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South Korea
Kim Jong Un leaves South Korean leader’s peace legacy in ruins
When North and South Korea opened their first liaison office, President Moon Jae-in declared a “new era has dawned.” This week, Kim Jong Un showed him how little had changed when he reduced the US$15 million building to rubble.
June 18, 2020
North Korea blows up South Korea liaison office, Seoul says
North Korea destroyed an inter-Korean liaison office on its side of the border Tuesday, South Korea said, shortly after threatening military action in the region over anti-Pyongyang leaflets sent into its territory.
June 16, 2020
Covid-19
Why America is losing to Covid-19
The US's struggles with Covid-19 stem not from a lack of effective disease control measures, but rather from a failure to deploy them decisively.
April 09, 2020
Covid-19
Korean 5G craze dampened by coronavirus
(April 3): South Korea is struggling to retain its lead in global next-generation 5G telecom services, as the coronavirus pandemic further cools sentiment of consumers whose interest in the technology has waned due to cost and quality concerns.
April 03, 2020
REITs
Mapletree Logistics Trust eyes $41.4 mil acquisition of logistics property in South Korea
Based on the purchase price, the acquisition is expected to generate stabilised NPI yield of 6.4%. It is also expected to be accretive at the distribution level.
January 22, 2020
Startups, Entrepreneurs, Digital economy
Delivery hero nears agreement to buy Woowa in US$4 bil deal
(Dec 13): Delivery Hero SE has agreed to buy control of Woowa Brothers Corp in a deal that values the operator of South Korea’s biggest food-delivery app at US$4 billion ($5.4 billion).
December 13, 2019
Global Markets
Briefs
SINGAPORE (Oct 28): “Closing the gaps requires both jobseekers and employers to be more open and flexible.” – Singapore’s Manpower Minister Josephine Teo, on the widening mismatch between job seekers and openings available
October 25, 2019
Food & Beverage
Kim Jong Un may be hiding a hog apocalypse from the world
(Oct 13): By official accounts, the pig contagion wreaking havoc across Eastern Asia has virtually skipped over North Korea, with a single outbreak reported there in May. But wayward feral pigs have stoked concern that Kim Jong Un’s reclusive state is h
October 13, 2019
SE Asian economies
Goldman cuts growth forecasts for Asia’s four 'tiger' economies
(Aug 16): Goldman Sachs Group Inc slashed growth forecasts for the “Asian Tigers” as their exposure to the world economy -- once one of their greatest strengths -- is now backfiring as global growth slows amid trade tensions.
August 16, 2019
Currencies
Emerging Asia’s US$5 trillion reserves put to test in currency war
(Aug 7): It used to be that a buildup in foreign reserves was seen as a bulwark against currency shocks and swift turns in investor sentiment.
August 07, 2019