Your Daily Scan of the New Global Economy

South Korea

Intel South Korea

  • [Monitor] Chinese, Americans own most homes in Korea

    From the beginning of 2017 until the end of May of this year, a total of 23,219 foreign nationals have purchased apartments in South Korea, with the number of units reaching 23,167. The data was released by the National Tax Service as it announced p

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  • Bioneer to supply Colombia with W5.6b worth of COVID-19 kits

    Bioneer signed a deal worth 5.6 billion won ($4.7 million) to supply the South American country of Colombia with COVID-19 test kits and sequencing machine, the company said Tuesday. Bioneer has the capability to provide both COVID-19 test kits and t

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  • Booking.com to cut thousands of workers after COVID-19 travel hit

    Booking Holdings Inc. is the latest online travel giant to eliminate thousands of jobs after the coronavirus pandemic hammered the industry. As much as 25 percent of employees at Booking.com, the company’s biggest business, will be cut, th

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  • Hanmi’s once returned pipeline finds new partner in US

    Hanmi Pharmaceutical licensed out HM12525A to American firm MSD on Tuesday as a nonalcoholic fatty liver treatment candidate — a promising turn of events after the pipeline was returned by Janssen last year. HM12525A, variably known as “LAPS

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  • Hyundai Motor’s US sales turns positive in 5 months

    Hyundai Motor’s sales in the US market rose slightly over a period of five months, after struggling from the pandemic. Hyundai Motor America said Tuesday it reported total sales of 57,677 units last month in the region, a 1 percent increase f

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