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This November, the Geary Gallery of Darien is proud to present, “Visual Poetry,” featuring the bold, impressionistic New York-inspired paintings of South Korean native, Chin H. Shin....
HDC Hyundai Development Company and its South Korean compatriot Hanwha Energy Corp. have joined forces for the development of the Tongyeong natural gas power plant.
EPIK, a South Korea-based LNG project development company, has appointed Australia and New Zealand Banking Group Limited (ANZ) to serve as a financial adviser for its Newcastle GasDock LNG import terminal.
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DUBAI: Professional Communication Corporation – Nedaa, Dubai Government secure networks provider, and Safe-Net Forum, a south Korean based non-profit organization maintaining the fairness and transparency of the government’s policies related to the nationwide construction of Public Safety networks; recently signed a MoU in the presence of H.E. Mansoor BuOsaiba, Nedaa’s Chief Executive Officer and Daehyoung HONG, …
The post Nedaa signs MoU with Safe-Net Forum to promote Public Safety Networks appeared first on Biz Today.
Authorities say the two men had killed 16 fellow fishermen on their boat and then fled to South Korea.
Yahoo.... it's FAMILY FEUD Time kiddies! ....meanwhile families in America swear and cuss at each other throwing forks and knives in FOOD FIGHTS! ....they'll get over it one day!
The chosen song for this week is “Electric Kiss” by EXO.EXO is a South Korean boy band s
Apple to Release iPhone 7 & iPhone 7 Plus on October 21st 2016 in South Korea. The Price of iPhone 7 in South Korea ranges from 980935WON to 981135WON for all storage models.
Two bodies were retrieved from among the seven that went missing after their chopper crashed into the sea shortly after taking off from islets disputed with Japan, officials said Sunday. The helicopter had just picked up an injured fisherman from Dokdo, which is known as Takeshima in Japan, when it went down on Thursday night. …
The post Rescuers Retrieve Two Dead Bodies From South Korea Chopper Crash appeared first on Ghanamotion.com.
STUDY IN USA : Bachelor’s and Master’s Scholarships from Hult International Business School for international students, Deadline : 15th February 2020.Cache
STUDY IN USA : Bachelor’s and Master’s Scholarships from Hult International Business School for international students, Deadline : 15th February 2020.
The Undergraduate Business Degree Program
With business at its core, our undergraduate degree program is designed to take you beyond business. You’ll learn about the world, the future, and yourself to graduate with so much more than a degree.
Bachelor of Business Administration at Hult
At Hult, you will be immersed in a global environment without even leaving campus, and every topic you study will be approached from a global point of view, from marketing to law to career planning. Throughout your undergraduate experience, you will be challenged to think creatively, be resourceful, and work together with your fellow students in our international and collaborative learning environment.
Put theory into practice as part of your everyday classroom experience. Gain real insight into your individual strengths and weaknesses, as well as improving your team and leadership skills as you take part in:
Learn by doing
Lead with confidence
Shape the future
Learn to thrive in a time of constant change, understand the technologies driving change and how you can harness their power to shape the future.
Courses and electives
No matter where in the world you’ve attended high school, or how intensely you want to study while you’re at Hult, our flexible curriculum is built to adapt to your needs and goals. So you can study the topics you choose, at the speed that suits you.
Global Standard Track: Three years
In some parts of the world, you will spend five years in high school. This means you can qualify to bring up to 30 “Advanced Placement” (AP) credits with you, effectively skipping your first year and graduating in as little as three years. The table below shows the four-year U.S. format, use it to explore a sample of mandatory courses and challenges. The electives you choose will be based on your goals and interests.
U.S. Standard Track: Four years
If you come from any four-year high school, you will be on this track and will typically take four years to complete your degree. This is the standard length of an undergraduate program at most U.S. colleges and universities. Below you can explore a sample of mandatory courses and challenges. The electives you choose will be based on your goals and interests.
Global campus locations
Each academic year you will have the choice of studying at any of our undergraduate campuses in London, Boston, and San Francisco. Accelerate your studies as you explore the world through Summer Programs abroad at any of Hult’s global campuses except New York and Ashridge.
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The Global Undergraduate Exchange Program (Global UGRAD) to the U.S. Educational system, culture and values. Deadline : 31 December 2019Cache
The Global Undergraduate Exchange Program (Global UGRAD) to the U.S. Educational system, culture and values. Deadline : 31 December 2019
The Global Undergraduate Exchange Program (Global UGRAD) brings future leaders to the U.S. to experience the U.S. educational system, share their culture, and explore U.S. culture and values.
Application is open November 4th, 2019 through December 31st, 2019.
Global UGRAD is administered by World Learning on behalf of the U.S. Department of State’s Bureau of Educational and Cultural Affairs.
The Global Undergraduate Exchange Program is sponsored by the U.S. Department of State with funding provided by the U.S. Government and administered by World Learning.
Since 2008, World Learning has provided this opportunity to over 2,200 Global UGRAD students. Participants leave the U.S. with the tools to become leaders in their professions and communities. Global UGRAD alumni go on to receive Fulbright grants, obtain prestigious international internships, and work in business and government in their home countries and regions.
Countries: Albania, Algeria, Armenia, Azerbaijan, Bahrain, Bangladesh, Belarus, Bosnia-Herzegovina, Cambodia, China, Costa Rica, Dominican Republic, Egypt, El Salvador, Ethiopia, Georgia, Guatemala, Haiti, Honduras, India, Indonesia, Israel, Jordan, Kazakhstan, Kenya, Kosovo, Kuwait, Kyrgyzstan, Laos, Lebanon, Macedonia, Malaysia, Mauritania, Mauritius, Moldova, Mongolia, Montenegro, Morocco, Mozambique, Myanmar, Nepal, Nicaragua, Niger, Oman, Panama, Paraguay, Philippines, Qatar, Russia, Saudi Arabia, Serbia, South Korea, Sri Lanka, Tajikistan, Thailand, Tunisia, Turkmenistan, Ukraine, United Arab Emirates, Uzbekistan, Venezuela, Vietnam, West Bank and Gaza, Zimbabwe
To promote mutual understanding between people of the United States and other countries.
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Thomson Foundation Journalism Scholarships competition (win all expenses paid trip to the 2020 Thomson Foundation summer course in London). Deadline :13th December, 2019Cache
Thomson Foundation Journalism Scholarships competition (win all expenses paid trip to the 2020 Thomson Foundation summer course in London). Deadline :13th December, 2019
Journalism Now Scholar programme
Our Journalism Now Scholar programme is back! Hone your newsgathering, storytelling and multimedia journalism skills in our five-week programme with the help of internationally renowned journalist, Ewen MacAskill.
You will take seven of our CPD-accredited online courses including Mobile Journalism, Social Media Newsgathering, Journalism Across Multiple Platforms, and Data Journalism, and will work on one or more stories that you will publish.
The highest performer will be invited on an all-expenses-paid trip to London to attend the 2020 Thomson Foundation five-week summer course, which includes a mixture of masterclasses, workshops and practical training and a week’s placement at a leading UK media organisation. A small number of top performers will also be acknowledged on our website and social media.
Deadline to complete the Scholar programme:
Friday 13th December, 2019
Starting 1st November until 13th December, 2019, you will:
Ewen MacAskill will guide you through the programme with interactive live sessions and ongoing feedback.
Next, start taking the courses listed below. You can follow the link to a course and enrol. We recommend taking the courses in the order listed as their topics will be covered in sequence during the Scholar programme.
You will then be invited to join the platform and Ewen’s first webinar on Friday 8th November.
How to enter: Journalism Now Scholar
What you will need to do, in three steps:
Complete seven Thomson Foundation online courses (you don’t need to re-take a course if you have previously completed it).
Attend or watch the replay of up to four webinars with Ewen MacAskill.
Work on and publish a multimedia story.
About Journalism Now
Journalism Now is a series of online interactive courses designed and led by industry experts providing the latest in digital and multimedia skills. The global learning environment gives exclusive access to live training and mentoring sessions, run by leading journalists, and a unique knowledge-sharing platform.
Terms, help and questions
For any queries relating to your application for the Journalism Now Scholar programme, please email: email@example.com
The small print:
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STUDY IN BONN (GERMAN): UNU-EHS /University of Bonn for International joint MSc programme: Geography of Environmental Risks and Human Security, Deadline : 15 December 2019Cache
STUDY IN BONN (GERMAN): UNU-EHS /University of Bonn for International joint MSc programme: Geography of Environmental Risks and Human Security, Deadline : 15 December 2019
UNU-EHS and the Geography Department of the University of Bonn welcome applicants who possess a first degree (Bachelor’s) in a higher education programme in Geography or a related discipline. The ideal candidate has a strong interest or experience in working in the field of human-nature relations and risk governance in the Global South. Applicants from developing countries are strongly encouraged to apply.
The Joint Master’s Programme has an annual intake. The next programme will start in October 2020. Applications are accepted during the application period from 15 September 2019 to 15 December 2019.
Please make sure that the information provided in the online form is accurate! The provided data will be directly entered in our Application Database and will be used for your assessment during the Selection Process.
After filling in the online form, you must send us your application packet/s via e-mail in 2 (if applying for Epos, in 3) PDF files – including the required (merged) documents – accordingly:
Each file should not exceed 8 Megabytes (MB). Send your application packet/s online to: firstname.lastname@example.org.
A complete application packet consists of the following documents:
All application documents for the Master’s Programme must be sent in one PDF (merged), and Epos scholarship application documents in another PDF file (merged). If the academic work is exceeding the accepted size, the applicant may submit it in a separate PDF file as well. Each file should not exceed 8 Megabytes (MB). Send completed application packet/s exclusively online to: email@example.com
Only digital versions sent via email will be accepted. We do not accept applications sent via post.
Completed application packets must be received before the application deadline = December 15th, at 23:59 CET (Central European Time) for Bonn, Germany.
All candidates get a notification on their application status by mid May 2020.
For additional questions that are not covered by the FAQ, please contact: firstname.lastname@example.org.
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The post STUDY IN BONN (GERMAN): UNU-EHS /University of Bonn for International joint MSc programme: Geography of Environmental Risks and Human Security, Deadline : 15 December 2019 appeared first on mucuruzi.com.
Eleven years ago, a year before Steve Jobs introduced the first iPhone, Samsung Electronics swept past then arch-rival Sony to become number one in liquid crystal display (LCD) TVs. At the time, the company was known more in the business world as an enterprise memory chip supplier, an underappreciated commodity both then and now. In the mass market, it was making its name known to consumers with its slider feature phones, challenging the hegemonies of Nokia and Motorola.
'OLED is a dead-end; QLED is the future'
Like the insatiable desire for faster connectivity and more storage, the desire for life-like TV images will never change. Samsung's introduction of quantum-dot (QD) LCD TVs in 2015 -- branded SUHD then but now QLED -- was a statement of where the future lay, said Changbae Park, senior manager at product strategy team of the VD business.
Until Samsung introduced QD LCD TVs, that is. Put simply, a QD film is layered on the LCD that enhances the colour accuracy and range. Samsung began researching the core technology of QD materials 10 years ago with display applications in mind. But while Sony gave up on QD LCD in 2013 due to the need to use cadmium, which is harmful to humans, Samsung managed to overcome this. (Sony also gave up on OLED in 2010 after being the first to introduce an OLED TV in 2007.)
"Internally, we have a roadmap. I don't want to say when, but we are heading towards an even more sophisticated technology with self-light-emitting quantum-dot diode. It will most likely be faster than people think it will be." Backlight will be removed and the QD material will emit light on its own.
Only when the lights are completely off does OLED's black standout, and therefore, the company argues, the advantage is really minimal. The US' IES (Illuminating Engineering Society) and Germany's DIN (German Institute of Standardization) recommend living-room lighting of between 50 to 100 lux. Korea Standards Association suggests 150 to 300 lux.
The initial reaction to smart TVs was tepid globally. It was deemed too gimmicky, with rudimentary features that didn't suit how consumers interacted with the TV. And the demand was relatively small compared to today.
At the same time though, the demand for internet services continued to rise. According to Samsung's surveys, in 2012, demand for internet services was ranked 10th out of all consumer demands. In 2014, it jumped to sixth and in 2016 it reached fourth. In 2017, the demand for internet services, primarily internet-streaming, is ranked between second or third. "The goal was to give consumers what they want. We cannot turn back from smart TVs now."
The South Korean tech giant's technological sophistication wasn't always taken for granted. The firm's Bordeaux TV, its 2006 hit that helped it surpass Sony, was more known for its crystal wine glass-inspired frame design. The design focus that started then has now moved on to form factor.
It can be argued that, besides picture quality, the fundamental function of the TV has never changed from its inception up until the 1990s. From JFK's address during the Cuban Missile Crisis to OJ Simpson's trial, the TV was the king of the home -- where families gathered to learn the latest goings-on in the world.
Samsung is near obsessive about consumer feedback. In the first half of this year, VD conducted over 80 consumer survey projects in North America, Europe, the Middle East, CIS nations, Southeast Asia, South Korea, China, and India. These surveyed consumer living and viewing environments, spatial roles, and how people watch TV depending on where they are in the house. The firm also does a lot of focus group interviews and home visits.
SEOUL, Korea, Republic Of - The Canadian men's baseball team dropped to 1-1 at the Premier 12 Olympic qualifier with a 3-1 loss against host South Kor...
Pokhara: Nepal Annapurna ICT Rescue Center has been established at Annapurna Base Camp (ABC) aiming at enhancing the security of climbers and trekkers. The rescue center has been established at the base camp, which is 3,900meter high from the sea level. KT Corporation of South Korea, Um Hong Gil Human Foundation, and Nepal Mountaineering Association […]
The post Rescue center established at Annapurna Base Camp (ABC) appeared first on Glocal Khabar.
Envirostream to supply SungEel with recycled mixed metal dust containing cobalt, nickel and lithium.
Bridging the Week by Gary DeWaal: October 21 to November 1, and November 4, 2019, (CFTC Settlement Undone; Aiding and Abetting Liability Potentially Broader; Spoofing = Wire Fraud)Cache
Two weeks ago, a federal court of appeals sided with the Commodity Futures Trading Commission ruling that a district court could not require the testimony of three commissioners and various staff to assess whether the agency committed civil contempt in connection with its handling of an enforcement settlement with two food giants. In response, the district court confirmed it would solely evaluate the existing record to determine whether to grant the defendants’ motion for a contempt finding against the Commission and sanctions; however, it also set aside the settlement consent order and instructed the parties to propose a trial date – although they could also propose new resolution terms. Last week, a law firm filed its own lawsuit against the CFTC for the agency’s non-provision of documents related to the settlement in response to a request under the Freedom of Information Act. Unrelatedly, the House Committee on Agriculture proposed to reauthorize the CFTC for another five years and to expand the reach of potential aiding and abetting liability to reckless acts in addition to purposeful acts. As a result, the following matters are covered in this week’s edition of Bridging the Week:
The Hon. John Blakey revoked the settlement order following a decision by a federal court of appeals to grant, in part, relief requested by the CFTC in a mandamus petition precluding him from requiring the Chairman of the CFTC, two commissioners, and various employees of the Commission to provide testimony in a contempt proceeding against the CFTC and the individuals. Previously, the defendants requested that the CFTC and the individuals be held in contempt because they claimed the CFTC and the individuals had violated terms of a mutual gag agreement contained in the consent order when the Commission and two commissioners issued statements contemporaneously with publication of the order. The defendants also sought sanctions against the CFTC.
Under the agreement, defendants agreed to remit a fine of US $16 million and not to violate various provisions of law relating to manipulation, wash sales, and speculative limits. The consent order made clear, however, that nothing in the order reflected an agreement or determination that the defendants violated any provision of applicable law. (Click here for details regarding this dispute in the article “Contempt and Sanctions Hearing Against the CFTC Arising From Manipulation Complaint Settlement Delayed to October 2” in the September 2, 2019 edition of Between Bridges.)
The US Court of Appeals for the Seventh Circuit held that only the CFTC could potentially be held in contempt for violating the gag order and not any individuals, and that the determination of whether the CFTC was in contempt should be made by Judge Blakey solely on the basis of the existing record without any consideration of collateral evidence, including the testimony of any CFTC commissioners or employees.
In response, Judge Blakey issued a docket entry noting that he would resolve defendants’ motion for contempt, sanctions and other relief relying solely on the existing record. He also set aside the consent order on the grounds that the “factual record” does not support a proposition that the parties agreed to settle their dispute with an understanding that the settlement terms were binding on the Commission but not on agents of the Commission, including commissioners and staff. Additionally, Judge Blakey requested that the CFTC and defendants renew their motions for summary judgment and propose a trial date during a hearing on November 20. Judge Blakey indicated that the parties may still try to settle this matter, however.
Separately, the New York-based law firm of Kobre & Kim sued the CFTC in a federal court in NY, claiming that the Commission failed to produce documents related to the CFTC-Kraft/Mondelez settlement that it requested under the Freedom of Information Act. The law firm claims that it requested the documents because the original settlement failed to contain any findings of fact or conclusions of law, and thus the CFTC has left “the public in the dark” regarding its current theory of manipulation. According to the law firm, “[i]n effect, the CFTC negotiated a private resolution that left the industry without any intelligible guidance and with a potential misimpression that the legal theories asserted against [Kraft/Mondelez] had a sound legal basis.” (Click here to access a copy of Kobre & Kim’s Complaint.)
Legal Weeds: In its petition for mandamus, the CFTC also requested that the civil contempt proceeding against it be ended. However, the Court of Appeals rejected this request, claiming that if a decision ultimately is rendered adverse to the CFTC, the Commission can appeal that outcome in the ordinary course. The Court of Appeals also declined to transfer the contempt proceeding to a different judge as asked by the CFTC, saying that Judge Blakey was in the “best position to decide as an initial matter” if a contempt determination was warranted.
Following the Court of Appeals’ decision, Judge Blakey indicated that not only would he be considering the CFTC’s possible violation of the consent order, but also possible violations of the court’s prior orders, “including this Court’s orders making the settlement conference discussions private in conformity with traditional trial court practice.”
Judge Blakey previously had suggested that the Commission as well as individual commissioners and staff might be subject to criminal contempt determinations. However he withdrew this threat on September 19. (Click here to access the relevant docket entry at 336.)
Judge Blakey’s pronouncement on the wide scope of his contempt determination coupled with Kobre & Kim’s FOIA lawsuit against the CFTC on Halloween serve to underscore how the Commission’s initial handling of its settlement with Kraft and Mondelez will continue to haunt the agency for some time.
Additionally, the proposed reauthorization bill would (1) amend core principles for contract markets and swap execution facilities to require the CFTC to adopt rules detailing trader data and other information such trading venues must be able to access from cash markets and other data sources related to contracts referencing digital commodities and (2) expand the reach of the CFTC’s enforcement authority outside the United States to circumstances where certain prohibited activities (e.g., fraud and manipulation) “have or would have a reasonably foreseeable substantial effect within the United States.”
As proposed, the CFTC would also be required to adopt policies to safeguard proprietary information it receives whether through investigations or otherwise proportionate to the “level of sensibility of the information” and limit access to the information to “appropriate” Commission staff.
My View: In light of the CFTC’s relentless prosecution of Jitesh Thakkar for developing software used by Flash Crash Spoofer Navinder Sarao despite the dropping of parallel criminal charges by the Department of Justice, the proposed expansion of potential aiding and abetting liability for non-registrants is a significant red flag. Potentially holding programmers of futures trading, advisory or surveillance systems liable for the non-intentional development of software that might be used for illicit purposes could have a material chilling effect on software development for legitimate purposes and inhibit US leadership in creating new fintech innovations for the derivatives industry. (Click here for background regarding the CFTC’s pursuit of Mr. Thakkar in the article “Department of Justice Declines to Retry Alleged Programmer for Flash Crash Spoofer” in the April 28, 2019, edition of Bridging the Week.)
The defendants had argued that they could not be convicted of wire fraud because a violation under the relevant statute requires the making of affirmative misrepresentations and spoofing trading does not entail false statements. According to defendants, their orders – even if spoofing orders – entailed no representations beyond their stated terms and solely communicated an implied commitment that if their orders were accepted before cancelled, they would be filled according to their terms.
The Hon. John Tharp, Jr., the presiding judge in this matter, disagreed with defendants’ arguments. He wrote that omitting or concealing material information, even absent a duty to disclose, constitutes a violation of wire fraud prohibitions “if the omission was intended to induce a false belief and action to the advantage of the schemer and the disadvantage of the victim.” Judge Tharp claimed that when orders are placed with an intent to cancel them before execution in connection with spoofing, the intent is to create a “false belief about the supply or demand for a commodity” so that a market moves in a direction to execute resting orders of the spoofer on one side of the market to the detriment of other traders on the other side of the market who are not knowledgeable of the spoofer’s trading intent.
The court also rejected defendants’ argument that the wire fraud statute is unconstitutionally vague. Judge Tharp wrote that spoofing is similar to pump and dump schemes that have frequently been prosecuted under wire fraud prohibitions.
The Dodd Frank Wall Street Reform and Consumer Protection Act that contained an express spoofing prohibition was not signed into law until July 21, 2010, and the anti-spoofing provision was not effective until July 16, 2011. Thus, the DOJ could not prosecute defendants utilizing the prohibition for the overwhelming majority of their purportedly illicit spoofing transactions. (Click here for background regarding the effective date of the anti-spoofing prohibition and other provisions of Dodd-Frank.)
Policy and Politics: In February 2019, the Futures Industry Association filed a friend of the court brief in this matter arguing that prosecuting defendants for wire fraud (and not spoofing) raised issues of concern to the business community because such action implied that orders entered without an intent of execution for any reason constituted fraudulent statements to the marketplace. However, observed FIA, such a view would challenge “the vitality of the established legal precept” that market participants have no obligation to disclose any information in connection with open orders including their intentions regarding such orders. According to FIA, criminalization of “a market participant’s failure to disclose trading intentions opens the door for arbitrary prosecutions and vexatious private claims.” (Click here to access a copy of the FIA filing.) The US Chamber of Commerce, the Bank Policy Institute and the Securities Industry and Financial Markets Association made similar arguments in a friend of the court brief they also filed in this matter.
Separately, Joshua Sterling, Director of the CFTC’s Division of Swap Dealer and Intermediary Oversight, indicated that his Division staff would soon commence targeted thematic reviews of swap dealers and commodity pool operators. In a speech before the Alternative Investment Management Association, Mr. Sterling said the purpose of the review would be “both to mitigate the potential for blind spots in our oversight and enhance our engagement with registrants.” According to Mr. Sterling, firms subject to reviews are those likely “to have a significant impact” on derivatives markets and each review would be completed onsite within five business days. The objective of the reviews is not to refer matters to the Division of Enforcement, he said, but to provide general guidance to the industry and determine potential rulemakings.
The CFTC alleged that, from March 2016 through July 2017, FGC solicited and allowed US persons to trade futures on the Chicago Mercantile Exchange’s Globex platform without being registered as a futures commission merchant. The SEC charged that from 2014 through 2019, the firm offered and sold instruments based on US and internationally listed stocks to US persons that did not meet certain minimum financial standards by qualifying as “eligible contract participants” under applicable law (Click here to access a definition of an ECP at 7 U.S.C. §1a(18)). However, as these instruments constituted security-based swaps, they could only be sold to nonqualified US persons if the instruments were subject to an effective registration statement and were traded on a national securities exchange. FGC met neither of these requirements, alleged the SEC.
FGC settled with the CFTC and SEC by agreeing to pay each a US $100,000 fine. FGC additionally agreed to remit to the SEC US $32,952 as disgorgement and interest.
Unrelatedly, Upstream Energy Services LLC, a Texas-based crude oil and natural gas advisory firm, was also charged by the CFTC with operating as an FCM without registration. The CFTC claimed that between April 2017 and September 2018, the firm accepted orders for futures and options on behalf of two clients owned by the same person, and entered the orders and carried the resulting trades in its own trading accounts. Upstream extended credit to the clients for margin but was subsequently reimbursed by the clients for Upstream’s costs; Upstream also received fees from the clients for its trading services. Upstream agreed to pay the CFTC a US $75,000 fine to resolve its purported violation.
In other legal and regulatory developments involving Fintech:
Unrelatedly, Ze Qian, a nonmember, resolved an unrelated disciplinary action by NYMEX that claimed he prearranged the execution of transactions involving steel futures between an account he traded for his employer and an account owned and controlled by another person to enable Mr. Qian’s employer to receive trade credits from a market-maker incentive program administered by the exchange. To resolve this matter, Mr. Qian agreed to pay a fine of US $5,000 and serve a two-year all CME Group exchanges’ access ban.
Additionally, three nonmembers were all fined either US $40,ooo or US $50,000 by the Commodity Exchange, Inc. or NYMEX and permanently barred from accessing CME Group exchanges for trading for engaging in spoofing trading. The three persons are Shiv Agarwal, Krishna Lakani and In-Ho Hwang. Finally, Boston Metal Co., Ltd was also sanctioned US $40,000 for failing to supervise one of its employees who allegedly engaged in spoofing trading and for not ensuring that each of its traders used a unique Tag 50 identification when placing electronic orders.
For further information:
CFTC Chair Says Position Limits Proposal Coming Soon; Head of DSIO Says Thematic Reviews Coming Soon Too:
CFTC Chair Stresses Need for Principles-Based Regulation to Accommodate Fintech and Announces Elevation of LabCFTC to Operating Office:
District Court Judge Calls for Do Over in Settlement of CFTC Enforcement Action Against Food Giants After Court of Appeals Mostly Grants Commission’s Mandamus Request:
Court of Appeals:
DOJ Relies on Bitcoin Block Chain Analysis for Indictment of Leader and Users of Darknet Child Pornography Website:
US and Non-US Companies Charged by CFTC for Acting as Unregistered FCMs:
House Ag Committee Proposes CFTC Reauthorization That Includes Aiding and Abetting Expansion:
No Action Granted by SEC to NY Digital Trust Company to Settle Equities Transactions Without Clearing Agency Registration:
OCC Loses Effort to Have Scope of DFS Judgment Limiting National Fintech Charters Narrowed:
Purported Faulty Block Trade Reporting, Pre-arranged Trading to Obtain Exchange Incentive Fees and Failure to Supervise Result in NYMEX Disciplinary Action Settlements:
Spoofing Can Violate of Wire Fraud Statute Rules Federal Judge:
Trader Accused by SEC of Making Misstatements Regarding Bond Pricing Asks for Summary Judgement Claiming Practices Were Industry Norm:
Two Affiliated Broker-Dealers Agree to US $15 Million Sanction for Purported AML Program and Supervisory Deficiencies:
The information in this article is for informational purposes only and is derived from sources believed to be reliable as of November 2, 2019. No representation or warranty is made regarding the accuracy of any statement or information in this article. Also, the information in this article is not intended as a substitute for legal counsel, and is not intended to create, and receipt of it does not constitute, a lawyer-client relationship. The impact of the law for any particular situation depends on a variety of factors; therefore, readers of this article should not act upon any information in the article without seeking professional legal counsel. Katten Muchin Rosenman, LLP may represent one or more entities mentioned in this article. Quotations attributable to speeches are from published remarks and may not reflect statements actually made. Views of the author may not necessarily reflect views of Katten Muchin or any of its partners or employees.
That's why the coolest thing about traveling to London, San Francisco and New Orleans with Chowzter over the past two years has been meeting all the other contributors from around the world. They write blogs, run tours and share incredible photos of the local food/culture that we're dying to experience.
Even better, we've realized that they are just like you and me - regular people who love to eat/drink, love their cities and love the communities that are built around food. That's the perspective we trust and want to lead us to our next meal.
If you're traveling to any of the following cities this summer, please check out these great local writers we've met for their posts, videos, podcasts, tweets, instagrams, etc. with ideas on what to eat. And remember that much of what they write about are "fast feasts" - not fast food and not fine dining, but all the great local, affordable dishes in between (can you say Rotolo?) And if you don't see your destination city here, check out Chowzter.com and their new video site www.foodiehub.tv for quick suggestions in about 100 other cities.
(great name! he does BBQ tours too)
(check out his video of San Francisco, too)
Chicago - Roam & Home
Dallas - FoodBitch
Detroit - The Hungry Dudes
(middle school teachers write on happy hours!)
Washington, DC - Capital Cooking
Around the World:
Bankok, Thailand - Thai Street Food
Barcelona, Spain - Forever Barcelona (hosts food tours!)
Baja California and western Mexico - A Gringo in Mexico
Beirut - No Garlic No Onions
Bristol, England - Bristol Bites
Buenos Aires, Argentina - Pick Up the Fork
Caracas, Venezuela - Milsabores
Dubai - Ishita Unblogged
Glasgow, Scotland - The Glasgow Food Blog
Hanoi, Vietnam - Sticky Rice
Istanbul, Turkey - Istanbul Food
Jakarta, Indonesia - Eats and Treats
London, England - Eat Like a Girl
Manila, Philippines - Our Awesome Planet
Mumbai, India - Finely Chopped
Paris, France - Mathilde's Cuisine
Puebla, Mexico - All About Puebla
Rio de Janeiro, Brazil - Eat Rio
Seoul, South Korea - Seoul Eats
Singapore - Camemberu
Sydney, Australia - Simon Food Favourites
All around Latin America - New World Review
Gianni Infantino looked on but there were no fans in attendance as North Korea and South Korea drew 0-0 in a World Cup qualifier on Tuesday.
Gary Lineker's two-word reaction to Son's apology to Andre Gomes - originally posted on Sportslens.com
Tottenham Hotspur forward Son Heung-Min apologised to Everton midfielder Andre Gomes after scoring his first goal against Red Star Belgrade last night. Instead of celebrating after scoring, Son Heung-Min appeared to send an apology to André Gomes 💙 pic.twitter.com/scbRlFF3XT — ESPN FC (@ESPNFC) November 6, 2019 Spurs blew the Serbian Super Liga side away in their Group B Champions League clash to edge closer to the knockout stages, with the South Korean bagging a brace in the 4-0 win. Son decided against celebrating after scoring the opener, instead choosing to apologize to the Everton star with his gesture. The Tottenham
South Korea’s Park Min-woo, right, celebrates with first base coach Lee Jong-yeol after hitting an RBI single off Canada’s pitcher Dustin Molleken during the 9th inning of the group C of the WBSC Premier12 2019 world baseball tournament at Gocheok Sky Dome in Seoul, South Korea, Thursday, Nov. 7, 2019. (AP Photo/Ahn Young-joon)
South Korea’s Park Min-woo hurls his bat after hitting an RBI single off Canada’s pitcher Dustin Molleken during the 9th inning of the group C of the WBSC Premier12 2019 world baseball tournament at Gocheok Sky Dome in Seoul, South Korea, Thursday, Nov. 7, 2019. (AP Photo/Ahn Young-joon)
Canada’s Dalton Pompey slides safe into home plate against South Korea’s catcher Yang Ui-ji on a hit from his teammate Wesley Darrell during the 8th inning of the group C of the WBSC Premier12 2019 world baseball tournament at Gocheok Sky Dome in Seoul, South Korea, Thursday, Nov. 7, 2019. (AP Photo/Ahn Young-joon)
Canada’s pitcher Christopher Leroux tags out South Korea’s Kim Hyun-soo near the first base during the 7th inning of the group C of the WBSC Premier12 2019 world baseball tournament at Gocheok Sky Dome in Seoul, South Korea, Thursday, Nov. 7, 2019. (AP Photo/Ahn Young-joon)
South Korea’s Kim Jae-hwan reacts after hitting a RBI double off Canada’s pitcher Christoper Leroux during the 6th inning of the group C of the WBSC Premier12 2019 world baseball tournament at Gocheok Sky Dome in Seoul, South Korea, Thursday, Nov. 7, 2019. (AP Photo/Ahn Young-joon)
South Korea’s Kim Jae-hwan hurls his bat after hitting an RBI double off Canada’s pitcher Christoper Leroux during the 6th inning of the group C of the WBSC Premier12 2019 world baseball tournament at Gocheok Sky Dome in Seoul, South Korea, Thursday, Nov. 7, 2019. (AP Photo/Ahn Young-joon)
South Korea’s Lee Jung-ho hits a single off Canada’s pitcher Robert Zastryzny during the fourth inning of the group C of the WBSC Premier12 2019 world baseball tournament at Gocheok Sky Dome in Seoul, South Korea, Thursday, Nov. 7, 2019. (AP Photo/Ahn Young-joon)
Canada’s Jordan Lennerton hits a single off South Korea’s pitcher Kim Kwang-hyun during the 5th inning of the group C of the WBSC Premier12 2019 world baseball tournament at Gocheok Sky Dome in Seoul, South Korea, Thursday, Nov. 7, 2019. (AP Photo/Ahn Young-joon)
South Korea’s pitcher Kim Kwang-hyun walks to the dugout against Canada during the 5th inning of the group C of the WBSC Premier12 2019 world baseball tournament at Gocheok Sky Dome in Seoul, South Korea, Thursday, Nov. 7, 2019. (AP Photo/Ahn Young-joon)
https://God.blue/splash.php?url=cf4rtN2wBmuTXL3h60cbaEPwFKpSydRhsv2b_PLUS_woZ9022gdxUzjIy3DRW5PAr_PLUS_27C_PLUS_Vu4OKWYpk_SLASH__PLUS_EEW632Po7M26_PLUS_RZE0Pcw8b2L9eOZoW1C1y0fY03yoc6WeaXDqz6v Estuvimos en Suwon Hwaseong Fortress Theatre Festival, South Korea. ¿Quieres ver qué pasó? Carros de Foc es la primera compañía de Alicante (España) invitada a participar en Suwon Hwaseong Fortress...
Shares in SoftBank fell as much as 4% in Tokyo on Thursday after the company reported worse than expected losses for the third quarter.
Japan's broader Nikkei was mostly flat in afternoon trade. South Korea's Kospi Index declined 0.1%.
Hong Kong's Hang Seng Index edged down 0.4%, while China's Shanghai Composite fell 0.2%.
SoftBank reported operating losses of $6.5 billion after market close on Wednesday, weighed down by a massive hit to its tech fund. The Vision Fund has been hit by big losses in portfolio companies such as Uber and WeWork.
The stock recovered some of its losses by mid-morning Thursday and was last trading down about 2.5%.
SoftBank founder and CEO Masayoshi Son admitted he turned a "blind eye" to governance problems at WeWork, and said he learned a "harsh lesson" from the office sharing company's botched IPO attempt.
Bernstein analyst Chris Lane said in a research note Wednesday that Son's rescue package of WeWork "will vastly improve the return profile." He predicts that with better corporate governance and cost controls, WeWork "will turn cash flow positive in [about] 18 months."
Toyota, meanwhile, rose 0.9% in Tokyo after the company reported strong profits. The carmaker reported net profit of 1.27 trillion yen ($11.7 billion) for the first half of the year, a 2.6% increase over the same period last year.
In Hong Kong, shares in Hong Kong Exchanges and Clearing fell 0.5%.
The company, which operates the Hong Kong Stock Exchange, reported net profits of 2.2 billion Hong Kong dollars ($280 million) for the third quarter, slightly lower than market expectations. The exchange abandoned a bold, $37 billion bid to buy London's Stock Exchange last month.]]>
You’ve got countless reasons to fall in love with South Korea, the land of dramatic fall foliage, delicious samgyeopsal, and massive K-Pop phenomenon. But before your excitement takes you too far, know that South Korea has a deep respect for their culture. Locals will appreciate your effort as a traveler to learn and value Korean […]
Suspected North Korean hackers stole technology-related data from the computers at Kudankulam Nuclear Power Plant. The cyber attackers, who deployed a malware designed for data theft, were backed by the North Korean government, said IssueMaker Labs, an expert group of malware analysts based in South Korea. “We have found that Nuclear Power Plant technology-related data […]
The post Kudankulam cyber attack: North Korean hackers stole technology data appeared first on Netive.
Six weeks ago sentiment was skewing rather negatively towards the opinion that acrimonious disputes between neighbours like Japan and South Korea, the UK and EU and competitors like China and the USA were going to get worse, a lot worse. Today peace seems to be breaking out globally and that is removing a risk premium from markets.
Black Desert Online developer Pearl Abyss announced three new games that it currently has in development and will be revealed in more detail at G-Star 2019 in Busan, South Korea next week, on Thursday, Nov. 14. PLAN 8 is described as an “exosuit MMO shooter,” while DokeV is a “collectible MMORPG for all ages. The […]
Find more about Pearl Abyss Announces Three New Games: MMO Shooter, Collectible MMORPG, And Open-World MMORPG on MMOBomb
9:05p ET Tuesday, November 5, 2019
Dear Friend of GATA and Gold:
Bullion Star gold researcher Ronan Manly tonight details some of gold's great rescues in extreme political circumstances, from Vietnam to South Korea to Argentina to Venezuela and to Zimbabwe.
Manly's commentary is headlined "The Power of Gold in Times of Crisis" and it's posted at Bullion Star here:
CHRIS POWELL, Secretary/Treasurer
Great Bear Drills New Near-Surface High-Grade 'Yauro Zone' Discovery at Dixie:
VANCOUVER, British Columbia, Canada -– Great Bear Resources Ltd. (TSX-V: GBR) today reported new results from its ongoing, fully-funded 90,000-metre drill program at its 100%-owned Dixie project in the Red Lake district of Ontario.
Three new gold discoveries have been made and drill results disclosed in this announcement are from the following zones along the LP Fault: Yauro (new zone), Viggo (new zone), Bear-Rimini, Northwest of Bear Rimini; and along the North Fault (new zone), which runs parallel to the LP Fault. ...
Results include: 32 g/t gold over 2.65 metres and 21.33 g/t gold over 3.30 metres, within a wider interval of 5.14 g/t gold over 37.40 metres; 30.66 g/t gold over 3.45 metres, within a wider interval of 5.60 g/t gold over 25.25 metres; and 35.96 g/t gold over 1.73 metres, within a wider interval of 2.01 g/t gold over 66.20 metres. ...
... For the remainder of the announcement:
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In an extremely unusual case, South Korea on Thursday deported two North Koreans after finding out they killed 16 fellow crew members on their boat then fled to South Korean waters, Seoul officials said.The two men in their 20s were sent back to the North through the truce village of Panmunjom on the border.“The government has decided to deport them as they have committed a heinous crime. They cannot be treated as refugees under international laws,” ministry spokesman Lee Sang-min said. “They…
It was date night for Han Ah-eum. The 27-year-old office worker and her boyfriend decided to catch a screening of Kim Ji-young, Born 1982, South Korea’s critically acclaimed drama and box office hit about a woman who becomes a stay-at-home mother.She did not expect to find herself in an argument with her partner afterwards.“My boyfriend said he wondered if his mother and aunts had faced such struggles,” Han said.“He also thought the main character’s husband was unrealistically perfect because…
South Korean outlier edging ahead
Hyundai Motor Co. hoping to get its mobility message across to consumers? There's an ad for that.
The South Korean automaker is getting creative in how it demonstrates its vision for the future of mobility to everyday drivers.
Tuesday the company released five commercials as part of its #BecauseofYou campaign to demonstrate its recommitment to micromobility and autonomous, fuel-cell and robotics technologies.
The spots were meant to spur real-life connections between people and Hyundai's mobility offerings and illustrate the ways the automaker's mobility offerings "empower people to pursue their passions," according to a statement.
"Hyundai Motor will continue to communicate its vision of prioritizing progress for humanity, and help make real-life connections and deliver meaningful experiences for our customers," Wonhong Cho, chief marketing officer of Hyundai, said in the statement.
Four of the videos illustrate how Hyundai vehicles fit into the mobility landscape in major cities: Chongqing, China; Amsterdam; Seoul; and Los Angeles.
The Amsterdam video shows a worker operating a Nexo fuel-cell crossover that parks itself and a Hyundai "last mile" electric scooter. The Seoul-themed clip shows a para-athlete using Hyundai's robotics technology, and the Los Angeles-centered video displays more of Hyundai's autonomous technology. The Chongqing video shows the Nexo plugged in, "powering" a mother-daughter moment.
The final video summarizes these four storylines into the ways people can "overcome the boundaries of time and space to enhance the quality of their experiences" using Hyundai technology.
Much like most other major automakers, Hyundai has been upping its investments and partnerships in mobility, especially autonomy. The automaker's recent joint venture reveal with automotive technology supplier Aptiv will advance the companies' development of Level 4 and 5 technologies.
--Alexa St. John
Europa parlament Dokumente delegationen: General documents - 21st EU-Republic of Korea Inter-Parliamentary Meeting, Brussels, 4 November 2019 - Delegation for relations with the Korean PeninsulaCache
A South Korean delegation from the National Assembly along with its Ambassador had a fruitful two-day visit in Brussels on the occasion of the 21st Inter- Parliamentary Meeting.
“The man of system… is apt to be very wise in his own conceit; and is often so enamoured with the supposed beauty of his own ideal plan of government, that he cannot suffer the smallest deviation from any part of it.”
— Adam Smith,
Theory of Moral Sentiments (1759), Part VI, Section II, Chap. II.
SINGAPORE — I came here to be one of the speakers in a forum on “Intellectual Property Rights and Economic Growth” organized by the Adam Smith Center, a new independent think tank headed by a young and dynamic leader Bryan Cheang. The event was held at the Singapore Management University (SMU) School of Law.
In my presentation on “Importance of Brands and Government Policy,” I used that quote from Adam Smith, the father of market economics, to highlight the fact that too much central planning and over-reaching regulations and prohibitions by governments are wrong, that they invite the law of unintended consequences.
The other speakers in the forum were Lorenzo Montanari of the Property Rights Alliance (PRA), Dr. Sary Levy-Carciente, author of the International Property Rights Index (IPRI) 2019, and Dr. Linda Low of the Singapore University of Social Sciences (SUSS) School of Business. Dr. Chandran Kukathas, Dean of the School of Social Sciences of SMU gave the welcome message.
Among the things that Dr. Low discussed in her presentation was their ageing population and the rise of migrant workers from neighbor Asia engaged in “3D” work — dirty, dangerous, demeaning — that the locals are not inclined to take.
Having an ageing population when the economy is already prosperous and developed would invite cultural and fiscal problems someday. Who will take care of the many old and retired people when their children and grandchildren are busy in work or school, like changing adult diapers — robots or migrant health workers?
I checked data for age dependency of young people — the higher the number, the better for a future “army” of workers and entrepreneurs and hence, for economic growth — and here is what I got. (See Table 1.)
True enough, in our hotel here, while the concierge staff are young Singaporeans and some Filipinos, many in the restaurant are locals looking to be in their 40s to 60s. The room cleaners are young migrants perhaps from Indonesia, India, and Bangladesh.
Past policies of high government intervention in family planning can backfire today or tomorrow. And this reminds me again of state-sponsored and taxpayers-funded population control measures under the controversial RH Law of the Philippines. If it was a good idea, it would not require legislation and rely on civil society voluntary funding (like Gawad Kalinga, Rotary Homes, Books for the Barrios, etc.) but because it was a bad idea, it needed legislation to coerce more taxpayers funding.
One noticeable thing in highly developed economies like Singapore is the seeming absence of many informal enterprises that compete with the formal sector. Thus, the sidewalks are really wide and clean, with no ambulant vendors that spring up from anywhere and often impede the paths of pedestrians or cars.
One interesting bit of data I came across while I was scrolling the World Bank database is competition by unregistered firms (see Table 2). Hong Kong, Japan, South Korea, and Singapore have no data, so either they cannot get reliable data, or all firms there are registered.
And this further shows one result of too much business regulation by governments, especially by socialist ones like China, Vietnam, and Laos. India’s constitution also declares itself as socialist.
The Philippines’ three new laws — Ease of Doing Business (EODB), Anti-Red Tape, and One Person Corporation — would encourage more Philippine entrepreneurs to go formal while restricting the grubby hands of corrupt bureaucrats from prolonging the agony of business registration and renewal of permits to solicit extortion and bribes. Kudos to the Department of Trade and Industry and Secretary Ramon Lopez for leading these reforms.
We need more economic reforms like even lower personal and corporate income taxes. The ASEAN Economic Community has unleashed tax competition among member countries to attract more investors from the region and rest of the world.
KUALA LUMPUR — I came to the capital city of Malaysia to speak at the Liberalism Conference of the Institute for Democracy and Economic Affairs (IDEAS) last Saturday, along with the launching of the International Property Rights Index (IPRI) 2019 by the Property Rights Alliance.
Whenever I go abroad I always observe how high or low the energy use is of the cities that I visit. It is obvious that energy use here in Kuala Lumpur is high — streets, tollways, buildings and other structures are well lit at night, there are many MRT, LRT, and Monorail (running on electricity) trips per hour and the MRT/LRT stations underground are well lit and air-conditioned.
Malaysia has only 32 million people and its total electricity generation in 2018 was 168 tera-watt hours (TWH). In contrast, the Philippines has 108 million people and its electricity generation last year was only 100 TWH. Malaysia depends largely on natural gas plus coal (65 + 68 TWH) for power generation and this energy mix is similar to Japan’s.
I revisit two data sets that I put in my two recent energy columns here. Again, data on coal consumption in million tons oil equivalent (mtoe) is from the BP Statistical Review of World Energy (June 2019), data on population and GDP growth are from the World Bank, World Development Indicators database (August 2019). Dividing coal consumption over population, the kilos of oil equivalent (koe) per capita is derived. Growth rates in coal use and GDP are averaged per 10 years.
Three trends and facts emerge from the numbers in the table.
One, countries with high consumption of cheaper energy like coal, represented by their high coal koe per capita, also have higher income — Australia, South Korea, Taiwan, China, Japan, and Malaysia.
Two, the Philippines has the lowest, the smallest coal consumption among the major and emerging Asian economies — only 153 koe per person in 2018. Only one-fourth of Malaysia, one-sixth of Japan, one-ninth of China, and only 1/11 of South Korea and greenie Australia. Hong Kong’s per capita was 662 in 1998 and 837 in 2018 while Singapore’s was 0 in 1998 and 163 in 2018 or slightly higher than the Philippines. And the anti-coal groups and people in the Philippines say that ours is already high and scary that we should stop building new coal plants and retire soon existing ones? Lousy and idiotic argument.
Three, there is clear correlation between growth in cheap energy coal consumption and growth in GDP, at least for the countries covered above. Australia, Japan, and South Korea decelerated coal use from 2006 to 2018 and they also experienced growth deceleration. Malaysia, Vietnam, India, Indonesia, and the Philippines retained their high coal use and they also retained their high GDP growth.
While most anti-coal groups are watermelon (green outside, red inside) activists, some are outrightly pushing for their natural gas business. Demonize coal, prevent the construction of more coal plants so that the big distribution utilities and electric cooperatives will be forced to buy from their soon imported and more expensive LNG power to prevent massive blackouts in the country due to insufficient power supply.
Again, climate change is cyclical and natural, the warming-cooling cycle having been going on since planet Earth was born some 4.6 billion years ago. This is nature-made global warming and global cooling, not man-made or anthropogenic. The deceptive and dishonest “man-made” Climate Change narrative is part of global and national corruption to justify endless and rising oil/carbon taxes, renewables subsidies, climate loans, climate bureaucracies, and junkets.
We need more energy security to sustain fast economic growth and job creation. Cheap, stable and reliable energy that is dispatchable on demand, requires less land per MW of power generation. It is not dependent on the weather and requiring huge tracts of land that can otherwise be used for more food production and forest protection.----------------
“CARP has instead effected a massive de-formalization of agriculture! Time to allow agriculture to march out of the informal into the formal sector. It is time, in other words, to stop redistributing poverty!”
— Dr. Raul Fabella, “CARP: Time to Let Go,”
UPSE Discussion Paper 2014-02, February 2014
Unlike agrarian reform in Japan, South Korea, and Taiwan that lasted only for several years before forced land redistribution was halted, the Philippines’ agrarian reform is endless, with no timetable — a forever program.
Former President Marcos declared his own agrarian reform in 1972 and when he was ousted, former President Cory Aquino implemented another version, the Comprehensive Agrarian Reform Program (CARP, RA 6657, June 1988). CARP should have ended by 1998 but it was extended under RA 9700 (August 2009). So from 1972 to 2019, there have bee 47 years of agrarian reform and there is no plan to end it.
Endless agrarian reform is wrong because it creates endless business uncertainty in two sectors, agribusiness and mass housing programs.
First, an agribusiness person develops an idle or ugly piece of land into a productive, revenue-earning fruit orchard. Rural jobs are created, food production is expanded, and that is also where the Department of Agrarian Reform (DAR) can come, knock on the person’s door to inform him/her that the land will soon be forcibly distributed to the workers. And this contributes to why many rural areas remain planted to traditional low-value crops.
Second, real estate developers endure many years of waiting for the DAR to approve land conversion from agricultural to mass housing projects.
I spoke with Jeffrey Ng, a fellow alumni of the UP School of Economics (UPSE) and President of our UPSE Alumni Association. He is also the Chairman of the Subdivision and Housing Developers Association (SHDA). Jeff said that they have to “get approval from National Irrigation Administration, Philippine Coconut Authority, Sugar Regulatory Administration, then the Department of Agriculture itself. Only then can we apply for actual conversion with DAR. After which comes LGUs, DENR (Department of Environment and Natural Resources) and HLURB (Housing and Land Use Regulatory Board). All these delays cost money and interest, which unnecessarily raises the cost of socialized and mass housing projects.”
President Rodrigo Duterte has ordered that this entire land conversion process should not take more than 30 days. Jeff said that it can be done if all these government agencies and departments will put up a one-stop shop under the new Department of Human Settlements and Urban Development.
Some 6.5 million Filipino families do not own a house yet, so the supply of buildable land for affordable mass housing should increase. And DAR and endless agrarian reform is part of the problem. This is agrarian and property leftism.
Related to this is the low score and global ranking of the Philippines in property rights protection like land. Small- and medium-size landowners are unsure if they can continue ownership and control of their land in the next 10 or 20 years.
In the International Property Rights Index (IPRI), an annual study by the Property Rights Alliance (PRA, Washington DC), the Philippines ranks low. The index is composed of three components: Legal and Political Environment (LPE), Physical Property Rights (PPR) and Intellectual Property Rights (IPR). LPE has four sub-components, IPR has three, and PPR also has three — Protection of physical property, Registering property, and Ease of access to loans.
In overall IPRI, the Philippines ranked 77th out of 118 economies in the 2010 Report, improved to 70th out of 125 economies in the 2018 report. In PPR, the Philippines has significantly improved over these years, ranked 80th in the 2010 Report and 63rd in the 2018 Report (See Table).
IPRI 2019 will be launched on Oct. 16 at Fairmont Hotel. How will the Philippines rank then, both in IPRI overall and PPR?
Report author, Dr. Sary Levy-Carciente, an economist from the Universidad Central de Venezuela, and a Fulbright Visiting Scholar at Boston University, Center of Polymer Studies, will come to discuss the report. PRA Executive Director Lorenzo Montanari will accompany her. The local partners of this event are the Foundation for Economic Freedom (FEF) and Minimal Government Thinkers.
The words of Dr. Fabella, a National Scientist, my former teacher, and our former Dean of UPSE, should be heeded by legislators and the administration, to finally end the endless forced redistribution of private lands.--------------
The continuing anti-coal paranoia of many leftist political groups and greenie environmentalists is largely based on emotion and alarmism, far away from reason and energy realism. And based on watermelon activism — green on the outside, red on the inside.
I constructed this table below to show why I said this. The data on coal consumption in million tons oil equivalent (mtoe) is from the BP Statistical Review of World Energy (June 2019), the data on population is from the IMF World Economic Outlook database (April 2019). Simply dividing coal consumption over population we can derive the kilos of oil equivalent (koe) per capita. (See Table 1).
Does the Philippines’ coal consumption of only 153 koe per person in 2018 appear to be “too scary, too Frankensteinin,” that the country should limit — if not stop building — new coal plants and phase out old coal plants? If it is too scary, then how would the watermelon activists call the coal consumption per capita of Australia, South Korea, Taiwan, and China which are nine times to 11 times larger than the Philippines’ — horribly Frankensteinly scary?
Aside from the mythical claim that the Philippines already has big coal power capacity, another dishonest claim by the paranoid anti-coal groups is that coal power will only produce more expensive prices as “stranded costs” that the consumers have to pay for decades. Far out.
The biggest private distribution utility in the country, Meralco, has successfully conducted a Competitive Selection Process (CSP) bidding and got contracts for 1,200 MW of baseload (power plants running 24/7) power with the following all-in prices, VAT inclusive: South Premiere Power for 670 MW, P4.93/kWh; San Miguel Energy for 330 MW, same P4.93/kWh, and PHINMA Energy 200 MW, P4.88/kWh.
Two things are notable about these future fixed generation prices: One, they are cheaper than recent generation charges by the company which were P5+ per kwh. (See Table 2)
And two, coal prices would go up further in 2020 and beyond because of the higher excise tax on coal under the TRAIN law, from P10/ton to P50/ton in 2018, P100/ton in 2019, and P150/ton in 2020. And yet future prices of coal power for electricity will go down to below P5/kWh.
Another group of energy leftists rallied to oppose the 1,200-MW Atimonan One power plant because it is a coal plant. Going back to Table 1 as previously mentioned, we have very little coal power consumption despite having zero nuke power, little natgas power from the ageing Malampaya gas field, and ageing hydro, geothermal, and coal plants. If the lefties succeed in opposing new coal plants, we are courting a scenario of frequent blackouts in the coming years.
The anti-coal groups and activists can only mouth slogans and emotional statements, not facts-based research. They should not brag in their lousy and emotional campaigns, they should be ashamed instead because they are dragging the country towards darkness and frequent blackouts, of less power reserves but more political noise.--------------------
Me Too movement in South Korea has exploded since 2018 with prosecutor Seo Ji Hyun’s interview on major news network JTBC. She testified against her superior and senior prosecutor, Ahn Tae-geun, who had sexually assaulted her in public. Her interview was powerful not only because of her intrepidity to expose her own perpetrator; it was her uncovering of how the Supreme Prosecutors’ Office of the Republic of Korea, the towering presence that has a significant impact on the South Korean legal and judicial system, was trying to cover up the assault case and then retaliate against Seo by demoting her.
Seo’s interview resonated powerfully, especially with those of who had been under the impression that women in the upper echelon of the society, especially a prosecutor, would be relatively more safe from sexual violence in the workplace. As was somewhat expected, a series of other high profile sexual harassment and assault cases both in and beyond the political offices and government bodies would soon follow, similar to the way in which #MeToo had started a chain of reactions in the US where the hashtag movement first became mainstream. Seo’s interview, however, prompted a series of posts shared on Facebook and other online platforms against sexual assault perpetrators by an unexpected group of people amidst the explosion of high-profile Me Too cases: theatre actors.
The fact that theatre actors’ Facebook posts were met with a complete surprise and that they sent a shock wave throughout the entire nation is partly shaped by the general public’s skewed perception: somehow, theatre as an artistic genre and a form of community is considered to be detached from the real world, and that theatre world has just recently come to reckon with its own history of sexual violence only after the initial #MeToo circulation. This stereotype, or what one might call antitheatrical prejudice, tends to treat theatre as exceptional space and overlooks the fact that theatre actors have had to deal with sexual violence, but only internally due to the potentially fatal risks associated with speaking out. This prejudice has had an impact on performing arts not just in South Korea but globally. As a result, theatre actors’ efforts to bring justice to the field of performing arts received widespread media coverage.
However, how online and digital cultural practices have enriched, if not enabled, the movement deserves more attention. Describing what could only be considered as decades-long serial rape and sexual harassment cases, several actors chimed in on Seo Ji-hyun’s interview by publicly posting on Facebook and one of the biggest South Korean online forums DC Inside about their own experiences with artistic directors and producers Lee Youn-taek, Yoon Ho-jin, Oh Taeseok and Ha Yong-bu, to name a few. These internationally acclaimed artists, whose works focus on nationalized decolonial theatre-making by adapting and rewriting well known dramatic canons of Shakespeare and other European playwrights, have been much studied and praised in South Korea and abroad in the field of performing arts and regarded as champions of theatre innovation. The actors’ posts struck many readers as shocking, not simply for the fact of sexual assault perpetrated by respectable artists, but more because the entire performing arts industry had been able to normalise rape culture for as long as several decades.
What has partly shaped this normalisation is that performing arts troupes in South Korea often function like a tightly-knit clan or a closed network of fictive kinship (many of the accused artists were leaders of theatre collectives and communes, where they would live, train and rehearse with actors for months in preparation for large scale productions and international tours), where leading male directors are regarded as “masters” and father figures to young actors and directors in training. This hierarchical relationship relies on a constant performance of intimacy and emotional labour, often sustained by what is infamously known as gapjil, bullying and intimidation by someone who abuses their power and privilege, and wiryeok, a form of power that one may wield using their position especially in a workplace. Unwanted physical contact, verbal abuse and sexualisation of actors have been tolerated and inherited from a generation of theatre-makers to another all under the guise of teaching theatre methods, practising pedagogic relationality, and building a stronger community.
Theatre actors are also bound by the legal hurdles and risks specific to the South Korean context, which often act as a silencing mechanism for victims, activists and whistleblowers. Some point out that the cartel-like culture amongst powerful perpetrators, like that of the theatre community, feeds on the gaps in the existing legal and institutional structure. For instance, sexual offenders have used a defamation and libel suit to retaliate against victims, who may then feel the pressure to retract their statement or drop an ongoing lawsuit. The withdrawal potentially affects the accusing victims adversely, for the offender can then file a criminal complaint against them for having made a false statement in the first place. Thus, anti-sexual violence activists and legal experts criticize the relative convenience and expediency in bringing a defamation suit against accusing victims. For example, an offender may simply submit a screenshot of texts on a social media platform posted by an accusing victim as a piece of evidence of defamation. In such a case, victims will be summoned by the police to “disprove” the offender’s claim. Compared to this, accusing victims must often endure a long, arduous and often traumatizing process, at various levels of which they must rehearse their statement of experiences and details of sexual assault over and over again until they are proven truthful enough.
#MeToo movement in South Korea has thus brought the public’s attention to the vague expressions in the existing Article 307 of the Criminal Law, and many have called for a revision of the article to protect sexual assault victims against further victimization and legal liability. The existing clauses may as well be abused to mean that simply making public statements about the “facts” of sexual assault will constitute a criminal offence. Indeed, defamation suits were swiftly filed against activists and victims in high-profile #MeToo cases involving Kim Ki-duk, internationally acclaimed and award-winning film director, and Ko Un, poet and Nobel Prize front runner. The court found that their defamation complaints had no grounds, and both Kim and Ko lost their cases. However, cases like these have a long-lasting impact, which continues to haunt not just the victims but also the involved activists, journalists and lawyers. Anti-sexual violence activist groups and victims in the arts now demand that the Ministry of Culture, Sports and Tourism implement measures to protect and support sexual assault victims threatened with legal actions.
While the theatre Me Too movement gained traction thanks to the wave of support through successful albeit difficult legal battles and anti-sexual violence public discourse, there has been little to no serious attention paid to how digital culture and its practices actually affected and enabled the movement beyond the more general impact of the #MeToo circulation, with regard to the theatre Me Too movement and the broader anti-sexual violence movement online. To be sure, hashtag activism like the #MeToo movement is not without its own limits, especially considering its potentially colonising effect. At times, it seems to undermine and flatten out complex and nuanced discussions within an ongoing political discourse unique to a local context, and capitalises on what Khoja-Moolji calls the “affective intensities” that often rely on outdated and hegemonic understandings of survivors and various agents involved (such as the young women in the Nigerian Boko Haram kidnapping case, the concerns around which were shared through #BringBackOurGirls).
Nevertheless, it is equally important to recognise that, in the South Korean context, #MeToo also builds upon and is in dialogue with ongoing uses of hashtags such as #연극계_내_성폭력 (“#sexualviolenceintheatre”) or #예술계_내_성폭력 (“sexualviolenceinthearts”), which had been circulating since 2016, predating Seo Ji Hyun’s interview and the actors’ public posts. This calls for more engaged and digital culture-specific discussions around how #MeToo, in return, has had an impact on the existing online spaces where other forms of hashtagging were already calling out perpetrators and various fields of the arts and culture in 2016. Some of these hashtags include #__내 성폭력 (“#sexualviolencein___”), which Facebook and Twitter users filled with “literature,” “filmmaking,” “dance” and so on. Facebook users like myself participated in a “relay tagging,” or what is more widely known as a hashtag challenge, to call attention to sexual violence in South Korean literature and publishing industry by using #참고문헌없음 (“#withnoreferences”) and #문단_내_성폭력(“sexualviolenceinliteraryworld”) in 2017. The hashtag was in reference to the women writers’ refusal to be part of the tradition and legacy of the literary world dominated by male writers and their normalisation of sexual violence within literary circles. The campaign was initiated by women writers, who contributed to an anthology, <참고문헌 없음> (With No Reference) as a result of this hashtag movement.[Fig1] The anthology was funded through a crowdfunding campaign, which collected over sixty million Korean won (the equivalent of sixty thousand U.S. dollars) from over two thousand donors.
Taking this context into consideration, what I suggest here is that the long-term, sustained online cultural practices by the theatre fandom have given much-needed support and momentum for the theatre actors in the 2018 Me Too movement. At the same time, the theatre Me Too movement has, in turn, prompted the fandom to renew their interests in and sense of belonging to the field of performing arts. These have evolved into a series of collective actions that demand more accountability and self-reflexivity from both theatre-makers and audiences. This dialogue between various old, new, and extant online communities of people also signals a new way of producing, sharing, disseminating and archiving knowledge of sexual violence in performing arts, in which “insider knowledge” and the interior workings of the artistic prerogative of the select few “masters” have always remained somewhat opaque to a general audience. For example, the theatre Me Too movement was unique in that the fandom mobilised theatregoers primarily on online platforms and fan forums to boycott productions staged by the accused directors. They then expanded this and took to streets to stage sit-ins, rallies and audience-led post-show gatherings, during which they used a hashtag, #With_You, as a response to #MeToo.
Theatre and Musical Gallery (연극뮤지컬갤러리), a public subgroup within the popular online forum DC Inside, played an especially crucial role in helping both actors and fans’ interests and concerns coalesce. DC Inside, which originally opened in 1999 as an online forum where users exchanged information about digital cameras (hence the name, “DC”), has produced a wide array of subcultures and grown to host around two thousand open boards, or “galleries,” where users discuss topics ranging from cars to K-pop idols to current political affairs. Despite the rampant culture of misogyny and radical right-wing politics within DC Inside, Theatre and Musical Gallery remains to be a rich deposit of news clippings, video documentations, diverse user remarks and survivors’ accounts of sexual assault cases posted and compiled by the frequent posters. The site was a place where, in addition to Facebook and Twitter, a number of actors and university students majoring in acting came forward to call out their teachers, directors, playwrights, choreographers and senior members of performing arts troupes. Theatre and Musical Gallery and the theatre Me Too movement erupted into what could be considered a unique way of sharing narratives of and assembling fragmented information about gender and sexual politics in performing arts.
These instances partly illustrate how both online cultures and “offline” mobilization continue to synergize one another. Rather than understanding online data to be simply feeding the “offline” movement or merely mirroring what happens physically “on site,” online communities and digital cultural practices associated with the theatre Me Too movement show us how a new network of previously disparate individuals can emerge, connecting feminist activists, legal experts, theatre actors and theatre audiences together. This also calls for an initiative to theorize how the linkage between online cultural practices, discursive circulation, theatre stage and pre-existing activism is sustained or challenged in an unexpected direction compared to the non-North American and non-European context, where consent, theatre-making and terms of labour conditions may be defined and applied very differently. A case in point is also demonstrated by one of the theatre Me Too survivors, Park Younghee, who wrote that the theatre Me Too movement, which had started with a series of separate, individual survivor stories online, quickly grew to help form a group of twenty-three plaintiffs and a coalition of legal and academic experts who brought down Lee Yountaek in a legal battle.
These initial cases of online mobilization and hashtag circulation have also resulted in Theater with You, an online coalition of theatre actors against sexual violence on Facebook, which organizes online petitions, seminars, workshops, press conferences and group visits to trial hearings to name a few of its various activities. One of its achievements is its online distribution of a handbook about how to challenge and survive an exploitative situation on stage, in rehearsals, in practice spaces and on backstage as actors or junior staff members. Modelled after the Chicago Theatre Standards (CTS) and the hashtag campaign, #NotInOurHouse, the handbook becomes a toolkit for actors and creative staff to imagine and map a creative space that protects and allows for a more ethical and democratic relationship among the theatre community as a whole. Despite how some of the mainstream think pieces characterize the Me Too movement as having only just arrived in South Korea, the sustained engagement of the actors, activists and theatre fandom with a series of culture-specific online practices, online community spaces and offline mobilizing urges us to reconsider the ways that the Me Too movement maps a different geography in the South Korean context.
 I refer to both the hashtag (#MeToo) as a circulating reference point, and the label “Me Too movement” to specifically recognise the local context, in which protests as well as legal and political acts have been part of mitu undong (미투운동 The Me Too movement) in South Korea.
 This piece follows the Korean naming convention, in which the last name comes first, followed by the first name.
 See, for example, Global Shakespeares: Video and performance archive. https://God.blue/splash.php?url=MvoSS2pRcN0qJakUdjUI88V7_SLASH_e9_SLASH_RYcXjOdk0upKz9swJ4PWncJuFhHP_SLASH_G94G1NwUyO1OLnVtdm8eDApeEOjSGot98Tc73nXy11pHLNE6Nskxp_PLUS_NWSuRwqO9lkSMZ_PLUS_7QE2y8H_PLUS_mCH79LwXuNaSMvNQ_EQUALS__EQUALS_; Lee, H. (2015). Performing the Nation in Global Korea: Transnational Theatre. Basingstoke: Palgrave Macmillan; Modern Korean theatre. In K. J. Wetmore, Jr., S. Liu, & E. B. Mee (Eds.), Modern Asian Theatre and Performance 1900-2000. London; New York: Bloomsbury.
 Lee Youn-taek, the internationally renowned theatre artist and sexual assault perpetrator who led theatre company Yeonheedan georipae (Yeonhee Street Theatre Troupe) and theatre commune Milyang Theatre Village, reportedly said that he was being punished for doing what the theatre world had always considered its tradition, and that the general public did not seem to understand the prerogative of theatre artists.
 Khoja-Moolji, S. (2015). Becoming an ‘intimate publics’: Exploring the affective intensities of hashtag feminism. Feminist Media Studies, 15(2), 347-50. See also https://God.blue/splash.php?url=HEXm2v4g3fTPla4k_SLASH_u3E1vVPn9vu7tlI5TPBZw0T1SfGo8sbXC_PLUS_W6f3YDlq29q3yjXaatU_SLASH_xGk_PLUS_gPFpYajRauqnie_SLASH_c2UyJh5J34FCO_SLASH_XN361ETpwkuvUQwIzUXSHd6v.
 See also, Kim, M. (2017, 28 April). 가해자가 기록한 #예술계_내_성폭력 (#Sexualviolenceinthearts documented by a perpetrator). 문화플러스서울 (Culture plus Seoul). https://God.blue/splash.php?url=GM2ZgFdO_PLUS__SLASH__PLUS__SLASH_Y8_PLUS_joPqUGTG3fTyvuFQ16qRRa8nuB9y3gcF7HHeMS_SLASH_f0UYOslcL3rQKNG34SOg6ImyXOMDVZCmorn5uNRc4GBAPKgeiXNpI_EQUALS_
 The phrase itself had been introduced by Tarana Burke in 2006 on MySpace before it spread globally in a hashtag form primarily prompted by the women who spoke out against Hollywood producer Harvey Weinstein in 2017. See Abby Ohlheiser, “The woman behind ‘Me Too’ knew the power of the phrase when she created it - 10 years ago.” The Washington Post 19 October 2017.
 Kim, B., & Kim, B (Eds.) (2019). 그것은 연기가 아니라 성폭력입니다 (It is not acting; it is sexual violence). 스스로 해일이 된 여자들 (Women who have become tidal waves). 서울(Seoul): 서해문집(Seohaemunjip). 128-51.
 Recent studies on the uses of hashtags in online feminist activism and progressive social activism commonly point out how the personal/private narratives of survivors of sexual assault and workplace harassment have taken to online where their voices are amplified, and where they can share the sense of solidarity with a mass group of sympathetic yet anonymous users. See 김효인 Kim, H. (2017). SNS 해시태그를 통해 본 여성들의 저항 실천 - ‘#00_내_성폭력’ 분석을 중심으로 (Women’s resistance action seen through SNS hashtags -- Focusing on ‘sexual violence in 00’”). 미디어, 젠더 & 문화 (Media, Gender, and Culture), 32(4), 5-70; 김희정 Kim, H. (2016). 우리는 모두 ‘사건’에 응답해야 한다 -- ‘00 내 성폭력’ 해시태그 운동에 부쳐 (We all have to respond to the ‘incident’ -- on ‘sexual violence in 00’ hashtag campaign). 진보평론 (The Radical Review), 70, 278-88; 조서연 Cho, S. (2016). 남성 연대의 구성과 균열 - 성폭력 폭로 해시태그와 박근혜, 최순실 게이트에 부쳐 (Construction and fissures in male solidarity – on anti-sexual violence hashtags and the Park Geun-hye-Choi Soon-sil scandal). 문학과 사회 (Literature and Society), 29(4), 35-49.
 See the forthcoming issue of Performance Paradigm, in which co-editors Caroline Wake and Emma Willis critique how research on feminism of the Southern Hemisphere in theatre and performance studies has provided “raw data” to the studies in “metropole,” notwithstanding the continued regional differences as well as consistent efforts to theorize feminist theatre and performance. https://God.blue/splash.php?url=59iBQ8XyXZ8BtEzSH_PLUS_s1qaw4a8wGiMX8nS0h4j6Cr4njhwncEJ5ExXv33HxVrbJaY4AE5hyhehsWcrt_PLUS_Ir8_SLASH_gLf9vpV72YqYspe9vjg_PLUS__SLASH_Lf_SLASH_sZPUn02W2E608Hi163oAF_SLASH_AfgnxHclXRLANuG_SLASH_Vw9HtYJuXdjYtXIgqvSdR1ShM_EQUALS_.
 박영희 Park, Younghee. (2018, 8 October). 기울어진 극장 미투 이후, 건강한 예술계를 위해 싸우는 여성들 (Unlevel stage After the Me Too movement, women fight for a healthier world of the arts). 여성신문 (Women News). https://God.blue/splash.php?url=4_PLUS_rTXTRfrVYKTSoWuIObZWqK7zIJNW_SLASH_tGEQD20Is3GAP_SLASH_coV9v5GynB_SLASH_U7HP6ZW1BSK3C0oF68ZwSMnw4eHk2pvqrDNdh6jVqZZNwrAAhrn8Ls7w5DQzZ7cKf_PLUS_hE7bplAZUgOC7ocPDf_PLUS_EMlZG7n9Q_EQUALS__EQUALS_.
Today, December 1, 2009, marks the 22nd observance of World AIDS Day. World AIDS Day is an international day of remembrance dedicated to honoring those who lost their lives to HIV/AIDS. It is also a day of action that inspires the world to push forward with purpose and determination on education, prevention and treatment initiatives related to HIV and AIDS.
“We are on the cusp of a dangerous time,” a peace delegation declared at the UN.
The post South Koreans Are Pleading for a Breakthrough in the US–North Korea Talks appeared first on The Nation.
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South Korea deported two men back to North Korea after authorities say they killed 16 crew members on a squid-catching boat.
Two North Koreans who killed 16 fellow crew members on a squid fishing boat were repatriated by South Korean authorities on Thursday after being captured at sea near the Northern Limit Line, a maritime boundary off South Korea's east coast, the Unification Ministry said.
The post South Korea deports 2 North Koreans who killed 16 at sea appeared first on Gephardt Daily.
Elderly South Koreans' medical spending covered by the state health insurance programme exceeded the KRW30tn ($25.9bn) mark to reach a record high in 2018.
Hyundai is going on an electrification spree, promising eight new “alternatively fueled vehicles” by 2022 as the 2020 Ioniq Electric lands with significantly greater range. The South Korean automaker says that it plans to have 13 different eco-focused models in its line-up by 2022, spanning an array of different drivetrains. There’ll be cars and SUVs in the new alternative-fuel range, … Continue reading
Lithium-ion battery manufacturer Samsung SDI has claimed an industry first, passing UL9540A test certification for the safe installation of stationary energy storage systems (ESS), with particular regard to the fire risk posed by thermal runaway. The South Korean company is supplier to many system integrators in the energy storage industry, as well as contributing to
The post Samsung SDI First To Meet Stringent New UL Installation Standards appeared first on Fractal Energy Storage Consultants.
South Korea’s rental market has become a rivalry of local barons. While Woongjin Coway is maintaining the top place, other companies are fiercely competing for the second place through large investm
A place where changes of future technologies by top South Korean and foreign materials companies are viewed and directions of development of industries through globalization of materials is set to be
A South Korean service is offering free funerals - but only to the living.
5G, like any six-month-old, is due for a milestone checkup. It’s been six months since South Korea’s three major wireless operators switched on large scale 5G across the country, launching the world’s first widespread deployment of 5G. As this new network turns half a year old there, it’s a good time to assess how well […]
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South Korean Company, Yuhan Pharmaceuticals Partners with Cyclica to Advance R&D Across Two Separate Programs for OncologyCache
Nov 07, 2019
TORONTO & SEOUL, South Korea--(BUSINESS WIRE)--Renowned South Korean healthcare company, Yuhan Pharmaceuticals (Yuhan) and Cyclica Inc. (Cyclica), a leading neo biotechnology company announce a collaboration to apply Cyclica’s proprietary AI-integrated drug discovery platform in two separate R&D programs. Yuhan is keen on implementing innovative technologies to enhance drug development efforts and will utilize Cyclica’s unique end-to-end AI-integrated drug discovery platform across diverse therapeutic areas to develop novel advanced lead-like molecules with desired chemical properties against the targets of interest determined by Yuhan’s R&D priorities.
Yuhan will leverage Cyclica’s integrated drug discovery platform, Ligand DesignTM and Ligand Express® to generate novel chemical entities with desired polypharmacological, physicochemical, and ADMET properties while providing insights into systems biology and structural pharmacogenomics.
Cyclica will receive an upfront payment as well as receive milestone payments upon the completion of specific objectives. Through this collaboration, Yuhan and Cyclica envision a long-term relationship to enhance future R&D and drug discovery efforts to identify novel solutions for unaddressed therapeutic needs.
Yuhan CEO and President Jung Hee Lee said, “We are very pleased to be collaborating with Cyclica to apply its proprietary AI-integrated drug discovery platform in our R&D programs, and hope to expand our partnership upon the success of the collaboration. Yuhan is dedicated to offering first-in-class to the patients within a short time by applying new computational methods, including AI and Big Data that can shorten the time and the cost required for drug development.”
“It’s an honour to collaborate with Yuhan, a visionary company that is thinking deeply about the future of the discovery of better medicines, and the application of new computational methods, including machine and deep learning. I am confident that this collaboration, and the future relationship with Yuhan and Cyclica will benefit patients waiting for new and better medicines.” said Naheed Kurji, President and CEO of Cyclica.
About Yuhan Corporation.
Yuhan Corporation is a South Korea-based healthcare company founded in 1926. The company has positioned itself as one of the top pharmaceutical companies in terms of market cap and sales revenue in Korea. The core business consists of primary & specialty care, dietary supplements, household & animal care, and contract manufacturing of active pharmaceutical ingredients. It has a number of subsidiaries and a global presence in the form of joint ventures with the Clorox Company(USA) and Kimberly-Clark Corporation (USA). Yuhan (000100:KS) is a publicly-listed company traded on the Korea Stock Exchange.
About Cyclica Inc.
Cyclica is a Toronto-based, globally recognized biotechnology company that leverages AI and computational biophysics to reshape drug discovery. Cyclica provides the pharmaceutical industry with an integrated and end-to-end enabling drug discovery platform focused on polypharmacology. Ligand Design and Ligand Express offer a unique AI-augmented platform to design advanced lead-like molecules that minimize unwanted off-target effects, while providing a holistic understanding of a molecule's activity through integrated systems biology and structural pharmacogenomics. By doing more with artificial intelligence, Cyclica aims to revolutionize a system troubled with attrition and costly failures, accelerate the drug discovery process, and develop medicines with greater precision.
Collaboration / Partnership
Pharmaceuticals & Biotech
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Title: 사랑의 불시착 / Crash Landing on You
Son Heung-min bounced back from a traumatic weekend by scoring twice as Tottenham beat Red Star Belgrade 4-0 on Wednesday to take a huge step towards reaching the last 16 of the Champions League for a third straight year. The South Korean was left in tears after being sent-off for a challenge that led to
jury 'Tottenham Hotspur forward Heung-min Son and Everton midfielder Andr Gomes have both sent outtouching messages following the latter's horrific ankle injury on Sunday. A rash challenge from the South Korean led to an awkward fall for his counterpart during the 2-2 draw between the two sidesat Goodison Park, resulting in an ankle fracture dislocation for the Toffees man. Fans and players alike were visibly distraught by the incident, but Gomes is set to make a full recovery having..
Son reveals he's sent text message to Andre Gomes to apologise for his role in causing horror injuryCache
The South Korean has vowed to "show his respect" for the crocked Spaniard by working harder than ever before on the pitch for Spurs
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Samsung Electronics Co Ltd has revealed its plan to shut down a CPU research division at one of its U.S. facilities, a move that analysts said dimmed prospects for the tech giant’s Exynos-branded mobile chips. Exynos mobile processor chips are considered a hallmark of the South Korean firm’s attempts to reduce its reliance on memory …
By FS Staff
Nov 7 – Export sensitive countries such as Germany, Taiwan and South Korea are showing improvement in breadth. Given this, we expect small cap and emerging markets to outperform during what seems to be a period...