Hyundai IONIQ 5 robotaxi

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

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...

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...

Hyundai Motor Co. and General Motors Co. are expected to soon announce a vehicle-sharing deal about six months after they signed an agreement for th...

LG Electronics Inc. has resumed operations at its home appliance plant in Russia amid prospects of a ceasefire between Russia and Ukraine, signaling...

Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it is raising 3.6 trillion won ($2.5 billion) in new capital through ...

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

Hyundai Mobis Co., South Korea’s top auto parts maker, has partnered with the country’s biggest lender Shinhan Bank to help its partners...

BNK Asset Management Co.'s bid to acquire the Hyundai Motor Securities building in central Seoul has hit a stumbling block as the main tenant, Hyund...

South Korea’s leading biosimilar drug developer Celltrion Inc. announced on Friday a plan to cancel $140 million worth of treasury shares to i...

Doosan Enerbility Co., South Korea’s leading gas turbine maunfacturer for power plants, said on Thursday that it has secured a combined $1.5 b...

South Korea’s largest shipbuilder, HD Hyundai Heavy Industries Co., is deepening its partnership with TerraPower LLC, the US nuclear venture f...

GEOJE, South Gyeongsang – At a huge shipyard operated by Samsung Heavy Industries Co. on Geoje, an island in South Gyeongsang province some 39...

Hyundai Motor Co. will build a local fuel cell plant in South Korea, accelerating its bid to create an entire hydrogen fuel cell value chain in line...

HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), an intermediary shipbuilding holding company of HD Hyundai Co., will invest up to 30...

Chung Kisun, executive vice chairman of the world’s largest shipbuilder HD Hyundai Co., has met with Alex Karp, CEO of Palantir Technologies I...

North Asia-focused private equity firm MBK Partners is on the verge of clinching a major acquisition deal by offering a higher bid than other conten...

Hyundai Motor Co. has agreed to partner with Avride, an autonomous driving technology startup, to develop driverless robotaxis based on all-electric...

South Korea’s foreign exchange reserves diminished to the lowest level in nearly five years last month, largely due to the expanded forex swap...

South Korea’s top two automakers Hyundai Motor Co. and Kia Corp. are expected to ramp up electric vehicle production in Europe and the US to b...

Doosan Enerbility Co. has clinched an engineering, procurement and construction (EPC) contract for a gas-fired power plant from Qatar in a consortiu...

South Korea’s auto behemoth Hyundai Motor Group has spun off its four in-house startups with innovative technologies in mobility, automation a...

South Korea’s factory production decreased in the first month of this year due to a manufacturing slowdown, while private consumption and busi...

The Korea Investment Corporation (KIC) reported an annual return of 8.49% last year thanks to steady gains from equity investments led by the AI tec...

South Korea’s top carmaker Hyundai Motor Co. Chief Executive Officer José Muñoz was picked as the most powerful figure in the in...

South Korea’s Hyundai Rotem Co. said on Wednesday it has won a 2.2 trillion won ($1.5 billion) train order from Morocco, the biggest single de...

South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. – have agreed to join forces to pur...

South Korea’s household technology and automotive names Samsung and Hyundai have reinforced their alliance to capture the global humanoid robo...

Hyundai Motor Co. in December established CoMo China in Shanghai to spearhead artificial intelligence research and development in its push for softw...

Global private equity firm KKR & Co. Inc. has succeeded in cashing out of its stake in HD Hyundai Marine Solution Co. for 295 billion won ($206 ...