Press Releases
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APAC Automotive Performance Tuning and Engine Remapping Services Market to Grow at 7.4% CAGR, USD 8.69 billion by 2031
WILMINGTON, NEW CASTLE, DE, UNITED STATES, July 7, 2025 /EINPresswire.com/ -- According to the report published by Allied Market Research, the Asia-Pacific automotive performance tuning and engine remapping services market garnered $4.31 billion...

South Korea, Australia Agree to Bolster Ties
(MENAFN) South Korean Leader Lee Jae-myung and Australian Premier Anthony Albanese reached a mutual understanding on Thursday to deepen their partnership in military and essential mineral sectors, as reported by local media outlets. During a...

Apple Seeks South Korea’s Approval to Export Detailed Map Data
(MENAFN) Apple, the American smartphone giant, has formally requested South Korea’s government permission to export highly detailed map data beyond its borders, mirroring a recent application from Google, a local news reports. This marks Apple’s...

South Korea’s Fiscal Shortfall Climbs
(MENAFN) South Korea's budgetary gap expanded to over 46 trillion won (USD33.6 billion) throughout the initial four months of 2025, representing the third-largest deficit ever logged for the January-to-April stretch, according to a Thursday report...

South Korea Attempts to Mend Ties with North
(MENAFN) South Korea’s recently elected Leader, Lee Jae-myung, has decided to pause the anti-North Korea propaganda transmissions at the border, aiming to “rebuild trust” and alleviate strained relations. This move follows a period of deep...

South Korea’s Fiscal Deficit Sees Sharp Rise in Early 2025
(MENAFN) South Korea’s fiscal deficit climbed to more than 46 trillion won ($33.6 billion) during the first four months of 2025, marking the third-largest gap recorded for the January-April timeframe, according to a report from a Seoul-based news...

South Korea Posts Sharp Rise in Tax Revenue
(MENAFN) South Korea’s tax collections rose sharply in the first four months of 2025, driven by stronger corporate and income tax receipts, according to government figures released Thursday. From January through April, tax revenue reached 142.2...

South Korea, Vietnam Forge Stronger Ties Across Multiple Sectors
(MENAFN) South Korean President Lee Jae-myung and Vietnamese President Luong Cuong held a phone call on Thursday, during which they committed to strengthening bilateral relations by expanding collaboration across multiple sectors. According to a...

South Korea Stock Market Hits 3-Year Peak
(MENAFN) South Korea’s benchmark stock market index experienced a sharp upswing, reaching its highest point in over three years, largely fueled by robust performances in technology and automobile sectors. According to a news agency, the rally was...

South Korean Household Loans Soar for Fourth Straight Month
(MENAFN) Household borrowing from South Korean banks rose for the fourth consecutive month, driven by a robust appetite for mortgage loans, according to fresh data released Wednesday by the Bank of Korea (BOK). By the end of May, household debt...

South Korean Fighter Aircraft Crashes During Exercises in Alaska
(MENAFN) A South Korean KF-16 fighter jet sustained damage during joint air exercises with the United States in Alaska, according to a media report released on Wednesday, citing the South Korean military. The mishap took place during takeoff at...

South Korean Jet Gets Damaged in Alaska Drills
(MENAFN) A South Korean KF-16 combat aircraft sustained damage while engaging in joint aerial exercises with the United States in Alaska, according to a report by a news agency on Wednesday, which referenced South Korea’s armed forces. The mishap...

South Korea Reports Modest Exports Growth in Early June
(MENAFN) South Korea recorded modest export growth in the first 10 days of June, driven by robust global demand for semiconductors and automobiles, according to data released Wednesday by the Korea Customs Service. Between June 1 and June 10, the...

PONY AI Inc. and Dubai RTA Co-Reveal Robotaxi Introduction
NEW YORK, July 07, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, and Dubai's Roads and Transport Authority (RTA) recently held...

GEN Korean BBQ Expands Internationally with First South Korean Location
CERRITOS, Calif., June 16, 2025 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature “grill at your table”...

S. Korea’s Ousted Leader Faces Fresh Arrest Warrant
(MENAFN) A special counsel has moved to secure an arrest warrant for former South Korean President Yoon Suk Yeol, citing allegations connected to his brief declaration of martial law in December of last year, local media outlets reported on...

Australia, South Korea Call on Israel, Iran to Show Restraint
(MENAFN) Australia and South Korea stepped forward on Sunday, calling on Israel and Iran to halt further provocations amid renewed exchanges of attacks, local media revealed. Penny Wong, Australia’s Foreign Minister, emphasized the need for both...

Yoon Suk Yeol Faces Second Arrest Warrant Request
(MENAFN) A special prosecutor formally requested an arrest warrant on Sunday for South Korea’s ex-president, Yoon Suk Yeol, in connection with his brief declaration of martial law in December of last year, according to local media coverage. The...

S. Korea goes through unexpected wave of business shutdowns
(MENAFN) South Korea experienced an unprecedented wave of business closures in 2024, with over 1 million shop owners shutting down operations—a record high since statistics began in 1995, according to reports citing official data. A total of...

Foreign Investors Return to South Korean Stocks After Ten Months
(MENAFN) Foreign investors returned as net buyers of South Korean equities in May for the first time in 10 months, driven by optimism surrounding the new government, according to data released Thursday by the Financial Supervisory Service (FSS)....