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Hyundai Motor Company, South Korea’s leading automaker and a pioneer in hydrogen mobility, is strengthening its push into
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
(Photo=Furiosa) South Korean AI chip startup FuriosaAI has reached unicorn status with a valuation of $728 million, becoming the first unicorn company under President Lee Jae-myung's administration. The milestone comes just months after the company reportedly turned down an $874 million acquisition offer from U.S. tech giant Meta. Several media outlets reported on July 24 that FuriosaAI recently closed a
(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
