Markets

Korean Exports Of Makeup Products Grew 10 Times Over Last 7 Years

South Korean exports of makeup products increased 10-fold over a seven-year period, according to official data released Wednesday, as demand in the Chinese and other Asian markets soared due to the Korean Wave or Hallyu.

February 22, 2017 at 4:47 am

South Korea, US Trade Is Mutually Beneficial: Report

Bilateral trade between South Korea and the US continues to be mutually beneficial as the trade surpluses primarily come from Korean exports of intermediate goods that American manufacturers need to produce their own finished goods, according to a trade report.

February 27, 2017 at 10:06 pm

South Korea's Producer Prices Sharply Up in January

Producer prices in South Korea's climbed sharply to their highest in two years last month as prices of agricultural products rose, according to preliminary data from the Bank of Korea.

February 27, 2017 at 10:04 pm

China Stops Importation Of Coal From North Korea; Move Was In Compliance Of UN Resolution

In compliance with UN sanctions, China has stopped importing coal from North Korea for the rest of the year. However, the country is still pushing for a diplomatic resolution to the issues surrounding North Korea.

February 27, 2017 at 10:01 pm

Apple Debuts Four Twitter-Based iPad Pro 2 Ads

Apple recently unveiled four new Twitter-based ads promoting the iPad Pro. The commercials have consumers thinking that a revamp of the iPad line is about to be announced.

February 27, 2017 at 10:00 pm

Harman Shareholders Say Yes To Samsung Merger

The Samsung-Harman merger is finally happening, with a majority of the American company's shareholders approving the deal.

February 16, 2017 at 6:49 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.

February 16, 2017 at 6:51 am

SK Telecom Market Share Drops Bellow 50%, Competition Improving?

SK telecom is Korea's top mobile carrier but not all is well for the company as recent reports made by the Korea Information Society Development Institute says the the telecommunications company saw its market share fall bellow 50 percent.

February 15, 2017 at 5:52 am

Nestle Korea Ordered To Recall Its Gerber Baby Foods Containing Unapproved Additives

Korean government just ordered Nestle Korea to recall some of its Gerber baby foods because they allegedly contain unapproved additives.

February 14, 2017 at 6:52 am

Google Investigated For Thwarting Competition In OS Market

Google is currently facing an investigation for allegedly thwarting the competition in the OS Market and for blocking the OS development of Samsung.

February 13, 2017 at 7:12 am

Most Of South Korea’s Top Market Cap Firms Posted Improved Earnings In 2016

South Korea's top companies by market capitalization recorded profits in 2016 due to improved sales and cost-cutting measures, according to industry data.

February 8, 2017 at 6:27 am

Reports Estimate Apple Watch Sales To Be 6 Million Units, Apple Now Top Smartwatch Maker

A report from Canalys estimates that the Apple Watch generated $2.6 billion in revenue. If the report is true, then the Apple Watch sales would amount to 80 percent of the total smartwatch sales for the quarter.

February 8, 2017 at 6:28 am

Samsung Galaxy Tab S3 vs. Apple iPod Pro Release Date, Price and Features: Which Tablet Has the Edge?

As the release of Samsung Galaxy Tab S3 nears, we come look at how it pits against its arch rival, Apple's iPad Pro.

February 6, 2017 at 7:08 am

Oppo Now Top Selling Smartphone Maker In China, Xiaomi, Apple Show Decline

Oppo might not be the most well known smartphone makers worldwide but that is what every developer should be afraid of as it now overtaken the top spot for sales in China last year. According to a report from techcrunch, the Chinese smartphone developer has beaten heavyweight Apple, Huawei, Xiaomi and sister company Vivo in the latest sales report.

February 6, 2017 at 7:03 am

Amazon May Help, Company Plans To Hire 100,000 Employees In The Next 18 Months

Online retail company Amazon announced in January that it has plans to hire 100,000 additional workers in the next 18 months which sounds a bit far fetched. But according to the company's recent hiring habits, they may actually need the additional man power.

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