Articles by Park Ju-young
Park Ju-young
-
Samsung Galaxy S8 rated as No. 1 smartphone in early adopter review
Samsung Galaxy S8, the Korean tech giant Samsung Electronics Co.'s flagship smartphone, has been rated as the No. 1 smartphone in the U.S. market, industry tracker Strategy Analytics said Sunday. The industry tracker's analysis of more than 1,500 reviews of the device during the first 40 days following the release of the product on April 21 showed that early adopters have given the Samsung S8 the top rating of 4.57 out of 5. The reviews were posted on major online sites, including Amazon, AT
Technology July 9, 2017
-
SK mulls investments in Tianjin industrial projects
SK Group Chairman Chey Tae-won recently met with government officials in China to discuss possible investments in a variety of business sectors, the company said Sunday. On Friday, SK Chairman Chey had meetings with officials from the Tianjin City to share views on petrochemicals, semiconductors, environment-friendly energy and bio technology projects being undertaken by the city, the group said in a statement. Chey Tae-won (SK Group-Yonhap) "As SK has a competitive edge in semiconductors,
Industry July 9, 2017
-
Prosecution probe further corners People's Party over evidence
The liberal opposition People's Party saw its crisis worsen Sunday after the prosecution filed for an arrest warrant for its official and key campaigner of its standard-bearer in the latest presidential election over an evidence fixing scandal. The prosecutors filed a request for a warrant to arrest Lee Joon-seo, a former member of the party's supreme council and a campaign manager for former party leader and presidential candidate Ahn Cheol-soo. Lee Joon-seo (Yonhap) The 39-year-old is susp
Politics July 9, 2017
-
State pension fund buys up stakes in Hyundai Heavy spinoff companies
Korea's state-run pension fund has increased its holdings in three spinoff companies of Hyundai Heavy Industries Co., data provided by a local market research showed Sunday. According to FnGuide Inc., the National Pension Service held a stake of more than 5 percent in 277 companies as of late last week. Of companies that the pension fund has large stakes in, 17 were added in the second quarter of this year, with an emphasis placed on Hyundai Heavy affiliates.
Economy July 9, 2017
-
Hyundai Merchant to develop Vietnam port facilities
Hyundai Merchant Marine Co., South Korea's biggest shipping line by sales, said Sunday it will work with a Vietnamese company on a port development project in the Southeast Asian country. Hyundai Merchant Marine signed an initial agreement with Saigon NewPort to jointly develop and operate port terminals and other logistics facilities, the company said in a statement. (Yonhap) "Vietnam is a strategically important market (for shipping lines). This year, Hyundai Merchant's shipping volume to
Industry July 9, 2017
-
S. Korean speaker calls for dialogue, tolerance for N. Korea
South Korea's parliamentary speaker on Sunday called for efforts to resume dialogue with North Korea, noting sanctions alone cannot ensure peace on the Korean Peninsula. "North Korea's continued military provocations are a threat to peace. But to induce North Korea's change, there is as much need for dialogue as sanctions and pressure," National Assembly Speaker Chung Sey-kyun said in his congratulatory remarks at the inaugural meeting of the Asia-Europe Political Forum held at a Seoul hotel.
North Korea July 9, 2017
-
Trade commission starts anti-dumping probe on imported printing paper
Korea's trade commission said Sunday that it has formally started a probe on coated printing paper from Japan, China and Finland to check if the imports unfairly undercut prices. The Korea Trade Commission that undertakes investigations and makes determinations on injury to the Korean industry, said Hansol Paper, Hankuk Paper and Hongwon Paper asked for an investigation, claiming imports were hurting local producers by dumping goods here. The KTC said it will conduct a preliminary review for
Industry July 9, 2017
-
Security agencies urged to team up to better counter cyberattacks
Cybersecurity agencies are urged to work together to better counter growing cyberattacks, the chief of the country's state-run cybersecurity body said, stressing it should be given more power to sternly deal with security concerns. In a meeting with reporters Friday, Baik Kee-seung, president of the Korea Internet & Security Agency (KISA), said security-related firms and agencies should work together to prevent cyberattacks from damaging the private sector. "Cyberattacks are using the weakne
Social Affairs July 9, 2017
-
Trade mediation agency settles disputes worth 41.4 bln won in H1
South Korea's trade mediation agency resolved 41.4 billion won ($35.8 million) worth of unfair contracts through arbitrations during the first six months of the year, the corporate watchdog said Sunday. The Korea Fair Trade Mediation Agency -- a body under the Fair Trade Commission, the state antitrust office -- mediated1,242 cases of unfair trading, subcontract work, franchise operations and retail business in the January-June period, up 28 percent from a year earlier, according to the FTC.
Industry July 9, 2017
-
Consumer sentiment among low-income earners declining: data
Consumer sentiment among low-income earners have deteriorated despite upbeat forecasts fueled by strong exports and public expectations that the new Moon Jae-in administration will help propel growth, official data showed Sunday. According to findings by the Bank of Korea, the consumer sentiment index among the country's underprivileged making less than 2 million won ($1,730) per month headed south in direct contrast to high-income earners, who had a more rosy picture about the future.(Yonhap)
Industry July 9, 2017
-
Govt. mulls system to supervise banks over service charges
South Korea's financial regulator said Sunday it is considering adopting a system to supervise banks when they raise service charges. The move is part of President Moon Jae-in's pledges to help relieve the financial burden of consumers and strengthen transparency at banks when they raise fees and charges. In a report made to the ruling Minjoo Party, the Financial Supervisory Service (FSS) said banks, insurers and card companies have charged a combined 27.7 trillion won (
Market July 9, 2017
-
N. Korea blasts US bomber exercise
North Korea blasted the United States on Sunday for its latest military exercise in South Korea that involved long-range strategic bombers, calling it a reckless provocation that may lead to an all-out war on the Korean Peninsula. In a signed commentary, the North's official newspaper Rodong Sinmun insisted joint military exercises between South Korean and US forces will only add fuel to explosives ready to blow. "A simple misjudgment or mistake may lead to the outbreak of a nuclear war and
North Korea July 9, 2017
-
Samsung's chief global wealth ranking rises to 45th place: report
Samsung Group Chairman Lee Kun-hee's ranking among the world's super rich rose to 45th place last week, thanks to the surge in the stock value at the conglomerate's electronic arm, a US-based financial news source said Sunday. According to Bloomberg, Lee, who has been hospitalized since May 2014 after he suffered a heart attack, is valued to be worth $18.5 billion. The total represents an increase of $4.4 billion this year alone, the information source said. His ranking
Market July 9, 2017
-
SK hynix remains silent on Toshiba voting rights speculation
Korean chipmaker SK hynix Inc., which recently joined a global consortium to purchase Japan-based Toshiba Corp.'s memory business, on Tuesday declined to clarify whether the company can exercise voting rights in the newly purchased business. "The negotiations are still under progress, and details are open to change," an official from SK hynix said in response to the latest reports from Japan that the South Korean company is seeking voting rights. Japan-based Kyodo earlier reported that SK h
Business July 4, 2017
-
Korean stocks almost flat late Tuesday morning
Korean stocks traded almost flat late Tuesday morning, as top market cap Samsung Electronics and No. 2 SK hynix attempted to rebound amid heavy losses by automakers. The benchmark Korea Composite Stock Price Index (KOSPI) shed1.72 points, or 0.07 percent, to 2,392.76 as of 11:15 a.m. Market kingpin Samsung Electronics rose 0.04 percent, and SK hynix, a major chipmaker, remained unchanged. In contrast, Hyundai Motor, the No. 1 automaker, dropped 2.75 percent, a
Market July 4, 2017
Most Popular
-
1
Medical profs at top hospitals suspend surgeries, clinics
-
2
Exports to US reach all-time high, widen gap with China
-
3
Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
-
4
Samsung chip business back on track, logs W1.9tr operating profit in Q1
-
5
Shinsegae faces showdown with investors over SSG.com's delayed IPO
-
6
[Music in drama] Rekindle a love that slipped through your fingers
-
7
Ex-pro baseball player who killed debtor appeals sentence
-
8
Hopes rise for possible Gaza truce deal
-
9
S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
-
10
[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea