SEOUL, Dec. 4 (Korea Bizwire) — A financial arm of South Korea’s leading portal operator Naver Corp. said Wednesday it has joined a cross-border mobile payment alliance with its Asian partners. The collaboration enables the four companies’ nearly 80 million users to make electronic payments at stores that use Naver Pay, Line Pay and Payco [...]
SEOUL, Dec. 1 (Korea Bizwire) — In the mobile application store business where only a few IT giants dominate the global market, it takes herculean efforts for newcomers to overcome the high entry barriers and make their presence known to industry players. To survive in the market monopolized by Google’s Play Store for Android devices [...]
SEOUL, Jul. 10 (Korea Bizwire) — South Korea and the United States on Wednesday unveiled a sculpture symbolizing their decadesold alliance as a key guarantor of peace on the peninsula, in a sprawling American military base south of Seoul, officials said. Seoul’s defense ministry, the U.S. Forces Korea (USFK) and the American Chamber of Commerce [...]
TORONTO, Mar. 8 (Korea Bizwire) — Decentral Inc., Canada’s leading blockchain company and the creator of Jaxx, and Gowling WLG, a multinational law firm and leader in the blockchain space, have today announced a strategic alliance to optimize the many commercial and legal applications of blockchain technology. The relationship will allow the two companies to [...]
SEOUL, Aug. 22 (Korea Bizwire) – South Korea will provide $200,000 worth of humanitarian aid to Nepal, which was hit hard by recent heavy rains and floods, the foreign ministry said Tuesday. The heavy rains that started late last week and the resulting floods and mudslides in Nepal have killed more than 130 people so [...]
SEOUL, April 26 (Korea Bizwire) – South Korea launched an alliance of leading information and communication technology and construction firms on Wednesday to nurture the “smart home” industry that connects artificial intelligence (AI) and Internet of Things (IoT) to home appliances. “We can make the world’s leading smart home industry with the combination of our [...]
SEOUL, Jan. 3 (Korea Bizwire) – Hyundai Merchant Marine Co., a major South Korean shipping line, said Tuesday that it has agreed to forge an alliance with two local rivals, a move apparently aimed at overcoming the downturn swarming the entire industry. Under the strategic alliance, the three firms will create a joint consortium, named [...]
SEOUL, Dec. 12 (Korea Bizwire) – Stocks of Hyundai Merchant Marine Co. traded higher on the Seoul bourse Monday, rebounding from the previous session’s 6 percent drop, after it agreed to a “limited partnership” with the world’s largest shipping alliance. Hyundai Merchant changed hands at 7,060 won as of 10:30 a.m., up 2.17 percent from [...]
SEOUL, Dec. 7 (Korea Bizwire) – Hyundai Merchant Marine Co., a major shipping line here, has started its final talks to join a global shipping alliance to survive the cutthroat competition in the global shipping sector. According to the sources, the shipper’s negotiation team began the talks in Copenhagen with 2M Alliance, the world’s largest [...]
SEOUL, Nov. 10 (Korea Bizwire) – U.S. President-elect Donald Trump on Thursday reaffirmed Washington’s security commitment to South Korea during his telephone conversation with South Korean President Park Geun-hye, an official source said. During the talks that lasted some 10 minutes, Trump was quoted as saying that the United States will maintain a “firm, strong” [...]