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Korea cuts fuel price ceilings as Middle East tensions ease, crude prices retreat
The government lowered caps on gasoline, diesel and kerosene for four weeks starting Saturday while keeping the emergency pricing system in place to help contain inflation.
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Hyundai Motor unveils revamped Avante sedan at Busan mobility show
The redesigned compact sedan debuted at the Busan mobility show with updated styling, new safety technology and an AI-powered infotainment system.
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Used vessels cost more than newbuilds, raising hopes for shipbuilding supercycle
The Middle East conflict and supply shortages are pushing secondhand vessel prices above those of newbuilds. While some in the industry hope that this reversal will lead to a repeat of the 2007 shipbuilding supercycle, others remain skeptical that it will widen into an all-vessel boom.
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Korea falls back on homegrown AI after White House bans Mythos exports
Seoul — which had seen the ban coming — is accelerating domestic cybersecurity and sovereign AI projects to cut reliance on foreign models, especially for public services and national security.
