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Is Hyundai Motor Group Walking Away From Russia for Good?

Is Hyundai Motor Group Walking Away From Russia for Good?

Photo=Hyundai Motor Group’ Hyundai Motor Group’s decision not to exercise its buyback option on its former Russian manufacturing plant is fueling speculation that the South Korean automaker may be closing the chapter on Russia—at least for the foreseeable future. The group confirmed earlier this month that it would not repurchase its flagship St. Petersburg factory, a move that effectively rules

Feb 3 2026
11:00 AM PST
A Korean Skincare Brand Tests Netflix Storytelling as a Growth Lever in the U.S. Beauty Market

A Korean Skincare Brand Tests Netflix Storytelling as a Growth Lever in the U.S. Beauty Market

(Photo=anua) As competition intensifies in the U.S. skincare market, where product claims have become increasingly interchangeable, brands are searching for ways to differentiate beyond formulation. Anua, a South Korea–based skincare company, is taking that approach by anchoring a global campaign to a collaboration with the Netflix film K-Pop Demon Hunters, using narrative rather than novelty to frame its products. The

Feb 2 2026
02:48 AM PST
Next Biomedical Wins Canadian Approval for Absorbable Embolic Device, Steps Up North America Push

Next Biomedical Wins Canadian Approval for Absorbable Embolic Device, Steps Up North America Push

Photo=Next Biomedical Next Biomedical Co., a South Korean medical-device specialist, said it has received regulatory approval in Canada for its absorbable embolic microsphere used to treat musculoskeletal pain, a milestone the company says will accelerate its expansion into North America ahead of a planned U.S. launch. The company said on Jan. 29 (local time) that Health Canada granted market authorization

Feb 1 2026
10:00 AM PST
Samsung Bioepis Reaches Patent Deal for Eylea Biosimilar in Europe and Other Markets

Samsung Bioepis Reaches Patent Deal for Eylea Biosimilar in Europe and Other Markets

Samsung Bioepis said it has reached a licensing and settlement agreement with Regeneron Pharmaceuticals Inc. and Bayer AG covering its biosimilar version of Eylea, clearing the way for launches across major global markets outside the U.S. and Canada. The agreement αφορά Opfobiz, Samsung Bioepis’s biosimilar to Eylea (active ingredient: aflibercept), a leading treatment for retinal diseases. Under the deal, Samsung

Jan 31 2026
10:00 AM PST
South Korea’s President Urges Faster Adaptation as Robot Debate Exposes Fault Lines With Labor

South Korea’s President Urges Faster Adaptation as Robot Debate Exposes Fault Lines With Labor

Photo=Hyundai South Korean President Lee Jae-myung has delivered one of his clearest warnings yet about the country’s industrial future, arguing that resistance to humanoid robots on factory floors risks leaving the nation unprepared for an inevitable technological shift. His remarks, aimed squarely at labor opposition within the auto sector, have intensified a public clash with one of South Korea’s most

Jan 30 2026
10:00 AM PST