Kia's Lego-like PV5 with 16 variants to hit market in July
Kia Corp., South Korea’s second-largest carmaker under Hyundai Motor Group, is set to redefine mobility solutions with its modular electric pl...
S.Korea’s Bebesup earns China nod for baby skincare, eyes global expansion
Bebesup, a leading South Korean baby skincare and wipe brand, has secured a registration certificate from the China National Medical Products Admini...
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...
Kia to make, sell China-launched EV5 in Korea to keep top spot
Kia Corp., South Korea’s second-largest automaker, plans to manufacture and sell the EV5, its first China-made all-electric vehicle, at home t...
Samsung's Q2 profit seen weaker, bottoming out in H2
Samsung Electronics Co. is likely to deliver weaker-than-expected results for the second quarter, with operating profit estimated to decline by more...
Now, it’s K-vehicle: KG Mobility, Kia lead S.Korea’s military vehicle exports
South Korea’s once domestically focused automakers are making significant inroads into the global defense sector, with a string of recent cont...
K-Beauty defies seasonal slump with record $980 mn in April exports
The global appetite for Korean beauty products shows no sign of slowing, with their exports in April surging 20% year on year to a record high, ev...
Maybe Happy Ending: A robot love story that rewrote Broadway playbook
On an unremarkable evening in November 2024, inside the opulent Belasco Theatre in Manhattan, something quietly historic was taking place.A delicate...
Shinhan Financial’s overseas business blooms, on track for record earnings
Shinhan Financial Group Co., South Korea’s leading financial holding company, is poised to surpass 1 trillion won ($692 million) in annual net...
Kia maintains double-digit margin in Q1 with record revenue
Kia Corp., South Korea’s second-largest automaker, extended its double-digit profit margin streak to a 10th consecutive quarter, posting recor...
SK Hynix’s Q1 profit soars on HBM chips, beats Samsung’s overall earnings
SK Hynix Inc., the world’s second-largest memory chipmaker, reported a dramatic surge in first-quarter profits on Thursday, delivering the sec...
Korean hotels bask in rising foreign visitors; travel agencies in trouble
Hotels in South Korea are booming thanks to a surge in foreign visitors on a weaker won currency, while domestic travel agencies are suffering from ...
Kia EV3 named 2025 World Car of the Year; Hyundai Inster wins EV award
NEW YORK – Hyundai Motor Group, the world’s third-largest automaker, snagged top trophies for its low-cost electric vehicles at the 2025...
Hyundai's nuclear-grade steel earns US quality certification
South Korean steelmaker Hyundai Steel Co. said on Wednesday it has received the Nuclear Material Supplier Quality System Certificate (QSC) from the ...
S.Korea’s foreigners-only casinos bask in return of Chinese high rollers
South Korea’s foreigners-only casinos are witnessing a significant rise in their sales revenue with the return of high rollers from China and ...
Kia to build North America-targeted electric pickup model
Kia Corp., South Korea’s second-largest carmaker, will build an electric pickup model tailored for North America to enter the world’s la...
Hyundai Steel picks Donaldsonville as $5.8 bn US plant site, seeks investors
South Korea’s Hyundai Steel Co. has chosen Donaldsonville, Louisiana, as the location for its $5.8 billion US steel mill, marking a major stra...
Kia to release PV9 in 2029, retains CEO for 3 more years
Kia Corp. will release a new purpose-built vehicle (PBV) model every two years, with plans to launch the PV9 in 2029 and its first model, the PV5, t...
Kia to ramp up Seltos output to meet high global demand
Kia Corp. will expand production of its compact sport utility vehicle, the Seltos, after selling 310,000 units of the model across the globe, making...
Kia’s Chinese operations turn to profit after 8 years; Export strategy pays off
South Korea’s No. 2 automaker Kia Corp. saw its Chinese operations turn profitable in 2024 for the first time in eight years as brisk exports ...
Hyundai, Kia ready to ramp up EV output in Europe, US
South Korea’s top two automakers Hyundai Motor Co. and Kia Corp. are expected to ramp up electric vehicle production in Europe and the US to b...
Kia CEO stands firm on electrification strategy, premieres EV4 in Europe
TARRAGONA, Spain – Despite a temporary slowdown in electric vehicle demand and intensifying competition from Chinese automakers, Kia Corp. rem...
S.Korea’s corporate bond market cools amid poor earnings
Investors’ appetite for corporate debts sold by South Korea’s petrochemical, retail and battery companies has waned this month amid grim...
US Capital Group raises stake in South Korea’s LS Electric
Capital Group Companies Inc. has increased its stake in LS Electric Co., a South Korean supplier to Elon Musk’s X.AI Corp., as the US asset ma...
Hanwha Systems posts record earnings in 2024 on brisk defense sales
Hanwha Systems Co., a leading South Korean defense company, reported its best-ever earnings last year thanks to brisk sales of its defense systems i...
Naver founder to return as board chair; 2024 earnings solid
Lee Hae-jin, the founder of South Korea’s No. 1 internet portal operator Naver Corp., is set to return to the company to lead the board amid t...
KB Financial to buy back $359 bn in shares after record net profit in 2024
KB Financial Group Inc., South Korea’s largest financial holding group, will spend nearly 1.8 trillion won ($1.2 billion) to boost shareholder...
Korean financial holding firms log record-high profits in 2024
South Korea’s top four financial holding firms are estimated to have posted their highest-ever profits in 2024, driven by hefty interest incom...
Hyundai, Kia enjoy record January US sales on eco-friendly cars
South Korea’s top automaker Hyundai Motor Co. and its affiliate Kia Corp. saw their US sales in January rise to record highs thanks to the gro...
Samsung to focus on HBM, other high-end chips after weak Q4 earnings
Samsung Electronics Co., the world’s largest memory chipmaker, on Friday vowed to cut its production of legacy chips and increase sales of pre...
