environmental, social and governance activities over the next five years. (Hanwha) Hanwha Group …
Read More »Asian stocks follow Wall St lower as inflation fears escalate
BEIJING (AP) – Asian stock markets followed Wall Street lower for a second day on Thursday after unexpected increases in consumer prices in the United States fueled concerns that inflation could dampen the economic recovery. Market references in Shanghai, Tokyo, Hong Kong and Southeast Asia declined. Overnight, the Wall Street …
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