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South Korea
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.
September 08, 2017
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.
August 22, 2017
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
August 21, 2017
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