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East Asia
Samsung Electronics surpasses W2 mil.
Samsung Electronics stocks touched 2 million won Thursday, soaring to a record high. It is the first time the electronics giant which debuted on the stock market in 1975 surpassed 2 million won. The world’s leading tech company started trading at 1.97 million won in the morning session, reaching 2…
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Politics
Russia’s Kalashnikov to create 1700 jobs in 2017
Russia’s famed small arms maker Kalashnikov Concern will increase its staff by at least 30% by creating 1700 new jobs in 2017 amid the surge in export orders, the company’s press service said. “The Kalashnikov Concern will create 1700 new jobs this year and thus will increase its core staff…
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East Asia
The Uses of the Space Energy
Last July, as 1,300 corporations of the 21 APEC member states came together at the APEC Small and Medium Enterprises Technology Conference and Fair (APEC-SMETC), Korea Space Energy Co. Ltd was selected as 2016 APEC Best Practices in SME Innovation for its Space Energy Implosion Radiation Generator. This adaptive radiation…
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East Asia
Chinese ministries ban military-type exports to N.Korea
China has released a list of goods that are banned for export to North Korea on Wednesday, including items and technologies that can be used to build weapons of mass destruction, according to the Ministry of Commerce(MOC) website. Expert said that it shows China’s resolution to comply with the UN…
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East Asia
25th Anniversary of diplomatic relations between Korea and Uzbekistan
Botirjon Asadov / Uzbekistan Ambassador to South Korea This year the Republic of Korea and Uzbekistan celebrate the 25th Anniversary of the establishment of diplomatic relations. The foundation of bilateral relations between the two nations was laid on Dec. 30, 1991, when South Korea was among the first foreign countries…
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East Asia
Xi urges continued efforts to build strong military
President Xi Jinping called on the military to improve its political awareness, push forward reform, and govern it according to law to aid the building of a strong military. Xi, who is also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military…
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East Asia
Hyundai Motor Group to invest W3.6 trillion in US over 5 years
Hyundai Motor Group said it will invest a total of 3.6 trillion won ($3.1 billion) in the United States over the next five years, following a series of other global carmakers’ announcements of their future investment plans in the country amid a prevailing fear of President-elect Donald Trump’s threats of…
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East Asia
Japan wants Dokdo removed from 2018 Winter Olympics website
Japan has called on the Korean government to remove Dokdo Island from a map on the 2018 PyeongChang Winter Olympics website, fueling the sovereignty dispute over Korea’s easternmost island. According to Japan’s news outlet Kyodo News on Friday, the country’s Ministry of Foreign Affairs demanded that Seoul alter the website,…
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East Asia
“Nobody ‘stealing’ your jobs, you spend too much on wars”
Chinese billionaire and Alibaba founder Jack Ma believes that improper distribution of funds and hyper inflated US military spending, not globalization or other countries “stealing” US jobs, is behind the economic decline in America. The Chinese business magnate earlier in January met with US President-elect Donald Trump, who has bemoaned…
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IT-Science
Slaves of smartphone
Park Moo Jong – The Korea Times It’s been 10 years since the late Steve Jobs (1955-2011) introduced the sensational iPhone, namely smartphone, in June 2007 to help change the daily life of the mankind from then on. The device is absolutely one of the most important daily necessities in this…
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