South Korea

Kim summit in Singapore in doubt as North Korea suspends talks with South after 'provocation'

(May 16): North Korea on Wednesday threw into question an unprecedented summit between its leader Kim Jong Un and US President Donald Trump scheduled for next month, denouncing military exercises between South Korea and the United States as a provocation

Property

GIC in joint venture to acquire South Korean office property for $518 mil

SINGAPORE (May 9): Singapore’s state-owned investment firm GIC has entered into a joint venture partnership to acquire the Grade A office building in Seoul’s central business district for 418 billion won ($518 million).

Broker's Calls

DBS 'generally positive' on Ascendas Hospitality Trust's South Korea hotel acquisition

SINGAPORE (Apr 30): DBS Group Research remains positive on Ascendas Hospitality Trust (A-HTRUST), following the REIT’s maiden entry into South Korea.

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

US & South Korea reach agreement on trade, steel tariffs

SEOUL/WASHINGTON (Mar 26): The US and South Korea reached an agreement on revising the allies’s six-year-old bilateral trade deal and President Donald Trump’s plan to impose tariffs on imported steel, Treasury Secretary Steven Mnuchin said.

Property

Ascendas-Singbridge acquires Gangnam office building through new private REIT

SINGAPORE (Nov 21): Ascendas-Singbridge Group, the urban development & business space solutions provider, says subsidiary Ascendas Asset Management launched its fifth office fund in South Korea on Sept 28.

Investing strategies

What to look for in equity markets as the business cycle ages

SINGAPORE (Sept 13): With the emergence of renewed geopolitical tensions, the upward incline of equity markets have come to a halt in August, even after a strong earnings season for 2Q.

Aviation & Engineering

This budget airline says it can cut air fares by 30%

SINGAPORE (Sept 8): A new South Korean budget carrier says it can help push air fares down by as much as 30% and still stay profitable in a market already crowded with six rivals.

All of Asia at risk if second Korean War erupts

(Aug 22): A recent survey commissioned by the New York Times found that people who could find North Korea on a map were more likely to favour talks over military action. A glance at North Asia’s geography explains why.

South Korea's red line threatens bottom line for these companies

(Aug 21): Annual military drills between the US and South Korea this week could reignite tensions after Kim Jong Un and President Donald Trump traded barbs. For foreign firms that count on South Korea for significant revenue, any escalation that curbs com
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