Hyundai Group Chairwoman emphasizes communication and trust at new employee ceremony Hyundai Group Chairwoman Hyun Jeong-eun attended a new employee training completion ceremony, emphasizing the importance of communication and trust among colleagues while encouraging the new managers who will lead the group's future.On July 24, Hyundai Group held the completion ceremony for the '2026 First Half Group New Manager Orientation Training' at the H-Stadium in its headquarters in Yeonji-dong, Seoul, as announced on July 26.The ceremony featured presentations by new managers on their tr July 26, 2026

HD Hyundai Samho Secures Port Crane Order in Tacoma, USA HD Hyundai Samho is advancing the Korea-U.S. shipbuilding cooperation project, known as MASGA, through its port crane business in the United States.On July 26, HD Hyundai announced that it has signed a contract to supply four port cranes to Washington United Terminals (WUT).This supply contract is part of a terminal modernization project aimed at replacing aging cranes at WUT, a U.S. subsidiary of South Korea's largest shipping company, HMM, and expanding the capacity for large container ships.C July 26, 2026

SK hynix Reinvents Cheongju's Role in HBM Production SK hynix is positioning its Cheongju production site as a key hub for artificial intelligence (AI) memory's front-end and back-end processes. Once primarily focused on NAND production, Cheongju is being transformed into a center for high-bandwidth memory (HBM) with the introduction of M15X and P&T7. This investment marks a clearer strategy for SK hynix's production facilities.According to industry sources on July 23, SK hynix's board of directors approved a facility investment of 7.931 trillion July 26, 2026

President Yoon Suk Yeol Looks Forward to Meeting with Argentina's President President Yoon Suk Yeol expressed hope for a collaborative future with Argentina ahead of his visit to the country. On July 25, local time, he reached out to President Javier Milei, stating, "I hope our two countries can work together toward a new future of shared prosperity."In a post on X (formerly Twitter), Yoon tagged President Milei and noted, "Korea and Argentina have much to do together." The post included a video where Milei discussed the wealth gap between North and South.Yoon added, "I July 26, 2026

Government Plans to Increase Property Tax Burden on High-Value Homes The government is moving to increase the property tax burden on high-value single homes. Plans are being considered to shift the comprehensive real estate tax system from a focus on the number of homes to the value of the properties, with a tiered tax burden based on housing prices.According to data from the National Tax Service on July 26, the total amount of tax deductions for individual comprehensive real estate taxes applied to homes valued over 2 billion won for the 2025 tax year increased July 26, 2026

KT Secures 22 AI Transformation Projects in Financial Sector KT has accelerated its push into artificial intelligence (AI) by securing approximately 22 AI transformation (AX) projects in the financial sector this year. As companies increasingly demonstrate tangible management results from AI adoption, KT is leveraging its experience in financial AX implementation to promote 'AI that delivers financial performance.'On July 23, KT held a 'Financial AX Study' at the Four Seasons Hotel in Gwanghwamun, Seoul, where it presented its AI business strategy and key July 26, 2026

UNESCO Center Director Assures Japan Will Implement Sado Mine Decision On July 24, Lazar Eloundou Assomo, Director of the UNESCO World Heritage Centre, expressed confidence that Japan will effectively implement the World Heritage Committee's decision to comprehensively present the entire history of the Sado Mine. This statement was made during an interview with reporters at the 48th World Heritage Committee meeting in Busan.The committee previously recommended that Japan address the entire history of the Sado Mine's development and improve its interpretation, exhib July 26, 2026

President Lee Proposes U.S.-Korea Startup Alliance, Signs MOU with Six VCs President Lee Jae-myung proposed on July 25 that South Korea and the United States expand their cooperation beyond security to include technology, innovation, and startups during a meeting with leading venture capitalists in San Francisco. The National Pension Service signed a memorandum of understanding (MOU) with six major Silicon Valley VCs to establish a framework for supporting domestic startups in attracting overseas investment.At the 'Silicon Valley Venture Investment Meetup' held at a ho July 26, 2026

President Lee: South Korea Will Care for Its Overseas Citizens 이재명 대통령은 25일(현지시간) “이제 동포 여러분이 조국을 걱정하는 것이 아니라 조국이 동포 여러분을 걱정하는 대한민국을 만들겠다”고 밝혔다. 이 대통령과 김혜경 여사는 이날 미국 샌프란시스코를 비롯한 서부지역 동포 200명을 초청해 오찬 간담회를 열고 동포사회의 건의 사항을 청취했다. 강유정 청와대 수석대변인의 서면 브리핑에 따르면 행사에는 샌프란시스코·베이 지역 한인회와 실리콘밸리한인회 등 주요 동포단체 관계자, 민주평화통일자문회의 자문위원, 종교·예술·교육계 인사 July 26, 2026

President Yoon Calls for Stronger Korea-South America Ties in Key Minerals and Manufacturing President Yoon Suk Yeol stated on July 25 that the relationship between South Korea and South America is entering a "new phase," emphasizing the need to resume trade agreement negotiations with Mercosur and strengthen cooperation in key minerals for the AI era.During his visit to the United States and three South American countries (Brazil, Chile, and Argentina), Yoon made these remarks in a written interview with Spain's EFE news agency, aimed at informing South American citizens about the purp July 26, 2026