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HD Hyundai Robotics to raise $144.3 mn to bolster AI-powered robots
HD Hyundai Robotics participated in AUTOMATICA 2025, the world-renowned robotics exhibition held in Germany, in July 2025 (Courtesy of HD…
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Korean tycoons head to US to support summit; Samsung likely to unveil fresh investment
Samsung Group Chairman Lee Jae-yong heads to Washington to support the Korea-US summit on Aug. 24, 2025 The heads of…
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Hyundai and Kia join forces with Korean EV battery giants to take on China
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Bill Gates strengthens ties with Samsung, SK, HD Hyundai on energy, biotech, philanthropy projects
Samsung Group Chairman Lee Jae-yong (center) welcomes Bill Gates at Samsung’s headquarters in Seoul on Aug. 22, 2025 Bill Gates,…
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South Korea’s president to visit US with 15 business leaders after Japan
President Lee Jae Myung of South Korea (left) and US President Donald Trump South Korea’s President Lee Jae Myung will…
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Korean firms target $5 bn in bond sales as credit spreads hit 14-mth low
(Courtesy of Getty Images) South Korean companies are ramping up bond offerings ahead of the Korean Thanksgiving holiday in early…
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HD KSOE buys Doosan Vina for $207.5 mn in green ship push
Doosan Vina (Courtesy of HD KSOE) HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) agreed to buy a full…
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Korea to tighten stewardship code with workplace safety penalties; accident-prone firms remain wary
A construction site in Seoul South Korea is preparing sweeping changes to its stewardship code that will allow public pension…
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S.Korea’s petrochemical firms to cut capacity on state urge for rigorous restructuring
Finance Minister Koo Yoon-cheol (right) presides over a meeting of economy-related ministers on strengthening the petrochemical sector’s competitiveness South Korea’s…
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Kospi-listed firms underperform in Q2 with gloomy H2 forecast
South Korean firms suffered steeper losses in the second quarter as hefty US import tariffs took a toll, fueling fears…
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POSCO, JSW to build 6 million-ton steel plant in India
POSCO’s No. 2 hot rolling mill at the Pohang Steel Works (Courtesy of POSCO) South Korea’s largest steelmaker POSCO Group…
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HD Hyundai to build quantum-secure network for shipbuilding, defense
HD Hyundai Heavy’s shipyard in Ulsan (Courtesy of HD Hyundai) HD Hyundai Co., the parent of the world’s largest shipbuilder,…
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Hyundai speeds up Africa-Middle East drive with Algeria plant
(Courtesy of Getty Images) Hyundai Motor Co. plans to build an auto manufacturing plant in Algeria, the South Korean auto…
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S.Korea cracks down on Chinese color-coated steel plate tariff evasion
Thick steel plates produced at a Hyundai Steel mill (Courtesy of Hyundai Steel) South Korea is moving to slap anti-dumping…
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HMM to buy back $1.5 bn shares, paving way for KDB’s fund recovery
HMM Co., South Korea’s largest shipping firm, will buy back and cancel 2.14 trillion won ($1.5 billion) worth of shares,…
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“Thank You, Stray Kids”: Comeback Buzz Drives JYP Enter Rally
Stray Kids group concept photo (courtesy of JYP Entertainment) Stray Kids is turning up the heat ahead of their much-awaited…
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S.Korea’s Lee to visit Japan next week for talks with Ishiba, resumes shuttle diplomacy
President Lee Jae Myung (right) shakes hands with Japanese Prime Minister Shigeru Ishiba during their talks on the sidelines of…
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South Korea’s EV sales jump, hinting at end to market slump
(Courtesy of Kia) South Korea’s electric vehicle market is showing signs of recovery after a prolonged slowdown, with both new…
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S.Korea-US summit set for Aug. 25 with focus on security, economy
President Lee Jae Myung of South Korea (left) and US President Donald Trump President Lee Jae Myung of South Korea…
Discussion, Donald Trump, G7, Hyundai, Japan, LG, Military, Peace, Samsung, Samsung Electronics, Seoul, travel -
Hyundai to roll out 1st electric SUV tailored for China in September
A second-generation model of Palisade released in South Korea in January 2025 (Courtesy of Hyundai Motor) Hyundai Motor Co. is…
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South Korea, Vietnam to nearly double bilateral trade to $150 billion by 2030
South Korean President Lee Jae Myung (first on right) and To Lam (second on left), general secretary of Vietnam’s Communist…
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Hyundai overtakes Volkswagen as world’s No. 2 profitable carmaker
Hyundai Motor Co.’s sport utility vehicles – the Kona (from left), the Tucson and the Santa Fe (File photo by…
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Hyundai, GM to co-develop five brand new vehicles, seek joint sourcing
General Motors Chief Executive Mary Barra (left) and Hyundai Motor Group Chairman Chung Euisun sign a strategic alliance MOU in…
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HD Hyundai Heavy wins US Navy ship MRO deal, 1st under MASGA accord
The USNS Alan Shepard, a US Navy cargo ship to undergo an MRO project by HD Hyundai Heavy Industries HD…
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S.Korea’s top 3 shipbuilders launch MASGA TF, eye 2-track strategy
A baseball cap bearing the slogan “Make America Shipbuilding Great Again,” crafted by the South Korean government and modeled after…
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Investors dump Korean shares after tax reform; the won plunges
The Kospi ends at 3,119.41 after losing 3.9% on Aug. 1, 2025 Investors rushed to sell off South Korean stocks…
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Winners & Losers: S.Korean industries navigate uneven US tariff terrain
US President Donald Trump (center) poses for a photo with South Korean government officials after agreeing on a new tariff…
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Seoul rallies corporate titans in all-out bid to ward off US tariffs
US Commerce Secretary Howard Lutnick (center on left) and South Korea’s Deputy Prime Minister and Finance Minister Koo Yoon-cheol (second…
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Samsung Chairman Lee heads to US as chips become key trade leverage
Lee Jae-yong (left), chairman of Samsung Electronics, met with President Lee Jae-myung at a group meeting with other business leaders…
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LIG Nex1 edges out Hanwha to lead S.Korea’s ‘Iron Dome’ project
Cheongung II South Korea’s LIG Nex1 Co. will lead development of the country’s next-generation missile defense system, beating out longtime…
