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

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.

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.

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

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.

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

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

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.

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.
Samsung Galaxy Note 7

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.
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