ECONOMY

Roche to Pour $50 Billion into U.S.—And 12,000 New Jobs Are Coming

Swiss pharmaceutical company Roche announced on Tuesday that it will invest $50 billion in the United States over the next five years. The investment aims to expand the company's existing U.S.-based manufacturing and research and development (R&D) i

Hyundai and Kia Hit 30K EV Sales in U.S.—IONIQ 5 Leads the Charge

Hyundai Motor Group surpassed 30,000 electric vehicle sales in the United States during the first quarter of 2025, ranking third overall. According to the Korea Automobile Mobility Industry Association (KAMA) 's U.S. electric vehicle sales trend rep

Google Is Paying Big to Put Gemini AI on Samsung Phones

Google reportedly pays Samsung Electronics a substantial sum to install its artificial intelligence (AI) model, Gemini, on Samsung devices. According to Bloomberg on Monday, Google began making payments to Samsung in January this year for including

What If OpenAI Owned Chrome? The Company Says It’s Interested

OpenAI has expressed interest in acquiring Google Chrome if Google is ever forced to sell the browser. According to Bloomberg and other foreign media outlets on Tuesday, Nick Turley, Head of Product at OpenAI, testified as a witness for the U.S. Dep

Hyundai’s Electric Vision Takes Root on Japan’s 'Alps on the Sea'

Hyundai Motor Company is contributing to the transition of Yakushima, Japan - known as the Alps on the Sea - into a zero-emission island by implementing an eco-friendly mobility solution model. On Monday, Hyundai Motors held an Elec City Town Handov

EV3 Reigns Supreme—Hyundai & Kia Celebrate Red Dot Triumph

Hyundai Motor Company and Kia announced on Monday that they won a total of seven awards—including one Best of the Best award and six main awards—at the Red Dot Award: Product Design 2025. The Red Dot Award, hosted by the Nordrhein Westfalen Design C

HMM Shares Jump Nearly 7% After U.S. Sanctions on Chinese Ships

As the United States moves to curb China’s shipping industry, shares of South Korean shipping company HMM surged nearly 7% during early trading on Friday. As of 9:21 a.m. local time on Friday, HMM was trading at 20,600 KRW (approximately 14.47 USD),

Hyundai’s EV Domination Continues—Here’s Why the IONIQs Are Winning Big

Three Hyundai models—the IONIQ 5, IONIQ 6, and Tucson Hybrid—have been named winners in the 2025 Best Hybrid and Electric Cars Awards announced by U.S. news magazine U.S. News & World Report. According to Hyundai on Friday, the 2025 Best Hybrid and

Tariff Pressure Sends DRAM, NAND Prices Soaring—Up to 8% Increase Expected

Concerns over potential U.S. tariff hikes have sparked an increase in memory stockpiling demand, with industry forecasts suggesting dynamic random-access memory (DRAM) and NAND flash memory prices could surge by up to 8% in Q2 this year. On Thursday

AI Agents Could Transform Tech, but Experts Warn of Serious Privacy Risks

Reports have surfaced that OpenAI is preparing to launch a premium AI agent product priced at around 30 million won (approximately $20,633) monthly. This signaled the rapid approach of the AI agent era. However, this development has raised significan