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...
POSCO, South Korea’s largest steelmaker, will supply hydrogen-induced cracking (HIC)-resistant steel to Saudi Arabian Oil Co., or Aramco, for ...
POSCO, South Korea’s largest steelmaker, has sold Zhangjiagang Pohang Stainless Steel (PZSS), its loss-generating stainless steel joint ventur...
US President Donald Trump on Monday announced new tariffs of 25% on South Korea, set to take effect on Aug. 1 unless the two countries reach a trade...
Earnings at LG Electronics Inc. nearly halved in the second quarter after the Trump administration's tariff hikes pushed up raw material costs, maki...
Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, has abandoned plans to build a new manufacturing plant in Mexico and ...
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is posting sh...
Hyundai Motor Group, the world’s third-biggest automaker, generated the most economic value among major South Korean conglomerates last year, ...
South Korea’s POSCO Group has been permanently inducted into the Hall of Fame by the World Steel Dynamics (WSD), a US steel industry research ...
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...
South Korea’s newly elected President Lee Jae-myung plans to meet with the country’s top business leaders before departing for the Group...
Factory activity slowed across much of Asia in May as uncertainty over U.S. tariffs continued to cause steep declines in new orders, purchasing ma...
The Korea Investment Corporation (KIC) on Tuesday discussed infrastructure investment opportunities and risks in the wake of the US government&rsquo...
South Korea has officially requested that the US take a distinct approach in its ongoing probe into foreign semiconductor technology and related dow...
The US has eased tariffs on automotive parts that took effect on May 3, offering a sigh of relief to South Korean suppliers, who said a worst-case s...
Shares in South Korea’s leading entertainment companies are rallying amid growing signs that China will likely lift its longstanding ban on Ko...
WASHINGTON, D.C. – The US tariff increases are adding risk premiums to dollar-denominated assets, undermining the dollar’s role as a glo...
Shinhan Financial Group Co., South Korea’s leading financial holding company, is poised to surpass 1 trillion won ($692 million) in annual net...
POSCO Holdings Inc. has raised second-quarter prices of thick plates used in vessels amid concerns over tighter supply after South Korea levied anti...
Kia Corp., South Korea’s second-largest automaker, extended its double-digit profit margin streak to a 10th consecutive quarter, posting recor...
WASHINGTON, D.C. – South Korea and the US have agreed to work together to craft a comprehensive tariff-liberalization package by July 8, marki...
South Korea’s top automaker Hyundai Motor Co. defied mounting global trade headwinds and a fresh round of US import tariffs to deliver record ...
The effects of President Trump’s new tariffs are starting to be felt across the world, preliminary South Korean trade data suggest, as Seoul p...
Hong Kong-based activist fund Oasis Management is ramping up hiring for its Korea team as Seoul’s push to boost corporate value and strengthen...
South Korea’s top steel maker POSCO has decided to invest in Hyundai Steel Co.'s first overseas plant in Louisiana and collaborate on research...
Hyundai Motor Group, the world’s third-largest automaker, plans to unveil 42 new models, including hybrids of existing cars, next year to cope...
The Bank of Korea (BOK) left its benchmark interest rate unchanged at 2.75% on Thursday, with Governor Rhee Chang-yong warning that a surge in globa...
South Korean steelmaker Hyundai Steel Co. said on Wednesday it has received the Nuclear Material Supplier Quality System Certificate (QSC) from the ...
South Korean consumers exhibited recessionary spending behavior in March, cutting expenditures across nearly all sectors, except healthcare and educ...
South Korean consumers exhibited recessionary spending behavior in March, cutting expenditures across nearly all sectors, except healthcare and educ...