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Seoul office vacancies rise to 25% on job loss

Brokerages shed staff, shut branches after 2013 earnings fall to 8-year low

Real estate woes: New-building construction is lifting Seoul's vacancy rate in general b ut the Yeouido financial district seems to be getting hit harder.

[SEOUL] Lee Sang Kun doesn't need to read the real-estate section to know South Korea's financial hub is emptying.

Mr Lee, 65, who operates a coffee shop in Seoul's main financial district, said his regular customers have been disappearing for most of the past year. First it was the new...

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