Industries / February 17, 2017

Samsung's Lee Jae-young Arrested In South Korea, Prosecutors To File More Charges

Samsung's Lee Jae-young has been arrested in South Korea after allegations of bribery and other chargers. Lee's arrest comes after the impeachment of South Korean President Park Geunh-hye which is reported to be linked to the Samsung executive.

World / February 17, 2017

Chinese Tourist Senteced To 25 Years For Murdering Korean In Jeju Island

A Chinese tourist is sentenced to 25 years in prison for murdering a South Korean woman in Jeju island. The woman was praying at a church on the southern part of the island when the Chinese killed her on the spot.

Tech / February 17, 2017

Researchers Develop Rainbow Particles, Could Lead To Next-Gen Displays

A research team from the Korea Advanced Institute of Science and Technology has developed a technology to create "rainbow particles" that will speed the development of reflective displays. Led by renowned chemical engineering professor, Kim Shin-hyun the research team have developed the particle that is supposed to be vital in the development of next generation displays.

Tech / February 17, 2017

Valve CEO Admits VR's Possible Faillure, Better Headsets To Come In 2018

Sales of VR headsets have been strong since its release but it's not the homerun numbers some are expecting. Valve CEO and founder even admitted that there is a possibility of VR being a failure.

Korea / February 17, 2017

Samsung's Top Man Lee Jae-yong Arrested on Bribery Charges

Samsung heir Lee Jae-yong has been formally charged and detained on bribery charges. Samsung denies the allegations and said the truth will come out in court.

Photo News

The underground economy refers to illegal economic activities like smuggling and untaxed trading.

South Korea's Black Market Equivalent To 8 Percent Of GDP In 2015

South Korean imports of fresh eggs and processed products are expected to grow three times in the January-February period compared to the previous year.

South Korea Relaxes Import Rules To Address Supply Shortages Of Eggs

Apple Preparing for the Game Changing iPhone 8; New Technology to be Introduced

Apple Preparing for the Game Changing iPhone 8; New Technology to be Introduced

World / 06:50 AM

mClinica WIll Help Local Pramaceuticals WIth Medical Data

Health startups are doing good business in Asia right now. Wellness focused insurance brokerage CXA just received $25 million in investment and now Singapore based mClinica announced a $6.3 million Series A raise.

Industries / 06:49 AM

Sales Of Imported High-End Cars In Korea Increased in 2016

Sales of foreign-made luxury cars grew in 2016 with 20,384 units sold, accounting for over 9 percent of the 225,279 imported vehicles sold in the country last year, according to industry data.

Markets / 06:49 AM

South Korea Protests Financial Times' Report Alleging It's A Currency Manipulator

South Korea hassent a letter of protest to the Financial Times after reporting that Asia's fourth-largest economy engaged in currency manipulation to gain competitive advantage.

Tech / 06:49 AM

Apple To Source iPhone 8 OLED Screens From Chinese Company

Apple has long used LCD screens for its iPhones ever since its first iteration. However, other smartphone makers have moved on from the old LCD technology and started adopting OLED screens that produce brighter colors. Meanwhile Apple is still producing phones with LCD with some reviewers claiming that Apple has perfected LCD screen which means it can no longer be improved upon.