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...

South Korea’s Lee completes cabinet lineup with IT executive, lawmaker

South Korea’s Lee completes cabinet lineup with IT executive, lawmaker

South Korean President Lee Jae Myung has tapped an information technology firm executive as culture minister and a ruling party lawmaker as land min...

NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1

NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1

NH Investment & Securities Co. retained its lead in South Korea’s equity capital market (ECM) in the first half, riding a surge in large-s...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge

Global memory chip markets, long weighed down by excess inventories and sagging demand, are showing early signs of a thaw.South Korea’s export...

Time to spend: Korean shoppers loosen purse strings on luxuries, hotels

Time to spend: Korean shoppers loosen purse strings on luxuries, hotels

South Korea’s long-dormant consumer sector is showing signs of revival, as shoppers – once paralyzed by political uncertainty – re...

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 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...

Liberal Lee Jae-myung wins election as South Korean president

Liberal Lee Jae-myung wins election as South Korean president

South Korea’s liberal politician Lee Jae-myung has been elected the country's next president. Lee has pledged to revive Asia’s fourth-la...

S.Korea imports Canadian oil for 1st time under Trump's 2nd term

S.Korea imports Canadian oil for 1st time under Trump's 2nd term

South Korea has imported crude oil from Canada for the first time amid escalating tariff tensions between the US and Canada since Donald Trump's ret...

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...

Bill Clinton in Seoul to meet with MBK's ByungJu Kim, business leaders

Bill Clinton in Seoul to meet with MBK's ByungJu Kim, business leaders

Michael ByungJu Kim, co-founder, partner and chairman of Seoul-based private equity firm MBK Partners Ltd., is set to meet with former US President ...

Hanwha acquires Ourhome for $622 million in push to revive food business

Hanwha acquires Ourhome for $622 million in push to revive food business

South Korea’s Hanwha Group has completed the acquisition of the country’s No. 2 food service and catering company Ourhome Ltd. for 869.5...

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...

Hyundai Motor posts solid Q1; rough road ahead on Trump's auto tariffs

Hyundai Motor posts solid Q1; rough road ahead on Trump's auto tariffs

South Korea’s top automaker Hyundai Motor Co. defied mounting global trade headwinds and a fresh round of US import tariffs to deliver record ...

Hyundai to launch 42 new cars to cope with Trump tariffs, EV slowdown

Hyundai to launch 42 new cars to cope with Trump tariffs, EV slowdown

Hyundai Motor Group, the world’s third-largest automaker, plans to unveil 42 new models, including hybrids of existing cars, next year to cope...

Ex-US Congressman Drew Ferguson to head Hyundai's Washington office

Ex-US Congressman Drew Ferguson to head Hyundai's Washington office

Hyundai Motor Group has appointed former Republican Congressman Drew Ferguson as head of its Washington office, a strategic move designed to bolster...

Hyundai Motor launches global talent recruitment program

Hyundai Motor launches global talent recruitment program

South Korea’s top automaker Hyundai Motor Co. has launched a global talent recruitment program, beginning April 1 via its official hiring webs...

Hyundai Steel picks Donaldsonville as $5.8 bn US plant site, seeks investors

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...

Hyundai’s new American dream comes with new plant, more spending

Hyundai’s new American dream comes with new plant, more spending

ELLABELL, Georgia – When Hyundai Motor Group Honorary Chairman Chung Mong-koo opened the South Korean automaker’s first US plant in Alab...

Samsung Heavy makes breakthrough in FLNG liquefaction technology

Samsung Heavy makes breakthrough in FLNG liquefaction technology

Samsung Heavy Industries Co., a major Korean shipbuilder, has made a breakthrough in its liquefaction technology for floating liquefied natural gas ...

Hyundai Motor shares rally after US investment plan

Hyundai Motor shares rally after US investment plan

Hyundai Motor’s shares gained ground after it unveiled a new U.S. investment plan to help avoid President Trump’s tariffs.The South Kore...

Hyundai Motor to invest $21 billion in US amid tariff concerns

Hyundai Motor to invest $21 billion in US amid tariff concerns

South Korean auto behemoth Hyundai Motor Group will invest $21 billion to expand its manufacturing in the US, which could provide Hyundai and its ho...

LG Electronics restarts home appliance plant in Russia

LG Electronics restarts home appliance plant in Russia

LG Electronics Inc. has resumed operations at its home appliance plant in Russia amid prospects of a ceasefire between Russia and Ukraine, signaling...

BNK's planned acquisition of Hyundai Motor Securities building falters

BNK's planned acquisition of Hyundai Motor Securities building falters

BNK Asset Management Co.'s bid to acquire the Hyundai Motor Securities building in central Seoul has hit a stumbling block as the main tenant, Hyund...

Kakao founder Kim to resign as control tower chair

Kakao founder Kim to resign as control tower chair

Kakao Corp. founder Kim Beom-soo, also known as Brian Kim, will step down as chairman of the South Korean tech giant’s top decision-making bod...

Naver to name new CFO as incumbent financial manager's term nears end

Naver to name new CFO as incumbent financial manager's term nears end

South Korea’s tech giant Naver Corp. is expected to soon announce a new chief financial officer as its current CFO Kim Nam-sun, credited for t...

Hyundai Motor to build fuel cell plant in South Korea

Hyundai Motor to build fuel cell plant in South Korea

Hyundai Motor Co. will build a local fuel cell plant in South Korea, accelerating its bid to create an entire hydrogen fuel cell value chain in line...

Netmarble to launch new game 'RF Online Next'

Netmarble to launch new game 'RF Online Next'

Netmarble Corp., South Korea’s leading game developer, is slated to roll out “RF Online Next” on March 20, a revamp of the old tit...

Trump says Korea interested in Alaska gas project; Korean firms skeptical

Trump says Korea interested in Alaska gas project; Korean firms skeptical

South Korea, Japan and other countries want to partner with the US in a $44 billion natural gas pipeline project in Alaska, President Donald Trump s...

MBK commits to restoring Homeplus operations: MBK Vice Chairman Kim

MBK commits to restoring Homeplus operations: MBK Vice Chairman Kim

MBK Partners, facing increasing scrutiny over its highly leveraged acquisition of Homeplus Co., has pledged to go all-out to restore the struggling ...

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