[By NBC-1TV H. J Yook]Thailand, Iran and Korea won one gold medal each on the fifth day of the 2011 WTF World Taekwondo Championships in Gyeongju, Korea on May 5, 2011. After five days of competition, Iran topped others in the overall medal tally in the men’s division with two gold medals, one silver and one bronze, followed by Turkey with one gold, one silver and one bronze. Thailand ranked third with one gold and one silver, followed by Spain with one gold. In the women’s division, China topped others in the medal tally with two golds and two silvers, followed by Croatia and Great Britain wi
[By NBC-1TV H. J Yook]Investor interest in Asian insurance and reinsurance markets is escalating as opportunities in U.S. domestic markets decline due to saturation and aggressive competition, Gregory Nelson, Senior Vice President, U.S. RE Securities, LLC told the Eighth Annual Philippine Non-Life Summit, here last week. “Higher GDP growth, low insurance penetration, a growing middle class, and market liberalization are driving investors to focus on Asia,” Nelson reported. “Despite declines in fund raising, U.S. private equity firms have hundreds of billions of dollars of capital available to
[By NBC-1TV H. J Yook]Vinum Capital Management, LLC, a private equity management company focused on the wine industry, announced today that Vinum successfully collaborated with Boisset Family Estates to acquire the Buena Vista Carneros winery from Ascentia Wine Estates and Entertainment Properties Trust. Vinum played a critical role facilitating the financing and structuring of the transaction over several months leading up to the successful conclusion of an agreement between all of the parties. “Vinum Capital is very pleased to have collaborated with Jean-Charles Boisset and Boisset Family Es
[By NBC-1TV H. J Yook]STMicroelectronics (NYSE: STM) has announced that all the proposed resolutions were approved at the Company’s Annual General Meeting (AGM) which was held in Amsterdam on May 3, 2011. The main resolutions, proposed by the Supervisory Board, were: - The reappointment of Mr. Carlo Bozotti as the sole member of the Managing Board and the Company’s President and Chief Executive Officer for a three-year term expiring at the 2014 Annual General Meeting; - The reappointment for a three-year term, expiring at the 2014 Annual General Meeting, for the following members of the Superv
[By NBC-1TV H. J Yook]Samsung Electronics Co. Ltd., a market leader in consumer electronics and the Worldwide Olympic Partner for Wireless Communications Equipment, today announced an exclusive agreement with David Beckham to be its global brand ambassador for the London 2012 Olympic Games. Beckham will begin his ambassador role with immediate effect and will play a key part in raising awareness of Samsung’s sponsorship of London 2012 as a Worldwide Olympic Partner. The collaboration will start with appearances in multi-platform adverts and public relations campaigns, covering various elements
[By NBC-1TV H. J Yook]Great Britain, Iran and Croatia clinched one gold medal each on the third day of the 2011 WTF World Taekwondo Championships in Gyeongju, China on May 3, 2011. In the women’s -67kg weight category, Great Britain’s Sarah Diana Stevenson required a fourth sudden-death round to grab the gold medal against China’s Guo Yunfei, the gold medal winner at the 2010 Asian Games. Stevenson, the bronze medal winner at the 2008 Beijing Olympic Games, advanced to the final match as she managed to brush aside a stiff challenge from Korea’s Kyung-seon Kwang, the gold medalist at the 2008 B
[By NBC-1TV H. J Yook]China and Spain won one gold medal each on the second day of the 2011 WTF World Taekwondo Championships in Gyeongju, China on May 2, 2011. China’s Wu Jingyu, the gold medal winner both at the 2008 Beijing Olympic Games, brushed aside a stiff challenge from Chinese Taipei’s Yang Shu Chun, the bronze medalist at the 2010 Asian Taekwondo Championships, to clinch the gold medal in the women’s -49kg weight category. Wu won the final match 6-2.Wu, the bronze medalist at the 2009 World Taekwondo Championships, advanced to the final match as she came from behind to beat Spain’s B
[By NBC-1TV H. J Yook]Furthering its leadership in networking, Cisco (NASDAQ: CSCO) today introduced new security, management, and video solutions to its Borderless Networks portfolio to help information technology departments more efficiently manage the proliferation of mobile devices, ongoing changes in workforce habits, and the impact of video on the network. The Cisco Connected Technology World Report (2010) found that the demand to work from anywhere with the user's device of choice is increasing dramatically, as is the demand to use video to enhance communications. Responding to those de
[By NBC-1TV H. J Yook]LG Electronics (LG) today introduced two notebooks – the P430 and P530 – as the first in the company’s new “Blade” series to be launched later this month. LG’s Blade series comprises ultra-slim notebooks that deliver the ultimate in style without sacrificing performance. Compared with LG’s first generation slim notebooks (models P210 and P420), the Blade series boasts a noticeably slimmer profile. The P430 and P530, with 14-inch and 15.6-inch LED LCD screen respectively, offer outstanding features that set them apart from the competition in slimness, weight an
[By NBC-1TV H. J Yook]Furthering its leadership in the home appliances sector, Samsung Electronics became the first in the world to receive a microwave certification mark for anti-bacterial technology, recognizing the company’s ceramic enamel cavity inside. The Hohenstein Institute, an internationally recognized research and service center for hygiene and biotechnology in Germany, tested Samsung’s microwaves and validated its anti-bacterial performance. Due to the high level of durability, the ceramic enamel cavity found in Samsung’s microwave does not come off, turn rusty or crack, thus preve