North Korea is more erratic than ever, but South Korea is in no rush for US missile defense

That’s because the American hardware carries emotional political baggage for South Koreans, Jenna Gibson, director of communications at the Korea Economic Institute of America, wrote in a note published this week by the Center for Strategic and International...

Hyundai saw its net profit slashed, and it has the US and China to blame

Hyundai Motor’s bleak results stretched into a 14th straight quarter as political headwinds continued to drag down sales in China, its biggest market, and higher incentives failed to boost business in the United States. The South Korean firm — which...

Daimler reports booming sales of Mercedes-Benz cars thanks to 28% rise in demand from China

Daimler’s second-quarter operating profit rose 15 percent, below expectations, despite booming sales of the new Mercedes-Benz cars helping to lift margins in the autos business to 10.2 percent. Daimler’s group earnings before interest and taxes rose to...