Recent Articles

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  Investment

  Seoul to Commit KRW 60 Billion to Vision 2030 Fund

  Seoul Metropolitan Government is expanding its contributions to the “Vision 2030 Fund” to foster future strategic industries, including artificial intelligence (AI). On the 19th, the city announced that it will commit KRW 60 billion to the fund in the first half of this year alone (January to June).

  2026.04.20
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  Hyundai · Kia

  Hyundai, Kia Post Record Q1 Results in India

  View of the Hyundai Motor Company and Kia headquarters buildings in Yangjae-dong, Seocho-gu, Seoul. News1 Hyundai Motor Company and Kia achieved record-high quarterly results in the Indian market in the first quarter (January–March) of this year.According to the Society of Indian Automobile Manufact

  2026.04.20
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  Global Business

  Lee’s India-Vietnam Tour Draws Top Chaebol Chiefs

  As Korean business leaders accompany President Lee Jae-myung on his state visits to India and Vietnam, attention is focusing on the current state of economic cooperation between Korea and these countries. Both nations are key states in the so‑called “Global South” of low-latitude emerging economies,

  2026.04.20
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  Global Business

  Korean Precision Nutrition Firm Medisola Targets Hong Kong

  Medisola accelerates overseas expansion. Courtesy of Medisola Domestic food-care specialist Medisola has entered the core of the Hong Kong distribution market, opening the first export route for Korean special medical-purpose meal-type foods. It is significant in that care food, which had been confi

  2026.04.18
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  Future Industries

  Hyundai Rotem Develops KTX Energy‑Saving, Software Maintenance Tech

  KTX-Eum. Provided by KORAIL Hyundai Rotem announced on the 17th that, together with Korea Railroad Corporation (KORAIL) and Korea National University of Transportation, it has developed an “Intelligent Energy-Efficient Operation System (IEOS)” for trains.IEOS is a technology that reduces energy use

  2026.04.17
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  MOU

  Daewoo E&C Deepens Japan Ties to Grow Energy Business

  Daewoo Engineering & Construction announced on the 17th that CEO Kim Bo-hyun and key management visited Japan from the 12th to the 17th to strengthen cooperative ties with local EPC companies and discuss plans to expand global business.This visit focused on expanding partnerships with Japanese compa

  2026.04.17
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  Global Business

  K-Beauty Sunscreen Tops Amazon UK, COSRX Leads

  COSRX sun stick. Courtesy of COSRX COSRX’s “Ultra Light Invisible Sunscreen Serum” topped the United Kingdom Amazon sunscreen category on 14 April. This outcome reflects the brand’s distinct presence in the local market and the strengthening status of K-beauty.The global sun care market is undergoin

  2026.04.17
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  MOU

  Shinsegae, Reflection AI Launch Retail Push, End OpenAI Deal

  On the 16th of last month (local time), at the signing ceremony for the “Strategic Partnership MOU for the Establishment of the Korea Sovereign AI Factory” between Shinsegae Group and Reflection AI held in San Francisco, the United States, Chung Yong-jin, Chairman of Shinsegae Group (right), and Mis

  2026.04.17
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  Semiconductor / Samsung

  Musk Thanks Samsung as It Wins Next AI Chip Monopoly

  “I would like to thank Samsung Electronics for helping make it possible to mass-produce this chip.” On the 15th (local time), Elon Musk, CEO of Tesla, stated that Tesla has completed the design of its in-house developed artificial intelligence (AI) chip “AI5,” and mentioned Samsung Electronics in th

  2026.04.17
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  Global Business

  Samdo PS, Watos Korea Secure Taiwan Export Foothold

  (From left) Watos Executive Director Cho Dong-hyun, Watos President Song Tae-gwang, Watos President Song Tae-yang, Korea Society of Mechanical Engineers President Kim Jong-guk, SamdoPS CEO Jeong Sang-cheol, K-tos Chairman Song Gong-seok, K-tos Dr. Cho Yong-jun, K-tos CEO Park Yong-hyun, Watos Direct

  2026.04.16