Indonesia’s Sinar Mas revises bid terms to buy Hyundai LNG Shipping as industry opposes sale Hyundai LNG Shipping’s long-stalled sale process has reached a turning point after Indonesia’s Sinar Mas Group presented revised terms that reflect domestic concerns, according to the investment banking industry. Still, whether a deal can be completed remains unclear as the government and the shipping industry are moving to block an overseas sale of a Korean carrier, citing energy security. On 29, the investment banking industry said Sinar Mas recently reintroduced conditions in negotiati April 29, 2026

BMW M Sets 14th Straight Global Sales Record, Leads Korea’s Premium High-Performance Segment BMW’s high-performance brand BMW M set a global sales record for the 14th consecutive year, industry officials said. The brand also held onto the top spot in South Korea’s premium high-performance market, extending its position as a technology leader. According to the industry on Tuesday, BMW M sold 213,457 vehicles worldwide last year, up 3% from a year earlier. BMW M accounted for a record 9.8% of BMW’s total sales last year. BMW M’s best-selling model was the BMW X3 M50. Amo April 29, 2026

Hyundai Motor shifts robotics lab under AVP unit, steps up Nvidia physical AI push Hyundai Motor Group is reshuffling its organization to strengthen its competitiveness in physical artificial intelligence, while accelerating efforts to build a physical AI alliance with Nvidia. According to industry sources on April 29, Hyundai Motor will move its Robotics Lab — currently under the R&D division focused on vehicle hardware development — to the Advanced Vehicle Platform (AVP) division, which oversees future mobility technologies. The Robotics Lab will be led by Park M April 29, 2026

South Korea Forecast: Clouds in Central Regions; Rain Possible in Jeju and Parts of the South The Korea Meteorological Administration forecast that Thursday the central region will see intermittent clouds, with rain possible in some areas. In a briefing Wednesday, the agency said the central region will be “cloudy at times,” while the southern region and Jeju Island will be mostly overcast. It said rain is expected in parts of Jeju from noon to 6 p.m. From 3 p.m. to 6 p.m., rain is forecast in southern North Chungcheong Province and in parts of eastern Jeolla and the Gyeongsang r April 29, 2026

Justice Minister Jung Sung-ho Orders Panel to Review Prosecutors’ Human Rights Concerns Justice Minister Jung Sung-ho has instructed the Justice Ministry to set up a tentatively named “Prosecutors’ Human Rights Respect and Future Committee” to review cases that have sparked public suspicion of human rights violations or abuse of authority during prosecutorial investigations and indictments. The ministry said April 29 that Jung ordered the committee’s creation and explained the rationale. It said prosecutors established a human rights violation review task force at the Seoul April 29, 2026

South Korea Says It Is Consulting Iran on Korean Ships’ Passage Through Strait of Hormuz Cheong Wa Dae said Tuesday it is actively seeking ways to resolve navigation issues involving South Korean vessels in the Strait of Hormuz, including through consultations with the Iranian government. Senior presidential spokesperson Kang Yu-jung made the remarks at a briefing at the Chunchugwan press center, responding to a question about whether there had been progress for South Korean ships after reports that a Japanese tanker had made its first passage through the strait with Iranian April 29, 2026

Cafe24 PRO Launches Automated SMS and Kakao Friend Talk Messaging for Online Stores Global e-commerce platform Cafe24, led by CEO Lee Jae-seok, is offering an automated messaging service for SMS and Kakao Friend Talk through its premium operations support service, Cafe24 PRO. The service is designed to help online store operators more easily send marketing messages to customers, including promotions, new product launches and re-purchase campaigns. Previously, operators typically had to handle key steps themselves, such as setting recipient groups, writing copy, choosing April 29, 2026

KOSPI Hits Record 6,690.90 for Third Straight Session Despite OpenAI Jitters South Korean stocks pushed to fresh highs for a third straight session, shaking off overnight weakness on Wall Street tied to concerns about OpenAI and the pace of artificial intelligence growth. The benchmark KOSPI closed at 6,690.90, setting another all-time high, according to the financial investment industry on April 29. In the main board market, individual investors bought a net 167.4 billion won, and institutions were net buyers of 477.7 billion won. Foreign investors sold a net April 29, 2026

UCI MTB World Series Opens May 1 in Pyeongchang, First Asia Stop The 2026 WHOOP UCI Mountain Bike (MTB) World Series — Mona Yongpyong opens May 1. The event runs May 1-3 at Mona Yongpyong in Pyeongchang, Gangwon Province, as the official opening round of the 2026 season under the Union Cycliste Internationale (UCI) and Warner Bros. Discovery Sports (WBD) framework. It is the first time the MTB World Series, long centered on Europe and North America, has been held in Asia. The organizing committee said delegations and officials from about 40 countries, April 29, 2026

LG Electronics posts record first-quarter revenue; home appliances and auto parts top 10 trillion won LG Electronics said improving results in its core home appliance and vehicle components businesses pushed combined quarterly revenue from the two units above 10 trillion won for the first time. The company said it plans to sustain growth by focusing on future businesses such as data center cooling and commercialization of home robots. In a final earnings release on Tuesday, LG Electronics reported first-quarter operating profit of 1.6737 trillion won, up 32.9% from a year earlier. Revenu April 29, 2026