
New South Korean Tax Chief Declares War on $80 Billion in Unpaid Taxes
South Korea’s newly appointed Commissioner of the National Tax Service (NTS), Lim Kwang-hyun, has declared an aggressive campaign
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South Korea’s newly appointed Commissioner of the National Tax Service (NTS), Lim Kwang-hyun, has declared an aggressive campaign
SK Hynix, a global leader in memory semiconductors, announced a monumental second quarter, reporting an operating profit that
South Korea–based automaker Hyundai is facing a downturn in its U.S. hydrogen vehicle sales. Hyundai’s hydrogen-powered SUV, the
South Korea–based molecular diagnostics company Seegene is unveiling two of its most advanced innovations—CURECA™ and STAgora™—at ADLM 2025
(Photo=Hyundai Motor) Hyundai Motor, South Korea’s largest automaker, is struggling in the Chinese market, but its strong brand recognition and popularity remain evident. The company’s joint venture in China, Beijing Hyundai, ranks seventh among automakers on Chinese social media platform Weibo, with more than 5.95 million followers — a sign that its digital presence could help drive a turnaround. Several
(Photo=Samsung) Lee Jae-yong, chairman of Samsung Electronics — a company recognized as a global leader in semiconductors, mobile devices, and home appliances — was acquitted by South Korea’s Supreme Court on Wednesday of all charges over alleged unfair merger practices and accounting fraud. At 11:15 a.m. on Thursday, July 17, the Supreme Court’s third panel, presided over by Justice Oh
Photo=Olive Young Korean beauty retailer Olive Young took center stage at Cosmoprof North America 2025 in Las Vegas this week, presenting its lineup of private label (PB) brands to international buyers and industry professionals. The move underscores the company’s ambition to establish itself as a global leader in K-beauty by leveraging South Korea’s advanced skincare technologies and trendsetting products. The
Photo=LG Electronics LG Electronics home appliance subscription service, LG Subscribe, has exceeded 10,000 subscribers in Thailand just nine months after its launch, the company announced Thursday. The service’s success is attributed to its tailored approach, reducing upfront costs while offering robust after-sales support, which has resonated with Thai consumers. LG Electronics Thailand division reported that LG Subscribe aims to grow
(Photo=Bang Si-hyuk X) South Korea’s financial regulator has referred Bang Si-hyuk, chairman of Hybe, the K-pop agency behind BTS and NewJeans, to prosecutors on charges of fraudulent transactions during the company’s initial public offering (IPO) process. The Securities and Futures Commission (SFC), under the Financial Services Commission, said on July 16 that it decided in a regular meeting to file