South Korea

Currency Volatility Across the Asian Markets Disturb Growth Plans

Asian markets are facing a high tide of volatility in their currency owing to the devaluation of Chinese yuan and slow growth in the world's second largest economy.

Falling exports are adding to the devaluation vows and is causing major problem in the growth strategies of different countries and their currency management.

The two percent devaluation of the yuan on August 11 mirrored the difficulty that the economy was facing. It did not only affect China's currency but also sent ripples on the overseas markets which panicked.

Samsung Electronics Co Ltd Expects Higher Profits in the Second Quarter

Samsung Electronics Co Ltd Expects Higher Profits in the Second QuarterOn Wednesday, Samsung Electronics Co Ltd posted its January-March profits which were the highest in the last three quarters. The main reason for its good performance is attributed to the sturdy demand of its Galaxy S6 flagship smartphones that has been newly launched in the market. The company said that it expects the second expects earnings to increase too.

To Perk up Streamlining Drive Samsung to sell Its Defence Business

To Perk up Streamlining Drive Samsung to sell Its Defence BusinessThis year, South Korea's biggest corporation, Samsung Group, has been quickly reconsolidating its different affiliates to alleviate control over them. It has been intending to put most of its focus and streamline its major businesses which include electronics, construction and finance, and construction.

Samsung to Invest US $14.7 Billion in Chip Plant in South Korea

Samsung to Invest US $14.7 Billion in Chip Plant in South Korea Samsung Electronics will be investing US$14.7 billion to construct a new chip plant in South Korea. The new set up will help to meet the increasing demand from smartphones venturing into computing and the rapidly growing market of 'Internet of Things.'

The factory will be constructed in a 790,000 square meter location in Godeok Industrial Complex in Pyeongtaek.

Sex Helps Improve Mental Performance

SexA new research states that sex can help in improving mental performance and growth of brain cells. This research has been led by researchers from the University of Maryland, South Korea, and also from Konkuk University in Seoul.

They conducted their research on lab rodents and found that sexual interaction can help in increasing the production of new brain neurons in the hippocampus.

Ear acupuncture could help lose weight

Weight LossExperts have stated that chunky individuals can get in shape by having needle therapy on their ears.

They considered that pricking in five key spots could help cut an individual's physique mass file by 6.1%.

Specialists in South Korea discovered that a technique that targets only one spot on the ear could cut it by 5.7%.

Pages