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Korean Air Ownership Battle Takes Shape as Hoban Raises Stake, Putting Delta in Focus

Korean Air Ownership Battle Takes Shape as Hoban Raises Stake, Putting Delta in Focus

(PhotoHOBAN Group) A South Korean construction conglomerate is closing in on the largest shareholder position at Korean Air's parent company, raising questions about the airline group's future ownership and the role of Delta Air Lines, one of its most important international partners. Hoban Group's latest share purchases could make it the largest investor in Hanjin KAL, the holding company that

Nov 3 2026
08:00 PM PST
Hyundai’s Genesis Production Halted as Workers Fear New Models Could Threaten Jobs

Hyundai’s Genesis Production Halted as Workers Fear New Models Could Threaten Jobs

(Photo=GENESIS) A dispute over job security brought production at a Hyundai Motor factory in South Korea to a halt Monday after union representatives blocked the introduction of a new hybrid vehicle, fearing that changes to the assembly line could reduce the number of workers needed to build cars. Hyundai Motor, a major South Korean automaker whose Hyundai and Genesis luxury

Nov 3 2026
07:00 PM PST
BTS Brings Global K-Pop Tour to Thousands of Movie Theaters Across 80 Countries

BTS Brings Global K-Pop Tour to Thousands of Movie Theaters Across 80 Countries

(Photo=BTS X) BTS, the seven-member South Korean K-pop group that has built a massive international following, is bringing its world tour to movie theaters across more than 80 countries and territories, extending the reach of its concerts far beyond traditional live venues. The group's upcoming performances in Kaohsiung, Taiwan, and Jakarta, Indonesia, will be screened at approximately 3,300 and 2,800

Nov 3 2026
10:00 AM PST
South Korea’s $615 Billion Budget Raises a Bigger Question About the Global AI Boom

South Korea’s $615 Billion Budget Raises a Bigger Question About the Global AI Boom

(Photo=The Presidential Office of the Republic of Korea) The global artificial intelligence boom is generating enormous profits for South Korea's semiconductor industry and delivering a windfall in government tax revenue. Yet the country's economic success has a troubling contradiction. While technology companies prosper, many ordinary households continue to struggle with housing costs, employment uncertainty and financial pressures. South Korean President

Nov 2 2026
08:00 PM PST
U.S. Navy’s Shipbuilding Push Opens Door to Hanwha’s Philadelphia Yard

U.S. Navy’s Shipbuilding Push Opens Door to Hanwha’s Philadelphia Yard

Photo=Hanwha The $269 million landing-ship award shows how investment in American shipyards can give overseas defense companies access to naval construction work. The U.S. Navy’s effort to expand its shipbuilding capacity gained a new participant on Oct. 29, 2026, when Hanwha Defense USA secured a $269 million contract to build a medium landing ship in Philadelphia—a milestone for investors assessing

Nov 2 2026
12:00 PM PST