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CUHK Business School Research Reveals Local Financial Analysts with Access to Political Knowledge Generate More Accurate Forecasts in China

CUHK Business School Research Reveals Local Financial Analysts with Access to Political Knowledge Generate More Accurate Forecasts in China

HONG KONG, CHINA, Jun. 15 (Korea Bizwire) - Research study on work of local and foreign brokerage analysts in China finds political knowledge creates information wedge between market participants. Institutional factors, such as politics and the relationships between politicians and companies, can shape the way businesses report financial information in many emerging economies. There is often [...]

Hyundai Motor to Develop AI Tech with Chinese Partners

Hyundai Motor to Develop AI Tech with Chinese Partners

SEOUL, Jun. 14 (Korea Bizwire) — Hyundai Motor is set to develop futuristic AI technology for self-driving cars by partnering with Chinese tech companies. At CES Asia 2018 in Shanghai, the largest electronics exhibit in Asia, the Korean carmaker announced a tech partnership with DeepGlint, a Chinese startup specializing in the field of artificial intelligence. [...]

Seoul Asks Beijing for Fair Investigation into Korean Chipmakers

Seoul Asks Beijing for Fair Investigation into Korean Chipmakers

SEOUL, Jun. 6 (Korea Bizwire) — South Korea’s industry minister called on China to fairly conduct an antitrust probe into two Korean chipmakers as regulators are reportedly looking into their alleged price fixing, his office said Tuesday. Paik Un-gyu, South Korean minister of trade, industry and energy, made the request during a meeting with China’s [...]

China Launches Probe of Foreign Chip Producers

China Launches Probe of Foreign Chip Producers

SEOUL, Jun. 5 (Korea Bizwire) — Last year, semiconductors accounted for 17.4 percent of all exports from South Korea. With aggregate semiconductor exports totaling $92.7 billion, 39.5 percent ended up in China, and 27.2 percent in Hong Kong. In short, the value of Korean semiconductors exported to China accounted for 11.6 percent of all South [...]

Chinese Cars with Korean-made Batteries Excluded from Chinese Subsidies

Chinese Cars with Korean-made Batteries Excluded from Chinese Subsidies

SEOUL, May 24 (Korea Bizwire) — Sources in China say that electric cars equipped with Korean-made batteries were not included in a list of cars awarded subsidies by the Chinese government. According to industry insiders, the Ministry of Industry and Information Technology in China announced on its website yesterday a list of car models that [...]

T-ara’s Jiyeon Signs Exclusive Contract with Chinese Talent Agency

T-ara’s Jiyeon Signs Exclusive Contract with Chinese Talent Agency

SEOUL, May 17 (Korea Bizwire) — Girl Group T-ara member Jiyeon has signed an exclusive contract with Chinese entertainment management agency Longzhen Cultural Development, the agency said Thursday. “The contract with Jiyeon was signed last month,” Longzhen said in a press release. “Longzhen will be in charge of managing Jiyeong’s activities in various fields including [...]

Educational Websites Contain Flawed History Maps

Educational Websites Contain Flawed History Maps

SEOUL, May 16 (Korea Bizwire) — The Voluntary Agency Network of Korea (VANK), an internet-based organization, stated yesterday that 16 well-known educational websites such as Britannica and Wikipedia have included the area of the former Korean kingdom Goguryeo as part of China’s Han Dynasty on their websites. On Britannica’s official website (www.britannica.com/topic/Xiongnu), the area denoted [...]