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'Stock trading a game of psychology,' says SPARX manager

SPARX Asset Management Korea Executive Managing Director Bae Jung-hyun speaks during an interviewwith The Korea Times. / Courtesy of KeyWest PartnersBy Nam Hyun-wooAmid growing interest about the use of artificial intelligence (AI) in the financial sector, SPARX Asset Management Korea Executive Managing Director Bae Jung-hyun believes that stock trading is a game of “psychology,” something that an automated investment tool is not equipped to engage in.The Japan-based asset management company won an award from the Financial Supervisory Service earlier this year with its SPARX Bon-Japan Fund, designed to achieve capital gains through investment in equities in Japan. The small and mid cap fund, launched in April last year, notched up a 9.33 percent return rate (class F) which is the highest among similar funds investing in Japanese equities during the past year. “SPARX’s investment philosophy of ‘macro is the aggregation of micros,” said Bae during a recent interview with The Korea Times. “Based on such a philosophy, we approach and meet ex

Apr 4, 2016
'Stock trading a game of psychology,' says SPARX manager

Fashion exec says to do it differently

By Kim Ji-soo Han Kyung-ae, a creative director and vice president of Kolon’s Fashion Division IIIn the trendy series; corner in Hannam-dong, Seoul, there is a section that features women’s jackets made from sports jackets and car seat fabric, and curtains made from air bags and dog-wear. Yes, dog-wear, including caps, which are popular items of the fashion brand RE; CODE.It is the RE; CODE brand ― an upcycling brand ― overseen by Han Kyung-ae, creative director and vice president of Kolon’s Fashion Division II. The division is also home to Henry Cotton’s and series;. At 53, Han is the highest senior female executive within Kolon Industries.A strong watcher of market and consumer trends, and breather of storytelling into her brands, she launched “RE; CODE” in 2012, to address inventories that pile up at any fashion brand and share concern for the environment. It is a rare case of upgrading and recycling undertaken by a large company. She and her team work from inventories to create a limited edition of women’s and men&rsqu

Apr 1, 2016
Fashion exec says to do it differently

Lee Soon-jae to serve as artists' welfare promoter

Lee Soon-jaeBy Kim Ji-soo  Veteran South Korean actor Lee Soon-jae has been appointed to serve as an ambassador for the better welfare of artists.The Ministry of Culture, Tourism and Sports appointed the actor to a two-year term to promote the government’s policies to help artists benefit from a better range of welfare benefits. Lee, 81, one of the nation’s most prominent actors, is currently starring as the patriarchal head of a family of three-generations living together in the SBS weekend drama “That’s the Way it is” by the writer Kim Soo-hyun.Lee graduated from Seoul National University where he majored in philosophy and debuted in 1956 in the play, “Beyond the Horizon.”During his 60 year acting career, he has starred in a broad range of genres ― sitcoms, reality entertainment shows (“Youth Over Flowers”) as well as epic and traditional dramas and plays.He will promote the government’s policies for which the ministry is expected to contribute 24 billion won this year under a related law supporting artists that

Mar 31, 2016
Lee Soon-jae to serve as artists' welfare promoter

Teen leads K-beauty in China

Beauty creator “Daddoa,” Lee Da-sol, has nearly 700,000 regular subscribers on YouTube and Chinesevideo-sharing websites.  / Courtesy of DaddoaBy Jhoo Dong-chanLee Da-sol, 19, may be considered too reckless by conservative Korean society for dropping out of high school in her first year in a bid to chase her dream of becoming a beauty expert.However, she has now become a YouTube sensation with more than 500,000 regular subscribers, introducing cosmetic products and related makeup skills via her private channel, Daddoa TV (youtube.com/user/daddoatv).Lee has also launched her beauty channel on Chinese video-sharing social networking websites Weibo and Youku where she has 120,000 and 30,000 subscribers, respectively. Dubbed “Daddoa,” Lee has introduced and offered reviews of a number of top-tier cosmetic products from companies including AmorePacific, MAC and L’Oreal, via her channels in Korea and China with English and Chinese subtitles in her video clips. Her audience is mostly teenagers and women in their 20s. “Teenage girls’ i

Mar 31, 2016
Teen leads K-beauty in China

Korean Re chairman dies at 89

By Nam Hyun-wooWon Hyuck-hee, chairman of Korea’s sole homegrown reinsurer Korean Re, passed away Tuesday. He was 89.Won also served as executive director of Daelim Industrial and CEO of Poonglim Industries in the 1970s. After becoming the largest shareholder of Korean Re, he served in the posts of honorary chairman and board chairman of the reinsurance company.Under Won’s leadership, Korean Re joined the world’s top 10 reinsurance companies. The company’s current CEO is his third son Jong-gyu.Won is survived by three son and two daughters. A memorial altar will be set up at the Severance Hospital in Seodaemun-gu, Seoul, until Friday.

Mar 30, 2016

Scholarship for students

Chung Hai-young, third from right in the front row, chief director of the Ga San Foundation, and Moon Seong-kyu, third from left, executive managing director of Kwangdong Pharmaceutical, pose with students at the company’s factory in Pyeongtaek, Gyeonggi Province, after granting them scholarships, Tuesday. The foundation provided a combined 97 million won in annual scholarships this year to 65 students. The foundation, which was created in 2007 by Kwangdong founder Choi Soo-boo, has given 500 million won in scholarships to 510 students since 2008. / Courtesy of Kwangdong Pharmaceutical

Mar 30, 2016

'Merit-based work helps women succeed,' culture designer says

Content creators, entrepreneurs and mentors can network at the Creative Lounge within the Creative Center for Convergence Culture (CCCC)in Sangam-dong, western Seoul.  / Courtesy of CCCCKang Myoung-shin, senior vice president of CJ’s Creative Center for Convergence CultureBy Kim Ji-sooCJ’s Creative Center for Convergence Culture (CCCC) in Sangam-dong, western Seoul, is full of energy.The CCCC takes up the first and second floors of leading cultural content company CJ E&M, which is responsible for such TV dramas as “Youth over Flowers” and “Reply,” as well as large-scale entertainment events such as KCON, an annual K-pop convention held in the U.S. and Japan, and the Mnet Asian Music Awards (MAMA). The center’s aim is to discover and nurture potential content creators, match them with investors and help them monetize their ideas. Thus, CCCC senior vice president, Kang Myoung-shin, is tasked with helping creative professionals increase their business savvy as well. “Our center’s goal is to help creators comme

Mar 30, 2016
'Merit-based work helps women succeed,' culture designer says

Army corporal saves woman assaulted by drunken man

Army Cpl. Kim Dong-ukBy Jun Ji-hye Army Cpl. Kim Dong-uk saved a woman in her 20s who was being assaulted by a drunken man, according to the Army, Wednesday.On March 25, Kim, 22, who was on vacation, saw the man in his 50s being violent and abusive to the woman on a bus. The man grasped her by the wrist, preventing her from getting off the vehicle.The woman barely managed to get off the bus, but the man still followed her.Kim also got off the bus and pursued the man.Then, Kim saw the man pull the woman’s hair and swing at her with his fist on a pedestrian overpass.Kim rushed to the scene and called the police, restraining the man from beating the woman. The drunk took the bit between his teeth and tussled with Kim, trying to push Kim over the railings of the pedestrian overpass.But it was not that difficult for the trained Army corporal to suppress the drunken man. Kim tripped the man over and held him down until the police came.The man was then transferred to the police station and booked on a charge of assault.A prosecutor who was in charge of the case later called the K

Mar 30, 2016
Army corporal saves woman assaulted by drunken man

Han Hyo-joo to return to TV after 6 years

Han Hyo-jooActress Han Hyo-joo, 29, will take the lead role in the TV drama “W,” which will air in July on MBC.This is Han’s return to the small screen following her last role in another MBC drama, “Dong Yi.” In that epic drama, Han starred with top actor Ji Jin-hee.“W” is a 16-series suspense melodrama. It will also co-star actor Lee Jong-seok, 27, who appeared in dramas such as “Doctor Stranger” (2014) and “Pinocchio” (2014).Han has been active in recent years on the big screen in movies such as “Cold Eyes” (2013), “C’est Si Bon” (2015) and “The Beauty Inside” (2015). She has won several awards in recognition for her performances, winning Best Actress at the Blue Dragon Film Awards and Buil Film Awards.Her latest movie, “Love, Lies” will open in theaters on April 13. In the domestic period drama film, she portrays Korea's last "gisaeng" who dreamed of becoming a top singer during the Japanese occupation of the peninsula (1910-1945).

Mar 29, 2016
Han Hyo-joo to return to TV after 6 years

Young chef aims to fly high

Chef Kim Eun-biBy Yun Suh-youngThe 25-year old petite chef is not shy about stating her ambitions."Before turning 30, I want to publish a book under my name with the title The most successful female chef in Korea," said chef Kim Eun-bi of Grand Hyatt Incheon, after completing a gala dinner for about 70 guests invited by the Spanish Embassy and the Korea Chamber of Commerce and Industry.She designed and organized a six-course meal for the event, having recently returned from a six-month training program offered by ICEX Spain Trade and Investment. ICEX’s a Spanish Gastronomy Training Program was created in 2007 in an effort to provide training for young foreign professionals in Spanish gastronomy."I participated in the Spanish gastronomy program last year so when I was asked to prepare a dinner course for this event, I wanted to express the Spain I felt in my dishes rather than cooking traditional Spanish dishes," she said in an interview following the March 21 event."I tried to reflect the feelings I had about Spain through my dishes and I gave them names reflecting my sent

Mar 29, 2016
Young chef aims to fly high
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