The South Korean won currency on Tuesday fell to the weakest level in 17 months, briefly touching the psychologically important 1,400 per dollar level, as foreign investors sold the country’s assets on the growing concerns over a wider Middle East conflict and expectations

South Korea’s chip design companies are turning their sights overseas to tap into the 593 trillion won ($426 billion) system semiconductor market.According to industry officials on Tuesday, Samsung Electronics Co.’s design solution partners (DSPs) are actively establi

Singapore’s Keppel REIT Management Ltd. is set to divest of its Seoul-based prime office building T Tower near Seoul Station.Real estate managers Jones Lang LaSalle (JLL) and Colliers, the lead managers for the sale, said on Tuesday they will select a preferred bidder among

Affinity Equity Partners is set to buy SK Rent-a-Car Co., South Korea’s No. 2 car leasing company, at some 800 billion won ($572 million), raising expectations that the leading Asian buyout fund manager, under new leadership, may resume acquisitions in the country after a three-year hiatus.SK Networks Co., a unit of South Korea’s second-largest conglomerate SK Group, selected Affinity as a preferred bidder to sell a 100% stake in the