SEOUL, July 15 (Korea Bizwire) — As temperatures in parts of South Korea surged past 40°C again this summer, experts warn that extreme heat is no longer an anomaly, but a growing reality. In response, the government is shifting its focus from prevention to adaptation, launching community-level initiatives to safeguard vulnerable populations. On July 8, [...]
SEOUL, July 14 (Korea Bizwire) — Genesis announced Monday that its flagship sedan, the G90, has been selected as the official ceremonial and protocol vehicle for Kuwait’s Ministry of Interior. The selection underscores the Kuwaiti government’s trust in the model’s premium quality and advanced safety features. A total of 47 G90 vehicles will be deployed—40 [...]
SEOUL, July 14 (Korea Bizwire) — Hyundai Motor Company has debuted its latest high-performance electric sedan, the Ioniq 6 N, at the 2025 Goodwood Festival of Speed, the U.K.’s premier motorsport and automotive celebration. Announced on July 14, the launch marks the second high-performance EV under Hyundai’s N sub-brand, following the Ioniq 5 N, which also [...]
NEW YORK, July 14 (Korea Bizwire) — LG Energy Solution and General Motors’ battery joint venture, Ultium Cells, announced plans to retool their Spring Hill, Tennessee plant to mass-produce low-cost lithium iron phosphate (LFP) batteries, aiming to begin production by late 2027. Ultium Cells said the production line overhaul will start later this year, shifting [...]
SEOUL, July 14 (Korea Bizwire) — LG Electronics is making a strategic push into Europe’s mid- to low-end appliance market by collaborating with Chinese manufacturers from the product design stage — a first for the South Korean tech giant. According to industry sources on July 14, LG plans to launch a new front-load washing machine [...]
SEOUL, July 14 (Korea Bizwire) — Genesis, the independent luxury auto brand of Hyundai Motor Group, said Monday its flagship G90 sedan has been selected as the official vehicle for events and protocol duties of Kuwait’s interior ministry. The decision, which involves the use of 47 G90 units, reflects the Kuwaiti government’s high confidence in [...]
SEOUL, July 14 (Korea Bizwire) — Nicknamed a “storytelling powerhouse” for its ability to craft cohesive narratives across albums and music videos, K-pop group NCT Dream will release its fifth full-length album Monday, themed around time travel. Inspired by the hit 1980s Hollywood film series “Back to the Future,” the album follows the boy group’s [...]
SEOUL, July 14 (Korea Bizwire) — Girl group BLACKPINK topped Spotify’s Daily Top Songs Global chart with its latest single, “Jump,” becoming the first K-pop act to achieve three No. 1s on the chart, its agency said Monday. According to YG Entertainment, the track hit No. 1 on Sunday, following previous chart-toppers “Pink Venom” and [...]
SEOUL, July 14 (Korea Bizwire) — In a surprising twist of fiction-meets-reality, the animated musical film KPop Demon Hunters is now leading a real-world music chart takeover. The U.S.-produced Netflix original, which follows the story of a fictional K-pop girl group battling evil spirits, has delivered a soundtrack that’s anything but imaginary in its impact. [...]
SEOUL, July 14 (Korea Bizwire) — South Korea’s financial authorities are preparing a sweeping overhaul of capital regulations to curb excessive bank lending in real estate and steer financial resources toward high-growth industries like artificial intelligence and biotechnology. According to industry officials on July 13, the Financial Services Commission (FSC) is reviewing plans to raise [...]