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Global Economic

April 24, 2021

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  • Instagram is the social media app South Koreans spend the most time on, beating Facebook and Twitter

    2021.04.23 10:05

    The social media app that South Koreans spend the most time on is Instagram, according to one survey. Wiseapp, a service based in South Korea that provides analysis of apps, reported on Apr. 20 that based on its sample survey of South Korean smartphone users aged 10 or older in March this year, the total monthly usage time on Instagram was found to be 5.8 billion minutes. Wiseapp found that 15.66 million people used Instagram for an average total of 6 hours and 11 minutes during the one-month period. Instagram was also found to be the fourth longest-used app by South Koreans after YouTube, Kak

  • Belgian ambassador, "I am deeply sorry for the assault. I apologize on behalf of my spouse."

    2021.04.23 09:50

    Belgian ambassador to the Republic of Korea Peter Lescouhier officially apologized Thursday on behalf of his wife for the assault of a clothing store employee.The embassy said in a press release posted on Facebook that day, "The Belgian Ambassador to Korea sincerely regrets the incident involving his wife which happened on April 9th and wants to apologize on her behalf. No matter the circumstances, the way she reacted was unacceptable."The embassy said, "The ambassador was informed by the police that the investigation into the case was underway on the day his spouse was hospitalized. Since the

  • Hyundai Motor and BTS partner up for Hyundai Motor’s video promoting hydrogen energy for Earth Day

    2021.04.22 11:20

    South Korean automaker Hyundai Motor Co released a video starring BTS on Apr. 21 containing the message “For Tomorrow We Won’t Wait” in celebration of this year’s Earth Day. Hyundai Motor also collaborated with BTS last year for its global hydrogen campaign for spreading awareness on the importance of sustainable practices and the future of hydrogen as a source of clean energy. This year marks the second time the automaker and the K-Pop’s super group have collaborated on the campaign, which runs under the slogan “Because of You.” The specially released video delivers a message of the ne

  • Small toys, big prices: behind the hype of designer toys

    2021.04.22 10:04

    AFTER paying 59 yuan (US$9.04) to try your luck at the self-service robot shop of the Pop Mart International Group, you can sometimes be blessed by the goddess of luck when you find a golden identity card attached to the mystery box, which indicates a secret toy which only comes from one out of 144 of the regular figurines. The one-in-144 secret toy may be sold at a price of more than 10 to 15 times its 59-yuan retail price on some e-commerce and second-hand trading platforms. For instance, the secret toy “Astrologer” of Pop Mart’s “Dimoo World” zodiac series, a character designed by Chin

  • Research finds that kimchi is safer to eat if refrigerated after being left to ripen at room temperature for a day

    2021.04.19 09:27

    A research has found that if kimchi that has been purchased or made at home is left at room temperature for about a day and refrigerated starting the day after, the fermented kimchi can be consumed safely and deliciously. This finding was contained in the results of a research project conducted by the Gyeonggi-do Institute of Health and Environment of Gyeonggi province, South Korea, which examined the interrelation between the fermentation period of kimchi sold in retail and pathogenic germs as well as lactic acid bacteria. The institute announced the results of the project on Apr. 13. From Ju

  • Anish Kapoor raises questions on interiors, opens to all answers

    2021.04.16 09:59

    TO prepare his first exhibition in Shenzhen, Anish Kapoor, one of the most distinguished contemporary artists in the world, asked his staff to make a detailed model of the exhibition halls in the Shenzhen Museum of Contemporary Art and Urban Planning (MoCAUP) to try to understand the exhibition space as best as he can. One month before the exhibition opened April 2, the artist held online meetings every day with his Shenzhen staff to discuss the exhibition preparation. “Kapoor has never been to Shenzhen, but after 17 months’ efforts, we finally made his exhibition held here, thanks to Shenzh

  • Shenzhen Fashion Week kicks off

    2021.04.14 09:28

    THE opening ceremony of the annual Shenzhen Fashion Week kicked off yesterday at its main offline venue, OCT Harbor. Themed as “Reborn,” this year’s fashion week will run until Monday. During the week, over 80 runway shows will be held at OCT Harbor, along with more than 70 supporting activities to be held at subvenues including C Future Lab, Yitian Holiday Plaza and HaiYa Mega Mall to set the latest trends for the 2021 Fall/Winter collection. The fashion week has attracted renowned designers with brands including Yiner, Ellassay, Kaltendin, Kavon, Carmen, LooraPwd and Tony&Tony’s. “This

  • New ways to honor old traditions

    2021.04.13 11:06

    STATISTICS released by the Ministry of Culture and Tourism showed that during this year’s Qingming Festival holiday (April 3-5), Chinese travelers made about 102 million trips to domestic destinations, a year-on-year increase of 144.6 percent and about 94.5 percent of the level in 2019, the year before the outbreak of the novel coronavirus pandemic. Such a figure not only means the gradual recovery of the domestic tourism industry, but also signifies that Chinese people pay special emphasis to traditional holidays. Qingming Festival, which falls on the 4th or 5th day in April, is an important

  • Mindray supports promotion of defibrillators

    2021.04.01 09:54

    SHENZHEN was acclaimed by Ao Hushan, a member of the 13th National Committee of the Chinese People’s Political Consultative Conference, for its effort to install automated external defibrillators (AEDs) in public areas during this year’s national legislative and political consultative sessions. Over the past three years, Shenzhen has installed 5,000 AEDs and saved the lives of 23 people, according to Ao. All the AEDs deployed in the city are from Shenzhen-based medical device provider Mindray. A group of journalists were recently invited to visit the company to learn more of their stories be

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Headline

Doosan Infracore wins order for supplying 15,000 engines to a Chinese forklift manufacturer

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    Hyundai Motor Group to target Chinese market with Ioniq 5 and EV6. Unveiling of G80 electric vehicle
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    Samsung ranks 6th among the world's best “innovative companies.” Top 10 for 9 consecutive years
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    10 companies, including SK, POSCO, and Hanwha to enter the “energy alliance”
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    Samsung C&T wins an order for subway construction worth 500 billion won in Singapore
  • 9

    Small toys, big prices: behind the hype of designer toys
  • 10

    CJ CheilJedang’s Bibigo kimchi products enjoy big success in Vietnam where their sales last year rose 25% YoY

Editor's Choice

Doosan Infracore wins order for supplying 15,000 engines to a Chinese forklift manufacturer
  • Cryptocurrency Frenzy. Strengthening of banknotes and tightening of overseas remittance
  • POSCO C&C to terminate the joint venture with MEHL owned by Myanmar military
  • "If the discharge of contaminated water from nuclear power plants is not withdrawn, Japanese seafood is to prohibited for school meals."
  • Damwon, dreaming of becoming a global e-sports company, enters giant Chinese market
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