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Korea to bolster efforts to protect Korean copyrights overseas

Korea will up government efforts to protect Korean content copyrights in Thailand, related government agencies and companies said in a joint press release Monday. The Korea Copyright Protection Agency (Kcopa) held a joint conference with...

2023-03-27

Nonbanking firms' real estate financing risks loom large amid sluggish housing market

The loan exposure of nonbanking financial companies to real estate project financing (PF) has spiked to an alarming level in recent years, posing potential credit risks amid a decline in the housing market, industry data showed Sunday.

2023-03-27

Global bank woes spark default jitters at savings banks

Savings banks are facing the risk of loan defaults, as the collapse of global banks could further rattle the property market.

2023-03-22

Appraisal value of homes falls 18.6%, steepest decline on record

The appraisal value of homes fell almost 20 percent this year, the steepest decline on record.

2023-03-22

Korean property market to be supported by the government

Korean financial regulators will provide more support for the property market in order to increase the odds of a soft landing.

2023-03-06

Property market in Korea shows signs of life amid uncertainty

Property prices and the number of transactions have recovered this year following a series of deregulation measures, while uncertainties remain due to monetary tightening and economic weakness.

2023-02-20

ChatGPT raises many questions related to ethics and IP

ChatGPT, an advanced chatbot system developed by OpenAI, could create risks, ranging from those related to intellectual property to those related to ethics.

2023-02-08

Property market to be supported by Korean financial regulators

Korea's regulators are coming in with heavy support for the property market, which has been teetering as a result of falling values and high debt levels.

2023-01-30

Korean construction companies struggle as rates, costs rise

Construction companies in Korea are struggling with stressed balance sheets, putting financial institutions exposed to them at risk.

2023-01-05

Death of Korea's 'apartment king' leaves 100s in property purgatory

An audacious gamble using a real estate trick possibly unique to Korea failed to pay off for one man, leaving hundreds of tenants in legal limbo.

2022-12-15

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