Korean shipbuilders and defense firms are positioning themselves to join the U.S. Navy’s Golden Fleet initiative as Washington seeks rapid fleet expansion. Hanwha, HD Hyundai and Samsung Heavy are exploring partnerships, bids and technology cooperation under the Make American Shipbuilding Great Again push.
North Korea’s trade with China surged to a six-year high in November, following a rare summit between the two leaders, according to Chinese customs data.
South Korea’s government is considering whether Coupang could face a temporary business suspension after a massive personal data leak and a delayed response. Experts say a suspension may be difficult to apply in practice and could also harm consumers and Coupang’s workforce.
LG Energy Solution has canceled part of a major battery supply agreement with Ford, reflecting the automaker’s shift away from electric vehicles following U.S. subsidy cuts and weaker EV demand.
Ri Sol-ju, the wife of North Korean leader Kim Jong-un, was seen carrying what appears to be a Gucci handbag during a factory opening, raising questions about luxury goods banned under U.N. sanctions.
North Korean leader Kim Jong-un made a rare public acknowledgment of overseas military casualties, citing nine deaths among troops deployed to Russia’s Kursk region. Analysts see the remarks as a signal that Pyongyang may continue sending forces abroad.
For many young Koreans, the once-coveted American dream is losing its appeal as high living costs, safety concerns and stricter visa rules reshape career choices and corporate strategies.
Samsung Electronics Chairman Lee Jae-yong met Tesla CEO Elon Musk in Texas, touring Samsung’s new semiconductor plant as the companies explore deeper cooperation following a major chip deal.
SK On and Ford agreed to dissolve their $11 billion BlueOval SK battery joint venture, splitting ownership of three U.S. plants as both companies adjust to slowing EV demand. Ford will take over two Kentucky factories, while SK On assumes full control of the Tennessee plant and plans to supply batteries to Ford and other customers.
Korea reported 35 cases of adverse reactions to Mounjaro in its first month on the market, including two classified as serious. Health officials urge closer monitoring as demand for obesity drugs continues to rise.
