[By NBC-1TV H. J Yook]KaMin LLC is pleased to announce its acquisition of a majority equity position in CADAM S.A. and its subsidiaries. CADAM's production facilities are located in Brazil next to some of the highest quality kaolin reserves in the world. CADAM and its operating subsidiaries produce and supply fine particle size kaolin to the premium coated paper producers across the world. “This acquisition represents our continued investment in kaolin products that deliver value to our customers”, stated Harlan Archer, President of KaMin. “Our combined production and logistics capabilities al
[By H. J Yook]The Russell Frontier Index returned +5.7% year-to-date as of April 30, 2012, while the Russell Emerging Markets Index returned +13.2% for the same time period. Both indexes are positive year-to-date after exhibiting negative performance in 2011. Within the Russell Frontier Index, after 2011 when all but one country constituent had negative performance, 75% of countries had positive performance year-to-date as of April 30, with Vietnam, Pakistan and Kenya leading. Within the Russell Emerging Markets Index, after 2011 when more than 85% of country constituents had negative performa
[By NBC-1TV H. J Yook]Citibank Korea (CEO Ha, Yung-Ku, www.citibank.co.kr) introduces “3 packages fitting for different money management purposes” through Coupang (www.coupang.com), a Korean social commerce website, from May 7 till 10, 2012 in celebration of its 200th anniversary of its foundation. “3 packages fitting for different money management purposes” comprise of premium benefits for installment savings plan, foreign exchange deals and unsecured loans. Customers can choose any or all of the three types of financial products or services on Coupang’s website and purchase them at zero won
[By NBC-1TV H. J Yook]The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that it has been selected as technology partner for the New Zealand market (NZX). NASDAQ OMX will deliver its widely deployed X-stream technology to power NZX's trading platform. The new platform will handle trading of equities and derivatives securities and is scheduled to be rolled out at the end Q3 or early Q4 of 2012. NASDAQ OMX was selected in competition with a number of global exchange technology providers. Mark Weldon, CEO of NZX, said: “The NASDAQ OMX trading platform and connectivity suite will set the NZX
[By NBC-1TV H. J Yook]The LG Optimus L7, part of LG’s L-Series lineup, will begin arriving in stores this week. Sporting a premium design and with a largest-in-class 4.3-inch display, the Optimus L7 offers Google’s latest Ice Cream Sandwich Android OS. And as part of the L-Series, it offers timeless style without sacrificing any features or functionality. At 8.7mm, the LG Optimus L7’s slim and sleek body embodies the design-focused L-Style philosophy with an elegant look accentuated by metallic-decorated edges, a seamless key arrangement and the expansive 4.3-inch wide display providing optima
[By NBC-1TV H. J Yook]Ssangyong Motor(President & CEO Lee Yoo-il; www.smotor.com), part of the US$14.4 billion Mahindra Group, announced on May 3, 2012 that the company recorded 26,441 vehicles in sales volume (including CKD), KRW 644 billion in revenues and KRW 32.6 billion in operating loss. In the first quarter of 2012, Ssangyong registered a 6.9 percent growth in sales volume, a 3.8 percent rise in revenues and a 22.0 percent decrease in operating loss compared to the same period of the previous year despite overall sluggish demand caused by the economic downturn in domestic as well as maj
[By NBC-1TV H. J Yook]As Bombardier Aerospace‘s technologically advanced Q400 NextGen airliner heads to Africa on another leg of its 2012 world tour, its journey is boosted by WestJet’s announcement earlier today, that the Q400 NextGen airliner has been selected to meet the airline's business requirement for up to 45 turboprop aircraft to launch its regional airline. “This is a very proud day for Bombardier. We are thrilled to learn that WestJet has selected the Q400 NextGen aircraft for its fleet expansion requirements, just as the ”Get More“ demonstration aircraft travels to Africa for anoth
[By NBC-1TV H. J Yook]LG’s latest achievement in the glasses-free 3D space -- the Optimus 3D Max -- will kick-off its global roll-out today starting in Europe. As first seen at Mobile World Congress 2012, the second-generation 3D smartphone boasts an enhanced chipset and more enticing 3D entertainment features in a slimmer and lighter body. “We are deliberately pushing the limits of mobile entertainment innovation with the Op-timus 3D Max,” said Dr. Jong-seok Park, President and CEO of LG Electronics Mobile Communications Company. “This device has evolved significantly since we introduced the
[By NBC-1TV H. J Yook]The WACS 2012 Daejeon Congress Organizing Committee (Chairman: Mayor Yum Hong-chul of Daejeon Metropolitan City) announced today that the WACS 2012 Daejeon Congress will be held from May 1 through May 12, 2012 at Daejeon Convention Center, KOTREX and Expo Citizens Plaza in Daejeon. Under the theme of ‘Hand Taste of Korean People!, Appetite of World Citizens!,’ the large scale food-related Congress will be held for 12 days, attended by more than 30,000 prominent chefs, sommeliers and cooks from over 97 countries including Korea. Through the Congress, Korea will publicize a
[By NBC-1TV H. J Yook]CNN Worldwide today announced that it has signed a large-scale global sponsorship deal with leading automotive producer Hyundai Motor Company (HMC). The deal will include sponsorship of the new nightly ‘Amanpour’ show and the popular interview program ‘Piers Morgan Tonight’, and will involve HMC’s ‘Live Brilliant’ campaign airing across the CNN International, CNN US and CNN en Espaol networks. The collaboration represents one of CNN’s most comprehensive global auto sponsorship deals to date. The six-month sponsorship agreement encompasses both billboards and spots around