Has South Korea really struck oil?
The South Korean government is making headlines with claims of potentially substantial oil and natural gas reserves discovered off its southeastern coast, near Pohang's Yeongil…
Moon Joon-hyun
US crackdown on Chinese connected vehicles unsettles South Korea
Korean auto industry urges clarity, citing complexity of mobility supply chains.
Korean industries gauge impact of President Biden’s steep tariffs on China
The new tariffs, which will take effect over the next two years, could reshape market dynamics, particularly affecting countries like Korea that are deeply integrated into the…
Korean shipbuilding stocks rally: Real growth or bubble?
Despite a sluggish start this year, renewed optimism has emerged, possibly due to the anticipated benefits from escalating tensions between the US and China, along with the…
South Korean shipbuilders eye US yards to tap Navy’s lucrative repair deals
HD Hyundai Heavy Industries and Hanwha Ocean are setting their sights on acquiring American shipyards, specifically to tap into the maintenance, repair and overhaul business.
Korean battery giants showcase new tech amid rivalry with China
A display of the pouch-type cell-to-pack technology was demonstrated through a mockup resembling a car's chassis. This technology is designed to boost energy density and reduce…
Shipping constraints shackle Korea’s auto export boom
Last year, South Korea's auto production exceeded 4 million units for the first time in five years in 2023, with auto exports reaching a record $70.9 billion.
US Navy secretary scouts Korean shipbuilders for fleet support
US Navy Secretary Del Toro's visit to Korea comes as the US contemplates outsourcing naval ship maintenance, repair, and overhauls, or MRO, to alleviate domestic capacity…
South Korea’s chaebol leaders heading to CES 2024
SK Group, with its seven subsidiaries, will set up a 1,850-square-meter exhibition booth at the Venetian Expo, themed “SK Wonderland,” to showcase the group’s vision for AI…
South Korea to create world’s first advanced plastic recycling cluster, breaks ground in Ulsan
Once operational in 2025, the recycling cluster will have the capacity to recycle 320,000 tons of waste plastic annually, about 10 per cent of South Korea's yearly plastic waste…