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Korean Retail Investors Strike Gold with Tesla as Trump’s Victory Sparks Rally

Korean Retail Investors Strike Gold with Tesla as Trump’s Victory Sparks Rally

SEOUL, Nov. 13 (Korea Bizwire) – Lee, a 32-year-old office worker from Incheon, has been waking up in the middle of the night to check his investment portfolio, often exclaiming “Thank you, Musk” before falling back asleep. His enthusiasm stems from a remarkable turnaround in his 10-million-won investment in Tesla, which had previously plunged 30% amid [...]

Supply Chain Shifts Under Trump Presidency Could Reshape Global Logistics, Korean Report Says

Supply Chain Shifts Under Trump Presidency Could Reshape Global Logistics, Korean Report Says

SEOUL, Nov. 12 (Korea Bizwire) – A new report suggests that South Korean companies should proactively secure logistics infrastructure in the southeastern United States and along the U.S. borders with Canada and Mexico, anticipating these regions’ emergence as key global supply chain hubs under a potential second Trump administration.  The Korea Chamber of Commerce and Industry [...]

Hyundai Subsidiary’s Robot Dog Deployed to Strengthen Security at Trump’s Mar-a-Lago Estate: Report

Hyundai Subsidiary’s Robot Dog Deployed to Strengthen Security at Trump’s Mar-a-Lago Estate: Report

WASHINGTON, Nov. 11 (Korea Bizwire) — A robot dog, made by a subsidiary of South Korea’s Hyundai Motor Group, has been deployed to beef up security at U.S. President-elect Donald Trump’s property in Florida, according to a news report. Made by Boston Dynamics, the remote controlled, four-legged robot was seen patrolling the sprawling Mar-a-Lago estate [...]

Trump Victory Signals Uncertainty for Global Automakers, Korean Firms Brace for Impact

Trump Victory Signals Uncertainty for Global Automakers, Korean Firms Brace for Impact

SEOUL, Nov. 7 (Korea Bizwire) – The global automotive industry faces significant changes and uncertainties following Donald Trump’s election as the 47th president of the United States on November 6. Hyundai Motor Group, which has relied heavily on U.S. exports for its performance, is particularly on alert as Trump has promised to prioritize domestic industries, strengthen [...]

S. Korea Sends Its Top Envoy to U.S. to Trump’s Mar-a-Lago Home

S. Korea Sends Its Top Envoy to U.S. to Trump’s Mar-a-Lago Home

WASHINGTON, Nov. 6 (Korea Bizwire) — South Korea has sent its top envoy to the United States to U.S. President-elect Donald Trump’s Mar-a-Lago home in Florida, according to officials Thursday. Ambassador Cho Hyun-dong’s visit to Trump’s home in Palm Beach follows Trump’s election win Wednesday. Cho plans to meet with people from Trump’s camp as [...]

Trump Highlights Personal Ties with Kim, Signals Interest in N.K. Diplomacy

Trump Highlights Personal Ties with Kim, Signals Interest in N.K. Diplomacy

SEOUL, July 20(Korea Bizwire) – Former President Donald Trump showcased his personal rapport with North Korean leader Kim Jong-un during his acceptance speech for the GOP nomination for the November 5 presidential election. Speaking on the final day of the Republican National Convention in Milwaukee, Trump suggested that Kim might prefer his return to office and [...]

Trump’s Formal GOP Nomination Raises Both Hope, Concern over His Korea Policy

Trump’s Formal GOP Nomination Raises Both Hope, Concern over His Korea Policy

WASHINGTON, Jul. 18 (Korea Bizwire) — Former U.S. President Donald Trump’s formal nomination as the Republican flag-bearer this week is raising anew crucial policy questions over how he would deal with advancing North Korean threats, the alliance with South Korea and other high-stakes issues should he return to office. Both hope and concern have been [...]

Trump’s NATO Remarks Renew Worries about U.S. Commitment to Alliance, N.K. Deterrence

Trump’s NATO Remarks Renew Worries about U.S. Commitment to Alliance, N.K. Deterrence

WASHINGTON, Feb. 13 (Korea Bizwire) — Former President Donald Trump’s recent controversial remarks on the North Atlantic Treaty Organization (NATO) is stoking a renewed yet consequential question for South Korea: Would America’s security commitment remain steadfast in the midst of seemingly unbridled North Korean threats? During a campaign rally in South Carolina on Saturday, Trump [...]