Hyundai set to beat Volkswagen in market cap
As far as market share is concerned, Hyundai Motor Group is the world’s No. 5 player. But when it comes to market capitalization, it is closing the gap on the runner-up spot. As of the end of Tuesday, the combined market capitalization of Hyundai Motor Group’s top two brands ― Hyundai Motor and Kia Motors […]
Trilateral discussions
In the old days, when Japan was the world’s second largest economy, American officials used to describe the U.S.-Japan relationship as “the most important bilateral relationship in the world, bar none.” Nowadays such words, if spoken, refer to China, not Japan. But, of course, Japan continues to be vitally important, not only to the United […]
$100 billion encounters
KB chief to meet Gates, Buffett at CEO summit KB Financial Group Chairman Euh Yoon-dae will discuss international management trends and economic issues next week along with about 100 guests, which will include two of the world’s three wealthiest people. The nation’s top financial group said Wednesday that Euh will leave for Seattle to attend […]
Still under construction
With 2 days to go before opening, Yeosu Expo unprepared YEOSU — With the grand opening of the Yeosu Expo slated for Saturday, exhibition halls and other facilities are unfinished, littered with tools, electric cords and others, casting doubt on whether the international event’s long-awaited opening will take place on time. “The expo will have […]
Helicopter parents: in between overprotection, assistance
They simply cannot let go of their children, hovering closely overhead, rarely out of reach from diapers to diplomas, whether their children need them or not. These “helicopter parents” keep their children from developing a sense of independence and a can-do attitude by overprotecting them. The parents, however, believe they just care about their kids’ […]
Daum’s dilemma
Why is portal site always second to Naver? Ironically, Web portal Daum, meaning “next” in Korean, has been second in line behind domestic rival Naver throughout the last decade. The last time, and with all probability the only time, it was undisputed top-dog of the Korean Internet market was when it was founded in 1995 […]
Korea to showcase smart learning at APEC forum
Few would argue that Koreans’ zeal for education has been the driving force behind the country’s economic prosperity. Indeed, it has become a case example for many developing countries around the world. The nation is now seeking to establish a reputation as an educational powerhouse in the digital era by spurring the convergence of technology […]
A game of chicken
Samsung tussles with LG in OLED market Oversupply is slowing growth in the global display industry triggering another “game of chicken” in this already cutthroat market. The world’s top flat-screen makers ― Samsung and LG Display ― have been competing fiercely to take the lead in advanced displays called OLED (organic light-emitting diode). “Because global […]
‘Bo Xilai case affects China policy on N. Korea’
The apparent rise of reformers in the Chinese Communist Party raises the possibility of a tougher line on North Korea amid growing frustration over Pyongyang’s provocations, an expert said Tuesday. Analysts say the recent ouster of former politburo member Bo Xilai in connection with the suspected murder of a British businessman and a bugging scandal […]
North Korea says detainee died of hepatitis
North Korea has announced that Shin Sook-ja, a 69-year-old South Korean woman stranded in the Stalinist state for over two decades, has died and that her two daughters renounced their father who had escaped back to the South. In a response letter to the United Nations, Ri Jang-gon, the North’s deputy ambassador to the U.N. […]
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Trump, Kim, and the Three P’s of Summit Diplomacy: 
