Photo=SK Hynix Samsung Electronics and SK Hynix said on Aug. 5 they are preparing to expand shareholder returns as record cash generation from the artificial-intelligence chip boom strengthens their financial positions. In statements provided to Reuters, Samsung said it is exploring ways to increase shareholder returns while maintaining a strong balance sheet to manage industry cycles and finance future growth

Photo=Hyundai More than 512,000 vehicles are being recalled in South Korea after regulators identified software and manufacturing defects that could increase the risk of crashes, fires and other safety hazards, the Ministry of Land, Infrastructure and Transport said on Aug. 6. Hyundai Motor and Kia, including Genesis models, account for nearly the entire recall, with 509,258 vehicles across 11 models

Photo=Motionelements South Korea’s working population aged 55 to 79 surpassed 10 million for the first time as of May 2026, according to government data released on Aug. 5, highlighting the country's growing reliance on older workers as its population ages. The National Data Administration said the economically active population in the 55-to-79 age group reached 10.36 million in May, up

(Photo=MotionElements) South Korea’s individual investors have long been among the most active cryptocurrency traders in the world. Their retreat from digital assets is now exposing a weakness at the center of the country’s exchange industry. Combined trading volume at South Korea’s five largest won based cryptocurrency exchanges fell to $146 billion during the second quarter, down 49.5 percent from $290

(Photo=Coupang) Coupang Inc. spent years adapting Amazon’s retail playbook to South Korea. The New York listed company built its own warehouses and delivery network, paired fast shipping with a paid membership program and invested ahead of demand to make online shopping more convenient than a trip to the store. That approach helped Coupang, a South Korean e commerce and logistics