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Korea
M&A
Datapulse announces diversification plans with intended acquisition of hotel in Seoul
SINGAPORE (Oct 4): Datapulse Technology is seeking to acquire a hotel located near the Myeongdong district in Seoul, Korea, as part of its plans to expand the company’s core business from optical disc manufacturing to include hotel and hospitality inves
October 04, 2018
Kim Jong Un makes history with short walk over Korean border
TOKYO/SEOUL (Apr 27): Kim Jong Un on Friday became the first North Korean leader to enter South Korea since the peninsula was divided almost seven decades ago as talks begin over dismantling his nuclear weapons program.
April 27, 2018
Global Markets
Asia's growth to moderate in 3Q, says DBS
SINGAPORE (June 12): Growth in the global economy should moderate in 3Q but is not expected to end any time soon, says DBS.
June 12, 2017
Koh Brothers goes 'Gangnam style' with acquisition of $119 mil property
SINGAPORE (May 19): SGX Mainboard-listed Koh Brothers Group on Friday says it has made its maiden entry into the Korean real estate market with the joint-acquisition of a freehold site in Seoul’s famed Gangnam-gu district for 95.8 billion Korean won ($1
May 19, 2017
Global Markets
Risky and complex US loan wagers are red hot in low-yield Asia
NEW YORK (May 19): Asia’s yield-hungry investors have a lot riding on the financial engineers of Wall Street.
May 19, 2017
Global Economy
The strange case of Korea and Taiwan's diverging export fortunes
SYDNEY (March 28): South Korean workers' wages are rising faster than those of regional rivals, and the power of the nation's sprawling conglomerates, or chaebols, remains unchecked, highlighting a lack of serious economic reform. Yet manufacturi
March 28, 2017
Broker's Calls
Hold your bets on Genting
SINGAPORE (Jan 13): Genting Singapore may be preparing for a potential casino bid in Japan by selling its stake in Resorts World Jeju for US$411 million ($587 million) and recognising a gain of $93 million, but CIMB is not placing its bets on the casino o
January 13, 2017
Spackman’s Korean crime action film presold to 31 countries
SINGAPORE (Dec 6): Spackman Entertainment Group has presold the distribution rights for its Korean crime action film, Master, to 31 countries, including Singapore, Hong Kong, Taiwan and the US.
December 06, 2016
Tech
Galaxy Note 7 recall did not damage Samsung brand in US: Reuters/Ipsos poll
SAN FRANCISCO (Nov 21): A global recall of fire-prone Galaxy Note 7 smartphones did not appear to hurt US consumers' willingness to buy Samsung Electronics phones, a Reuters/Ipsos opinion poll released on Sunday showed.
November 21, 2016
Tech
Samsung scraps Galaxy Note 7 over fire concerns
SEOUL (Oct 12): Samsung Electronics Co Ltd scrapped its flagship Galaxy Note 7 smartphone on Tuesday less than two months after its launch, dealing a huge blow to its reputation and outlook after failing to resolve safety concerns.
October 12, 2016