South Korea's deadliest plane crash in decades claims 179 lives

South Korea's deadliest plane crash in decades claims 179 lives

A passenger plane carrying 181 people, including six crew members, crashed in southwestern South Korea early Sunday, killing 179 people, according t...

Genesis GV70, Electrified GV70 named safest cars by IIHS

Genesis GV70, Electrified GV70 named safest cars by IIHS

Hyundai Motor Co.'s premium brand Genesis said on Sunday that its sport utility vehicle (SUV) GV70 and the Electrified GV70 got the highest rating...

South Korean stock market crashes; more falls seen ahead

South Korean stock market crashes; more falls seen ahead

The South Korean stock market was one of the worst victims of panic selling by investors fearing further negative US economic news on Monday, with t...

Hyundai Motor Group has most IIHS ROP top safety pick cars

Hyundai Motor Group has most IIHS ROP top safety pick cars

Hyundai Motor Group announced on Friday that the Hyundai Motor Co.'s IONIQ 5 achieved the highest rating of "Top Safety Pick Plus" (TSP+) in crash t...

Norway’s prime office value drop hits Korean retail investors

Norway’s prime office value drop hits Korean retail investors

A South Korean real estate fund is set to post a 100% loss as the value of its sole asset, a prime office building wholly leased to Norway’s l...

Elantra, Tucson selected among safest cars by IIHS

Elantra, Tucson selected among safest cars by IIHS

Hyundai Motor Co.'s passenger car Avante (name in the US: Elantra) and compact sport utility vehicle (SUV) Tucson earned the Top Safety Pick Plus ...

IONIQ 5, Sportage named safest cars by IIHS

IONIQ 5, Sportage named safest cars by IIHS

Hyundai Motor Co. 's crossover electric vehicle (EV) sport-utility vehicle (SUV) IONIQ 5 and Kia Corp. 's best-selling SUV Sportage earned a Top S...

JLK supplies AI stroke solutions to Philippines

JLK supplies AI stroke solutions to Philippines

JLK Inc., South Korea's stroke diagnosis specialist company, announced on Thursday it implemented two artificial intelligence (AI) stroke diagnostic...

S.Korea's Aekyung opens Luna brand store on Chinese TikTok

S.Korea's Aekyung opens Luna brand store on Chinese TikTok

Aekyung Industrial, a South Korean consumer products company, announced on Thursday the opening of a stand-alone brand shop for their make-up specia...

Profit matters for survival of startups amid investment drought

Profit matters for survival of startups amid investment drought

As venture capitalists tighten their purse strings amid looming recession fears, only startups with killer products that generate profits are well-p...

Genesis electrified G80 receives highest grade in IIHS crash test

Genesis electrified G80 receives highest grade in IIHS crash test

Hyundai Motor Co. said on Wednesday that its G80 electric vehicle model received the highest rating of Top Safety Pick Plus (TSP+) in a crash test d...

Korean won at fresh low since global financial crisis as markets crash

Korean won at fresh low since global financial crisis as markets crash

The South Korean won on Monday extended losses to a fresh low since the 2008-09 financial crisis as local financial markets lost ground, alongside t...

LUNA 2.0 skyrockets to $30 before losing 80% in first day of trade

LUNA 2.0 skyrockets to $30 before losing 80% in first day of trade

The price of LUNA 2.0 (LUNA), the brand-new token of the controversial Terraform Labs Ltd., has been on a tumultuous ride since its debut a couple o...

Crypto investors threaten Terraform founders with class-action lawsuit

Crypto investors threaten Terraform founders with class-action lawsuit

Cryptocurrency investors in South Korea have threatened to file a class action lawsuit against co-founders of the disgraced blockchain platform oper...

Cryptocurrency Luna plunges 99% after linked stablecoin loses peg 

Cryptocurrency Luna plunges 99% after linked stablecoin loses peg 

The value of Luna, the cryptocurrency linked to stablecoin TerraUSD, now hovers just above $0. Just a week ago, its market capitalization was around...

LG Household’s China strategy put to test as shares crash

LG Household’s China strategy put to test as shares crash

LG Household & Health Care Ltd.’s shares have been flying high since its market debut in 2001, and have more recently basked in the global...

South Korean police look into fatal crash of Tesla Model X

South Korean police look into fatal crash of Tesla Model X

South Korean police are looking into a fatal crash of a Tesla Inc. electric vehicle after its driver told them it went out of control after sudden a...

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