Non-government organization World Vision Korea has sold its Ethereum holdings, becoming the first Korean legal entity to trade crypto after the South Korean government’s recent policy shift allowing ...

They are seeking to acquire shares from TPG with a 29% stake in Kakao Mobility, Carlyle Group (6.17%), LG Corp. (2.46%) and Google Inc. (1.52%), as well as a portion of the 57.2% stake held by Kakao ...

The S.Korean company is seeking to expand the production capacity of transformer plants at home and in the US by about 30% By Sang Hoon Sung and Jin-Won Kim Jan 19, 2025 (Gmt+09:00) 4 Min read ...

If the R&D proves successful, the partners plan to integrate their LMR production lines at existing US sites by 2028, sources said. GM’S STRATEGIC PIVOT GM’s strategic pivot is driven by its intention ...

Laura Major with Motional's all-electric IONIQ 5 robotaxi (Courtesy of Motional) Motional Inc., the autonomous driving joint venture backed by Hyundai Motor Group, has appointed Laura Major, an ...

Philly Shipyard in Philadelphia, Pennsylvania (Courtesy of Hanwha Group) Hanwha Group will significantly increase production capacity at its US shipyard from 1.5 vessels to 10 per year as it aims to ...

Seo Jung-jin (center) speaks at Morgan Stanley 22nd Annual Global Healthcre Conference (Courtesy of Celltrion) South Korea’s biosimilar maker Celltrion Inc. will venture into the contract development ...

EREVs refer to EVs with next-generation powertrains. They run on gasoline and can travel more than 900 km. Hyundai will begin their mass production in North America and China in 2026 for launch in ...

Trump is urging global businesses to manufacture their products in the US while warning them if they choose to produce their goods elsewhere, they will have to pay tariffs to export them to America.

Le Méridien Seoul in Myeongdong (Courtesy of Le Méridien) KT Corp., one of South Korea’s top three mobile carriers, is on a roll in the hotel business despite its late foray into the hospitality ...

The investment banking head of Morgan Stanley’s Seoul office is stepping down after overseeing a series of landmark deals over more than a decade, according to sources in the investment banking ...

SHOPPING AS A NEW GROWTH DRIVER Naver's headquarters (Courtesy of News1 Korea) E-commerce has emerged as a key growth driver for the Korean tech giant in recent years. Of Naver’s total revenue of ...