Rising travel distances are driven more by faster transport than by higher incomes or shifting car preferences, an analysis said. It argued that daily travel time per person stays broadly stable at about 1.1 hours, so higher speeds translate into longer distances. The piece cited France’s Paris-Lyon high-speed rail and post-war car adoption as examples. It said new roads cut congestion only temporarily as extra traffic fills capacity, and suggested dense city design as an alternative.

Korea Investment Securities has revamped its mobile trading system app, expanding tailored features including consolidated pension asset viewing, dividend reinvestment and investment information for children’s accounts. The brokerage said it updated the Korea Investment app based on customer usage data to simplify the process from searching for investment information to trading. Changes include revamped watchlists, improved quote and stock-management functions and added tools for overseas stock search and grouping.