Donald Trump
Unbiased History & Stories on Korea for Global Audience
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Hyundai Steel sells over 1 mn tons of auto steel to non-captive customers
High-strength hot stamping steel sheets for car body developed by Hyundai Steel Hyundai Steel Co., South Korea’s second-largest steelmaker, sold…
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Allsale, the lead K-beauty ambassador in US
Screenshot captured from the Allsale Linkedin post Allsale Corporation, a South Korean startup operating an influencer marketing platform, is in…
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BOK lowers growth forecasts to bolster rate cut expectations
President Yoon Suk Yeol is taken to the Seoul Detention Center after being questioned at the Corruption Investigation Office for…
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S.Korea’s job growth slows for 2 straight years in 2024
Seoul Metropolitan Government’s youth job support center (Courtesy of Yonhap) South Korea’s job growth slowed last year amid a prolonged…
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HD Hyundai eyes foray into US navy ship repair market in June
HD Hyundai Heavy delivered an Aegis detroyer to the South Korean Navy in November 2024 HD Hyundai Heavy Industries Co.,…
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LG mulls US plant expansion to deal with Trump 2.0 tariffs
LG Electronics’ washing machine and dryer plant in Clarksville, TN (Courtesy of LG Electronics) CLARKSVILLE, TN — South Korea’s appliance…
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Hankook Tire gains edge over Chinese rivals under Trump tariffs
Hankook Tire’s first plant in Clarksville, Tennessee CLARKSVILLE, Tennessee — At the Hankook Tire plant in Clarksville early this month,…
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Hyundai Mobis to boost US production to cope with Trump
Hyundai Mobis’ holographic windshield display unveiled at CES 2025 (Courtesy of Hyundai Mobis) LAS VEGAS — Hyundai Mobis Co., the…
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Political crisis ups downside risk to S.Korea’s economy: S&P, Moody’s
Containers at a port in Incheon (Courtesy of Yonhap) Global credit rating agencies warned of looming downward pressure on South…
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LG Energy logs 1st quarterly loss in over 3 years, outlook remains gloomy
LG Energy’s cell-to-pack technology for pouch batteries (File photo by LG Energy) LG Energy Solution Ltd. reported its first quarterly…
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Hyundai mulls building 1st overseas steel mill in Louisiana
Hyundai Steel employees smelting iron at a blast furnace (Courtesy of Hyundai Steel) WASHINGTON D.C. – Hyundai Motor Group is…
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Hyundai’s Chung Euisun urges to guard against pessimism in ‘perfect storm’
in News
Hyundai Motor Executive Chair Chung Euisun gives a New Year’s address to group employees in Goyang, near Seoul, on Jan.…
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Hyundai, Kia sell 7.23 mn units together in 2024, eye more sales in 2025
in News(Courtesy of Hyundai Motor Group) Hyundai Motor Co. and its sibling Kia Corp. have set a target to sell 7.39…
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Seoul office sales rebound for first time in 4 years in 2024
in NewsThe front view of The Asset (center) The Seoul office market bounced back for the first time in four years…
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Hyundai, Kia EVs qualify for US subsidies for first time
in NewsHyundai Motor Group operates plants in Alabama and Georgia in the US Five electric vehicle models of Hyundai Motor Group,…
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Korea sharply cuts 2025 growth forecast, opens door for extra budget
in News
Protesters (left) urge to oust South Korean President Yoon Suk Yeol, while Yoon’s supporters oppose his impeachment in Seoul on…
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Korea’s 2024 exports hit all-time high, driven by chips, shipments to China
in News
Korea saw its exports reach a record high in 2024 South Korea’s exports, the country’s main growth driver, reached an…
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K-food, fashion, beauty to up ante on global push in 2025
in NewsBibigo store South Korean food, beauty and fashion companies, which have enjoyed robust demand for their products in overseas markets…
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South Korea jumps to world’s No. 6 exporter; 2025 outlook dims
in NewsBusan port South Korea has significantly narrowed the gap in export value with Japan to a record low of $20.2…
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M&A deals in South Korea at 7-year low in 2024
in NewsSouth Korea’s mergers and acquisitions market shrank further in 2024 as leading business groups such as Lotte, SK and GS…
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Korea’s Shinsegae chairman holds in-depth talks with Trump
in News
South Korea’s Shinsegae Group Chairman Chung Yong-jin (center) speaks to South Korean journalists at Hartsfield-Jackson Atlanta International Airport in Georgia…
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US finalizes $4.7 bn chip subsidy for Samsung before Trump takes office
in NewsSamsung Electronics’ chip plant under construction in Taylor, Texas, on Jan. 2, 2024 (File photo by EPA via Yonhap) WASHINGTON…
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Hanwha completes acquisition $100 mn Philly Shipyard
in NewsPhilly Shipyard in Philadelphia, Pennsylvania (Courtesy of Hanwha Group) South Korean chemicals-to-defense conglomerate Hanwha Group completed the acquisition of Philly…
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SK Hynix to receives $958 mn subsidy from US
in NewsSK Hynix Inc. secured a combined subsidy of $458 million in grants and $500 million in loans, a total of…
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Leonardo’s Coulter named Hanwha Aerospace’s 1st foreign global chief
in News
Michael Coulter, former Leonardo DRS International president, now heads Hanwha Aerospace’s global defense business (Courtesy of Leonardo DRS) Hanwha Aerospace…
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Korean won seen to rebound from 2-yr low after Yoon’s impeachment
in NewsPresident Yoon Suk Yeol said he would never give up in a nationally televised speech after parliament voted to impeach…
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Why did Yoon Suk Yeol withdraw Martial Law so quickly?
in CommunitySo yes obviously what he attempted was foolish and nothing short of treacherous. And yes it was carried out it…
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S.Korea’s economic system remains resilient, says Fin Min
in NewsKorea’s Finance Minister Choi Sang-mok (center) speaks at an emergency economic policy meeting on Dec. 8, 2024 (Courtesy of News1…
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Korean economic policy chiefs play down martial law impact
in NewsFinance Minister Choi Sang-mok (Courtesy of the Ministry of Economy and Finance) South Korea’s Finance Minister Choi Sang-mok said on…
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S.Korea’s inflation stays at 1% level for 3rd straight month
in NewsSouth Korea’s consumer prices remained steady at the 1% level for a third month in a row in November thanks…
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LG Energy set to acquire GM’s $1 bn stake in Ultium JV plant in Michigan
in News
LG Energy Solution’s lithium-ion polymer batteries South Korea’s LG Energy Solution Ltd. plans to acquire General Motors Co.’s stake in…
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Korean companies’ cash reserves swell to record high
in News(Courtesy of Getty Images) Cash holdings at South Korean companies have soared to their highest-ever level, data showed on Monday.…
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BOK makes first back-to-back rate cuts since 2009 global crisis
in News
Bank of Korea Governor Rhee Chang-yong speaks to reporters after the central bank unexpectedly cuts interest rates on Nov. 28,…
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Samsung reshuffles top brass; Co-CEO to directly control memory business
in NewsSamsung Vice Chairman and co-CEO Jun Young-hyun will directly control its memory business Samsung Electronics Co., the world’s No. 1…
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Korean pension funds buy a net $1.2 bn Kospi stocks in November
in NewsNational Pension Service’s Investment Management headquarters in Jeonju, North Jeolla Province South Korean pension funds continued their buying spree on…
