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...
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 long-dormant consumer sector is showing signs of revival, as shoppers – once paralyzed by political uncertainty – re...
In Seoul’s Hannam district, the storefront that once housed Various Small Fires (VSF) now sits empty, a “For Rent” sign taped to i...
An increasing number of asset management firms in South Korea are more frequently exercising their voting rights at portfolio companies. Nevertheles...
South Korea’s food exports climbed 10% on-year to $7.26 billion in 2024, led by ramen, ready-to-eat meals and seasoned seaweed, according to g...
Celltrion Inc., South Korea’s largest biosimilar developer, will issue bonus shares to bolster its stock performance, which has been in the do...
South Korea’s processed food exports are expected to reach 6 trillion won ($4.4 billion) this year after Korean food companies have aggressive...
South Korea’s beauty industry has been reaping decent gains from traditionally strong markets such as China and the US – the world&rsquo...
South Korea’s largest institutional investor, the National Pension Service (NPS), remains a strong backer of the country’s top four fina...
Despite mounting economic headwinds and heightened investor caution, the prime office market in Seoul posted a modest recovery in the first quarter,...
As beauty-conscious tourists continue to flock to Seoul’s clinics, South Korea’s aesthetic medicine sector may be entering a golden era,...
About half of the office buildings in Seoul’s major business districts are over 30 years old, falling short of demand for modern and high-end ...
Coupang Inc., South Korea’s largest e-commerce platform, extended its year-on-year sales growth with an 11.1% increase to post $7.9 billion in...
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 ...
South Korea will allow short selling of all listed stocks in the country as of Monday for the first time in five years, raising expectations of more...
South Korea’s top and third-ranked food delivery apps, Baedal Minjok (Baemin) and Yogiyo, saw their biggest-ever monthly drops in transaction ...
South Korea’s beauty industry is undergoing a major reshuffle, with new players rising to prominence while established giants face growing com...
South Korean shipbuilders are expected to benefit from a potential surge in demand for liquefied natural gas (LNG) and crude oil carriers as US Pres...
The outlook for South Korean shipbuilders’ liquefied natural gas (LNG) bunkering ship construction looks bright as the global LNG-powered ship...
South Korea’s top four financial holding firms are estimated to have posted their highest-ever profits in 2024, driven by hefty interest incom...
Samsung Electronics Co. flagged weaker-than-expected earnings for the last quarter of last year due to a fall in memory chip prices and soft demand ...
South Korea’s Hanwha Group is set to more than double its employees at Hanwha Philly Shipyard in the US over the next 10 years as the chemic...
Mergers and acquisitions of South Korean startups halved in value in 2024 as conglomerates and Big Tech firms such as Naver Corp. and Kakao Corp. sn...
South Korea’s retail giant E-Land Group has achieved 1 trillion won ($689 million) in Korean sales of the global sports footwear and apparel b...
South Korean personal mobility (PM) company Gbike, the operator of PM sharing service platform Gcoo, said on Wednesday it started the electric kick ...
Yen-denominated deposits in South Korea fell in November, dragging down overall foreign-currency savings, as investors took profits from the Japanes...
South Korea’s leading asset manager Mirae Asset Financial Group has emerged as the world’s 12th-largest exchange-traded fund (ETF) manag...
With the increase in international travel during the summer, overseas card spending by South Korean residents reached a record high in the third qua...
LOS ANGELES – José Muñoz, freshly tapped as the next chief executive of Hyundai Motor Co., says the current market uncertainty s...
LG Electronics Inc., a leading South Korean home appliance maker, has emerged as one of the world’s top five players in the heating, ventilati...