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Real estate
Singapore's CDL buys Nine Tree hotel in Seoul for $107 mn
Singapore-based major real estate firm City Developments Ltd. (CDL) has bought Nine Tree Premier Hotel Myeongdong II from South Korea’s Shinha...
Jul 06, 2023 (Gmt+09:00)
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Artificial intelligence
KT, Samsung to cooperate in building S.Korean-style full stack AI
South Korea's KT Corp. and Samsung Electronics Co. will pool their capabilities to build domestically developed full stack artificial intelligence...
Jun 30, 2023 (Gmt+09:00)
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Private debt
Private real estate debt shines on banks' financing gaps: Savills
More global investors are turning to the private debt market as bank loans are getting tougher under stricter lending regulations. Among a range of ...
Jun 22, 2023 (Gmt+09:00)
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Real estate
Samsung SDS HQ sale likely to be Korea's biggest real estate deal of 2023
The sale of Seoul-based Samsung SDS Co. headquarters, which is likely to become South Korea's largest real estate market deal of 2023, is predicted ...
Jun 19, 2023 (Gmt+09:00)
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Real estate
Germany's real estate mezzanine market to shine in 2023: Lenwood Capital
The global real estate market is under significant pressure due to increased interest rates and banks' tighter loan standards in 2023. Commercial re...
Jun 01, 2023 (Gmt+09:00)
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Real estate
Mirae Asset’s US real estate fund faces heavy losses
A private fund for US real estate managed by South Korea’s Mirae Asset Global Investments Co. has seen huge losses amid the tumble of the offi...
May 26, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis develops high-tech headlamp to prevent accidents at night
South Korea's automotive parts company Hyundai Mobis on Thursday announced its development of the HD Lighting System, a next-generation vehicle head...
May 25, 2023 (Gmt+09:00)
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Korean games
S.Korea’s popular MMORPGs go abroad for profitability
South Korean game developers target overseas markets for their locally hit massively multiplayer online role-playing games (MMORPGs) to increase pro...
May 24, 2023 (Gmt+09:00)
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ASK 2023
Funding gap creates opportunities in private real estate debt: ASK 2023
Global real estate investors will see the funding gap continue for a while, which creates opportunities for private debt in the sector. The office s...
May 19, 2023 (Gmt+09:00)
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ASK 2023
Multifamily, digital infrastructure have upside potential: ASK 2023
Investors will spur capital injection in global residential real estate and emerging infrastructure segments such as data centers and energy transit...
May 18, 2023 (Gmt+09:00)
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Culture & Trends
Night at Korean royal palace brims with stars and Gucci fashion
Seoul has again grabbed the attention of global fashionistas as Italian fashion house Gucci on Tuesday night finally staged its belated Korean fashi...
May 17, 2023 (Gmt+09:00)
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Bio & Pharma
Lemonex signs MOU with WHO mRNA vaccines tech hub
South Korea's gene therapeutics developer Lemonex announced on Tuesday that it has signed a memorandum of understanding (MOU) with the World Health ...
May 09, 2023 (Gmt+09:00)
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Korean games
S.Korea's game companies wage intense war in MMORPG sector
South Korea's massively multiplayer online role-playing games (MMORPG), a mainstream genre in domestic games, is showing signs of an increasingly he...
May 09, 2023 (Gmt+09:00)
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Real estate
Seoul advised to prepare exit plans for real estate funds
Global real estate investment funds managed by South Korean financial services firms have swelled by more than 14 times to 72 trillion won ($5.4 bil...
May 03, 2023 (Gmt+09:00)
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Real estate
Multifamily emerges as Korean LPs’ top real estate pick for 2023
Multifamily housing has emerged as the most popular real estate segment for South Korean institutional investors, with senior secured loans picked as ...
May 03, 2023 (Gmt+09:00)
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Korean games
Will Night Crows be Korean game developer WeMade’s savior?
WeMade Co. on Thursday officially launched Night Crows, a new massively multiplayer online roleplaying game (MMORPG), in South Korea as the major do...
Apr 28, 2023 (Gmt+09:00)
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Real estate
IGIS, KKR delay plan to set up Seoul-based real estate JV
IGIS Asset Management Co., the largest real estate investment firm in South Korea, and US private equity giant KKR & Co. have indefinitely postp...
Apr 17, 2023 (Gmt+09:00)
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Companies
S.Korea's number of youth hires falls 90,000 in March
The number of youth hired for regular or "high-quality" jobs in South Korea fell over 40,000 last month year on year, while the ranks of jobs of a p...
Apr 17, 2023 (Gmt+09:00)
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Travel & Leisure
Hopeful signs for full comeback of Korean resort operator Paradise
Paradise Co., a major South Korean resort and casino operator, is taking big steps towards a full comeback this year from the pandemic shock, with a...
Apr 12, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung unveils full 2023 new smart monitor lineup
Samsung Electronics Co. will release a new lineup of smart monitors with significantly enhanced home office and personalized features.According to S...
Apr 05, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor to emerge as Korea’s highest earner, beating Samsung
Hyundai Motor Co. will likely emerge as South Korea’s top profit maker in the first quarter, driven by robust sales of pricey cars, pushing pa...
Apr 03, 2023 (Gmt+09:00)
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Real estate
Yanolja Cloud to develop real estate platform with SK Discovery
South Korea's Yanolja Cloud, a software-as-a-service (SaaS) company, announced on Tuesday its partnership with SK Discovery Co. to build a proptech ...
Mar 22, 2023 (Gmt+09:00)
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Banking & Finance
KB Financial Group injects $385.6 million into S.Korea’s real estate PF
South Korea’s KB Financial Group on Monday said it will provide liquidity support for the domestic market for real estate project financing (P...
Mar 14, 2023 (Gmt+09:00)
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Real estate
Korea's Cha Bio Group to expand overseas real estate business
Cha Bio Group, consisting of Cha Biotech and Cha Vaccine Research Institute as its subsidiaries, has announced its expansion into the real estate in...
Feb 17, 2023 (Gmt+09:00)
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Business & Politics
Korean Chips Act revision hits roadblock as opposition lawmakers balk
The proposed revision to South Korea’s answer to the US CHIPS and Science Act has hit a roadblock as the main opposition party, which controls...
Feb 15, 2023 (Gmt+09:00)
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Real estate
Zigbang signs agreement with Saudi's National Housing Company
On Monday, South Korean proptech company Zigbang announced a partnership with Saudi Arabia's National Housing Company with the goal of digitalizing ...
Feb 13, 2023 (Gmt+09:00)
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Korean startups
Profit matters for survival of startups amid investment drought
As venture capitalists tighten their purse strings amid looming recession fears, only startups with killer products that generate profits are well-p...
Feb 07, 2023 (Gmt+09:00)
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Lotte Group to directly control global real estate unit
Lotte Corp., the fifth-largest conglomerate in South Korea, is poised to strengthen its real estate development unit under the direct control of the...
Feb 07, 2023 (Gmt+09:00)
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Energy
S.Korea's science minister calls small modular reactors 'game changers'
Minister of Science and ICT Lee Jong-ho on Thursday pledged full support for the development of small modular reactors (SMRs), which he called a "ga...
Feb 03, 2023 (Gmt+09:00)
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Venture capital
Korean proptech startup Sweet Spot attracts $7.7 mn Series B funding
South Korea's retail property technology startup Sweet Spot attracted a Series B investment of 9.5 billion won ($7.7 million) from venture capital a...
Jan 27, 2023 (Gmt+09:00)
Latest News
- 1 NPS to ramp up shareholder engagement with overseas companies
- 2 Europe looms large as K-beauty brands look to blue ocean; cosmetics stocks rise
- 3 NPS gobbles up Korea’s top 4 financial holding stocks
- 4 US considers withdrawing thousands of troops from South Korea
- 5 KKR sells 9.5% stake in HD Hyundai Marine, recoups $450 million