Articles by 박가영
박가영
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Samsung to announce probe results of fire-prone Galaxy Note 7 within the year
[THE INVESTOR] Samsung Electronics is expected to announce the final results of its probe into the fire-prone Galaxy Note 7 within the year, industry sources said on Nov. 29.On Nov. 11, the Korean tech giant launched a new round of investigation to find out the cause of several fires and explosions related to the bigger-screen phone together with product safety authorities and experts both in Korea and the US. Right after the first recall issued in September, the company pinpointed faulty batter
Industry Nov. 29, 2016
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S. Korea to ban sales of Nissan, BMW, Porsche vehicles over fabricated reports
The South Korean government said Tuesday it will ban sales of six models by three foreign automakers, accusing them of fabricating reports to win sales approval from the local government.The Ministry of Environment said it detected defects in the certification documents of 10 vehicle models from the local units of Nissan, BMW and Porsche.Among them, six models -- the Infinity Q50 and Qashqai from Nissan, the X5M from BMW and the Macan S Diesel, Cayenne S E-Hybrid and Cayenne Turbo from Porsche -
Industry Nov. 29, 2016
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GE, Baker Hughes create powerful new player in energy sector
General Electric and Baker Hughes are joining their oil and gas businesses to create a powerful player in an energy sector buffeted by years of weak prices. The deal could give the new company, which will be called the ``New'' Baker Hughes, more leverage both in technology, and with oil drillers that are cutting back on contracts with oilfield service companies like Baker Hughes. Baker Hughes is the smallest of the big three oilfield services companies. It has a market capitalization less than
World Business Oct. 31, 2016
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Eurozone growth stable as inflation picks up
Economic growth in the eurozone remained low but stable in the third quarter as inflation rose to a 27-month high amid fears over Brexit and major elections in France and Germany.The Eurostat statistics agency said growth in the eurozone remained stable in July to September, to 0.3 percent, which was on par with analysts surveyed by Factset, a data company.Analysts said the expansion remained low, however, and came on the back of France that shook off a contraction earlier in the year to expand
World Business Oct. 31, 2016
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UN head expresses concern over power-broker scandal
UN Secretary-General Ban Ki-moon expressed concern over the latest scandal surrounding President Park Geun-hye's influence-peddling confidante, one of his acquaintances said Monday, marking a rare remark from the potential presidential contender on domestic issues."I hope the situation is settled in the near future. I am really concerned," Ban was quoted as saying by a former provincial lawmaker who met him last week. Ban has been refraining from making comments on issues at home, adding he will
Politics Oct. 31, 2016
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Two major policy lenders to cut costs by 70bn won
South Korea's two policy lenders said Monday they will reduce costs by about 70 billion won ($61.2 million) in the coming years as part of their ongoing restructuring.The Korea Development Bank (KDB) and the Export-Import Bank of Korea (Eximbank) said they will cut jobs and wages to stay slim and regain financial health. The KDB said it will slash the number of its employees by 10 percent to 2,874 by 2021 and cut the annual salaries of executives and operating costs.The policy bank also said it
Oct. 31, 2016
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S. Korean Jang Ha-na earns 3rd LPGA win of 2016 in Taiwan
South Korean Jang Ha-na earned her third LPGA victory of the season in Taiwan on Sunday, holding off a charging rival from China in the rainy final round. Jang captured the Fubon LPGA Taiwan Championship at 17-under 271 to beat Feng Shanshan of China by one stroke.Jang Ha-na of South Korea reacts after winning the Fubon LPGA Taiwan Championship in New Taipei city, Taiwan, 09 October 2016. (Yonhap/EPA) Jang shot a final round of 71 at par-72 Miramar Golf Country Club in Taipei with three birdies
Golf Oct. 9, 2016
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Korean film directors, critics say BIFF's fight for artistic freedom will go on
The standoff over the Busan film festival's "artistic freedom" may appear to have ended with the opening of this year's festival but what lies beneath is film groups' fiercer fight for the freedom, film critics and directors said Sunday. The 21st edition of the festival kicked off in Busan on Thursday featuring 299 films from 69 countries around the world, a scale that is not conspicuously smaller than past events. It, however, became a lackluster festival without the presence of stellar Korean
Performance Oct. 9, 2016
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KB Financial aids young people with disabilities
Participants of this year’s KB Hope Camp pose for photographs. (KB Financial Group)KB Financial Group continues to reach out to underprivileged youth through various annual programs. Some 120 young people with disabilities took part in a three-day camp earlier this month, a highlight of the group’s eight-month program that began in May to help participants plan for their future careers and build social skills. The KB Hope Camp offered job counselling, mock interviews and other activities. The p
Aug. 29, 2016
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