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Seoul Housing Affordability Craters as Prices, Rents Diverge From Wages

Seoul Housing Affordability Craters as Prices, Rents Diverge From Wages

(Photo=Pixabay) Housing affordability in Seoul has deteriorated sharply, with the income needed to buy or rent a home reaching multi-year highs, according to new industry data. The figures place South Korea’s capital among the world’s least affordable major cities, alongside global hubs like New York and San Francisco. Data from KB Real Estate, a primary source of housing market statistics

Dec 4 2025
09:00 AM PST
Coupang Executives Sold Stock Amid Data Breach Investigation

Coupang Executives Sold Stock Amid Data Breach Investigation

(Photo=coupang) Senior executives at Coupang, the South Korean e-commerce giant, sold millions of dollars in company shares during the period when a major data breach was being discovered and investigated, regulatory filings show. According to Securities and Exchange Commission filings, Chief Financial Officer Gaurav Anand sold 75,350 shares on Nov. 10 for approximately $2.1 million. Separately, former Vice President Pranam

Dec 4 2025
08:00 AM PST
South Korea Lags in Unicorn Creation, Ranking 11th Globally With Just 13 Startups

South Korea Lags in Unicorn Creation, Ranking 11th Globally With Just 13 Startups

Photo=Motionelements South Korea ranks 11th in the world for the number of unicorns — privately held startups valued at $1 billion or more — highlighting the country’s slow pace in producing high-value, innovative companies. According to an analysis by the Korea Chamber of Commerce and Industry (KCCI) of CB Insights’ global unicorn list, South Korea had 13 unicorns as of

Dec 3 2025
01:00 PM PST
South Korea’s Auto Exports Poised for First Decline in Five Years as U.S. Tariffs, Local Output Bite

South Korea’s Auto Exports Poised for First Decline in Five Years as U.S. Tariffs, Local Output Bite

Photo=KIA South Korea’s auto exports are on track to fall for the first time in five years, with U.S. tariffs and the rapid expansion of local production weighing on global shipments heading into 2025. KAMA, the nation’s auto-industry association, forecasts outbound vehicle exports at between 2.71 million and 2.72 million units this year, a decline of roughly 2% to 3%

Dec 3 2025
12:00 PM PST
Coupang Executives Sold Millions in Stock After Data Breach Occurred, Filings Show

Coupang Executives Sold Millions in Stock After Data Breach Occurred, Filings Show

Photo=Coupang Coupang executives sold millions of dollars’ worth of company stock shortly after a major customer data breach took place — but before the company publicly disclosed the incident — according to newly released U.S. regulatory filings. SEC filings show that Coupang CFO Gaurav Anand sold 75,350 shares of Coupang Inc. on November 10 at an average price of $29.0195,

Dec 3 2025
11:00 AM PST