Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Hyundai Motor Co. and Kia Corp. sold a combined 174,043 cars in the US market in May to surpass Ford Motor Co., which sold 13,523 units, for the first time since they entered the market 35 years ago.
The two automaking units of South Korea’s Hyundai Motor Group extended their record monthly sales to the third straight month.
With the May sales data, Hyundai and Kia are now the fifth best-selling car brands in the US market following GM, Ford, Toyota, and Honda.
Hyundai Motor Group posted decent growth in recent months, driven by strong SUV and luxury model sales under its premium brand of Genesis.
Analysts said Hyundai’s stronger sales than Ford was due to the South Korean companies’ skillful management of auto component inventories, including automotive chips.
Ford suspended or drastically reduced auto production at its US plants in the past two months due to chip shortage, resulting in its sales dropping from 213,300 units in March to 197,063 cars in April and 160,052 units in May.
By contrast, Hyundai and Kia’s sales in the US jumped from 144,923 units in March to 150,994 units in April and 174,043 cars in May.
