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CUHK Business School Research Reveals Strong Link Between Stock Market Liberalisation in Emerging Markets and Increased Innovation

CUHK Business School Research Reveals Strong Link Between Stock Market Liberalisation in Emerging Markets and Increased Innovation

HONG KONG, CHINA, Jan. 17 (Korea Bizwire) - There is little doubt that the liberalisation of stock markets in emerging markets has been a positive force in the world economic order. One previous study has found that stock market liberalisation leads to a 1 percent increase in a country’s annual real GDP growth. Closer to home, economic [...]

3,500 Chinese Students to Visit Korea for Winter Field Trips

3,500 Chinese Students to Visit Korea for Winter Field Trips

SEOUL, Jan. 13 (Korea Bizwire) –- About 3,500 young Chinese students will visit South Korea until early next month to enjoy winter field trips, the Korea Tourism Organization (KTO) said Monday. The Chinese students, mostly elementary and middle school students from across China, will travel to Seoul, Incheon, Daegu and other tourist destinations in seven [...]

Beauty Firms, Duty-free Operators Soar amid Hopes for Lifting of China Sanctions

Beauty Firms, Duty-free Operators Soar amid Hopes for Lifting of China Sanctions

SEOUL, Jan. 13 (Korea Bizwire) –- Major South Korean cosmetics and duty-free operators traded higher Monday amid hopes that China may lift its retaliatory economic measures under way for years against Seoul’s decision to deploy a U.S. anti-missile system here. Amorepacific Corp., the country’s top cosmetics maker, closed at 232,000 won(US$200), up 5.22 percent from [...]

Tourists from Well-off Regions in China Returning to S. Korea

Tourists from Well-off Regions in China Returning to S. Korea

SEOUL, Dec. 24 (Korea Bizwire) — Chinese visitors from Shanghai, Guangdong Province, and economically advanced areas in China coming to South Korea have surged in number. Diplomatic sources argue that travel exchanges between China and South Korea are on the verge of recovery as China is gradually lifting its travel restrictions to South Korea originally [...]

Fraser Institute News Release: China Ranks 126th Out of 162 in New Human Freedom Index; Hong Kong Ranks 3rd

Fraser Institute News Release: China Ranks 126th Out of 162 in New Human Freedom Index; Hong Kong Ranks 3rd

TORONTO, Dec. 18 (Korea Bizwire) — China continues to languish near the bottom of the latest Human Freedom Index, released today by the Fraser Institute and a network of international public policy think-tanks. And Hong Kong, which was the world’s freest jurisdiction as recently as 2013, has fallen to 3rd this year behind New Zealand (1st) and [...]

Samsung to Produce Baidu’s AI Chip

Samsung to Produce Baidu’s AI Chip

SEOUL, Dec. 18 (Korea Bizwire) — Samsung Electronics Co., the world’s No. 1 memory chipmaker, said Wednesday it will mass-produce an artificial intelligence (AI) chip for Chinese web portal operator Baidu Inc. early next year. Samsung will manufacture Baidu KUNLUN, the Chinese internet firm’s first cloud-to-edge AI accelerator, which is to be built on Baidu’s [...]