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Monday, September 25, 2017

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The Korean government will sell a combined 5.8 trillion won (US$5.12 billion) worth of state bonds through a competitive bid in October.   The Ministry of Strategy and Finance announced the “State Bond Issuance Plans for October 2017 & State Bond Issuanc
Issuing State Bonds
22 September 2017 - 2:00pm
The Korean government will sell a combined 5.8 trillion won (US$5.12 billion) worth of state bonds through a competitive bid in October. The Ministry of Strategy and Finance announced the “State Bond...
The Korea Deposit Insurance Corporation (KDIC) signed an MOU with the World Bank to develop the deposit insurance systems of developing countries.
For Developing Countries
22 September 2017 - 10:15am
The Korea Deposit Insurance Corporation (KDIC) announced on September 21 that it signed an MOU with the World Bank in order to work with the bank in developing the deposit insurance systems and...
The Czech government, which is planning to build nuclear power plants next year, expressed its concerns over component supply to Korea Hydro & Nuclear Power.
Concerns on Component Supply
22 September 2017 - 10:00am
It has been found that the Czech government, which is planning to build nuclear power plants next year, expressed its concerns over component supply to Korea Hydro & Nuclear Power. Under the...
China has started outperforming South Korea in some nuclear energy technology sectors.
Concerns on Nuclear-free Policy
22 September 2017 - 10:00am
China revealed the current status of high-temperature gas-cooled reactor (HTGR) development, which is a next-generation nuclear energy technology, at the International Atomic Energy Agency (IAEA)...
Hyundai Motor Vice Chairman Chung Eui-sun and Zhang Guoqing, mayor of Chongqing, looking around Hyundai’s manufacturing facility in the Chinese city on July 19
Challenges Ahead
22 September 2017 - 10:00am
The South Korean automobile industry is undergoing a sea change. The Hyundai Motor Group is increasing its overseas production and the industry’s growth is slowing down. Non-automakers such as...
The court’s ruling in favor of the Kia Motors Labor Union in the normal wage lawsuit leads to decreases of wages of labors.
Paradox of Ordinary Wages
22 September 2017 - 9:45am
As the Kia Motors Labor Union won the ordinary wage lawsuit, rather wages of workers decreased. Kia Motors has decided to halt overtime since the ruling. This will lead to a 3% decrement in annual...
The Hyundai Santa Fe loaded with Baidu's artificial intelligence system. The car was showcased at the CES Asia 2017 in June.
5X Larger Than Samsung
22 September 2017 - 2:45am
Baidu, the largest search engine portal in China, raised a US$-1.5-billion self-driving car fund on September 21. It is said that Baidu raised the fund to strike back in response to a move made by...
Google will pay US$1.1 billion for the acquisition of HTC.
HTC in Google
22 September 2017 - 2:30am
Amid continuous reports that a countdown began for Google's acquisition of HTC, on September 20 (local time), Rick Osterloh, senior vice president of the Hardware Business Division at Google, said on...
SK Telecom’s autonomous driving car successfully ran on the 26-km-long Gyeongbu Expressway section around 7 am on September 21 (the photo by courtesy of SK Telecom)
Self-driving on Highway
21 September 2017 - 6:30pm
SK Telecom announced that its autonomous driving car under development successfully completed a test run on the 26-km-long Gyeongbu Expressway section from Seoul Resting Place to Singal Interchange...
A total of 15 South Korean companies made the Fortune Global 500 list this year, which was the same as last year while 10 Chinese companies joined newly the list.
Losing Dynamics
21 September 2017 - 1:45pm
A total of 15 South Korean companies made the Fortune Global 500 list this year, which was the same as last year. Four companies saw their rankings go up from last year, while 10 companies saw theirs...
LG CNS signed an agreement with ATEC to sell its automated teller machine (ATM) business unit on September 6.
Selling Unprofitable Business
21 September 2017 - 1:45pm
According to investment banking industry sources, LG CNS signed an agreement with ATEC to sell its automated teller machine (ATM) business unit on September 6. Considering the fact that the division...
KT models are demonstrating how fine dust is measured by an air meter installed in a public telephone booth.
ICT-based Air Quality Measurement
21 September 2017 - 1:45pm
Information and communication technology (ICT) such as KT's telecommunication poles and base stations will be used to prevent fine dust damage. On September 20, KT announced that the company will...

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