Korea’s Shinsegae to bolster convenience store business

South Korea’s retail giant Shinsegae Group is set to boost its business in the rapidly growing convenience store sector as its supermarket cha...

POSCO Engineering & Construction renames itself POSCO E&C

POSCO Engineering & Construction, the builder affiliate of South Korea's POSCO Group, has changed its name to "POSCO E&C" to mark the first ...

Hyundai Eng. completes Lemba-Imbu water purification plant in DR Congo

Hyundai Engineering, a South Korean construction contractor, held a completion ceremony for the "Lemba-Imbu water purification plant phase 1 project...

Hyundai eyes greater SUV market share with new Kona EV

Hyundai Motor Co. on Tuesday unveiled the all-new Kona Electric, its first fully revamped compact sport utility vehicle in five years, as the top So...

S.Korean fashion brands rush to China for pent-up demand

South Korean fashion brands are poised to expand their stores in China, aiming to capture pent-up demand in the world’s top consumer market af...

Jeju Air teams up with startup Plana to explore urban air mobility

Jeju Air Co., South Korea’s largest budget airline, said on Monday that it signed a memorandum of understanding with Plana, a domestic startup...

Hyundai Mobis, Hyundai Motor develop vehicle height adjustment system

Hyundai Mobis, a global auto parts vendor and affiliate of Hyundai Motor Group, said on Monday that it has co-developed an electronic levelling cont...

Hyundai's Namyang R&D Center acquires safety management certification

Hyundai Motor Group announced on Friday that the polymer materials analysis lab and the metal component analysis lab in the Basic Materials Research...

Daewoo E&C completes Algerian power plant project amid pandemic

Daewoo Engineering & Construction Co., one of South Korea’s leading builders, said on Friday that it has completed an $830 million gas-fir...

S.Korea kicks off privatization of top container line HMM

South Korea has started the process to privatize the country’s No. 1 container line HMM Co. by tapping advisors for the sale of the controllin...

Hyundai autoworker: Dream job for many South Koreans

In South Korea, blue-collar work has for decades been shunned by job seekers because of the hard manual labor as well as the widely held perception ...

Hyundai, Kia close in on Toyota with record US sales

Hyundai Motor Co. and Kia Corp., under South Korea’s Hyundai Motor Group, posted their largest-ever sales for February in the US, narrowing a ...

Carmerce raises $2.3 mn in Series A led by Hankook Tire

South Korea's used car e-commerce platform Carmerce has raised 3 billion won ($2.3 million) in a Series A funding round led by Hankook Tire & ...

Korean e-commerce Coupang logs profits in Q3-Q4 2022

South Korean e-commerce giant Coupang Inc. achieved record-high yearly revenue and operating profits for two consecutive quarters between July to De...

Bangladesh: Hyundai’s next target for partially assembled Tucson SUV

Bangladesh has long been a tough market for South Korean automakers to break into, given the decades-old dominance of Japanese carmakers such as Toy...

S.Korea's Hyundai L&C launches engineered stone Opimo

Hyundai L&C, an interior solutions provider under the Hyundai Department Store Co. Group in South Korea, announced on Monday the launch of its h...

Hyundai Elevator cuts breakdowns with AI prediction technology

South Korea’s No. 1 elevator maker Hyundai Elevator Co. said on Monday it had reduced the number of stoppages and breakdowns of its elevators ...

Hyundai Department Store uses AI to write advertising copy

South Korea's Hyundai Department Store Co. on Sunday said it will officially introduce on Thursday an artificial intelligence (AI) copywriting syste...

Hyundai Steel's sustainability report wins gold prize in US

South Korea's steelmaker Hyundai Steel announced Sunday that its integrated report 2022 Beyond Steel has been recognized for its excellence by a wor...

Four Hyundai, Kia models win US IIHS top safety awards

Hyundai Motor Group’s four models earned the safest vehicle awards even with a tougher crash test by the Insurance Institute for Highway Safet...

Hyundai, Kia to join global small EV war with new models

Hyundai Motor Group, South Korea’s top automaker, will aim at the world’s affordable small electric vehicle segments with new models as ...

KAIST, Hyundai sign agreement for high-speed self-driving research

The Korea Advanced Institute of Science & Technology (KAIST) announced that it would embark on research into high-speed autonomous driving techn...

Hyundai Motor Group's 23 vehicle models win Editor's Choice Awards

Hyundai Motor Group made an announcement on Thursday, saying that its major vehicles had been selected as the best models at the 2023 Editor's Choic...

POSCO International, Pertamina win gas exploration rights off Indonesia

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., said on Thursday ...

Hyundai Motor begins Genesis GV70 EV production in US

Hyundai Motor Co. has commenced production of the Genesis GV70 electric vehicle in the United States. This marks the first locally produced vehicle ...

Hyundai takes lead in Korea’s dividend policy reform

The Hyundai Motor Group is set to become South Korea’s first conglomerate to disclose dividend allocations ahead of the ex-dividend date, a mo...

Hyundai Heavy to develop core technology for seawater electrolysis system

Hyundai Heavy Industries Co. signed a business agreement for jointly developing seawater electrolysis system core technology at the Korea Institute ...

Daewoo E&C, Jeju Air kick off K-UAM Grand Challenge phase 1 project

Daewoo Engineering & Construction Co. and Jeju Air Co. have teamed up to participate in the Korean urban air mobility (K-UAM) project. The two c...

HD Hyundai expands online communication channels

HD Hyundai Co., formerly known as Hyundai Heavy Industries Group, has announced its intention to enhance its online communication channels to better...

Ssangyong E&C completes construction of Dubai's Atlantis The Royal

Ssangyong Engineering & Construction announced on Tuesday the successful completion of "Atlantis The Royal," an ultra-luxury hotel in Dubai, the...