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Trump economic adviser mentions South Korea over US' trade deficits

Trump economic adviser mentions South Korea over US' trade deficits

A key economic adviser to US President Donald Trump pointed to South Korea, along with Europe and China, as among the countries contributing to the US’ “persistent trade deficits" on Monday, as concer

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LG to take on OpenAI, DeepSeek with Korea's first reasoning AI model

LG AI Research has unveiled the country’s first reasoning artificial intelligence model, Exaone Deep with top-tier performance to compete head-on with industry-leading players including OpenAI and Dee
Companies

Hanwha eyes US shipbuilding growth with more stake in Austal

Energy-to-defense giant set to become largest shareholder of key vessel supply to US Navy South Korean conglomerate Hanwha Group is positioning itself to become the largest shareholder of Austal, one
Companies

Nongshim’s Shin Ramyun Toomba debuts in Malaysia

Korea’s No. 1 ramyeon maker, Nongshim, said Monday that it has launched its new Shin Ramyun type, Shin Ramyun Toomba, in Malaysia by launching a brand shop on TikTok Shop, the leading online platform
Markets

Industry minister heads to US again for high-stakes trade, energy talks

Korea to clarity trade terms with US, pushes for removal from 'sensitive countries' list South Korean Industry Minister Ahn Duk-geun is set to travel to Washington this week to discuss Korea's trade t
Companies

Porsche Macan EV, too good to be electric

Porsche is seeking a turnaround in South Korea, its fifth-largest market, with the Macan Electric, an electrified version of its bestselling sport utility vehicle and its first all-electric model. In
Markets

Korea's finance ambassador meets with global investors in New York

Finance Ambassador Choi Jong-ku promotes Korean market, reassures global investors of economic stability at New York IR session South Korea emphasized its market stability and commitment to enhancing
Markets

Trump threatens 200% wine tariff if EU does not remove whiskey tariff

US President Donald Trump said on Thursday that he would put a 200 percent wine tariff on all wines and other alcoholic products coming out of the European Union if the bloc did not remove its tariff
Tech

Kakao’s Daum spin-off: Strategy for growth or path to sale?

South Korean internet giant Kakao is spinning off Daum, its in-house independent company that operates the country’s second-largest portal site, reigniting speculation about a potential sale of the se
Companies

Doosan Enerbility scores W2.2tr power plant contract in Saudi Arabia

Doosan Enerbility has signed a 2.2 trillion won ($1.5 billion) contract to build two combined cycle power plants in Saudi Arabia, the Korean heavy industry manufacturer said Thursday. According to Doo
Companies

Hyundai Mobis unveils new vision to drive future mobility innovation

Auto parts-maker targets 8% annual growth by 2027, vows to diversify clientele beyond Hyundai, Kia Korea’s leading manufacturer of auto parts, Hyundai Mobis has unveiled its new corporate vision as “L
Markets

Korean firms revamp US lobbying strategies as Trump's tariff threats grow

Samsung in search of lobbying experts with strong ties to Trump With US President Donald Trump escalating threats of tariffs and trade restrictions, South Korean conglomerates are rushing to revamp th
Companies

MBK in tight spot over Homeplus rehabilitation

MBK Partners, one of Asia’s largest private equity firms, is under intense scrutiny for its decision to place Homeplus, Korea’s second-largest hypermarket chain, under corporate rehabilitation with in
Markets

K-Nvidia: Bold vision or political misstep?

Opposition leader’s state-owned tech proposal faces reality check South Korean opposition leader Lee Jae-myung’s recent proposal to establish a big tech company akin to Nvidia, but one that is state-b
Tech

LG weighs response to Trump's proposed TV tariffs

LG Electronics is grappling with anticipated tariffs from the administration of US President Donald Trump on imported televisions. However, building a new manufacturing facility in the US immediately
Markets

Convenience stores propel K-food’s global reach

Top two chains CU, GS25 target $10 million in exports this year South Korea’s convenience store chains, led by industry frontrunners CU and GS25, are making bigger waves globally, riding the K-food bo
Companies

LS Eco Energy supplies power cables for Philippines’ largest data center

LS Eco Energy, a Vietnam-based cable manufacturer under Korea’s LS Cable & System, announced Monday that its Vietnamese subsidiary, LS-VINA, has supplied medium- and low-voltage power cables for STT F

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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