
U.S. Secures Major Trade Deal with South Korea: Tariffs Lowered, $350B Investment Pledged
The United States has secured a major trade deal with South Korea, reducing reciprocal tariffs from 25% to
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The United States has secured a major trade deal with South Korea, reducing reciprocal tariffs from 25% to
Kia Corporation, a leading South Korean automaker and subsidiary of Hyundai Motor Group, has received top safety marks
South Korea’s financial authorities have expressed serious concerns over the newly launched coin lending services by leading cryptocurrency
President Lee Jae-myung sharply criticized POSCO Engineering & Construction (POSCO E&C) for a series of fatal workplace accidents,
(Photo=Cass) Cass, the flagship beer brand of South Korea’s Oriental Brewery (OB), has been ranked 23rd in the 2025 list of the world’s top 50 most valuable beer brands, released by the global brand valuation agency Brand Finance. It is the only Korean brand to make the list, underscoring Cass’s rising international stature. Brand Finance, a UK-based brand valuation consultancy,
Photo=NTS South Korea's newly appointed Commissioner of the National Tax Service (NTS), Lim Kwang-hyun, has declared an aggressive campaign to collect an outstanding $80 billion in unpaid national taxes. This initiative aims to thoroughly investigate all delinquent taxpayers and reinforces the government's commitment to securing financial resources to fulfill President Lee Jae-myung's campaign pledges. During his inauguration ceremony at the
Photo=SK Hynix SK Hynix, a global leader in memory semiconductors, announced a monumental second quarter, reporting an operating profit that soared past $6.6 billion, marking the highest quarterly performance in the company's history. This record-breaking achievement was largely fueled by robust demand for AI-specific memory and the accelerated sales of its cutting-edge HBM3E 12-layer (5th-generation High Bandwidth Memory). On July
(Photo=Hyundai) South Korea–based automaker Hyundai is facing a downturn in its U.S. hydrogen vehicle sales. Hyundai’s hydrogen-powered SUV, the NEXO, saw a significant sales decline in the U.S. during the first half of 2025, reflecting a broader slowdown in the hydrogen fuel cell electric vehicle (FCEV) market. Toyota’s Mirai, the NEXO’s main competitor, experienced an even steeper drop. According to
(Photo=Seegen) South Korea–based molecular diagnostics company Seegene is unveiling two of its most advanced innovations—CURECA™ and STAgora™—at ADLM 2025 in Chicago, marking a bold step toward redefining automation in diagnostic testing. From July 28 to 31, Seegene will showcase the world’s first fully automated PCR system, CURECA, and its companion global data analytics platform, STAgora, in their physical forms for