Hyundai announces new $21 billion investment in US manufacturing
South Korean auto giant Hyundai on Monday announced a multi-billion-dollar investment in the United States, including a new $5.8 billion steel plant. The plant, which will be based in the US state of Louisiana, “will create 1,300 American jobs,” Hyundai executive chairman Euisun Chung told reporters at a White House event alongside President Donald Trump. […]
Most Asian markets track Wall St on tariff hope
Equities mostly rose in Asia on Tuesday, extending Wall Street’s rally on easing fears over Donald Trump’s planned tariffs, while traders were also looking ahead to the release of key US inflation data. A surge in tech giants including Tesla and Nvidia helped New York markets higher, with sentiment buoyed by indications from the White […]
Samsung TV pioneer Han Jong-hee dead at 63
Samsung Electronics co-CEO Han Jong-hee, credited with boosting the South Korean tech giant’s television business on the global stage, died of a heart attack Tuesday aged 63, the company told AFP. “He died from cardiac arrest today,” a Samsung spokesperson said, adding that Han was survived by his wife and three children. Han joined Samsung […]
