US tariffs dent Hyundai Motor's Q2 earnings despite solid sales

Hyundai Motor Co. on Thursday reported its first double-digit profit fall in five years in the second quarter despite posting record second-quarter ...
Hyundai Motor Co. on Thursday reported its first double-digit profit fall in five years in the second quarter despite posting record second-quarter ...
Back in the 1960s and 1970s, the Middle East was a land of opportunity for many South Korean construction workers, who labored there under the scorc...
South Korean power equipment makers are riding a wave of export growth, with their transformers in high demand amid a global rush to reinforce power...
The Incheon Free Economic Zone (IFEZ) Authority is set to submit its application by the end of June to designate the southern end of Ganghwa Island ...
Lee Jae-myung was formally sworn in as South Korea’s new president on Wednesday, pledging to unite a divided nation, revitalize the economy an...
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, announced on ...
South Korea’s leading telecommunications service provider KT Corp. said on Tuesday it has signed a 130 billion won ($95 million) strategic par...
The global appetite for Korean beauty products shows no sign of slowing, with their exports in April surging 20% year on year to a record high, ev...
Investors rushed to dump Hanwha Ocean Co. shares early Tuesday after its second-largest shareholder, Korea Development Bank, cashed in on a 4.2% sta...
South Korea’s top automaker Hyundai Motor Co. defied mounting global trade headwinds and a fresh round of US import tariffs to deliver record ...
Global financial markets are facing rising volatility and uncertainty this year as the US stock market rally led by Big Tech is losing steam amid co...
Meritz Financial Group Inc., South Korea’s second-most valuable financial holding firm, has dropped its bid to acquire financial distressed MG...
MEMPHIS, Tenn. -- South Korea’s major power system and machinery conglomerate Hyosung Heavy Industries Corp. plans to nearly double its annual...
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, said on ...
South Korea’s fertility rate bounced back last year for the first time in nearly a decade following a surge in marriages, raising hopes for a ...
Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, ended last year with profit for the second straight year thanks to t...
South Korea’s household technology and automotive names Samsung and Hyundai have reinforced their alliance to capture the global humanoid robo...
South Korea’s state-run think tank has cut its growth forecast for the country this year, citing President Donald Trump’s trad...
Lee Hae-jin, the founder of South Korea’s No. 1 internet portal operator Naver Corp., is set to return to the company to lead the board amid t...
Seoul Guarantee Insurance Co. (SGI) has slashed its target valuation by about 40% in a renewed attempt to go public on the South Korean stock exchan...
HD Hyundai Electric Co., a South Korean electric power equipment maker, plans to invest about half of its 2024 operating profit, estimated at 720 bi...
In South Korea, businesses handling livestock by-products have lacked investor appeal. They were usually mom-and-pop businesses and appeared to hold...
LAS VEGAS – Samsung Electro-Mechanics Co. will unveil a sample of an ultra-compact all-solid-state battery within the year for mass production...
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is set to beg...
Five electric vehicle models from Hyundai Motor Group, encompassing Kia Corp., were included in the 25 EV models qualifying for US tax credits in 20...
South Korea’s National Pension Service (NPS) plans to invest 2 trillion won ($1.4 billion) in the domestic real estate market next year to gai...
Affinity Equity Partners aims to develop leading South Korean car rental companies into mobility service providers to create additional profitabilit...
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has likely in...
STX Corp., a South Korean general trading company, said on Monday it signed a contract with Fábrica de Armas y Municiones del Ejé...
LS Electric Co., a South Korean industrial energy facility and systems supplier, is expected to sign a 500 billion won ($358 million) deal with a GE...