Hotel Shilla head denies wrongdoing
Hotel Shilla chief Lee Boo-jin is accused of having taken propofol, a short-acting and sedative-hypnotic agent, for non-medical purposes, according to a local news outlet. Lee instantly denied the report.
Propofol induces and maintains anesthesia. Misuse...
Gyeonggi presents controversial school bill
The Gyeonggi Province Assembly will discuss a bill this month that will oblige the management of schools to put “war criminal tags” on products manufactured by Japanese firms such as Nikon, Panasonic, Mitsubishi and Yamaha....
US hedge fund stays calm ahead of shareholders' meetings
Elliott Management has pressed Hyundai Motor and its affiliate Hyundai Mobis to pay $6.3 billion in payments and appoint five outside directors nominated by the U.S. hedge fund.
Ahead of the March...
Six AI teams excel in reading comprehension tests
Language could be another segment where artificial intelligence (AI) defeats humans in one of our own inventions after chess, go, strategic games and solving the Rubik’s Cube to name but a few.
LG...
Can Korean automakers defend annual championships?
Hyundai Motorsport customer team strives to win out in the 2019 World Touring Car Cup (WTCR), which will start its test run in Barcelona next week, just as it did last year.
On March 18,...
Lucrative new revenue sources
As the market of Samsung Electronics’ main cash cow of memory chips shows signs of tailing off, the info-tech giant sets its eyes at a promising segment of automotive chips.
On March 19, the Seoul-based company showcased...
AI agent to help invest in stock market
Samsung Electronics plans to incorporate robo-advisory services in its artificial intelligence (AI)-based agent, Bixby, later this year.
Toward that end, a source familiar with the issue said the company is working with outside...
Youtube takes on Naver in search
For Koreans, Naver was about search while Youtube was about video clips over the past decade; but that dichotomy is seemingly starting to change.
The former has dominated the country in the search business. It...
16 LG products recognized for design excellence
A jury panel comprising 67 design experts have agonized over 6,375 products over the past weeks to decide 66 best ones, which will receive the iF Gold Award.
Among the 66 accolades, Korea’s LG...
Foreign pension funds back Hyundai over Elliott
Five foreign pension funds sided with Hyundai Motor over hedge fund Elliott Management ahead of the two sides’ proxy war at the shareholders’ meeting slated for March 22.
According to the Korea Corporate Governance...
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