Business
- KG Mobility plans to launch seven new vehicle models by 2030on June 9, 2026 at 1:56 pm
South Korea's KG Group said Tuesday its automotive affiliate, KG Mobility, plans to launch seven eco-friendly models by 2030 to increase sales.
- Seoul shares surge over 8 pct on AI confidence, Iran-Israel ceasefire; won sharply upon June 9, 2026 at 10:45 am
South Korean stocks soared by more than 8 percent Tuesday as risk-on sentiment prevailed amid a ceasefire between Israel and Iran and confidence over the AI boom.
- Mexico unveils Olinia Uno, its first electric vehicleon June 9, 2026 at 9:00 am
Mexican President Claudia Sheinbaum unveiled Olinia Uno, the first electric vehicle designed and developed in her country. It will sell for $8.000.
- Jailed crypto tycoon Sam Bankman-Fried applies for pardonon June 8, 2026 at 8:57 pm
Sam Bankman-Fried, a one-time billionaire and cryptocurrency executive now in prison for fraud, has applied for a pardon from President Donald Trump.
- Mirae Asset Securities begins account services for SE Asian investorson June 8, 2026 at 1:42 pm
South Korea's Mirae Asset Securities has teamed up with Singapore-based brokerage UOB Kay Hian to attract investors from Southeast Asian countries.
- NVIDIA deepening ties with LG, SK groups in South Koreaon June 8, 2026 at 1:25 pm
U.S. tech giant's founding CEO Jensen Huang visits Seoul to accelerate AI industry.
- Britain gives tech firms 3 months to stop nude images on child phoneson June 8, 2026 at 12:06 pm
British Prime Minister Keir Starmer tells Apple, Google and other phone firms to clean up children's phones or face legislation forcing them to do so.
- KOSPI crashes over 8 pct on tech hemorrhage, U.S. rate woes; won rises after verbal interventionon June 8, 2026 at 8:05 am
South Korean stocks nosedived more than 8 percent Monday on renewed woes over AI profitability and concerns over a possible hawkish pivot of the U.S. Federal Reserve.
- OPEC to increase oil output amid continued closure of Strait of Hormuzon June 7, 2026 at 5:41 pm
OPEC plans to hike production by 200,000 barrels per day despite the Strait of Hormuz remaining closed, making it near-impossible to ship any of it.
- Second New World Screwworm case confirmed in Texas cattleon June 6, 2026 at 8:37 pm
A second case of New World screwworm was confirmed in Texas this week in a one-month old calf nearly six miles from where the first case was detected.