[By NBC-1TV H. J Yook]Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM)(EURONEXT:BAMA) today announced that it has entered into an exclusive agreement with Samsung Securities Co. Ltd. to distribute certain of Brookfield‘’s real asset investment strategies to investors in Korea. Brookfield is a leading global alternative asset manager with more than $150 billion of assets. The company‘’s institutional clients include many of the world‘’s largest and most sophisticated sovereign wealth funds, pension plans, financial institutions, endowments, foundations and family offices. Currently, appro
[By NBC-1TV H. J Yook]New Holland Agriculture announced its support of the Sustainable Innovation Forum as Gold Sponsor and its participation in one of the event's three plenary panel sessions. Hosted by Climate Action in partnership with UNEP alongside the Doha 2012 Climate Change Conference (COP18), the Sustainable Innovation Forum will bring together over 500 senior figures from business, governments and NGOs on 6 December to discuss how to mobilize public-private partnerships, the challenges of sustainable urbanization with an ever-increasing population, and the latest advances in technolo
[By NBC-1TV H. J Yook]Brits want to know exactly who will be producing waste in the future and how much, where it should go and what to do about it. The report Scenario-Building for Future Waste Policy produced by Z_punkt The Foresight Company on behalf of Defra, the Department for Environment, Food and Rural Affairs, provides some answers. The report has now been published, and describes, in four visions of the future and quantified scenarios, how the UK can react to the growing mountains of waste. If one were to predict what the situation will be like by 2030 based on current trends, then, i
[By NBC-1TV H. J Yook]Citibank Korea (CEO, Ha Yung Ku, www.citibank.co.kr) has launched 'Hyundai Motors ELD’ that will be on offer temporarily until December 14th. This product is time deposits whose principal is partially or totally linked to market index, and is suitable for customers who want their principal amounts to be protected at maturity or who seek investment returns that are greater than those of ordinary time deposits. (As fees are charged on early redemption, investors may be exposed to potential principal loss) ‘’Hyundai Motors ELD’ offers 8.0% p.a.(before tax) of maximum yield a
[By NBC-1TV H. J Yook]Citibank Korea Inc. (CEO YK Ha, www.citibank.co.kr) today reported net income of KRW 37.1 billion for the third quarter 2012, on revenues of KRW 417.5 billion. Net income was 73.4% lower than the third quarter 2011 and 8.3% lower than the second quarter 2012 while revenues were 4.8% lower than the prior year period and 7.6% higher than the second quarter 2012. CKI’s Basel II Capital Adequacy Ratio and Tier 1 Capital Ratio at September 30, 2012 were 17.40% and 14.38%, respectively. Customer deposits were up 5.4% compared to the end of September 2011 at KRW 36.0 trillion. I
[By NBC-1TV J. H Yook]Tektronix, Inc., the world's leading provider of multi-vendor instrument calibration, repair and related services, today announced that it has received American Association for Laboratory Accreditation (A2LA) accreditation in Japan and China for ISO 17025 calibration. This accreditation, along with multiple other international accreditations, allows Tektronix to offer ISO 17025 calibration services for thousands of electrical and RF instruments from hundreds of manufacturers on a global basis. Accreditation assures customers of consistent calibration quality and reduces t
[By NBC-1TV H. J Yok]GM Korea announced today that the company will make a significant investment in its Bupyeong engine plant in Incheon. This investment is expected to bear fruit as soon as the first half of next year, when GM Korea’s latest technology is introduced in the next-generation four-cylinder turbocharged engines. These engines will power Chevrolet passenger cars and the Chevrolet Trax small SUV. The retooled Bupyeong facility will produce GM Korea’s first turbocharged gasoline engine. Bupyeong will manufacture the new fuel-efficient turbocharged engines for the company’s small and
[By NBC-1TV H. J Yook]Cisco (NASDAQ: CSCO) -- SingTel has announced that it is the first service provider in the Asia-Pacific region to globally deploy Multiprotocol Label Switching-Transport Profile (MPLS-TP) technology for its ConnectPlus E-Line service, providing its multinational corporation (MNC) customers with scalable high-speed connections worldwide. Using the Cisco® MPLS Transport Profile (MPLS-TP) suite of Carrier Packet Transport technologies -- SingTel's customers can now enjoy data bandwidths of up to 10 gigabits per second to support bandwidth-intensive applications with high ser