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EconomyForeign direct investments in Korea hit record $34.57 billion in 2024
Foreign direct investments in South Korea hit a record high in 2024, driven by Chinese and Japanese investors in the manufacturi...
Jan 07, 2025 (Gmt+09:00)
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SteelHyundai mulls building 1st overseas steel mill in Louisiana
WASHINGTON, D.C. – Hyundai Motor Group is considering building its first overseas steel mill in New Orleans, Louisiana, ac...
Jan 07, 2025 (Gmt+09:00)
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Shipping & ShipbuildingHanwha to more than double staff at US Philly Shipyard in 10 years
South Korea’s Hanwha Group is set to more than double its employees at Hanwha Philly Shipyard in the US over the next 10...
Jan 07, 2025 (Gmt+09:00)
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Korean Innovators at CES 2025LG Electronics, Microsoft sign strategic partnership on AI agents
LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has signed a strategic partnership with ...
Jan 07, 2025 (Gmt+09:00)
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ElectronicsHanmi Semiconductor to build new TC Bonder plant in Incheon
Hanmi Semiconductor Co., South Korea’s leading chip packaging equipment manufacturer, held a ground-breaking ceremony for ...
Jan 07, 2025 (Gmt+09:00)
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Tech, Media & TelecomChina's Xiaomi establishes S.Korean branch
China's IT giant Xiaomi has entered the South Korean market. Xiaomi said on Monday it established its South Korean branch, ...
Jan 07, 2025 (Gmt+09:00)
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Foreign exchangeSouth Korea’s forex reserves drop to 5-year low in 2024
South Korea’s foreign exchange reserves shrank to a five-year low at the end of last year after the country’s foreig...
Jan 07, 2025 (Gmt+09:00)
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Debt financingPOSCO’s new bond sale seven times oversubscribed
South Korean steelmaker POSCO’s new bond issue for 500 billion won ($343 million) was seven times oversubscribed, which ma...
Jan 07, 2025 (Gmt+09:00)