Seoul stocks turned higher Wednesday, with the KOSPI up 0.9 percent to 6,803.74, as chipmakers gained ahead of Nvidia's earnings release. Samsung Electronics rose 2.14 percent and SK hynix advanced 1.…
Hyundai Motor and its labor union reached a tentative wage agreement on Tuesday, ending a dispute that disrupted production of about 55,200 vehicles and caused sales losses exceeding 2.3 trillion won.…
Seoul shares opened sharply lower Tuesday, with the benchmark Kospi trading 244.84 points, or 3.66 percent, lower at 6,452.12 as of 9:15 a.m., following overnight losses in US technology shares and re…
Seoul stocks opened lower Monday, with the KOSPI down 0.73 percent, or 50.77 points, to 6,862.18, as investors locked in gains ahead of Nvidia's earnings release for hints on the AI market's direction…
Kookmin University researchers, led by professor Kim Jang-ho, developed SharedKD, a technology that compresses 3D object detection models for autonomous driving, in collaboration with Hyundai Motor. T…
Deloitte Consulting Korea has appointed Lee Seok-jang, who currently heads its marketing division, as its new CEO, the company said Monday. Lee spent nearly three decades at Hyundai Motor after joinin…
The Autonomous Driving Mobility Expo 2026 (AME 2026) is scheduled for August 25-27 at Coex Hall B in Seoul, featuring more than 60 exhibitors and 150 booths across autonomous-driving systems, AI softw…
Seoul shares soared 3.76 percent on Wednesday, with the KOSPI closing at 6,598.26, as easing concerns over AI investment profitability and hopes for a US-Iran interim agreement on the Strait of Hormuz…
Seoul shares ended higher Tuesday, with the benchmark Korea Composite Stock Price Index closing at 6,358.95, up 101.50 points, or 1.62 percent, as retail investors bought stocks after the previous ses…
Hyundai Engineering unveiled a new corporate vision Thursday at its Seoul headquarters to expand beyond traditional engineering, procurement and construction into future energy and advanced industrial…
Seoul shares surged nearly 13 percent late Friday morning, with the KOSPI adding 717.3 points to trade at 6,310.86, as investors scooped up semiconductor shares following Microsoft's strong earnings t…
Seoul shares fell by more than 1 percent Thursday as retail investors heavily sold tech stocks amid concerns over artificial intelligence spending and uncertainty about the Federal Reserve's interest …
Seoul shares opened higher Thursday, with the KOSPI up 0.35% to 5,683.09, as investors sought bargains after a sharp decline amid AI spending concerns. The index had plunged 5.98% on Wednesday followi…
Hyundai Motor Group's push into physical AI and robotics is failing to offset investor concerns, as weakening automotive earnings prompt brokerages to cut target prices for Hyundai Motor and Kia. Desp…
SK Telecom launched SK Hyper, a wholly owned AI data center subsidiary, with a 750 billion won ($510 million) capital commitment through 2030 and a target of 15GW of capacity by 2035. The buildout inc…
Labour unions across South Korea are rallying after Samsung Electronics agreed to hand out bonuses of more than US$400,000 to some employees, with workers at Hyundai Motor, HD Hyundai Heavy Industries…
Hyundai Motor and Kia opened UX Studio Shanghai, a user experience research hub in Shanghai's Jing'an District, to deepen China-specific vehicle development as competition intensifies in the world's l…
Hyundai Motor and Kia opened UX Studio Shanghai, a user experience research center in Shanghai's Jing'an district, to study Chinese consumer trends and apply them to future vehicle development. The co…
Seoul stocks surged 2.42 percent late Thursday morning, with the KOSPI reaching 6,961.92, driven by tech gains after Alphabet's second-quarter earnings beat expectations, including 82 percent on-year …
South Korean labour unions across multiple industries are pushing for higher bonus payouts after Samsung Electronics agreed to bonuses exceeding US$400,000 for some employees amid the AI boom. Hyundai…