global commercial real estate market
Scope
Date
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ASK 2024
Australia, Asia real estate whet Korean pension funds' appetite
South Korean pension funds and insurance companies are raising their bets on real estate as they diversify their US and Europe-focused portfolios in...
Oct 20, 2024 (Gmt+09:00)
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Food & Beverage
S.Korea’s No.1 soju maker HiteJinro to foray into global beauty market
HiteJinro Group, South Korea’s No. 1 alcoholic beverage maker with a century-old history, has tapped cosmetics development and production as a...
Oct 18, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung primed for graphics chip leadership with 24 Gb GDDR7
Samsung Electronics Co., the world’s largest memory chipmaker, has unveiled the industry’s first 24 gigabit (Gb) graphics DRAM chip, opt...
Oct 17, 2024 (Gmt+09:00)
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Chemical Industry
LG Chem targets functional cosmetics market with bio-materials
LG Chem Ltd., the world’s fourth-largest chemicals manufacturer, is targeting the functional cosmetics market with bio-materials derived from ...
Oct 17, 2024 (Gmt+09:00)
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ASK 2024
Korean pension funds to up private equity exposure in 2025
South Korea's major pension and savings funds see no drastic reshuffle to their portfolios tilted to private debts next year. But they are looking t...
Oct 17, 2024 (Gmt+09:00)
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ASK 2024
NPS bullish on real estate in low interest era: chairman
South Korea’s National Pension Service (NPS) will raise exposure to residential housing and data centers to take advantage of lower interest r...
Oct 16, 2024 (Gmt+09:00)
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Batteries
LG Energy to supply batteries for Ford's electric commercial vehicles
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, is set to supply battery cells and modules to US For...
Oct 15, 2024 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean livestreaming platform SOOP eyes global market
AfreecaTV, South Korea’s first-generation interactive livestreaming service with a nearly two-decade history, has started a new chapter under ...
Oct 15, 2024 (Gmt+09:00)
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Food & Beverage
Paris Baguette opens 600th overseas store in Canada for global expansion
Paris Baguette opened its 600th overseas store in Toronto, Ontario, as the leading South Korean bakery brand is rapidly expanding its global busines...
Oct 15, 2024 (Gmt+09:00)
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Fiber & Textile
Global Sae-A completes spinning mill in Costa Rica
South Korea's Global Sae-A Group said on Monday it had inaugurated a third spinning factory for its yarn-producing subsidiary, Sae-A Spinning, in ...
Oct 15, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax China to build new headquarters in Shanghai
Cosmax Inc., South Korea's cosmetics original development and design manufacturer (ODM), will build a new headquarters in Shanghai's Xinzhuang Indus...
Oct 15, 2024 (Gmt+09:00)
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Culture & Trends
Nobel laureate Han Kang craze revives Korean book market
South Koreans are flocking to bookstores to snap up 2024 Nobel laureate Hang Kang’s novels, making her books — and even those of her nov...
Oct 14, 2024 (Gmt+09:00)
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Robotics
Lightweight cobots with higher payload fuel robot arms rivalry
Denmark-based Universal Robots’ release of the world’s slimmest collaborative robot (cobot) with an increased lifting capacity is spurri...
Oct 14, 2024 (Gmt+09:00)
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Real estate
Korea’s financial exposure to real estate nearly doubles in 10 years
South Korea’s financial exposure to real estate has nearly doubled over the past decade, with lending to households making up about half. The ...
Oct 13, 2024 (Gmt+09:00)
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Korean stock market
Foreign appetite for Korean stocks wanes with $5.5 bn in September sales
Foreign investors' appetite for South Korean stocks turned sour with sales of 7.36 trillion won ($5.5 billion) worth of shares on the Korean bourse ...
Oct 11, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion's anti cancer drugs hold 90% market share in C.America
South Korea’s Celltrion Inc. said on Friday that its cancer treatments have captured a 90% market share in several Central American countries....
Oct 11, 2024 (Gmt+09:00)
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Corporate strategy
Samsung retains No. 5, Hyundai climbs to No. 30 global brand
Samsung Electronics Co., South Korea’s most valuable company in terms of market capitalization, saw its brand value top $100 billion for the f...
Oct 10, 2024 (Gmt+09:00)
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Food & Beverage
Paris Baguette to enter Thailand, Brunei, Laos
South Korean bakery brand Paris Baguette, operated by SPC Group, said on Wednesday it will enter Thailand, Brunei, and Laos.SPC signed a master fran...
Oct 10, 2024 (Gmt+09:00)
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Insurance
DB Insurance outshines domestic rivals in global business
DB Insurance Co. raked in the biggest profits from overseas operations among South Korean insurance companies in the first half of this year, leadin...
Oct 08, 2024 (Gmt+09:00)
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Travel & Leisure
Yanolja Cloud Solution relocates headquarters to India
South Korea’s top travel and accommodation booking platform operator Yanolja Co. said on Tuesday that it relocated its global solution subsidi...
Oct 08, 2024 (Gmt+09:00)
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Earnings
Samsung chip head vows drastic revamp after flagging weak Q3 earnings
Jun Young-hyun, vice chairman and head of Samsung Electronics Co.'s semiconductor business, on Tuesday vowed to take drastic steps to improve profit...
Oct 08, 2024 (Gmt+09:00)
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Korean food
Lotte chief bets on K-food boom for global expansion
Lotte Group, a multinational retail-to-chemical business empire, is seeking to ride the growing popularity of Korean food to achieve its global expa...
Oct 07, 2024 (Gmt+09:00)
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Electronics
Samsung's Lee inspects MLCC plant in Philippines as it eyes turnaround
Samsung Group Chairman Jay Y. Lee on Sunday inspected Samsung Electro-Mechanics Co.’s production facilities for multilayer ceramic capacitors ...
Oct 07, 2024 (Gmt+09:00)
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Banking & Finance
Hanwha Securities buys 5.4% stake in Edinburgh Airport
Hanwha Investment & Securities said on Monday that it acquired a stake in Edinburgh Airport in Scotland.Edinburgh Airport is jointly owned by Gl...
Oct 07, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor Group’s software unit launches cybersecurity division
Hyundai AutoEver Corp., Hyundai Motor Group’s software unit, is set to boost its automotive cybersecurity business by launching a new division...
Oct 07, 2024 (Gmt+09:00)
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Banking & Finance
Mirae Asset Securities builds AI-based stock analysis system
South Korea's Mirae Asset Securities Co. said on Monday that it has established an AI Market Assistant system, in which artificial intelligence (AI)...
Oct 07, 2024 (Gmt+09:00)
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Retail
CU, GS25 in fierce race for top spot in Korea’s convenience store market
Using multiple measures, CU and GS25 both claim they are the No. 1 player in South Korea’s convenience store (CV) market.CU, operated by BGF R...
Oct 07, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom to host SK AI Summit in Seoul
South Korea's SK Telecom Co. said on Monday that it will host the SK AI Summit 2024 on November 4-5 at COEX in Seoul, expanding the annual event int...
Oct 07, 2024 (Gmt+09:00)
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Korean startups
Two out of 5 CEOs hold negative views on Korean startup scene
Nearly half of South Korean startups hold negative views on the country’s startup ecosystem, citing the prolonged startup funding winter and t...
Oct 04, 2024 (Gmt+09:00)
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Corporate investment
Korea’s KCC Glass to invest $525 mn more in Indonesian plant
KCC Glass Corp., a major South Korean construction materials manufacturer, is set to invest an additional 700 billion won ($524.8 million) in its In...
Oct 04, 2024 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand