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...

Korean commercial act revision to drive reevaluation of equities: J.P. Morgan

Korean commercial act revision to drive reevaluation of equities: J.P. Morgan

J.P. Morgan, a leading US investment bank, has thrown its weight behind South Korea’s landmark commercial act revision, saying that the new go...

The wait is over: BTS are back with new album, global tour in spring 2026

The wait is over: BTS are back with new album, global tour in spring 2026

Now the wait is over.BTS are back – as a full-member group after a four-year hiatus.The seven-member boy band is returning with a new album in...

Economic strain drives millennials, Gen Z into collectible craze

Economic strain drives millennials, Gen Z into collectible craze

SHANGHAI – Standing in the rain, lines of people snake along Nanjing Dong Lu, Shanghai’s bustling shopping street, outside a Miniso shop...

MSCI maintains S.Korea’s emerging-market status; level playing field eyed

MSCI maintains S.Korea’s emerging-market status; level playing field eyed

South Korea’s years-long bid for developed-market status has suffered yet another setback after global index provider MSCI Inc. declined to ad...

Loss-making Lotte Chemical to sell water treatment unit to Synopex

Loss-making Lotte Chemical to sell water treatment unit to Synopex

Lotte Chemical Corp., South Korea’s second-largest petrochemical company grappling with mounting losses amid a prolonged industry downturn, wi...

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...

Partners Group sees infrastructure secondaries quadrupling to $60 bn

Partners Group sees infrastructure secondaries quadrupling to $60 bn

Infrastructure secondaries are gaining momentum as the infrastructure sector attracts investors seeking stable and predictable returns amid heighten...

LG to drive future growth in emerging markets with battery prowess

LG to drive future growth in emerging markets with battery prowess

LG Group, South Korea’s fourth-largest conglomerate by assets, should step up its efforts to foster future growth with promising technologies,...

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...

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...

Samsung Biologics drives foreign lead in Korea’s biotech supply chain

Samsung Biologics drives foreign lead in Korea’s biotech supply chain

A surge in orders from Samsung Biologics Co., the world’s largest contract drugmaker, has propelled South Korea to the forefront of global rev...

Kakao Pay in talks to acquire SSG.COM’s SSG Pay and Gmarket’s Smile Pay

Kakao Pay in talks to acquire SSG.COM’s SSG Pay and Gmarket’s Smile Pay

Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., is in advanced negotiations to acquire t...

Seoul’s prime office transactions rise 6% in Q1 despite weak sentiment

Seoul’s prime office transactions rise 6% in Q1 despite weak sentiment

Despite mounting economic headwinds and heightened investor caution, the prime office market in Seoul posted a modest recovery in the first quarter,...

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...

SK Group seeks to sell SK Signet as part of sweeping portfolio realignment

SK Group seeks to sell SK Signet as part of sweeping portfolio realignment

South Korea’s second-largest conglomerate SK Group is seeking to divest SK Signet Inc., four years after acquiring the EV charger manufacturin...

Korea’s pharmaceutical exports set to top $10 bn, led by ‘K-M7’ champions

Korea’s pharmaceutical exports set to top $10 bn, led by ‘K-M7’ champions

South Korea’s pharmaceutical exports are on course to surpass $10 billion this year, underscoring the country’s growing clout in the glo...

Mirae Asset to be named Korea Post’s core real estate fund operator

Mirae Asset to be named Korea Post’s core real estate fund operator

Mirae Asset Global Investments Co. is set to manage the mandate of more than 600 billion won ($416.8 million) in core real estate fund investment by...

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...

Mirae, Koramco, Hana shortlisted for Korea Post’s core real estate fund

Mirae, Koramco, Hana shortlisted for Korea Post’s core real estate fund

Mirae Asset Global Investments Co., Koramco REITs Management and Trust Co. and Hana Alternative Asset Management Co. were shortlisted for the mandat...

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...

Global assets drive Korean teachers' fund to 11.1% return in 2024

Global assets drive Korean teachers' fund to 11.1% return in 2024

The Korean Teachers’ Credit Union (KTCU) achieved an 11.1% return on investments in 2024, with overseas portfolios in stocks, infrastructure a...

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...

Hyundai chief Chung Euisun targets software-led car dominance by 2028

Hyundai chief Chung Euisun targets software-led car dominance by 2028

Hyundai Motor Group Chairman Chung Euisun has set an ambitious target to outpace Tesla Inc. in software-defined vehicle (SDV) technology by 2028, un...

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