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S. Korea not considering troop dispatch to Ukraine: nat'l security adviser
Pyongyang to bolster readiness against nuclear retaliation: Choe
Grand Bell Film Awards in doubt as organizer goes bankrupt
[Herald Review] ‘Amazon Bullseye,’ motley comedy of forced empathy, outdated wordplay
Three choreographers redefine Korean dance through NDCK Project
S. Korea seeks to boost cooperation in Asia on AI-incorporated legal tech: minister
Seoul bans doctors, dentists' self-prescription of propofol
Korean Gallery reopens at Art Institute of Chicago
Korea’s instant ramyeon exports cross $1b milestone
Allies say 1953 mutual defense treaty extends to cyber, space threats
Yoon's approval rating falls to 19%, all-time low: survey
More Korean unicorns race to tap US markets
Hankook & Co. formalizes deal for Hanon System, joins Korea's top 30 biz groups
Seoul shares fall for 3rd straight day on tech losses
No typhoons recorded in S. Korea for the first time in 7 years
Babymonster showcases YG-style hip hop with 1st LP ‘Drip’
Chief prosecutor in first lady's Dior bag scandal resigns
Med students' requests for academic leave likely to be approved by this month
[Today’s K-pop] BTS’ Jin to open ‘happy’ pop-up store
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HD Korea Shipbuilding to acquire STX Heavy Industries
Aug 1, 2023
HD Korea Shipbuilding & Offshore Engineering, the shipbuilding unit under HD Hyundai, said Tuesday it will acquire STX Heavy Industries, a Korea-based marine diesel engine manufacturer in a 81.3 billion won ($63.5 million) deal. The company said it signed a contract with the private equity firm Pinetree Partners to purchase its 6.52 million shares in the engine manufacturer and an additional 5.36 million newly issued shares. The shipbuilder will become the largest shareholder holding a 35 pe
[Photo News] Self-driving shuttle
Aug 1, 2023
42dot, a software mobility unit under Hyundai Motor Group, said Tuesday it has started an autonomous-driving shuttle service for Samsung Fire & Marine Insurance. The company's staff can hail the shuttle, equipped for eight people including a safety officer, via 42dot’s TAP! Mobile app. Twelve cameras and six radars analyze the road conditions to avoid any obstacles or pedestrians that lie ahead, the company said. (42dot)
Doosan secured W500b pre-orders for lightweight EV cables
Jul 31, 2023
Doosan Corp., the holding unit of Doosan Group, said Monday it had secured a total of 500 billion won ($390 million) in preorders since 2019 for its lightweight patterned flat cable — or PFC — from corporate clients around the world. The PFC is a next-generation cable system pioneered by Doosan that can replace traditional cable harnesses in electric devices by reducing the weight, volume and complexity significantly, especially for electric vehicles. The PFC combines multiple cables
SK Nexilis, Toyota Tsusho to set up battery materials JV
Jul 31, 2023
SK Nexilis, an SKC subsidiary, said Monday it has partnered up with Japan-based Toyota Tsusho Corp. to set up a joint venture and produce copper foil for electric vehicle rechargeable batteries in North America. Under the joint investment, SK Nexilis will be in charge of copper foil production, while Toyota Tsusho Corp. plans to secure battery makers in North America. Copper foil is used as a key anode material for lithium-ion batteries. Details such as the size of the deal and the location wh
[Photo News] Torres EVX ready for launch
Jul 31, 2023
KG Mobility, formerly known as SsangYong Motors, said Monday it will release the Torres EVX, an all-electric model of its bestselling midsized sport utility vehicle, in September. KG Mobility said it expects the driving distance per charge to be 420 kilometers or longer. The vehicle's price could begin as low as 48.5 million won ($38,100). Specifications will be finalized upon the official release. (KG Mobility)
Intl. flight passengers recover to 64.8% of pre-pandemic level in H1: data
Jul 31, 2023
The number of international flight passengers recovered to nearly 65 percent of the pre-pandemic level in the first half of the year, government data showed Monday. A total of 29.5 million people boarded international flights between January and June, accounting for 64.8 percent of the 45.6 million tallied over the same period in 2019, before the COVID-19 pandemic, according to the data compiled by the Ministry of Land, Infrastructure and Transport. By destination, the number of travelers to the
[Test Drive] Toyota Highlander Hybrid, a fuel-efficient family SUV
Jul 31, 2023
Japanese carmaker’s popular family SUV makes Korea debut
[Test Drive] New Trailblazer rides off-road with confidence
Jul 30, 2023
GM's compact SUV leads S. Korean auto export list
Hyundai, Kia's US market share stays above 10% in H1: data
Jul 30, 2023
The combined US market share of Hyundai Motor Co. and its smaller affiliate Kia Corp. inched up in the first half of the year from a year earlier, managing to stay above the 10 percent range amid the recovery in demand and output, data showed Sunday. Their combined share came to 10.6 percent in the January-June period, up 0.3 percentage point from the previous year, according to the data by the US-based Automotive News outlet. Hyundai and Kia saw their combined market share rise to double digits
Facial recognition system implemented at Incheon Airport
Jul 28, 2023
Incheon Airport said it has begun utilizing preregistered facial information to streamline the departure process for passengers from Friday. Dubbed the "facial recognition smart pass service," the newly launched service will allow passengers to quickly pass through the identification process at departure and boarding gates without having to show their passports and boarding passes to security personnel. The service is available at six departure gates and 16 boarding gates at Incheon Ai
Kia mulls lowering EV prices
Jul 27, 2023
Korean automaker logs record quarterly earnings again
Hyundai, Kia join massive EV charging alliance to take on Tesla's Superchargers
Jul 27, 2023
Korean duo teams up with BMW, GM, Honda, Mercedes-Benz, Stellantis to set up over 30,000 EV chargers across North America by 2030
Hyundai Motor posts record earnings on upbeat US sales
Jul 26, 2023
Hyundai Motor said Wednesday it posted record-high sales and profits in the second quarter this year, largely buoyed by strong sales in key markets, including the US. The carmaker’s sales revenue surged by 17.4 percent to 42.2 trillion won ($33 billion) from a year earlier, surpassing the previous record posted in the fourth quarter last year. Operating profits exceeded the 4 trillion won mark for the first time to reach 4.2 trillion won, a 42.2 percent jump on-year. Of the 1.06 million
[Photo News] Hyundai Avante N debuts
Jul 26, 2023
Hyundai Motor Group’s all-new Avante N, a high-performance version of the carmaker’s popular compact sedan, made its official debut on Wednesday. The car comes with a gasoline-powered 2.0 turbo flat engine and two six-speed and eight-speed transmission options. Its price starts at 29.4 million won ($23,000).
Korean Air to appeal against Russian court's penalty decision
Jul 25, 2023
Korean Air Co. said Tuesday it will file an appeal against a Russian court's penalty decision over the "omission" of the South Korean carrier's departure process at a Moscow airport in early 2021. The Russian arbitration court has recently ordered Korean Air to pay 59 billion won ($46 million) in fine to Russia's customs authorities for the omission, a Korean Air spokesperson said over the phone. The court's penalty is half of the fine requested by the Russian custo
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