President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida will hold a summit in Tokyo on Thursday, his office said. The summit, which will be followed by a dinner, will be held on the first day of Yoon’s two-day visit to Japan, national securi…
Volvo Car Korea Co. said Tuesday it is targeting a 20 percent on-year sales growth this year helped by electric models. The Sweden-based carmaker sold a total of 14,431 vehicles in Asia’s fourth-biggest economy in 2022, down 4 percent from 15,053 unit…
South Korea’s finance ministry on Tuesday called for the passage of a revised tax bill centering on providing more incentives for chipmakers, claiming Asia’s No. 4 economy should not miss the “golden hour” to revitalize the chip industry. In January, …
SEOUL, March 13 (Yonhap) — Hyundai Motor Co., South Korea’s leading carmaker, said Monday it is in the process of acquiring General Motors Co.’s car manufacturing facility in India.Hyundai Motor has signed a term sheet with GM to take over the U.S. ca…
SEOUL, March 13 (Yonhap) — South Korea endorsed major defense projects Monday to purchase an additional batch of F-35A stealth fighters and shipborne Standard Missile-6 (SM-6) interceptors, the state arms procurement agency said, in a move to reinforc…
SEOUL, March 12 (Yonhap) — Kwon Young-soo, chief of LG Energy Solution Ltd. (LGES), embarked on a business trip to China on Sunday to check on its electric vehicle (EV) battery plant in China, according to an industry source.During the five-day trip, …
SEOUL, K-pop superstar J-Hope’s new digital single “on the street” has entered the British Official Singles chart.According to the chart updated Friday (British time), the song debuted at No. 37 on the Official Singles Chart Top 100, a notch down from …
SEOUL– South Korean Finance Minister Choo Kyung-ho has called for U.S. cooperation to reflect Seoul’s request in the upcoming U.S. guidance on critical minerals and battery component requirements of the Inflation Reduction Act (IRA), the finance minis…
SEOUL– A motion requesting parliamentary consent to opposition leader Lee Jae-myung’s arrest was set to be reported in the National Assembly on Friday in the last step ahead of a vote on the motion next week.Lee, chairman of the main opposition Democr…
SEOUL– South Korean stocks traded nearly unchanged late Friday morning amid caution over the United States’ monetary policy direction to curb inflation.The benchmark Korea Composite Stock Price Index (KOSPI) had added 2.71 points, or 0.11 percent, to …
