Friday, June 12, 2026

South Korea

Hyundai and Kia Face Cost Surge as US Tariffs Reshape Global Strategy

Hyundai and Kia are now facing major setbacks in the US auto market due to rising import duties. The new trade deal imposes a...

LG CNS Secures Global AI Edge with Triple Cloud Certification

South Korea’s LG CNS has achieved a major milestone in artificial intelligence innovation. The company became the first Korean firm certified in generative AI...

South Korea Bets Big on US Shipbuilding with $150B MASGA Investment Drive

South Korea is accelerating its global shipbuilding expansion by launching a $150 billion initiative under the MASGA project. This massive fund supports investments in...

South Korea’s Hanwha Expands Nuri Rocket Role with Full Control Transfer

Hanwha Aerospace has taken full control of the Nuri rocket program, marking a turning point in South Korea’s space ambitions. The Hanwha rocket deal...

SK Innovation Unveils Bold Overhaul to Tackle SK On’s Mounting Debt and Losses

SK Innovation is making bold moves to rescue its struggling battery business, SK On. The company announced a major internal restructuring to boost profitability...

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