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Covisint Recognized as Supplier of the Year by SAIC General Motors

Covisint Recognized as Supplier of the Year by SAIC General Motors

DETROIT and SHANGHAI, China, Feb. 24 (Korea Bizwire) — Covisint Corporation (Nasdaq:COVS), the leading Cloud Platform for building Identity and Internet of Things (IoT) applications, has announced it has been recognized as a supplier of the year by SAIC General Motors during the Annual Suppliers’ Conference and 2015 Suppliers’ Awards Ceremony, held in Shanghai, January [...]

It’s Skin Soars in Cosmetics Brand Rankings

It’s Skin Soars in Cosmetics Brand Rankings

SEOUL, Feb.18 (Korea Bizwire) – Changes are afoot in the cosmetics industry, with brand rankings in turmoil. It’s Skin climbed up to rank fourth due to its success with ‘snail cream’, and the formerly fourth ranked Etude dropped to sixth after slow sales continued for two years straight. According to industry analysts, The Face Shop [...]

Apple and Samsung Enter Chinese Mobile Payment Market

Apple and Samsung Enter Chinese Mobile Payment Market

SEOUL, Feb.16 (Korea Bizwire) – Apple’s Apple Pay mobile payment service will launch in China on February 18. Samsung is hoping to follow shortly with its Samsung Pay service, and is currently wrapping up negotiations with Chinese partners, adding a sense of tension to the Chinese mobile payment market. According to Chinese media, Apple Pay [...]

China FM Voices ‘Serious Concern’ Over Possible Deployment of U.S. Shield in S. Korea

China FM Voices ‘Serious Concern’ Over Possible Deployment of U.S. Shield in S. Korea

SEOUL, Feb. 12 (Korea Bizwire) - Chinese Foreign Minister Wang Yi expressed “serious concern” over a decision by South Korea to begin formal talks with the United States to adopt an advanced U.S. missile defense system, according to China’s foreign ministry on Friday. Wang conveyed the concern to South Korean Foreign Minister Yun Byung-se during their [...]

China Voices ‘Deep Concern’ About Possible Deployment of U.S. Missile System

China Voices ‘Deep Concern’ About Possible Deployment of U.S. Missile System

SEOUL, Feb. 7 (Korea Bizwire) – China’s foreign ministry expressed “deep concern” on Sunday as Seoul and Washington agreed to begin talks on the deployment of an advanced American missile defense system to South Korea following the North’s long-range rocket launch. Hours after North Korea claimed it had successfully put a satellite into orbit, South [...]

N Korea’s Trade with China Contracts in 2015

N Korea’s Trade with China Contracts in 2015

SEJONG, Feb.1 (Korea Bizwire) - North Korea’s trade with China dipped nearly 15 percent last year apparently due to a chilly bilateral relationship between the two neighboring countries, a report showed Sunday. The North-China trade volume reached US$4.9 billion in the January-November period, down 14.8 percent from $5.76 billion a year earlier, marking the first double-digit [...]