Seoul office vacancy rates

Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the most energy-efficient vehicle in the US, further driving the South Korean automaker&rs...

French luxury brand Chanel abruptly suspended the operation of its boutique in the section of high-end brands within Galleria Department Store in an...

South Korea's artificial intelligence (AI) startup Upstage announced on Thursday that it will co-develop and commercialize On-device AI Office with ...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, posted a 13.59% annualized return last year, makin...

Trapped in a downward spiral, South Korea saw the country’s total fertility rate hit a new record low of 0.72, also again the world’s lo...

Seoul City announced on Tuesday that it will collaborate with Cyber Valley GmbH, Europe's largest artificial intelligence (AI) research consortium, ...

South Korea’s power utility Korea Electric Power Corp. (KEPCO) on Friday posted its second straight quarterly profit, sharply above market for...

Samsung Electronics Co. announced on Friday that its enterprise version of the tablet Galaxy Tab Active5 started to sell on business-to-business (...

South Korea’s central bank held its policy rate flat at 3.5% for a ninth straight session on Thursday as it was deemed too early for a rate cu...

LG Electronics Inc. will develop hospitality robots jointly with South Korea’s luxury hotel chain operator Josun Hotels & Resorts Co. to m...

A South Korean real estate fund is set to post a 100% loss as the value of its sole asset, a prime office building wholly leased to Norway’s l...

South Korea’s luxury hotels are enjoying the return of tourists following years of COVID-19 restrictions, which significantly hurt their sales...

South Korea’s major ocean carriers HMM Co. and Hyundai Glovis Co. aim to take advantage of the booming car shipping business as vehicle freigh...

Wefun, a Seoul-based startup operating an office maintenance, repair and operation (MRO) platform, plans to go public next year after successfully r...

Brookfield Asset Management Ltd. will increase its debt on the International Finance Center in Seoul (IFC Seoul), South Korea to up to 2.7 trillion ...

South Korean financial service companies are seeing increased losses in global real estate amid the commercial property value plunge and concerns ar...

US Treasury bonds are gaining popularity among retail investors in South Korea amid expectations that the US Federal Reserve will cut interest rates...

Sindoh Co., a leading manufacturer of multi-functional printers in South Korea, is set to tap an investment banking expert as its chief executive. W...

The South Korean government is seeking to lower the country’s video streaming service, or over-the-top (OTT) media service, rates as part of i...

The Seoul Metropolitan Government plans to turn an abandoned train maintenance depot in the central district of Yongsan into the world’s large...

Samsung C&T Corp.'s construction unit and Hyundai Engineering & Construction Co. stood out with increased profits last year on overseas proj...

South Korea’s headline inflation dropped for a third straight month to a six-month low on declining oil prices, adding relief to the central b...

South Korea’s Hana Financial Group on Wednesday reported a dip in net profit in 2023, with record earnings at its flagship Hana Bank offset by...

Global real estate will be the least-chosen asset class for South Korean institutional investors this year, according to a recent survey. Despite curr...

Digital infrastructure, such as data centers, towers and smart meters, will be the hottest infrastructure asset this year for South Korean limited par...

Private debt and infrastructure will remain South Korean institutional investors’ favorite alternative asset classes for the second straight yea...

Sovereign wealth fund Korea Investment Corporation (KIC) said on Monday it has launched its Mumbai office, establishing the state-run fund’s f...

South Korean food and beverage giant Nongshim Co. announced on Friday that it will open its brand zone in Myeongdong, Seoul with the domestic street...

South Korea's Lotte Department Store announced on Thursday that is has secured the exclusive franchise and distribution rights for Bacha Coffee, M...

Lotte Property & Development Co. (Lotte P&D) announced on Wednesday that the total number of visitors to Lotte World Tower and Mall last yea...