Former country head for Greece quiet on European financial crisisBNP Paribas revealed on Wednesday ambitions to enhance its securities platform in Korea as a growth strategy in Asia Pacific’s burgeoning equity and derivatives broker market. BNP Paribas is one of the leading financial groups based in Europe concentrating on retail banking, investment solutions and corporate and investment banking. The Seoul branch opened in 1976. BNP Paribas Securities Korea, one of the four arms of the group’s S

Kim Nan-hyung, 31, was surprised to find out how frequently she uses the “Kibot,” a robot for kids introduced by mobile carrier KT, for her 20-month-old daughter every day.“Because I have a full-time job, I play the animations or songs on the device for my daughter when I’m busily getting ready to go to work or while I cook dinner with her next to me,” she said. “I also turn on the Kibot to sing my baby Seo-jin to sleep and she now knows it’s time to go to bed when I show her the moving pictures

Executive board member Reckmann says biosimilars have great potentialA board member of global chemical and pharmaceutical giant Merck KGaA said Tuesday that the company will continue to show support for Korea’s fast growing biotechnology industry, especially toward a special class of medicines called “biosimilars.”“Korea has built up a country strategy where a clear target is to be one of the leaders in biotechnology products worldwide (through exports of these drugs),” said Bernd Reckmann, a ge

(123rf)Can a computer game predict the future of mankind?A person who have been playing a “Civilization II” computer game for 10 years says the world of 3991 A.D. is “a hellish nightmare of suffering and devastation,” according to news reports.Reddit user Lycerius, who uploaded the post, said he has been playing the old game on and off for 10 years, and thought it might be interesting to see how f

(Yonhap News)A U.S. university is giving every entering freshman in the class of 2016 a new smartphone and the associated AT&T cellular service, school officials say.Seton Hall University in South Orange, N.J., said the program is meant "to support the university's mission of providing technology tools to enhance the student experience and prepare students for success in a rapidly changing world,"

Government curtails areas and projects, postpones additional designation indefinitelyFree economic zones started in 2002 with a grandiose vision of fostering South Korea into a East Asian business hub, but have tottered into their 10th year.In Korea, Incheon, Busan and Jinhae, and Gwangyang were designated as free economic zones in 2003, followed by three more in 2008, which are located in Dangjin and Pyeongtaek, Saemangeum seawall and Gunsan, and Daegu and nearby areas in North Gyeongsang Provi

Telecom giants have begun accepting reservation purchases for Samsung Electronics’ much-awaited flagship smartphone Galaxy S3.SK Telecom, Korea’s largest mobile carrier, said that it started promoting Samsung’s 3G and long-term evolution mobile handsets, taking pre-orders from 5,000 customers on a first-come, first-served basis on Tuesday morning.After about two and a half hours, the telecom company said that pre-orders for all of the 5,000 3G phones had ended, while Samsung’s LTE phone continue

Chipmaker moves  to strengthen its  competitiveness in NAND Flash projectsSK Hynix announced Tuesday that it established a research and development center in Italy by acquiring Italian NAND Flash developer Ideaflash for next-generation memory chips.The company also said it appointed Carla Golla, the former chief executive of Ideaflash, as the CEO of the new center called “SK Hynix Italy S.r.l” and held the opening ceremony on Monday.Idealflash, a firm composed of 50 R&D experts with at least 12