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Thursday, March 28, 2024

BUSINESS

Strengthening economic alliance meets U.S. protectionism

Korea and the United States are at a crucial juncture in economic cooperation after the two countries pledged to work together in a wider...

Korean companies to invest $8 billion in U.S. battery factories

SK On and Hyundai Motor and related companies will together invest $5 billion to build an electric vehicle battery plant in Georgia, a major...

Hyundai Mobis demonstrates car that can drive sideways to park

Hyundai Mobis has succeeded in applying its e-Corner System to a functioning vehicle, which allows it to move sideways like a crab and spin...

Hyundai Motor Group begins development of lunar exploration vehicle

Hyundai Motor Group has begun developing a vehicle for lunar exploration, with the goal of sending it to the moon in 2027. The automaker said...

Korean corporations to run Times Square ads celebrating alliance

Commemorating the 70th anniversary of the Korea-U.S. alliance, Samsung Electronics and LG Corporation are displaying video ads on the company billboards in Times Square. On...

Korean fried chicken joint expands into Florida

Korean fried chicken franchise Genesis BBQ said Monday it has recently opened its first shop in Florida as part of efforts to tap deeper...

[EXCLUSIVE] Georgia governor says IRA hurts Korean companies

Georgia Governor Brian Kemp said that the Biden administration's Inflation Reduction Act (IRA) is hurting Korean companies, in an exclusive interview with the Korea...

Koo Kwang-mo visits LG Chem plant amid global battery supply uncertainties

LG Corporation Chairman Koo Kwang-mo visited LG Chem’s domestic battery material plant as the company braces for the new U.S. battery sourcing rules amid...

California Institute of Technology ranked #1 in post-graduate income

If you want to earn a high income after college, you shouldn't go to Harvard or Stanford, but rather CIT or MIT. The New York...

Hyundai Motor sees highest judicial risk in U.S. market

Nearly 30 class action and administrative lawsuits have been filed against Hyundai Motor Company across the country. The series of lawsuits highlights the urgent need...