Shinhan Life, the life insurance arm of Shinhan Financial Group, has partnered with US-based asset management firm Apollo Global Management. The South Korean insurer announced Monday that the two firms signed a memorandum of understanding to enhance Shinhan Life's asset management capabilities and secure diverse investment opportunities using Apollo's specialized investment platform and advisory services while bolstering Apollo's presence in Korea. The partnership will include a

Hyundai Motor Group Executive Chair Chung Euisun (left) greets Toyota Motor Corp. Chairman Akio Toyoda Sunday at the Toyota Gazoo Racing Service Park in Nagoya as the final round of the World Rally Championship, FORUM8 Rally Japan 2024, concludes. Thierry Neuville and co-driver Martijn Wydaeghe of the Hyundai World Rally Team won the season’s drivers’ and co-drivers’ championships, a first for Hyundai since its WRC debut in 2014. The event, held on the challenging tarmac stages

From Friday to Christmas Day, Legoland Korea Resort -- a theme park in Chuncheon, Gangwon Province -- will be holding its seasonal winter festival, “Merry Brickmas.” The event features musical performances, lighting ceremonies for a 9-meter Lego Christmas tree, special quests for visitors, and the new Holiday Snow Play and Bricktopia Lounge attractions. Musical shows featuring Legoland mascots Mike and Amy will take place twice a day at 12:30 p.m. and 4 p.m. at Ninjago Theater, while

Industrial Bank of Korea Chairman and CEO Kim Sung-tae (right) and Kato Masahiko, president and CEO of Japan's Mizuho Bank, pose for a photo during a memorandum of understanding signing ceremony in Jung-gu, Seoul, Tuesday. Under the agreement, IBK and Mizuho will collaborate on foreign currency procurement, investment banking projects and support for overseas business of bilateral startups. “We hope this partnership will strengthen cooperation, marking the 60th anniversary of the trea

Hyundai Motor on Sunday presented a racing car version of its high-performance sedan, the Avante N, based on its years of experience with the Touring Car Racing World Tour. The Avante N TCR has upgraded auto parts, including a carbon swan-neck spoiler with adjustable angles and 19-inch forged wheels, which are maintain high strength at a likght weight. It also features blue – the symbolic color of the N brand – in the steering wheel and first-row seat belts. Slated for debut in Kor

Hanjin Logistics Corp. President and Chief Marketing Officer Emily Cho introduces the company's new smart logistics technologies, including drone inventory management and smart glasses for workers, at the Hanjin Southern Seoul Integrated Logistics Center in Seoul on Wednesday. By leveraging these smart devices, Hanjin said it aims to increase logistics efficiency, strengthen customer data security and lead innovation in logistics management. (Hanjin Logistics Corp.)

An SK Road sign is posted in Ivancsa, a Hungarian industrial village, in recognition of Korena battery-maker SK On's economic contributions to the region. The newly designated road stretches approximately 1.8 kilometers, connecting the Ivancsa industrial park to SK On’s electric vehicle battery manufacturing plant. SK On has also donated 15 million forints ($39,000) to local communities to help improve the urban environment, upgrade school facilities, revitalize local events and provi

CANADA NAVY VISITS HYUNDAI SHIPYARD Canada’s top naval officer, Vice-Admiral Angus Topshee (center), visited HD Hyundai Heavy Industries' Ulsan headquarters Tuesday as Canada ramps up efforts to strengthen its submarine fleet. Canada’s new Canadian Patrol Submarine Project envisions acquiring up to a dozen 3,000-ton submarines, and Hyundai’s advanced shipyard facilities are being closely considered as a potential partner. During his visit, Topshee toured Hyundai’s pr

LG Electronics on Monday unveiled its new Digital Cockpit concept involving modular systems for ultimate customization. The Digital Cockpit gamma, the third-generation concept of the appliance giant's future mobility, features OLED displays, artificial intelligence and 5G technologies. (LG Electronics)

Kia is bringing the excitement of "Squid Game" Season 2 to its new Sportage launch with an interactive campaign. A teaser video released last Thursday has revealed the Sportage alongside iconic pink guards of "Squid Game," while a special pop-up showroom in Seoul from Nov. 15 to 24 lets fans dive into the experience firsthand. Visitors can join a scavenger hunt, explore themed rooms and get hands-on with the SUV. (Kia)

A screen shows bitcoin trading at over $80,000 at local crypto exchange Upbit's headquarters in southern Seoul, Monday morning. The price of bitcoin hit an all-time high, marking a nearly 17 percent rise over the past week. Bitcoin traded as high as $81,784 on Upbit, as of press time. The recent surge was largely driven by US President-elect Donald Trump's victory, after he stressed his will to ease crypto-related regulations. (Lim Se-jun/The Korea Herald).

Hana Financial Group Chair Ham Young-joo (fourth from left) and other company executives join a "gimjang" or kimchi-making event at the group's headquarters in Seoul on Monday as part of the 2024 Modu Hana Day campaign. Some 300 people, including representatives of Hana's partner firms, participated in the annual event to donate 11,111 heads of kimchi to disadvantaged households. (Hana Financial Group)

An exhibition reflecting on Kia's 80-year heritage, "From Moments to Movement" kicked off Thursday at its brand store in southern Seoul. The exhibition features iconic Kia historical car models, including the Sportage sport utility vehicle and Pride compact vehicle, alongside its latest innovations like the EV9 and EV3 electric vehicles. (Kia)

Hanwha Group Vice Chairman Kim Dong-kwan (right) met with Prince Abdullah bin Bandar bin Abdulazia Al Saud, the defense minister of Saudi Arabia, in a hotel in Seoul on Monday to reaffirm their commitment to a defense partnership. During the meeting, Hanwha vowed to provide advanced defense systems, as part of the Saudi Arabian government’s Vision 2030 initiative that seeks to localize more than 50 percent of its military procurement by 2030. This is the second meeting for the Hanwha heir

SK Group Chairman Chey Tae-won delivers his closing remarks during the 2024 CEO Seminar held at SKMS Research Institute in Icheon, Gyeonggi Province, on Saturday. Some 30 top executives across SK companies participated in the three-day annual event. The SK chief stressed to spur growth centering on artificial intelligence amid the ongoing efforts for portfolio rebalancing and operational improvements. (SK Group)

Korean automaker Kia said Thursday that it has donated a 2025 Carnival, the automaker's latest edition of its signature nine-seat minivan, to the parents of quintuplets in Dongducheon, Gyeonggi Province. The quintuplets -- two girls and three boys -- were born Sept. 20. The automaker also donated 30 million won ($21,800) to the city of Dongducheon to support households with more than one child, as the country struggles with a low birth rate. (Hyundai Motor Group)

Mercedes-Benz Korea CEO Mathias Vaitl (right) and Kim Nam-kyun, president of the Korea Electrotechnology Research Institute, pose for a photo during a signing ceremony for a memorandum of understanding in Seoul on Tuesday, during which the two agreed to set up a joint research center on EV charging systems, called the Global Interoperability Test Center. “As the electric vehicle market continues to evolve, expanding charging infrastructure and creating a standardized testing environment ar