Overnight, bitcoin plunged around 6% to trade below $86,000, denting sentiment and pressuring the broader stock market.
Shares of South Korean carmakers and auto-component suppliers jumped on Thursday, extending a relief rally after the U.S. Federal Register published a notice formalizing a tariff cut to 15% from 25% ...
U.S. Commerce Secretary Howard Lutnick has confirmed a substantial cut in the general tariff rate on imports from South Korea ...
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South Korea's used car boom offsets U.S. tariffs
South Korea’s used car export industry is experiencing a significant boom, providing a buffer against the negative impacts of U.S. tariffs on other sectors of its economy. Despite the overall dip in ...
Seoul (Reuters) -Shares of South Korean automakers Hyundai Motor and Kia Corp fell on Thursday after U.S. President Donald Trump said the U.S. will charge a 15% tariff on imports from South Korea, ...
Carmaker KG Mobility's stock was recently up 13% in Seoul after surging as much as 21%, leading gains among South Korean auto makers. Shares in Hyundai Motor and sibling automaker Kia were last up 4.9 ...
INCHEON, South Korea (Reuters) -From the muddy grounds of a former amusement park on South Korea's coast, tens of thousands of vehicles are being packed for shipment overseas as booming used car ...
When it comes to Korean auto manufacturers, there are really only two names in the game. Between them, Hyundai and Kia own that market. Note also that Hyundai is Kia’s largest and controlling ...
Thomas has spent two years working in the auto journalism industry, contributing to a UK-based newspaper and writing for Euronewsweek. A full-time writer and lifelong engineering enthusiast, he now ...
Tyler began his love for the automotive world from in front of a television screen, playing games like Gran Turismo and Need For Speed. While cars have always been his passion, he pivoted towards ...
Korean branches of two foreign auto parts manufacturers, NIFCO Korea and ITW Automotive, have been slapped with a combined ...
A strike by South Korean auto parts workers at Hyundai Transys, which has lasted more than a month, is having a growing impact on the country’s car industry. The workers are fighting for the ...
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