[By NBC-1TV E. H Kim]Union members at GM Korea Company today ratified a tentative agreement on wage and CBA reached between the company and its union on September 18. The agreement was supported by 60.0 percent of the 13,247 union members who voted. The company and its union held 31 rounds of 2012 wage and CBA negotiations starting with a kick-off meeting on May 17. The agreement includes a monthly base wage increase of KRW 95,000, a lump-sum payment of KRW 3 million to be paid upon ratification of the agreement, a payment of KRW 6 million in performance pay to be paid at the end of the year a
[By NBC-1TV E. H Kim]Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Mazda Motor Logistics Europe N.V., the Belgian-based operation of leading automotive manufacturer Mazda Motors, is using Descartes' cloud-based customs solution to automate declaration filings in Belgium. “Customs regulatory changes, such as the introduction of Paperless Douane en Accijnzen (PLDA), are making the declaration filing process more complex,” said Nico Lejon, Manager of European Financial Services at Mazda. “Descartes' cloud-b
[By NBC-1TV E. H Kim]For the last two years, Mrs. A has been sending her ten year old daughter to an English library near home, and has been pleased to observe the improvements in her child’s English ability. Mrs. A was able to track her daughter’s steady development as a reader through the Lexile Measure, received as part of the English reading level assessment test (level test) that she takes at the English library. As in the case of Mrs. A, an increasing number of parents in Korea are using Lexile Measures, provided through reading level tests administered at English libraries, to choose En
[By NBC-1TV E. H Kim]i-SENS, Inc., a professional manufacturer of glucose meters (CEO Geun Sig Cha), will release ‘CareSens N POP’ which is a self-monitoring blood glucose meter on September 17. This product is a new 2012 model of ‘CareSens N’, which is the flagship brand of self-monitoring blood glucose meter of i-SENS Inc. ‘CareSens N POP’ is the product to further enhance the convenience of users while maintaining the advantage of being able to obtain accurate results in 5 seconds with the blood sample of 0.5㎕ based on no-coding system of the CareSens N products. “By introducing the LCD scr
[By NBC-1TV E. H Kim]GM Korea launched and started taking orders today for the upgraded 2013 Chevrolet Malibu with an innovative Gen II powertrain and best-in-segment safety. The most notable change in the 2013 Malibu is its powertrain. The 2013 Malibu features a new next-generation six-speed automatic transmission. The new transmission, with VFS (Variable Flow Solenoids) and an ECM (Engine Control Module) Controller, enables faster response and shorter shifting time, offering more dynamic yet stable driving. It also reduces CO2 considerably, making the Malibu more environmentally friendly. Th
[By NBC-1TV E. H Kim]Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG) the global leader in uniting logistics-intensive businesses in commerce, announced it has worked as a strategic partner with IATA, an international trade body that represents, serves and leads the air industry, to develop an innovative technology bridge that helps air cargo messaging participants easily transition from legacy messaging procedures to the new Cargo-XML standards. The solution provides bidirectional translation and message version control between legacy Cargo Interchange Message Procedures (Cargo IMP) and the ne
[By NBC-1TV H. J Yook]NASDAQ OMX (Nasdaq:NDAQ) Corporate Solutions today introduced the mobile version of NASDAQ OMX Corporate Intelligence, a centralized, user-friendly platform which offers Investor Relations Officers (IRO) access to the insight and intelligence needed to make informed decisions and build quality relationships with investors and shareholders. For today‘s on-the-go investor relations professionals, and optimized for use on a variety of devices, NASDAQ OMX Corporate Mobile Intelligence integrates the key elements necessary to manage corporate shareholder communications, capita
[By NBC-1TV H. J Yook]Bernanke‘s readiness to do more (today or next month) and Draghi’s bond-purchase plan is not only a game-changer, but a sharp blow to “tail risk” and is an added boost to supporting market confidence. There is as much as 60% chance of QE3 being announced at today‘s FOMC decision (12.30pm ET, 5.30pm BST). Bernanke’s conference follows at 2.15pm ET (7.15pm BST). Although we do not expect QE3 to be started today (US data and markets do not yet merit immediate stimulus), one argument favouring QE3 today is that Bernanke will use the scheduled press conference to explain the n