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South Korea
Nuclear war with North Korea isn't imminent, US officials say
SEOUL/WASHINGTON (Aug 14): Two top US national security officials sought to tamp down fears of imminent nuclear war with North Korea following days of heightened rhetoric by President Donald Trump, as America’s top general prepares to meet with South Ko
August 14, 2017
Global Markets
US$165 bil money manager says Japanese stock gloom is overdone
TOKYO (April 17): Japanese stocks have been battered so badly that they’re too cheap to ignore, says the US$165 billion ($230.3 billion) investor Pictet Asset Management Ltd., after the Topix index tumbled to its fifth straight weekly loss.
April 17, 2017
If Trump hits China, regional demand would soften blow in Asia
(Feb 2): If Donald Trump slapped China with punishing tariffs, the pain would also be felt by Japan, South Korea and Taiwan, vital cogs in a regional supply chain that allows China to build widgets and gadgets for the world.
February 03, 2017
AsiaMedic to acquire LuyeEllium Healthcare for $42.2 mil
SINGAPORE (Jan 20): AsiaMedic has signed a binding term sheet with its controlling shareholder Luye Medicals Group and the shareholders of LuyeEllium Healthcare Co to acquire LuyeEllium for $42.2 million.
January 20, 2017
Startups, Entrepreneurs, Digital economy
Sweden gains, South Korea reigns as world's most innovative economies
(Jan 17): There’s something about those Nordic countries.
January 17, 2017
Crude Oil
Saudis curb oil to China, Southern Asia as others spared
SINGAPORE (Jan 12): Saudi Arabia was said to cut February crude sales to China and southern Asian nations while largely sparing countries including Japan and South Korea, as it curbs supply as part of a deal between OPEC and other producers.
January 12, 2017
Tech
Samsung Electronics considers split as investor pressure builds
SEOUL (Nov 30): Tech giant Samsung Electronics Co Ltd, under pressure from shareholders to improve investor returns, said on Tuesday it will consider creating a holding company in what would be the biggest shake-up in its 47-year history.
November 30, 2016
Troubled Hanjin's fleet shrinks to a tenth of its size
SINGAPORE (Nov 14): Hanjin Shipping Co.’s fleet has shrunk to about a tenth of its size after the South Korean container line returned most of its chartered vessels to owners in the weeks following its bankruptcy filing.
November 14, 2016
iX Biopharma secures Canadian patent for WaferiX
SINGAPORE (Oct 31): iX Biopharma announced that it has secured a Canadian patent for its WaferiX drug delivery technology.
October 31, 2016
Cacola to focus on luxury furniture market, proceed with rights issue
SINGAPORE (Sept 22): Cacola Furniture International will be embarking on a number of new measures to drive growth in its furniture manufacturing business, following an extensive review of its operations.
September 22, 2016