Author: Seoul Reporter

HD Hyundai Electric strengthens its dominance in the North American power infrastructure market amid surging investments. The company focuses efforts on major expansion projects, particularly the construction of the largest high-voltage direct current (HVDC) converter station in the United States. Record-Breaking Performance at Alabama Facility The North American plant generated sales of 1.6149 trillion won last year, alongside orders worth $2.178 billion (approximately 3.217 trillion won). These figures mark substantial growth from 2021, with sales surging 379% and operating profit climbing 458%. Buoyed by robust North American operations, HD Hyundai Electric achieved its highest-ever annual results: total sales of 4.795…

U.S. presidential candidate Donald Trump declared on April 21, two weeks before the election, that direct negotiations with Iran could yield a “tremendous deal” or prompt a decisive military response if they collapse.Trump’s CNBC Interview HighlightsDuring an appearance on CNBC’s Squawk Box, Trump addressed the upcoming second round of direct U.S.-Iran talks, stating that Iranian leaders “have no intention of sanctions.” He criticized past efforts, noting, “Uranium enriched them, yet they controlled the extremists.”Trump added, “Even if they claim to control their extremists to appear honest, the extremists today act even more aggressively.” He emphasized a moral and legal imperative:…

Wall Street indices kicked off the trading day with gains, driven by growing expectations for the second round of ceasefire negotiations between the United States and Iran.The Dow Jones Industrial Average jumped 284.27 points, or 0.57%, to 49,726.83 as of 9:45 a.m. ET. The S&P 500 climbed 10.84 points, or 0.15%, settling at 7,119.98. Meanwhile, the Nasdaq Composite advanced 22.36 points, or 0.09%, reaching 24,426.76.Geopolitical Tensions Drive Market SentimentInvestors closely monitor the outcome of the US-Iran discussions, which carry significant implications for regional stability and global markets. Optimism over potential progress has fueled the early uptick across major benchmarks.Trump Weighs…

Doosan Bears secured a convincing 6-2 victory over the Lotte Giants at Busan Sajik Baseball Stadium, extending their winning streak to three games while handing Lotte a fourth consecutive loss. Ben Jammin’s Impressive Pitching Display Doosan’s ace starter Ben Jammin delivered a standout performance, overwhelming Lotte’s lineup with precise command and electric stuff to claim the win. Planned for around 75 pitches, he efficiently navigated deep into the game, striking out key batters and inducing weak contact. In the first inning, Jammin struck out two after a leadoff single, escaping unscathed. The second featured a double-play ball and a sacrifice…

Rayonier Inc. (NYSE: RYN) Executive Vice President and Chief Financial Officer Wayne Wasechek sold 2,920 shares of company stock on April 20, 2026, for a total value of $61,816. The transaction occurred at an average price of $21.17 per share, with individual trades ranging from $21.07 to $21.32.Transaction DetailsThis sale follows a pre-arranged Rule 10b5-1 trading plan that Wasechek adopted on August 1, 2024. The purpose involves satisfying tax withholding obligations arising from the vesting of restricted stock units (RSUs) and performance shares. Following the transaction, Wasechek retains direct ownership of 115,530 shares.Stock Performance and ValuationRayonier shares currently trade at…

Analysts have lifted the price target for Crocs Inc. (NASDAQ: CROX) to $132 from $118, signaling growing confidence in the footwear maker’s recovery. The stock boasts the highest analyst coverage ratio among major peers and has surged 45% since March 20, far outpacing the S&P 500’s 10% gain. Brand Fundamentals Strengthen Recent evaluations highlight the stabilization of Crocs’ brand fundamentals. Projections point to earnings per share (EPS) reaching around $8 for fiscal 2026. Fair value estimates place the stock at approximately $156, positioning it as undervalued compared to peers. Upcoming Earnings and Track Record Crocs plans to release first-quarter results…

On the 18th, the radiology team from Bupyeong Himchan Hospital visited Seong-eon House, a key elderly welfare center, to deliver hands-on volunteer support for local seniors.Part of Love Relay InitiativeThis outreach aligns with the Love Relay Volunteer program, coordinated by community organizations in the Incheon area. The center routinely offers essential services such as free meals, lunchbox deliveries, elderly care programs, and home nursing to enhance seniors’ daily lives.Practical Assistance and Community EngagementTeam members focused on improving the facility’s hygiene by cleaning the free meal kitchen, washing dishes, and organizing surrounding spaces. These efforts ensure a more comfortable environment for…

Authorities charged the chairman of Seoul City Hall’s labor union with fraud and illicit brokering after he allegedly pocketed 35 million won ($25,000) from two victims.Details of the SchemeFrom February to early September 2023, the union leader promised the victims a status change to returning public servant positions within his organization. In exchange, he collected a total of 35 million won from them.Investigators uncovered evidence of the backroom payments and conducted raids on the returning public servants’ union office and related sites in January.Victim Complaints and Chairman’s DefenseThe victims filed charges after the promised job arrangements failed to materialize. The…

Apple (NASDAQ:AAPL) shares have received a reconfirmed ‘Buy’ rating from Melius Research, along with a $350 price target—the highest among analysts—following the firm’s comprehensive Leaderboard report released on September 1, 2026.Leadership Shifts at AppleTim Cook, who has served as CEO for 15 years, plans to step down on September 1, 2026, transitioning to chairman of the board. John Ternus, current senior vice president of hardware engineering, will succeed him as CEO. Ternus has dedicated 25 years to Apple.In a key promotion, Apple elevates Johnny Srouji to the top hardware executive role. Srouji oversees the company’s custom silicon design, driving innovations…

BLACKPINK member Jisoo’s agency has firmly distanced itself from her older brother amid allegations of sexual misconduct, but suspicions linger as traces linking him to her projects disappear.Sexual Harassment Probe Involves StreamerGangnam police prosecuted a male streamer identified as Mr. A on April 15 for proxy sexual harassment. Authorities charged him after he allegedly made inappropriate sexual comments toward a female broadcaster (BJ) during a live stream.Following the incident, the individual known as ‘Haedang Inmul’ contacted Jisoo’s agency to discuss potential connections to the case. On April 20, the agency issued a public statement declaring, “Regarding Haedang Inmul’s incident, we…