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How a Single False Tip Rocked the Korean Stock Market

How a Single False Tip Rocked the Korean Stock Market

SEOUL, July 1 (Korea Bizwire) – “Samsung Group chairman Lee Kun-hee dies. Expecting announcement at 3 p.m. Embargo.” An unidentified tip announcing the death of one of Korea’s most revered business moguls shocked the Korean stock market which ran rampant across social media on June 30.  The rumor of the death of Korea’s richest (Forbes [...]

Big Increase in News Consumption via Mobile Internet

Big Increase in News Consumption via Mobile Internet

SEOUL, Jan. 31 (Korea Bizwire) – Koreans’ consumption rate of news coverage through public TV networks in 2014 dropped to 84.7 percent from 93.8 percent in 2013, according to a survey of 5,061 Koreans over 19 about Korea’s media consumption in 2014 that was published by the Korea Press Foundation on January 30. The rate [...]