Bank of America will acquire a 49.9% stake in Jio Financial's subsidiary for approximately $1.9 billion.

Governor of the Bank of Korea Rhee Chang-yong: The Korean won is highly resilient and is well-prepared to cope with various shocks

According to Yonhap News Agency, US President Trump’s financial disclosure shows that he traded shares of the e-commerce giant Coupang Inc. twice in June through a funds manager. Meanwhile, tensions remain between the US and South Korea over South Korean regulatory handling of a large-scale data breach involving this US-listed e-commerce giant. In July, the US House Judiciary Committee released an interim staff report accusing the South Korean government of “discriminatory attacks” against Coup

Under the pressure from U.S. tariff policies, General Motors has reached an agreement with unions to invest 1.1 billion Canadian dollars in its car manufacturing plants in Canada. This investment plan is an important move by relevant companies to adjust production capacity allocation and ensure the stability of the North American supply chain under tariff pressures. It is expected that the funds will be used for production line upgrades, adaptation of new technologies, and other related project

Guang Lu-jeong, CEO of SK Hynix, recently stated that the company is open to further investment in the US semiconductor industry and predicted that the global memory chip shortage will continue until the end of 2030. “We are always open to more investment, but no decisions have been made at this point,” said Guang Lu-jeong. He noted that SK Hynix is searching globally for potential locations that can meet its R&D and testing needs, emphasizing that electricity, water resources, and government i