Seoul office vacancy rates

LG Display Co., the world’s leading manufacturer of organic light-emitting diode (OLED) panels, announced on Monday that it developed and intr...

The Korea International Trade Association and Korea Development Bank announced on Thursday that the Asia's largest startup fair "NextRise 2024 Seoul...

Asian private equity firm MBK Partners has dropped out of a plan to back 300 billion won ($217.9 million) for South Korean budget airline Air Premia...

South Korea’s NongHyup Financial Group Inc. (NH Financial) is likely to join the race for the purchase of Donuimun D Tower, a landmark office ...

A 370-billion-won ($270 million) real estate fund managed by IGIS Asset Management Co. faces a heavy loss from its investment in Trianon, a landmark...

Coworking space operator WeWork Inc. is slated to shut down a major office in Seoul, once one of the largest WeWork offices in Asia, in September ...

Store vacancy rates in South Korea’s largest shopping mecca Dongdaemun Market have soared to as high as 86%, with Chinese e-commerce platfor...

A legal battle between South Korea’s entertainment powerhouse HYBE Co. and the chief of its sublabel ADOR will likely drag on as the internati...

South Korea's Kyobo Life Insurance Co. announced on Thursday that it received the highest rating of AAA for insurer financial strength (IFS) from th...

The Korea Trade-Investment Promotion Agency (KOTRA) announced on Thursday that it established the Paris K-Tech Camp in Paris, France on May 23.KOTRA...

South Korea and the United Arab Emirates on Wednesday signed a comprehensive economic partnership agreement (CEPA) to facilitate bilateral trade aft...

Parnas Hotel announced on Monday that the InterContinental Seoul COEX, which opened in 1999, will close its operations on July 1 and is scheduled to...

South Korean brokerage firms are scurrying to raise more than 1.7 trillion won ($1.24 billion) in private equity funds to bet on soured property loa...

The Bank of Korea said on Thursday it has grown more uncertain about when to cut interest rates despite expectations of easing the monetary policy g...

South Korea’s Public Officials Benefit Association (POBA), a retirement fund with assets under management (AUM) of 26 trillion won ($19.1 bill...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, will speed up its private equity (PE) investments ...

A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...

South Korea's Doosan Robotics Inc. announced on Monday that it opened the Doosan Robotics Europe office in Düsseldorf, Germany.The Doosan Robot...

South Korea will ban products purchased online through overseas shopping platforms but without the KC certification amid growing concerns about prod...

Eduwill Corp., South Korea’s leading provider of online and offline test prep courses for adults, has taken a hit from a series of credit-rati...

South Korea’s Taeyoung Group, which is undergoing a debt workout of its construction unit, is considering selling a four-star hotel and releva...

Korea Electric Power Corp. (KEPCO), the state-run utility company, has joined hands with Kyrgyzstan for new energy businesses including high-voltage...

South Korea's E-Land Retail, the operator of Kim's Club, NC Department Store, and New Core Outlet operator, plans to enter the convenience store mar...

Demand and short-term deposits at South Korea’s top five banks have expanded 5% to 657 trillion won ($480 billion) in the first quarter of thi...

South Korea plans to accept Indonesia’s request to cut its share of payments for a joint fighter jet development project to one-third of the o...

Back in 2021, South Korea’s retail titan Shinsegae Inc. beat its archrival Lotte Shopping Co. to purchase Gmarket and Auction, the country's t...

The United Arab Emirates is set to invest a maximum of $1 billion in South Korean startups via a joint venture, as a part of its mid- to long-term p...

HMM Co., South Korea’s flagship sea carrier, announced on Tuesday that it achieved the Platinum rating from EcoVadis, a global environmental, ...

Renowned global hospitality companies, including Aman, Rosewood and IHG Group, are rushing to South Korea to launch new five-star luxury hotels in...

WASHINGTON, D.C. – The US government has given automakers additional flexibility on battery mineral requirements, allowing electric vehicles w...