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Foreign bank branches in South Korea posted their first profit decline in four years, underscoring mounting structural pressures
South Korea will tighten enforcement of a government-mandated vehicle rationing system for public-sector employees as it responds to
A South Korean-made rocket artillery system is gaining ground across Europe, highlighting a shift in allied defense procurement
A planned sale of Homeplus Express is emerging as more than a routine retail transaction, reflecting how financial
Photo=Hyundai Motor Group Hyundai Motor Group said on March 17 it will expand its strategic collaboration with Nvidia to accelerate the development of autonomous driving technologies and software-defined vehicles, deepening ties aimed at building next-generation mobility platforms. The group—parent of Hyundai Motor Company and Kia Corporation—plans to combine its in-house software-defined vehicle (SDV) capabilities with Nvidia’s expertise in autonomous computing
Photo=Netflix Major roads in central Seoul will shut down for more than a day ahead of a large-scale comeback performance by BTS, as authorities prepare for crowds that could reach about 260,000 people. The concert, titled “BTS Comeback Live: ARIRANG,” is scheduled for March 21 at Gwanghwamun Square, one of the capital’s most prominent public spaces. Police and city officials
Interior view of a supermarket with butchery aisle with shelves full of variety of meat, Vons supermarket, Catalina, USA, June 20th, 2020 South Korea is facing a prolonged outbreak of three major livestock diseases—African Swine Fever (ASF), Highly Pathogenic Avian Influenza (HPAI), and Foot-and-Mouth Disease—pushing food prices higher and raising concerns about weaknesses in the country’s animal disease control system.
Photo=Motionelements The South Korean government will impose a nationwide cap on fuel prices beginning March 13 (local time), the first such intervention since the country liberalized oil pricing in 1997. The emergency measure aims to stabilize domestic fuel prices after the escalation of the U.S.-Iran conflict pushed global oil markets higher. Under the policy, the government will set a ceiling
Photo=Hyundai Motor Group Chung Euisun, chairman of Hyundai Motor Group, received about $4.0 million in compensation from Kia in 2025, according to the company’s annual report released March 12 (local time). The filing showed Chung received $2.0 million in salary and $2.0 million in bonuses, marking the first time he has been paid directly by Kia. In previous years, Chung
