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Kospi extends rally with fresh high
21+ hour, 22+ min ago (518+ words) Benchmark index tops 6, 700-point mark during trading, eyes 7, 000 threshold The South Korean benchmark Kospi surged to another high Tuesday, topping 6, 700 points in during intraday trading as it continued its strong upward momentum. The index is now swiftly approaching the 7, 000-point…...
Posco ramps up industrial gas push beyond steel
5+ hour, 42+ min ago (455+ words) Posco said Tuesday it is accelerating expansion of its industrial gas business as a future growth engine, aiming to capture rising demand from advanced industries such as semiconductors, aerospace and secondary batteries. As these sectors expand, the strategic importance of…...
Hyundai Rotem signs deal to build K2 tanks in Poland
21+ hour, 28+ min ago (334+ words) Hyundai Rotem said Tuesday it has signed an agreement with Poland's state-run defense company Bumar-Labedy for local production of its K2 battle tanks and armored recovery vehicles in the European country. The deal with Bumar-Labedy, a unit of the state-run Polska…...
Fly for miles, meet your idols: Korean Air taps Weverse
21+ hour, 29+ min ago (263+ words) Korean Air has partnered with Weverse to broaden mileage redemption options, allowing customers to use points for digital and fan-based services, the company announced Tuesday. Weverse is a global platform where users interact with artists, access exclusive content and watch…...
Kospi rally pushes Korea market cap above W6, 000tr
1+ day, 5+ hour ago (551+ words) Index tops 6, 600 for first time as foreign inflows, chip stocks drive gains South Korea's stock market capitalization surpassed 6, 000 trillion won ($4. 1 trillion) for the first time Monday, backed by a blistering Kospi rally that pushed the index past the 6, 600 point mark…...
China's EVs level up, as global rivals scramble to adapt
1+ day, 21+ hour ago (960+ words) Breakthroughs in AI, batteries, autonomy drive shift to premium as global brands adopt 'for China' strategies BEIJING " Chinese automakers are rapidly shedding their reputation as budget electric vehicle producers, unveiling high-performance, software-driven models at the country's premiere auto show, while…...
Hyundai Ioniq gains on Tesla as oil prices drive EV demand
1+ day, 21+ hour ago (620+ words) Hyundai chips away at Tesla's lead in US with wider EV offering Hyundai Motor's electric vehicle sales in the US jumped in March as surging oil prices fueled demand, sharpening its challenge to Tesla's dominance. According to industry sources Monday,…...
Hanwha Ocean beats Q1 forecasts on LNG-led profits
1+ day, 21+ hour ago (383+ words) Hanwha Ocean posted a first-quarter earnings surprise, driven by a high-margin shipbuilding portfolio centered on liquefied natural gas carriers, as demand for alternative fuels strengthened amid Middle East-driven energy volatility. According to the company's earnings call Monday, operating profit for…...
CJ Olive Young takes K-beauty festival to Japan in global push
1+ day, 21+ hour ago (322+ words) CJ Olive Young will kick off its first global festival tour in Japan next month as it steps up efforts to expand the reach of K-beauty. The company said Monday it will hold "Olive Young Festa Japan 2026" from May 8 to…...
Hands off: New Cadillac Escalade puts GM's Super Cruise to the test
2+ day, 23+ hour ago (359+ words) General Motors has introduced the new Cadillac Escalade in Korea, marking the first internal combustion model on the market to feature its enhanced hands-free driving system, Super Cruise, as demand for advanced driver-assistance technologies grows. During a recent media test…...