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Friday, September 20, 2024

BUSINESS

Korean stocks plummet as Kim Jong-un calls for war

Shares slid more than 1 percent Tuesday as escalating geopolitical tensions surrounding the Korean Peninsula weakened investors' appetite for risky assets. The local currency...

Korea shows signs of exports-led economic recovery

Korea is experiencing an exports-led economic recovery, the Ministry of Economy and Finance said in its monthly report. "Signs of an economic recovery centering on...

[CES 2024] Ballie vs. Q9: Samsung and LG unveil AI home robots

  LAS VEGAS — "Hey, I used to have smartphones, now the kids will have robots!" Anthony Gooran, who works for a robotics company in San...

[CES 2024] Future cars? No steering wheel. Moving sideways like a crab.

LAS VEGAS — Cars with no steering wheels. Vehicles that make diagonal turns and crab walks. With many mysterious-looking cars making their debut at CES...

A bit more coin

  Bitcoin rallied past $47,000 for the first time in 21 months on Tuesday, helped by the optimism that the U.S. Securities and Exchange Commission...

LG Electronics projects $64 billion annual sales record for last year

LG Electronics projected an all-time sales high of 84.3 trillion won ($64 billion) last year as its appliance products and automotive business garnered robust...

Kia EV9 named 2024 North American Utility Vehicle of the Year

The Kia EV9 SUV was named the North American Utility Vehicle of the Year by the North American Car, Utility and Truck of the...

LG, Magna co-develop integrated module for infotainment, ADAS

LG Electronics and Magna announced Thursday they have co-developed an integrated module for an in-vehicle infotainment system and advanced driver assistance system (ADAS). LG Electronics will...

Hyundai Motor Group to focus on EVs, flying taxis in 2024

Hyundai Motor pledged to seek sustainable growth this year with a focus on EVs, robots and flying taxis. Executive Chair Euisun Chung emphasized that “consistent...

Samsung, Korean conglomerates prioritize AI innovation, sustainability in 2024

With global chip demand showing signs of recovery after a grim year of losses, Samsung Electronics is prioritizing establishing unrivaled technological leadership, future-proof adaptability...