New alliances: Hyundai, Posco join forces on steel, batteries to tackle US tariffs

Hyundai Motor Group and Posco Group, longtime industry rivals, have joined forces in a strategic alliance abroad, specifically in the US, a key market pressured by steep 25 percent tariffs on steel and automobiles.

Lee Jae-myung pledges to eliminate 'Korea discount,' achieve 5,000-point Kospi

Liberal presidential front-runner Rep. Lee Jae-myung pledged Monday to open an era of an eliminated "Korea discount," with the country's benchmark Kospi index surging twofold to pass 5,000 points

Can Korea clean up its streets by electrifying old motorcycles? Government study begins

South Korea is exploring whether gas-powered motorbikes — widely used for delivery services — can be converted to electric models as a cleaner, quieter alternative for its cities.