N Seoul Tower
Scope
Date
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Real estate
NongHyup likely to join $654 mn bid for Seoul D Tower office building
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 ...
Jun 10, 2024 (Gmt+09:00)
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Electronics
Samsung unveils 2024 monitors at Summer Game Fest
Samsung Electronics Co. unveiled its new 2024 monitor models at the largest North American game show Summer Game Fest, held at the YouTube Theater i...
Jun 10, 2024 (Gmt+09:00)
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Real estate
WeWork closes major office in Seoul for restructuring
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 ...
Jun 04, 2024 (Gmt+09:00)
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K-pop
ADOR CEO behind NewJeans stays with HYBE after court win
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...
May 30, 2024 (Gmt+09:00)
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Business & Politics
S.Korea, UAE sign economic partnership, reaffirm $30 bn investment
South Korea and the United Arab Emirates on Wednesday signed a comprehensive economic partnership agreement (CEPA) to facilitate bilateral trade aft...
May 29, 2024 (Gmt+09:00)
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Leadership & Management
Ex-Porsche engineer Harrer to lead Hyundai’s high-performance push
Hyundai Motor Group is upping the ante to lead in the luxury and high-performance car market and speed up electrification by tapping a high-profile ...
May 28, 2024 (Gmt+09:00)
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Travel & Leisure
InterContinental Seoul COEX to close in July
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...
May 27, 2024 (Gmt+09:00)
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Pension funds
NPS corp governance committee taps SNU professor as member
A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...
May 20, 2024 (Gmt+09:00)
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Real estate
Korea's Taeyoung to sell local hotel to speed up debt workout
South Korea’s Taeyoung Group, which is undergoing a debt workout of its construction unit, is considering selling a four-star hotel and releva...
May 12, 2024 (Gmt+09:00)
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Energy
KEPCO teams up with Kyrgyzstan for new energy technology
Korea Electric Power Corp. (KEPCO), the state-run utility company, has joined hands with Kyrgyzstan for new energy businesses including high-voltage...
May 10, 2024 (Gmt+09:00)
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Retail
E-Land Retail to enter convenience store market
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...
May 10, 2024 (Gmt+09:00)
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Aerospace & Defense
South Korea to accept Indonesia’s KF-21 project cost cut proposal
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...
May 08, 2024 (Gmt+09:00)
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Venture capital
UAE to invest up to $1 bn in S.Korean ventures
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...
May 07, 2024 (Gmt+09:00)
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Travel & Leisure
Aman, Rosewood, Banyan, IHG rush to open luxury hotels in Seoul
Renowned global hospitality companies, including Aman, Rosewood and IHG Group, are rushing to South Korea to launch new five-star luxury hotels in...
May 05, 2024 (Gmt+09:00)
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Business & Politics
Biden exempts graphite from EV mineral sourcing rule in win for Korea
WASHINGTON, D.C. – The US government has given automakers additional flexibility on battery mineral requirements, allowing electric vehicles w...
May 05, 2024 (Gmt+09:00)
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Travel & Leisure
Lotte Tour's Jeju Island casino triples revenue
Jeju Dream Tower Casino, located on South Korea's top tourist island of Jeju and run by Lotte Tour Development Co., surpassed $6 million in cumula...
May 03, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor ties up with CATL to reinvigorate China market with EVs
BEIJING -- Hyundai Motor Co., South Korea’s top carmaker, has joined hands with Contemporary Amperex Technology Co. (CATL), the leading global...
Apr 25, 2024 (Gmt+09:00)
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North Korea
N.Korean hackers attack South’s arms makers for tech data
North Korean hackers allegedly attacked South Korean arms manufacturers and stole technical data from them over more than a year Seoul’s polic...
Apr 23, 2024 (Gmt+09:00)
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Insurance
Korea's Lotte Insurance put on market for around $1.5 bn
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...
Apr 23, 2024 (Gmt+09:00)
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Bio & Pharma
HK inno.N to release K-CAB in MENA market
South Korean bio-health company HK inno.N announced on Tuesday that it signed a contract with Saudi Arabian local pharmaceutical company Tabuk Pharm...
Apr 23, 2024 (Gmt+09:00)
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Korean food
CJ CheilJedang's K-style rice gains popularity in N.America
South Korea’s CJ CheilJedang Corp. said on Tuesday that its sales of the flagship brand Bibigo’s Cooked Sticky White Rice in North Ameri...
Apr 23, 2024 (Gmt+09:00)
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Electronics
LG Elec sees AI air conditioner sales 30% increase in Q1
LG Electronics Inc. announced on Friday that the sales of air conditioner models equipped with artificial intelligence (AI) features in the Whisen l...
Apr 19, 2024 (Gmt+09:00)
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Banking & Finance
Foreign banks expand Korean operations amid China’s slowdown
Major foreign banks have actively increased staff at their operations in South Korea to offset growing uncertainty in their business in China, grapp...
Apr 18, 2024 (Gmt+09:00)
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Real estate
Keppel REIT to sell Seoul-based prime office T Tower
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...
Apr 16, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis to unveil crab-walking car in S.Korea
South Korea’s Hyundai Mobis, the world’s sixth-largest auto parts supplier, announced on Thursday that it will participate in the 37th I...
Apr 12, 2024 (Gmt+09:00)
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Fashion
Korea’s Sae-A Trading buys US sportswear maker Tegra
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 ...
Apr 09, 2024 (Gmt+09:00)
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Investment banking
Goldman Sachs names Choi Seoul office chief
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...
Apr 08, 2024 (Gmt+09:00)
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Private debt
Golf equipment maker Taylormade to refinance $222 mn of debt
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...
Apr 08, 2024 (Gmt+09:00)
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Fashion
Chanel to open after-sales service center in Seoul
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...
Apr 03, 2024 (Gmt+09:00)
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Real estate
Blackstone sells prime Seoul office building for $586 mn to Koramco
Blackstone Inc. completed selling off Arc Place, a prime office building located in Seoul's upscale Gangnam area, to Koramco REITs Management and Tr...
Apr 01, 2024 (Gmt+09:00)