Photo=president.go.kr South Korea plans to introduce its largest-ever national budget in 2027, with government spending set to exceed $580 billion, Finance and Budget Minister Park Hong-keun said on July 13, as the administration prepares to accelerate investment in semiconductors, artificial intelligence and other strategic industries. Speaking at the government's National Fiscal Strategy Meeting chaired by President Lee Jae Myung, Park

Photo=Hyundai Motor's Hyundai Motor's Ioniq 5 became the best-selling non-Tesla electric vehicle in the U.S. during the first half of 2026, the company said on July 14, underscoring its growing momentum in a slowing EV market as rival models posted sharp sales declines. According to data cited by U.S. electric-vehicle publication InsideEVs, Hyundai sold 20,730 Ioniq 5s in the United

Photo=Motionelements South Korea's National Pension Service (NPS), one of the world's largest public pension funds with approximately $1.22 trillion in assets, is becoming increasingly concentrated in two companies that have come to define both the country's stock market and its economic outlook: Samsung Electronics and SK Hynix. The shift is not simply the result of an investment decision. It reflects

(Photo=Pixabay) Samsung Electronics, South Korea’s largest technology company and the maker of Galaxy smartphones, controls 81% of its home smartphone market. Yet the company loses its lead among one group that could matter most over the long term. South Koreans in their 20s are more likely to use an iPhone than a Galaxy device. According to a nationwide survey by

(Photo=Netflix) South Korea spent the past decade turning television dramas into one of its most successful cultural exports. Streaming platforms helped transform Korean series from regional hits into global events, creating a new export industry built on subscriptions rather than broadcast rights. Now that success is attracting a different kind of global audience. The same international demand that made Korean