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Chinese tourists opt for visa-free destinations, weak yen as South Korea s appeal wanes

During China s Golden Week holiday, Korea is expected to see a decline in Chinese tourist numbers compared to pre-pandemic levels, travel agents said, as Chinese holidaymakers are increasingly favoring visa-free destinations and neighboring Japan, enticed by a weakened yen.

Rising demand spurs local governments to build more crematoriums

Local governments are intensifying efforts to establish crematoriums, a plan that has frequently faced strong opposition from residents in the past.

Hyundai expands hydrogen EV truck business in US

Hyundai Motor is moving to diversify its eco-friendly mobility business portfolio in the United States by initiating its hydrogen-powered fuel cell electric truck project in California, the automaker said Friday.

Hankook Tire takes over control of Hanon Systems

Hankook Tire and Technology on Friday reached a deal to buy a controlling stake in Hanon Systems Corp., the world s second-largest heat pump systems maker for automobiles, for 1.73 trillion won ($1.27 billion).

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