[THE INVESTOR] Samsung Electronics announced measures to establish a parallel corporate culture in its “culture innovation” drive on June 27.In March, the company announced that these measures will be introduced as part of the efforts to adopt the drive and open nature of start-up firms.The move is driven by Samsung Electronics vice chairman Lee Jae-yong, who wants to shed the company's rigid, top-down culture in an attempt to match pace with Apple and other global competition.  Samsung Headquat

June 27, 2016

[THE INVESTOR] Korean carmakers could gain an edge over Japanese carmakers in the European market following UK’s leaving the European Union. From 2018, Korean carmakers’ vehicles exported to the UK will be subjected to tariffs, giving Japanese vehicles produced in the UK an edge in pricing. Hyundai Motor's Tuscon.On the much larger European market, however, Korean firms’ vehicles will gain an edge over Japanese vehicles. Unlike Japanese carmakers that have facilities in the UK, Hyundai Motor and

June 24, 2016

[THE INVESTOR] Deputy Prime Minister for economic affairs Yoo Il-ho said on June 24 that the government will monitor the impact of Brexit round-the-clock.The official said the pan-government response system will be initiated and the situation will be continuously monitored. Yoo was speaking from Beijing where he is attending a meeting of the Asian Infrastructure Investment Bank.  Finance minster Yoo Il-ho(right). Park Hae-mook/The investorSaying that UK’s departure from the European Union would

June 24, 2016

[THE INVESTOR] Kakao’s games affiliate NZIN announced on June 23 that it will buy 40.1 percent of Roi Games for 6 billion won (US$5.2 million).The investment will make NZIN the largest shareholder of the Korean games maker. With the stock purchase, NZIN will gain publishing rights to Roi Games’ upcoming releases.NZIN is 29.42 percent held by Kakao, and 45.4 percent by Kakao’s investment subsidiary K Venture Group. By Choi He-suk (cheesuk@heraldcorp.com)

June 23, 2016

[THE INVESTOR] Five Korean banks and their Chinese branches have been included among the 14 market makers for won-yuan direct trading market, the Ministry of Strategy and Finance announced on June 21. This is the first time Korean banks have been named market makers in China’s foreign exchange market.  pixabay.comThe five Korean entities are Woori Bank, KEB Hana Bank’s Chinese operations, KB Kookmin Bank, Shinhan Bank and Kore Development Bank’s Shanghai branch. Other banks included in the list

June 21, 2016

[THE INVESTOR] Whether to increase corporate taxes is shaping up as a key issue of contention between major political parties in the new parliament that began its inaugural session Monday.The chief policymaker of the liberal main opposition Minjoo Party of Korea last week reaffirmed the party would soon submit a tax code revision bill to raise the maximum corporate tax rate, which would be applied to companies with annual profits exceeding 50 billion won ($42.6 million), to 25 percent from the c

June 13, 2016

검은 표범이 등을 돌린 사육사를 사냥하는 영상이 화제다. 영상은 한 마리 표범이 사냥감에 다가가듯이 조심스레 사육사에게 다가가는 모습을 보여준다. 가까이 다가간 표범은 곧 사육사를 덮치지만, 남성은 익숙한 일인 듯 표범을 밀쳐내고 얼굴을 내밀어 표범과 친근함을 표시하기까지 한다. 표범이 사람을 해치는 듯한 이 영상은 실제로는 사육된 표범이 사육사와 장난을 치는 것. 영상은 ‘검은 재규어 백호 재단 (Black Jaguar and White Tiger Foundation)’이라는 비영리재단이 SNS에 올리면서 화제가 된 바 있다. 재단은 멕시코에서 애완동물로 사육되는 맹수를 구출해 재단이 운영하는 보호구역에서 사육하고 있다. 영상에 등장하는 맹수는 씨에로(Cielo)라는 이름의 검은 표범으로 새끼 때부터 재단에서 사육해 온 것으로 알려졌다. (khnews@heraldcorp.com)　

한국어판 June 8, 2016