Photo=Department of Investment Promotion, Ministry of Commerce of the People's Republic of China Several South Korean semiconductor and autonomous driving technology firms are exploring entry into Yancheng, a major industrial city in China’s Jiangsu Province, signaling a potential new phase of high-tech cooperation between the two countries. On July 30, nine Korean companies—including semiconductor design firm SkyChips, power semiconductor company

Photo=BP British energy giant BP has announced a major offshore oil and gas discovery in Brazil’s Santos Basin, marking its largest such find in over two decades. The company revealed on August 4 that it struck oil in the Bumerangue Block, located approximately 250 miles off Brazil’s southeastern coast in 7,782 feet of water. BP acquired full ownership of the block in 2022. According to the company, preliminary

Photo=Hyundai Motor Hyundai Motor is making waves in Japan’s electric vehicle market with its newly launched INSTER, a compact EV marketed domestically in Korea as the Casper Electric. The automaker posted its second consecutive record-breaking month in July, with cumulative sales this year surging 1.5 times over the same period in 2024. According to data released Monday by the Japan

Photo=Samsung Electronics Samsung Electronics is expanding its digital wallet service in Japan, adding new features to better compete in one of Asia’s most mature mobile payment markets. The company announced this week that it has integrated support for JCB credit cards, NTT Docomo’s d Payment and d Point systems, and PGM Points used for golf course reservations. The additions allow

(Photo=ATTRAKT) A high-profile legal showdown is looming in South Korea’s entertainment industry as indie label ATTRAKT prepares to face Warner Music Korea in court over allegations of artist tampering involving rising K-pop girl group FIFTY FIFTY. The Seoul Central District Court has scheduled the first hearing for September 11. ATTRAKT is seeking $14.4 million in damages, claiming that Warner Music