ECONOMY

How Hyundai Glovis is Revolutionizing Supply Chain Management in the U.S.: Insights from New Facilities

Hyundai Glovis has expanded its North American logistics operations by establishing major distribution hubs on both the East and West Coasts of the U.S. This strategic move is expected to enhance local logistics capabilities and increase supply chain

Oil Prices Surge: How the U.S.-Iran Negotiation Collapse Affects the Asian Refining Industry

The first peace talks between the U.S. and Iran broke down due to disagreements over nuclear issues, causing global oil prices to surge and setting off alarms in the refining industry.As the gap between international and domestic oil product prices w

Korean Central Bank Nominee Sells 18.9 Million KRW in Foreign Assets: What Does This Mean for the Economy?

Shin Hyun-sung, the Bank of Korea's governor nominee, has substantially reduced his foreign currency holdings before his confirmation hearing and stated his intention to continue this process.In written responses submitted to the National Assembly on

47% of U.S. College Students Consider Changing Majors Over AI Job Concerns

Nearly half of U.S. college students are considering changing their majors due to concerns that artificial intelligence could replace their jobs.According to The Hill on April 12, citing a joint survey conducted in October last year by the Lumina Fou

SNT Dynamics Obtains U.S. DoD-Recognized Cybersecurity Certification

SNT Dynamics said on April 14 that it has obtained a U.S. Department of Defense-recognized cybersecurity certification, a key requirement for participating in U.S. defense contracts, becoming the first South Korean defense firm to do so.The certifica

HanmiGlobal Secures Major IDIQ Contract for Infrastructure Projects with U.S. National Park Service

HanmiGlobal announced on Tuesday that its U.S. subsidiary, OTAK, has secured an Indefinite Delivery Indefinite Quantity (IDIQ) contract with the National Park Service, a division of the U.S. Department of the Interior.IDIQ contracts are a key procure

Hyundai Motor Group’s Chung Reaffirms $26 Billion U.S. Investment, Bets on Robotics and Hydrogen

Chung Euisun reaffirmed Hyundai Motor Group’s large-scale investment commitment to the United States, emphasizing robotics and hydrogen as key drivers of future growth amid global economic uncertainty.In an interview published April 12, with U.S. out

LS Electric Shares Top 200,000 KRW… Hit Record High on AI Data Center Supply

LS Electric saw its stock price soar past 200,000 KRW (about 135 USD), hitting an all-time high.As of 9:07 a.m. (South Korean time) on Tuesday, LS Electric shares were trading at 194,400 KRW (about 131 USD), up 8.48% (15,200 KRW, about 10.3 USD) from

Korean Opposition Party's U.S. Visit: Key Diplomatic Strategies for 2026

On Tuesday, the People Power Party's delegation to the United States, led by Representative Jang Dong-hyuk, announced their plans to meet with U.S. government and congressional officials to discuss Middle East issues and other matters.The delegation,

T+1 Settlement Revolution: How Korea's Exchange Plans to Lead Asia

The Korea Exchange announced on Monday that it plans to conduct an on-site due diligence visit with the Korea Securities Depository and the Korea Financial Investment Association to shorten the stock market settlement cycle to T+1.From April 27 to Ma