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Reporter : Jason

SK Hynix Icheon M16 Aerial. Semiconductor stocks led Korea’s rally. (Photo courtesy of SK hynix Newsroom)

Korea - Sep 12, 2025 AM EDT - Jason

Fed Rate Cut Hopes Push Asian Stocks Higher; Korea's KOSPI Nears Record

Asian equities rallied on Friday, as growing expectations of a U.S. Federal Reserve rate cut fueled gains across the region. South Korea's KOSPI climbed nearly 0.9% in early trading, moving toward record levels, with semiconductor and technology firms leading the charge.

Hyundai (Courtesy of HMGMA - Hyundai Motor Group Metaplant America)

US - Sep 10, 2025 PM EDT - Jason

South Korea and U.S. Explore New Visa Category for Korean Workers After Georgia Plant Raid

The fallout from last week's immigration raid at a Hyundai-LG battery plant in Georgia continues to ripple through diplomatic and business circles. More than 300 South Korean workers were among the 475 people detained,

Hyundai (Courtesy of HMGMA - Hyundai Motor Group Metaplant America)

US - Sep 10, 2025 PM EDT - Jason

U.S. Immigration Raid at Hyundai–LG Georgia Plant: Repatriation Planned but Departure Still Unclear

Roughly 475 workers were detained during a large-scale immigration raid at a Hyundai-LG Energy Solution battery plant construction site in Georgia on September 4, more than 300 of them South Korean nationals. The South Korean government has prepared a charter flight to bring its citizens home, but the exact timing of the departure remains uncertain amid U.S. procedural delays.

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