AI Pick
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Hyundai Motor CEO Jose Munoz: 20 New Models in China, Full Electrified Lineup in Europe by 2027
Hyundai Motor said it will step up its push in global markets this year with an aggressive rollout of new vehicles, while strengthening so-called “physical AI” capabilities in areas such as autonomous driving and robotics to compete in future mobility. Jose Munoz, Hyundai Motor’s CEO, said in a CEO shareholder letter released on the 20th that the company will “aggressively launch global new models tailored to customer expectations.” For China, Munoz said Hyundai will follow a “in China,
March 20, 2026
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Hanwha Aerospace Hosts IISS Global Security Strategy Roundtable in Seoul
Hanwha Aerospace said Thursday it held a “Global Security Strategy Roundtable” with the International Institute for Strategic Studies, a global think tank, to discuss key international issues. The event was held Wednesday at Hanwha Building in Janggyo-dong, Seoul. Attendees included Hanwha Aerospace CEO Son Jae-il and senior executives from Hanwha Systems and Hanwha Ocean, the group’s three defense companies. The IISS delegation included Director-General Bastian Giegerich; Senior Adviser
March 20, 2026
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Jeju Air Marks 17 Years of International Flights, Averaging 27.5% Annual Growth
Jeju Air said Thursday it has marked the 17th anniversary of its international service, reporting 62.85 million cumulative international passengers and average annual growth of 27.5%. The airline began scheduled international flights on March 20, 2009, launching the Incheon-Osaka route as South Korea’s first low-cost carrier to operate a regular international service. After about 159,000 passengers in its first year, Jeju Air expanded steadily. In 2012, it carried about 1.19 million inte
March 20, 2026
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Toss Bank Launches Companywide Hiring Push to Boost Data, Tech Capabilities
Toss Bank said on the 20th it will carry out a large-scale hiring drive this year across all job groups. Openings span product planning and design, business, engineering, data, security and corporate support, with plans to recruit talent for more than 60 positions across the company. The bank will also operate a “special recruitment talent pool for veterans” to expand career opportunities for people eligible for veterans benefits who have served the country. The hiring process will proce
March 20, 2026
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Mercedes-Benz Korea Expands Airport Vehicle Care Service to Gimpo International Airport
Mercedes-Benz Korea said on the 20th it is expanding its premium vehicle storage and care program, “Mercedes-Benz Airport Service,” from Incheon International Airport to Gimpo International Airport for customers traveling by air. Under the program, customers drop off their vehicles at a designated location before departure. The company stores the vehicles in an indoor parking facility and, if requested, provides inspection and care services. Vehicles are returned to customers according to
March 20, 2026
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David Golf’s Advancer Line Sells Out as Demand Surges for Key Models
David Golf said golfers have shown strong interest in its Advancer lineup, with some models selling out shortly after release. The company said the Advancer No. 3 fairway wood sold out quickly in February, and the Advancer Max driver in the 9-degree model has also exhausted its initial supply, underscoring demand. On-course feedback has been clear, the company said, with golfers saying forgiveness and distance have improved noticeably. The lineup is being credited with reducing pressure
March 20, 2026
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T’way Air Says Incheon-Saga Route Hit 95% Load Factor in Jan.-Feb., Up 12 Points
T’way Air said Friday that its Incheon-to-Saga route in Japan, which it operates exclusively, posted a 95% load factor in January and February. That was up 12 percentage points from 83% a year earlier. The airline said bookings for March and April were running at about 87%. The Incheon-Saga service operates four times a week (Monday, Wednesday, Friday and Sunday), departing Incheon International Airport at about 8:10 a.m. and arriving at Saga Airport on Japan’s Kyushu island at about 9:
March 20, 2026
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Korea Bank Loan Delinquency Rate Rises to 0.56% in January as Bad-Debt Cleanup Slows
Domestic banks’ loan delinquency rate edged up at the start of the year, the financial watchdog said. According to the Financial Supervisory Service’s preliminary report released on the 20th on won-denominated loan delinquencies at domestic banks, the delinquency rate at the end of January — based on principal and interest overdue by at least one month — stood at 0.56%, up 0.06 percentage point from 0.5% a month earlier. The increase reflected a rise in newly delinquent loans and a drop
March 20, 2026
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Hyundai Motor Group Showcases Hydrogen Mobility at Tokyo Hydrogen and Fuel Cell Expo 2026
Hyundai Motor Group said it took part in the International Hydrogen & Fuel Cell Expo 2026, held March 17-19 at Tokyo Big Sight, where it showcased hydrogen mobility. The expo is a major trade show for the hydrogen and fuel-cell industries, featuring the latest technologies and business trends. About 330 companies participated this year, and about 70,000 people visited, the company said. Hyundai Motor Group built its booth around HTWO, its hydrogen brand and business platform. It prese
March 20, 2026
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L&F Nears 60% Share of Korea’s NCM Cathode Exports, Sees Q1 Results Improving
L&F said Friday it expects to enter a full-fledged earnings recovery starting in the first quarter, after posting an “earnings surprise” in the fourth quarter last year. The company said growth in shipments centered on high-nickel cathode materials, inventory valuation gains from rising lithium prices and steady demand from key customers are expected to keep results above market expectations. Even as demand in the electric-vehicle market slows, L&F said exports of NCM (nickel-cobalt-manga
March 20, 2026