Kim Hyo-joo Signs Deal Worth At Least W6.5 billion

Golf sensation Kim Hyo-joo has signed a five-year sponsorship renewal worth W6.5 billion with Lotte Group after a bumper season (US$1=W1,111).

"It hasn't sunk in -- getting such a big deal at my age," Kim said. "I feel a bit of pressure but will try hard to stay on top of my game while enjoying it."

Lotte Group will pay Kim W1.3 billion each year, up from W600 million under the previous contract, and will also offer performance bonuses. If she wins a title, the bonus will be 70 percent of the prize money. A top-five finish earns a 30 percent bonus.

The deal is short Pak Se-ri's five-year sponsorship with CJ in 2002, which gave her W2 billion each year and maximum of W15 billion for five years. But it does surpass Shin Ji-yai's five-year W5 billion deal, exclusive of bonus, signed with Mirae Asset in 2009.

Kim Hyo-joo

Other bonus opportunities will further encourage Kim to perform well. If she tops the money leaderboard in the U.S. LPGA, she will earn W300 million, and if she becomes World No. 1, she will receive W500 million. A career grand slam -- winning four major titles -- is worth W1 billion.

If she can maintain her level of performance, she is expected to net some W800 million in bonuses each year as she joins the LPGA Tour full time.

Kim has earned W4.1 billion from sponsorship, prize money and incentives this season.

The lucrative renewal is based on her performance this year, the best yet in her career. She participated in 23 competitions on the KLPGA Tour this season, never missed a cutoff, won five titles and saw 18 top-10 finishes. She was the best golfer in the tour in four categories: prize money, scoring average, putt average and most wins.?

She also won the Evian Championship, one of the five major tournaments on the LPGA, in France in September in her debut major tournament, securing a full seed on the U.S. Tour.

"I'm very happy about my performance," she said. "Since I was Rookie of the Year in Korea this year, I want to be the same in the U.S. next year."?

Kim will split her time between Korea and the U.S. next year. She plans to compete in seven or eight tournaments in the KLPGA and has less concrete plans for the LPGA Tour.

"Many fans think I won't come to Korea often next year, but I will participate in many events at home," she said. "Of course, English is important in the U.S., but I will focus on my physical strength for now."

Kim's next competition is at the Miyoshi Country Club in Japan, where Korean and Japanese female golfers will compete from Saturday. She will resume full training in Thailand in early January.

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Apple's Market Cap Tops $700 Billion

Apple's market capitalization surpassed US$700 billion at one point during trading on the Nasdaq on Tuesday.

Apple shares hit $119.75 at one stage, boosting the company's market capitalization to $702.4 billion. But the stock closed down 0.64 percent at $117.87 on profit-taking after a week of gains.

Apple's market capitalization has doubled since August 2011, when Tim Cook took over as CEO following the death of Steve Jobs.

Exxon Mobil is the second most valuable company.

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A BILLION WAYS TO DIE

A BILLION WAYS TO DIE by Chris Knopf | Kirkus HomeMagazineNewsletterEmail Newsletter Your AccountReviews / AssignmentsAuthor DashboardEditorial DashboardIndie Author DashboardYour Pro Page Pro InboxYour Book ListManage SubscriptionsChange PasswordLog outLog inSearch termSearch scopeAllReviewsInterviewsAuthorsListsPublishersPro ConnectLATEST ISSUE OFKirkus ReviewsFeaturing the best 100 fiction and best 110 children's books of 2014.Book Reviews Just Awarded the KIRKUS STAR CATEGORIESBiography & MemoirBusiness & EconomicsChildren's and TeenCurrent AffairsEntertainment & SportsEssays & AnthologiesFiction & LiteratureFood & CookingGraphic Novels & Comic BooksHealth & MedicineHistoryIndieiPad Book AppsMystery & CrimeNature & TravelPsychologyReligionRomanceScience & TechnologyScience Fiction & FantasySocial SciencesThrillersTrue CrimeBEST BOOKSKirkus Stars & RecommendationsBEST OF 2014FictionNonfictionChildren'sTeenIndieBook AppsFEATURED REVIEWSHot ListsVintage ReviewsBest of 2014FICTIONBy CategoryFull ListFeatured AuthorsCHILDREN'SBy CategoryFull ListFeatured Authors & IllustratorsNONFICTIONBy CategoryFull ListFeatured AuthorsTEENBy CategoryFull ListFeatured AuthorsBestsellersAuthors Featured Author ROXANE GAY CATEGORIESChildren's Authors & IllustratorsFiction Authors Nonfiction Authors Young Adult Authors Bestselling Author Success StoriesTOP AUTHORSLatest InterviewsBestselling AuthorsKirkus Reviews Cover StoriesAre you an author?Get Your Book ReviewedGet Your Book EditedPromote Your ReviewKirkus TV Coming Soon Dean Haleauthor of THE PRINCESS IN BLACKNovember 25, 2014AUTHOR INTERVIEWSShow ScheduleRecent InterviewsBROWSE VIDEOSAllFictionNonfictionLatest InterviewChelsea Cainauthor of ONE KICKBlogs Latest From ANDREW LIPTAK CATEGORIESChildren'sMysteries/ThrillersRomanceSci-Fi/FantasyYoung AdultBLOGSSF SignalForever Young AdultThe Book SmugglersSeven Impossible Things Before BreakfastBookshelves of DoomThe Rap SheetBobbi Dumas: Read-A-RomanceATFMBAndrew Liptak Contests The Kirkus Prize Recently Nominated GENERAL INFORMATIONRules & Selection Process2014 Judges2014 Awards CeremonyFAQPress Room2014 WINNERS & FINALISTSFictionNonfictionYoung Readers' Literature2015 NOMINEESFictionNonfictionYoung Readers' LiteratureABOUT THE KIRKUS PRIZEThe Kirkus Prize is one of the richest literary awards in the world, with a prize of $50,000 bestowed annually to authors of fiction, nonfiction and young readers’ literature. It was created to celebrate the 81 years of discerning, thoughtful criticism Kirkus Reviews has contributed to both the publishing industry and readers at large. Books that earned the Kirkus Star with publication dates between November 1, 2014, and October 31, 2015, are automatically nominated for the 2015 Kirkus Prize, and the winners will be selected on October 23, 2015, by an esteemed panel composed of nationally respected writers and highly regarded booksellers, librarians and Kirkus critics.Pro Connect This Week's AUTHOR TO WATCH DOUGLAS RICHARDSON
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KIRKUS REVIEW

What is it with people? Whoever it is that’s trying to killArthur Cathcart just won’t quit.

Now that he’s avenged himself on the triggerman who widowed andnearly executed him, Cathcart, a tech researcher of many names, just wants tobe left alone to cuddle with his ladylove, blackjack dealer Natsumi Fitzgerald(Cries of the Lost,?2013,etc.). Their Caribbean idyll ends when their sailboat,?Detour,?is boarded by a crew ofruffians who snatch them in the dead of night, carry them off, lock them up inanother craft, and demand that Cathcart tell them where “it” is. They don’tknow Cathcart’s name; he has no idea what "it" is; nobody’s willingto be the first to talk. The stalemate is broken when Cathcart and Natsumiawaken from drugged sleep back at their marina, shaken but alive and determinedto figure out who kidnapped them and why. The search leads Cathcart to theusual scenic locations (Puerto Rico, Miami, Switzerland, suburban Connecticut)and, thanks to the research of his reluctant collaborator, Strider the DataThief, deep into the bowels of the Societe Commerciale Fontaine, where hisundercover job as one Martin Goldman gives him a chance to show his researchingchops before the inevitable blowup. Cathcart soon realizes the malign forceshe’s tracking are also tracking him, and the disappearances of successive bankaccounts he shares with Natsumi persuade him that “our security seemed to erodefaster than our awareness could increase.”

After the brilliance of his debut (Dead Anyway,?2012), Cathcart’s thirdadventure shows an increasing tropism toward proficient but forgettable roundsof cat-and-mouse byplay punctuated by the occasional action scene.

Pub Date:?Nov. 21st, 2014ISBN:?978-1-57962-363-0Page count:?272ppPublisher:?Permanent PressReview Posted Online: Oct.?9th,?2014Kirkus Reviews Issue: Oct.?15th,?2014



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