[By NBC-1TV H. J Yook]Bloomberg LP and UBS today announced a strategic partnership that will result in Bloomberg Indexes being responsible for governance, calculation, distribution and licensing of the bank's market leading commodity indexes. The indexes will be renamed from the “Dow Jones-UBS Commodity Index Family” to the “Bloomberg Commodity Index Family” as of July 1. “Benchmarks are at the heart of the financial system, and benchmark independence is key to the transparency and efficiency of global financial markets,” said Dan Doctoroff, CEO and President of Bloomberg LP. “By providing tru
[By NBC-1TV H. J Yook]The Trusted Computing Group (TCG) has announced the availability of the TPM (Trusted Platform Module) 2.0 library specification (http://goo.gl/du6Ijg). TPM 2.0 provides a critical technology response to the global need for a more secure computing environment. Based on contributions and feedback from TCG member companies and security technology experts representing the world’s leading silicon makers, device makers, software and solution providers, as well as researchers, governments and academic institutions, TPMs provide a secure root of trust to protect data in computers
[By NBC-1TV H. J Yook]POSCO Research Institute says, “There are megatrends that continually influence the future auto industry, and one of them is regulation standard of fuel economy.” As if trying to prove this remark, the companies in the auto industry compete against each other to produce lighter cars. This is because fuel economy and carbon emission are becoming as important as the power of the car in the industry. Such phenomenon in the auto industry is now affecting auto parts industry as well. Tae Jung Technical MFG Co., Ltd. (CEO Taesoo Shin), an auto parts manufacturer, has fulfilled
[By NBC-1TV H. J Yook]QNB Group, the World’s Strongest Bank and the leading bank in the Middle East and North Africa, announced its results for the three months ended 31 March 2014. These results include the financial results of QNB ALAHLI in Egypt. For the three months of 2014 Net Profit was QR2.4 billion (USD668 million), up by 13.7% compared to last year. The Group’s prudent cost control policy and strong revenue generating capability allowed it to maintain an efficiency ratio (cost to income ratio) of 21.7%, which is considered one of the best ratios among financial institutions in the reg
[By NBC-1TV H. J Yook]Steven Ross, Interim Chairman of the Board of Kodak Alaris Holdings Limited, today announced that Mark Elliott has been named Chairman of the Board of Kodak Alaris Holdings Limited, effective May 1, 2014. Elliott will report to the board of directors of KPP Trustees Limited, the trustee for the Kodak Pension Plan (KPP) of the United Kingdom and Kodak Alaris’ sole shareholder. Elliott will be responsible for working with the management team to set and implement the strategy and direction of Kodak Alaris, liaising with the KPP and other third parties, and for the overall go
[By NBC-1TV H. J Yook]Panasonic Corporation today announced the opening of its “SLIDING NATURE” concept installation at this year’s Milano Salone Del Mobile, one of the largest and most influential design exhibitions in the world, held in Milan. The installation this year was designed by noted architects, TORAFU ARCHITECTS. Images and videos from the event will be available on the company’s Milano Salone del Mobile 2014 site The main presentation, exhibited in the courtyard of the University of Milan, is a house shaped structure made with sliding doors. These sliding doors on all four sides mo
[By NBC-1TV H. J yook]Lockheed Martin [NYSE: LMT] is expanding relationships with Korean universities to establish a local science, technology, and research investment fund to benefit students, universities, and industry in the region. The Republic of Korea Science, Technology and Research (RoKST&R) program is now holding an open competition for proposals in the areas of aeronautics, space, sensors, flight sciences, modeling and simulation, training, and emerging technologies in renewable energy generation and nanotechnology. The deadline for submission is June 4, 2014. “Entrepreneurship is a
[By NBC-1TV H. J Yook]University Putra Malaysia‘s industrial team of 32 people has arrived in Korea on the 7th of April with a 5 nights and 6 days schedule to investigate the latest trends in Korea’s Information and Security Certification Technology. UPM is a large university with 16 faculties with 18,193 undergraduates, and 6,852 graduate students, operating two major campuses within Malaysia. As a university characterizing Information Technology, Robotics, and Human Resource Development, UPM is learning the latest technology through industrial partnership with PayGate since 2012. On the 8th