Report: GM Korea-Built Chevrolet Trax Crossovers Ship From Changwon to North America Masan Gapo New Port on April 29 was packed with finished vehicles lined up for export, with a large car carrier preparing to load. The cars had been built at a domestic plant and were awaiting shipment overseas. Most of the vehicles carried the Chevrolet badge. They were largely the Chevrolet Trax Crossover, a small SUV produced at GM Korea’s Changwon plant. Since its 2023 launch, the model has sold about 1 million units cumulatively and ranked No. 1 in South Korea’s passenger-car expor April 30, 2026

NH Investment Raises EcoPro BM Target on Expected Hungary Plant Expansion NH Investment & Securities said April 30 it expects EcoPro BM to expand its second plant in Hungary in the second half of the year, raising its target price 14% to 280,000 won and maintaining its “buy” rating. In a report, NH analyst Joo Min-woo said customer strategies are being revised to reflect Europe’s IAA rules and the TCA (EU-U.K. trade agreement), which he said is increasing the likelihood of winning orders from new customers, including CATL. Joo said EcoPro BM is a key catho April 30, 2026

Wall Street Ends Mixed as Oil Jumps and Fed Split Widens; Dow Falls, Nasdaq Flat U.S. stocks finished mixed on Tuesday, pressured by a sharp rise in oil prices and higher Treasury yields, while the Federal Reserve held interest rates but revealed unusually deep internal divisions. The Dow fell, and the Nasdaq ended little changed. The Dow Jones Industrial Average closed down 280.12 points, or 0.57%, at 48,861.81. The S&P 500 slipped 2.82 points, or 0.04%, to 7,135.98. The Nasdaq composite added 9.44 points, or 0.04%, to 24,673.24. The Russell 2000, which tracks sm April 30, 2026

Welcome, KB Savings Banks Probed Over Auto Parts Loan Fraud; Losses Estimated at 100 Billion Won Welcome Savings Bank and KB Savings Bank have been hit by alleged loan fraud involving auto parts sales receivables used as collateral, prompting a financial regulator probe, officials said. According to financial authorities and the finance industry on the 30th, Welcome Savings Bank detected irregularities in the lending process in November last year, voluntarily reported the case to the Financial Supervisory Service and halted the product entirely. KB Savings Bank also disclosed in Janu April 30, 2026

LG Innotek CEO Moon Hyuk-soo, Applied Intuition CEO discuss expanding physical AI ties LG Innotek said April 30 that CEO Moon Hyuk-soo met April 29 with Applied Intuition co-founder and CEO Qasar Younis at the company’s Magok headquarters in Seoul to discuss cooperation in physical AI. The meeting followed the companies’ strategic partnership in autonomous driving announced in March. The two are working to advance autonomous-driving solutions by combining LG Innotek’s sensing modules with Applied Intuition’s software. Attendees included Moon and LG Innotek Chief Technology April 30, 2026

South Korea Opens K-Tourism Roadshow in Fukuoka to Target Japan’s Golden Week South Korea’s Culture, Sports and Tourism Ministry is stepping up efforts to attract Japanese visitors during Japan’s Golden Week holiday period (April 29 to May 6). The ministry said it will hold a “K-tourism roadshow” on Wednesday in Fukuoka to spur local interest in travel to South Korea. It is the third on-site promotion this month, following events in Osaka on April 9 and in Tokyo from April 10 to 12. ◆ “Shall we go today? Korea!” — Hwang Min-hyun to headline The Fukuoka roadshow is April 30, 2026

South Korea to Ease Mutual Finance Rules, Offer Incentives for Inclusive Lending Interior view of the Financial Services Commission building in Jongno-gu, Seoul. South Korea’s financial authorities are moving to ease regulations on the mutual finance sector to expand inclusive lending, including incentives for cooperatives that increase loans to local communities and working-class borrowers. The Financial Services Commission said it held a kickoff meeting on April 29 for a task force on institutional improvements for mutual finance and discussed measures April 30, 2026

Fed Holds Rates Again; Statement Fuels Doubts About Cuts This Year The Federal Reserve held its benchmark interest rate steady again, but investors did not treat the move as a simple pause. With the Fed sharpening its language on inflation and flagging overseas risks, markets read the decision as pushing expectations for rate cuts later this year further out. The Fed said on April 29 (local time) that the Federal Open Market Committee kept its target range at 3.5% to 3.75%. The statement said economic activity is expanding at a solid pace, but noted that April 30, 2026

LIV Golf Korea 2026 Names Paradise Hotel Busan as Official Hotel for May Event Paradise Hotel Busan in the Haeundae area has been named the official hotel for the global golf event "LIV Golf Korea 2026." Paradise Hotel Busan said Wednesday it held a signing ceremony for an official partnership with LIV Golf on Tuesday in the Sicily Room of the hotel’s main building. Attendees included Yoon Jin-sang, general manager of Paradise Hotel Busan; Son Seong-an, chairman of S&M Group; Ross Hallett, LIV Golf executive vice president for events; and Martin Kim, team represe April 30, 2026

More Big Brokerages Adopt Co-CEO Structures as Businesses Diversify More securities firms in South Korea are adopting a co-CEO structure, particularly among large brokerages, as their scale and business lines expand. The shift reflects broader diversification into areas such as comprehensive investment services and investment banking, with companies splitting accountability by division. As of April 30, three firms have adopted co-CEO structures: Mirae Asset Securities, KB Securities and Meritz Securities, according to the financial investment industry. April 30, 2026