Hyundai Motor’s high-stakes gambit in US: Cut vehicle prices as rivals hike theirs

Hyundai Motor’s high-stakes gambit in US: Cut vehicle prices as rivals hike theirs

As global automakers raise prices in the US market to respond to new Washington import tariffs, South Korea’s Hyundai Motor Group is taking th...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet

South Korea’s Hyundai Glovis Co. is poised to become the world’s first shipping company to deploy artificial intelligence-based autonomo...

Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age

Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age

In a dramatic showing on the famed hill climb of West Sussex, Hyundai Motor Co. on Thursday debuted the IONIQ 6 N, its second high-performance elect...

Organic food chain Chorocmaeul up for sale amid liquidity woes

Organic food chain Chorocmaeul up for sale amid liquidity woes

Financial investors in Chorocmaeul Co., a South Korean organic food store chain, are seeking to sell the management control of the company, which re...

HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders

HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders

HD Hyundai Co., the world’s largest shipbuilding group based in South Korea, has signed a memorandum of understanding with India’s large...

BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders

BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders

BTS member Suga and former Major League Baseball (MLB) pitcher Chan Ho Park are putting their money on the Athletics, formerly the Oakland Athletics...

Hyundai Rotem seals record $6.5 bn K2 tank deal with Poland

Hyundai Rotem seals record $6.5 bn K2 tank deal with Poland

Hyundai Rotem Co., a South Korean defense system developer, will export its battle tanks to Poland in what would be the largest single export deal f...

Goldman Sachs acquires Mercure Ambassador: 1st stint with Korean hotels

Goldman Sachs acquires Mercure Ambassador: 1st stint with Korean hotels

Goldman Sachs, in partnership with JB Asset Management Co., has acquired Mercure Ambassador Seoul Hongdae, a prominent mixed-use commercial property...

KKR in control feud over Korea’s top solar power plant

KKR in control feud over Korea’s top solar power plant

Global private equity giant KKR & Co. Inc. is embroiled in a management dispute over South Korea’s top solar power plant with key individu...

Hyundai helps Korean economy most with $265 bn contribution

Hyundai helps Korean economy most with $265 bn contribution

Hyundai Motor Group, the world’s third-biggest automaker, generated the most economic value among major South Korean conglomerates last year, ...

Miri Capital closes in on STIC Investments chairman’s stake

Miri Capital closes in on STIC Investments chairman’s stake

Miri Capital Management LLC has steadily raised its stake in STIC Investments Inc., narrowing the ownership gap with the firm’s founder and Ch...

S.Korea’s power transformer exports soar as global supply shortage bites

S.Korea’s power transformer exports soar as global supply shortage bites

South Korean power equipment makers are riding a wave of export growth, with their transformers in high demand amid a global rush to reinforce power...

Hyundai Motor-backed Motional names AI veteran Laura Major as CEO

Hyundai Motor-backed Motional names AI veteran Laura Major as CEO

Motional Inc., the autonomous driving joint venture backed by Hyundai Motor Group, has appointed Laura Major, an artificial intelligence and robotic...

Hyundai Steel to displace Baoshan as GM Korea's supplier

Hyundai Steel to displace Baoshan as GM Korea's supplier

Hyundai Steel Co. is poised to displace Baoshan Iron & Steel Co. as a key supplier to GM Korea Co., a unit of General Motors Co., as the US carm...

Lotte Chemical, HD Hyundai seek to combine naphtha cracking facilities

Lotte Chemical, HD Hyundai seek to combine naphtha cracking facilities

Lotte Chemical Corp. and HD Hyundai Co. are in talks to consolidate their naphtha cracking operations in South Korea’s Daesan petrochemical co...

Hyundai Rotem set to finalize $6 bn K2 tank order from Poland

Hyundai Rotem set to finalize $6 bn K2 tank order from Poland

Hyundai Rotem Co., a South Korean defense company, is set to finalize a tank supply contract with Poland, with the deal's value nearly doubling &nda...

Hyundai Motor Group dominates US Best Cars for Teens awards

Hyundai Motor Group dominates US Best Cars for Teens awards

Hyundai Motor Group has claimed seven out of 12 categories in US News & World Report’s Best Cars for Teens for 2025 awards, marking its fo...

KT&G seeks $200 mn acquisition of Nordic nicotine pouch maker

KT&G seeks $200 mn acquisition of Nordic nicotine pouch maker

KT&G Corp. is in talks to acquire a leading nicotine pouch company in Northern Europe for about 300 billion won, or  $200 million, investme...

Hanwha Ocean to team up with Polish shipyards for Navy project bid

Hanwha Ocean to team up with Polish shipyards for Navy project bid

Hanwha Ocean Co. is ramping up efforts to win Poland's highly competitive next-generation submarine project, worth around 3 trillion won ($2.2 billi...

HD Hyundai Group joins S.Korea’s 100 trillion won market cap club

HD Hyundai Group joins S.Korea’s 100 trillion won market cap club

South Korean shipbuilding conglomerate HD Hyundai Group has joined South Korea’s elite club of conglomerates with a market capitalization exce...

DB Group eyes Hanyang Securities amid KCGI deal uncertainty

DB Group eyes Hanyang Securities amid KCGI deal uncertainty

DB Group, which owns DB Securities Co. and DB Insurance Co., is considering acquiring Hanyang Securities Co., as a deal by South Korean private equi...

Tencent to become SM Entertainment's No. 2 shareholder via HYBE deal

Tencent to become SM Entertainment's No. 2 shareholder via HYBE deal

Tencent Music Entertainment Group is set to become the second-largest shareholder of SM Entertainment Co. by acquiring HYBE Co.'s remaining shares i...

Korea’s KT signs $95 million AI partnership with Vietnam’s Viettel Group

Korea’s KT signs $95 million AI partnership with Vietnam’s Viettel Group

South Korea’s leading telecommunications service provider KT Corp. said on Tuesday it has signed a 130 billion won ($95 million) strategic par...

NPS to ramp up shareholder engagement with overseas companies

NPS to ramp up shareholder engagement with overseas companies

South Korea’s National Pension Service (NPS) plans to deepen shareholder engagement with its foreign portfolio companies, signaling a more ass...

NPS gobbles up Korea’s top 4 financial holding stocks

NPS gobbles up Korea’s top 4 financial holding stocks

South Korea’s largest institutional investor, the National Pension Service (NPS), remains a strong backer of the country’s top four fina...

KKR sells 9.5% stake in HD Hyundai Marine, recoups $450 million

KKR sells 9.5% stake in HD Hyundai Marine, recoups $450 million

Global private equity firm KKR & Co. Inc., formerly known as Kohlberg Kravis Roberts & Co., has sold a 9.5% stake in HD Hyundai Marine Solut...

Hyundai Rotem lands $301 mn Taiwan driverless train deal

Hyundai Rotem lands $301 mn Taiwan driverless train deal

Hyundai Rotem Co. has won a 420 billion won ($301 million) order to build autonomous electric trains for Taiwan’s Taichung Metro, adding to a ...

Hyundai Motor, PIF break ground on Saudi Arabia plant

Hyundai Motor, PIF break ground on Saudi Arabia plant

Hyundai Motor Co. has joined forces with the Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, to build its first manufactur...

Korea’s Sono to sell Air Premia stake to focus on another LCC

Korea’s Sono to sell Air Premia stake to focus on another LCC

South Korea's top resort operator Sono Hospitality Group has decided to sell its entire stake in low-cost carrier (LCC) Air Premia Inc. at a profit ...

KT&G eyes overseas M&A after rejecting activist fund's offer

KT&G eyes overseas M&A after rejecting activist fund's offer

KT&G Corp., South Korea’s dominant tobacco and ginseng producer, is seeking to acquire a Japanese ginseng company after dismissing a 1.9-t...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared