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Hyundai in a catch-22 as it absorbs U.S. tariffs, but no price hike proves costly
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Latest News from Korea
- Korea’s battery material maker Enchem scraps $143 mn US plant plan
Enchem’s electrolyte plant in the US state of Georgia (File photo) Enchem Co., a South Korean battery material maker, has scrapped its plan to invest $143 million to build a plant in the US due to the protracted downturn in the world’s third-largest electric vehicle market, industry sources in Seoul said on Wednesday. Enchem, the world’s No. 4 electrolyte manufacturer,… Read more: Korea’s battery material maker Enchem scraps $143 mn US plant plan - Hyundai, Kia set record US sales in Q3 as green cars defy tariff threatHyundai Palisade (Courtesy of Hyundai Motor) Hyundai Motor Co. and Kia Corp. posted record quarterly sales in the US in the third quarter, thanks to strong demand for hybrids, electric vehicles and sport utility vehicles offsetting tariff concerns that have clouded imported autos. The South Korean automakers sold a combined 480,175 vehicles in the July-September quarter, up 12% from a… Read more: Hyundai, Kia set record US sales in Q3 as green cars defy tariff threat
- Korea Exchange to cut trading fees for 1st time in two decades as Kospi hits record high past 3,500An official at Woori Bank’s forex dealing room in Seoul smiles as the Kospi breaks above the 3,500 mark to close at a record high 3,549.21 points The Korea Exchange (KRX) will slash stock trading fees by up to 40% in December, marking the first overhaul of its pricing structure since its bourse operator’s launch in 2005, according to people… Read more: Korea Exchange to cut trading fees for 1st time in two decades as Kospi hits record high past 3,500
- Hana Financial to take full control of Hana Asset to bolster retirement, ETF fundsHana Financial Group headquarters building in Seoul (Courtesy of Hana Financial) Hana Financial Group is moving to take full ownership of its asset management arm, a step aimed at strengthening its position in South Korea’s rapidly growing retirement and exchange-traded fund markets. The company, one of South Korea’s top five financial holding firms, plans to acquire a 100% stake in… Read more: Hana Financial to take full control of Hana Asset to bolster retirement, ETF funds
- South Korea to share monthly FX intervention data with US(Courtesy of Yonhap) South Korea and the US struck a new foreign-exchange policy accord that officials in Seoul said could lay the groundwork for a prompt bilateral currency swap arrangement, while reducing the risk of Washington designating Asia’s fourth-largest economy a currency manipulator. The agreement, announced Wednesday jointly by the US Treasury Department and Korea’s Ministry of Economy and Finance,… Read more: South Korea to share monthly FX intervention data with US
Latest Entertainment from Korea
- WAKONE AUDITION: Your Chance to Shine Alongside ZEROBASEONE and Kep1er – Apply Now to Begin Your K-pop JourneyPhoto Credit: WAKE ONE Entertainment If you’ve ever dreamed of stepping onto the K-pop stage, this is your moment. Wakeone Entertainment, the powerhouse behind rising stars ZEROBASEONE and the ever-popular Kep1er, is opening doors for global talent through ongoing online auditions. Known for discovering young performers and nurturing them into multi-talented artists, Wakeone is searching for the next wave of… Read more: WAKONE AUDITION: Your Chance to Shine Alongside ZEROBASEONE and Kep1er – Apply Now to Begin Your K-pop Journey
- Rosé’s Hollywood Moment: BLACKPINK’s Star Reimagines Global Iconography with Cinematic Poise in The Hollywood Reporter PictoriaPhoto Credits: The Hollywood Reporter. THE BLACK LABEL ROSÉ, the effervescent vocalist of BLACKPINK, graces the October issue of The Hollywood Reporter with a striking cover and pictorial spread that feels less like a feature and more like a cinematic unveiling. Here, she is not simply a pop idol crossing borders — she is commanding space in the global cultural imagination, her… Read more: Rosé’s Hollywood Moment: BLACKPINK’s Star Reimagines Global Iconography with Cinematic Poise in The Hollywood Reporter Pictoria
- CORTIS x KPOP NARA bring NYC fansign excitement with poster reveal and exclusive competition event detailsPhoto Credits: BigHit Music. Kpop Nara The energy of New York City is set to rise as CORTIS joins forces with KPOP NARA for a highly anticipated fansign event, making waves among both local and international fans. The official announcement comes with the release of a bold and stylish poster, setting the tone for an unforgettable gathering that bridges the… Read more: CORTIS x KPOP NARA bring NYC fansign excitement with poster reveal and exclusive competition event details
- IVE Jang Wonyoung Shines in ELLE Korea x Kérastase October 2025 Pictorial: Stylish Elegance Meets Modern SophisticationPhoto Credits: ELLE. Korea Kerastase Starship Entertainment IVE’s Jang Wonyoung graces the October 2025 issue of ELLE Korea in a stunning collaboration with luxury haircare brand Kérastase, offering a captivating preview of a pictorial that blends sleek style with radiant elegance. The shoot captures Wonyoung’s evolution from idol to fashion muse, featuring polished looks that highlight both her youthful charm… Read more: IVE Jang Wonyoung Shines in ELLE Korea x Kérastase October 2025 Pictorial: Stylish Elegance Meets Modern Sophistication
- Libelante Lights Up Seoul on November 1 with ‘BRILLANTE’ Concert – Tickets on NOL Website Now Available for the Rising K-pop Vocal QuartetPhoto Credits: EMK Entertainment Libelante, the talented South Korean four-member vocal K-pop group, is set to captivate fans with their upcoming 2025 concert titled “BRILLANTE” on November 1 in Seoul. Known for their genre-crossing sound and youthful energy, Libelante rose to fame as winners of the male crossover survival show Phantom Singer 4 in 2023 and officially debuted on August… Read more: Libelante Lights Up Seoul on November 1 with ‘BRILLANTE’ Concert – Tickets on NOL Website Now Available for the Rising K-pop Vocal Quartet
Learn People & History of Korea
- The Evolution of Busan: A Historical Journey Through South Korea’s Second Largest Metropolitan CityAncient Beginnings: The Founding of Busan Busan, known as the second largest metropolitan city in South Korea, has a rich history that dates back to ancient times. The earliest recorded existence of Busan can be traced to the Goryeo Dynasty, where it was referenced as a vital coastal settlement. Its strategic location along the southeastern coast of the Korean Peninsula… Read more: The Evolution of Busan: A Historical Journey Through South Korea’s Second Largest Metropolitan City
- The Evolution of Pyongyang: A Journey Through History, Economy, and Political DynamicsIntroduction to Pyongyang Pyongyang, the capital city of North Korea, serves as a prominent symbol of the nation’s history and culture. Geographically located on the banks of the Taedong River, in the southwest part of the country, Pyongyang is situated within a strategic area that has historically facilitated trade and cultural exchange. The city’s origins can be traced back to… Read more: The Evolution of Pyongyang: A Journey Through History, Economy, and Political Dynamics
- The Evolution of Seoul: From Ancient Korea to Modern Metropolis and BeyondAncient Beginnings: The Founding of Seoul The city of Seoul, known today as the vibrant capital of South Korea, has ancient roots that trace back to the Three Kingdoms period of Korea, specifically the kingdoms of Baekje and Silla. Evidence suggests that Seoul was originally established as a settlement given its strategic geographical advantages. Nestled within the Han River basin,… Read more: The Evolution of Seoul: From Ancient Korea to Modern Metropolis and Beyond
- Exploring Korean Traditional Games in Squid Game: From Season 2 to Upcoming Season 3Introduction to Korean Traditional Games Korean traditional games have long been an integral part of the country’s cultural landscape, offering more than mere entertainment. These games, which range from simple children’s pastimes to complex community activities, hold significant cultural significance and often serve as a means of preserving history and promoting social interaction. Rooted in centuries of tradition, these games… Read more: Exploring Korean Traditional Games in Squid Game: From Season 2 to Upcoming Season 3
- Unveiling the Past and Present of Saju: The Art of Korean Fortune TellingIntroduction to Saju Saju, a traditional Korean fortune-telling practice, is an intricate art that seeks to interpret an individual’s fate based on their birth date and time. The term “Saju” translates to “four pillars” in English, referring to the four critical components derived from these time markers: year, month, day, and hour. This method holds significant cultural value within South… Read more: Unveiling the Past and Present of Saju: The Art of Korean Fortune Telling
