Photo=Hyundai Motor Group Hyundai Motor Group, the world’s third-largest automaker by sales volume, has overtaken Germany’s Volkswagen Group to claim the No. 2 spot globally in profitability for the first half of the year. Despite U.S. auto tariffs hitting all major automakers hard, analysts say Hyundai’s quick moves—like clearing inventory and adjusting production—helped soften the impact. Between January and June,

Photo=Hanwha Vision Hanwha Vision, a South Korean provider of optical and video surveillance solutions, has secured a significant contract in the U.S. public infrastructure sector, marking a major step in its North American expansion. The company will supply an advanced integrated security system for one of Nashville, Tennessee’s largest civic venues. The company’s U.S. subsidiary recently signed a deal to

Photo=Hyundai Motor Hyundai Motor has halted sales of its hydrogen fuel cell vehicle, the Nexo, in Japan, signaling a move to introduce a new hydrogen model in the market. Hyundai Motor Japan (HMJ) has stopped taking orders for the Nexo, which has been available locally since 2022, and is preparing to roll out a replacement model. This suspension is widely

(Photo=mistoholdings) South Korean fashion companies are pursuing a dual-track strategy to offset sluggish domestic demand—expanding their presence in China while bolstering high-end imported brand offerings in the local market. According to industry sources on August 10, Misto Holdings and Kolon FnC are ramping up efforts in both directions to maintain brand identity while diversifying markets, aiming for both revenue growth

(Photo=Pixabay) South Korea’s K-Beauty industry, known for affordable yet high-quality cosmetics, is adjusting strategies after the U.S. imposed a 15% tariff on Korean cosmetics exports—lower than the initially proposed 25%, easing fears of a worst-case scenario. The tariff, part of the Trump administration’s reciprocal trade measures, took effect on August 7 following months of negotiations. Korean cosmetics had faced a