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BUSINESS

BUSINESS

Hyundai, Kia want consumer class claims dismissed

Hyundai and Kia Motors have asked the California federal judge to dismiss the consolidated consumer class claims filed by victims of car theft. On May...
BUSINESS

Samsung Electronics promises memory-based supercomputer by 2028

Samsung Electronics will develop its own supercomputer by the end of 2028. "Samsung Electronics aims to develop a memory-based supercomputer by 2028," Kyung Kye-hyun, CEO...
BUSINESS

BLACKPINK-emblazoned Korean Air jet to promote Busan Expo bid

A Korean Air jet emblazoned with an image of K-pop girl group BLACKPINK will help promote South Korea's bid to host the 2030 World...
BUSINESS

W+K opens in Seoul to ride the K-wave

Wieden+Kennedy, an advertising agency best known for creating Nike's "Just Do It" tagline, is just doing it in Korea, with the aim of tapping...
BUSINESS

SK On signs deal with Colorado-based Westwater Resources to develop anode materials

  SK On signed an agreement with Colorado-based Westwater Resources to co-develop anode materials, the key component in making electric vehicle batteries. Under the three-year agreement,...
BUSINESS

Kospi gains points, U.S. Fed meeting expected to raise interest rate

Stocks closed higher Tuesday for a third day, ahead of the U.S. Federal Reserve's policy meeting later this week. While the won fell against...
BUSINESS

Industry minister visits Boston Dynamics, praises achievements

Minister of Trade, Industry and Energy Lee Chang-yang visited Hyundai Motor’s Massachusetts-based Boston Dynamics on Friday as he accompanied President Yoon Suk Yeol on...
BUSINESS

HD Hyundai CEO visits subsidiaries in Alabama and Georgia

HD Hyundai CEO Chung Ki-sun visited the shipbuilder’s subsidiary in Alabama to meet with its employees Friday. Chung is part of the 122-member business delegation...
BUSINESS

Yoon Suk Yeol asks Tesla CEO Elon Musk to invest in Korea

President Yoon Suk Yeol asked Tesla CEO Elon Musk to invest in a factory in Korea at a meeting held during the Korean leader’s...
BUSINESS

BBQ to open location in Panama, its first in Central America

Genesis BBQ will open its first branch in Central America next month. The store will open on May 17 in San Francisco, Panama City. The region...
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