Seoul office vacancy rates

TBILISI, Georgia – The Bank of Korea (BOK) will go back to square one on monetary policy as stronger-than-expected economic growth in the...

Hyundai Motor Group announced on Friday that the Hyundai Motor Co.'s IONIQ 5 achieved the highest rating of "Top Safety Pick Plus" (TSP+) in crash t...

South Korea’s largest bank Kookmin Bank said on Tuesday it has issued $600 million worth of global senior secured bonds. The debts were oversu...

Lotte Group’s non-life insurance affiliate Lotte Insurance Co., has been put up for sale at around 2 trillion won ($1.5 billion), according to...

Major foreign banks have actively increased staff at their operations in South Korea to offset growing uncertainty in their business in China, grapp...

South Korea's Kakao Entertainment Corp., a unit of mobile platform giant Kakao Corp., partnered with the renowned US music magazine Billboard on W...

The South Korean won currency on Tuesday fell to its weakest level in 17 months, briefly touching the psychologically important 1,400 per dollar lev...

Singapore’s Keppel REIT Management Ltd. is set to divest of its Seoul-based prime office building T Tower near Seoul Station.Real estate manag...

Canadian coffee brand Tim Hortons opened its sixth store in K-Twin Towers in Gwanghwamun, Seoul, South Korea, according to the company on Tuesday.&n...

South Korean brokerage firms are ramping up sales of long-term bonds to refinance their loans by repaying short-term debts in hopes of a rate cut by...

South Korea’s Hyundai Mobis, the world’s sixth-largest auto parts supplier, announced on Thursday that it will participate in the 37th I...

The number of foreign residents in South Korea is expected to rise steadily in the coming years to account for up to 10.1% of the country’s to...

The Korean won weakened to its lowest level in 17 months against the dollar on Thursday, after stronger-than-expected US inflation data dented hopes...

South Korean textile maker and supplier Sae-A Trading Co. said on Tuesday it has signed a definitive agreement to acquire US sportswear maker Tegra ...

The US commercial real estate market is undervalued relative to other sectors amid elevated interest rates, while Big Tech stocks could take a breat...

Global investment bank Goldman Sachs said on Monday that it has named managing director Choi Jae-joon as the new chief of its Seoul office.Choi lead...

One of the South Korean owners of Taylormade Golf Co., a leading global golf equipment maker, is set to refinance its 300 billion won ($221.7 millio...

Corporate bond issuance in South Korea hit a record in the first quarter of this year amid growing expectations of the Federal Reserve’s rate ...

French luxury label Chanel is planning to open a dedicated after-sales service center in South Korea, one of the world’s largest markets for h...

Hyundai Motor Co. regained its top AAA credit rating for the first time since the end of 2019.NICE Investors Service on Tuesday upgraded Hyundai Mot...

Investors tend to rush to fixed-income markets when recession risk rises. South Korean investors are no exception – retail investors have been...

South Korea’s headline inflation stayed above 3% for two straight months in March on a surge in fruit and vegetable prices coupled with higher...

Blackstone Inc. completed selling off Arc Place, a prime office building located in Seoul's upscale Gangnam area, to Koramco REITs Management and Tr...

LG Electronics Inc. announced on Monday that it unveiled LG UltraGear gaming monitors that can switch resolution and refresh rate according to conte...

Shinhan Financial Group Co., South Korea's second-largest financial group, plans to build a new high-rise office tower in Seoul’s central busi...

Hyundai Motor Group is set to increase its ultra-fast electric vehicle chargers across South Korea from current 286 to 500 by next year, the auto gi...

The credit rating of E-Mart Inc., South Korea’s top hypermarket chain operator, was downgraded to AA- by local agency NICE Information Service...

South Korea’s savings banks turned to the red after nine years in 2023 as they put aside heavy reserves on future loan losses, with their loan...

South Korea's Hanwha Hotels & Resorts announced on March 21 that Korea Ratings and Korea Investors Service elevated the company's corporate bond...

The Samsung Fire & Marine Insurance Co. headquarters building in Seoul is on the market at a valuation of more than 1 trillion won ($746 million...