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

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.

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.

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.

Startups, Entrepreneurs, Digital economy

Sweden gains, South Korea reigns as world's most innovative economies

(Jan 17): There’s something about those Nordic countries.

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.
Samsung Galaxy Note 7

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.
Hanjin

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.

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.

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.
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