ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Media & Entertainment

New York Times move shows Seoul ready to rival Tokyo as Asia hub

South Korean capital has become an outward-looking and tech-savvy city

The cities of Seoul, left, and Tokyo both offer various advantages for businesses looking to move people out of Hong Kong. (Source photos by AFP/Jiji)

SEOUL/TOKYO -- South Korea's soft power has been in rising recent years, with K-pop group BTS becoming a global sensation, "Parasite" winning Best Picture at the Oscars, and dramas such as "Crash Landing On You" winning viewers across the world.

But while the momentum of the Korean Hallyu cultural wave appears relentless, The New York Times' decision last month to move Asia-based digital news operations from Hong Kong to Seoul came as surprise to many.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more