Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Thailand Inflation Remains Negative for 10th Straight Month in January 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Hyundai Motor and SK E&S Co. Ltd. recently participated in the Hydrogen & Fuel Cell Seminar (HFCS) which is the largest event in the hydrogen business in North America. With their participation, the South Korean companies reaffirmed their intention to enter the hydrogen market in the U.S.
An official said that Hyundai Motor and SK E&S want to infiltrate this market better. South Korea’s Ministry of Trade, Industry and Energy also said it took part in the seminar that was held from Feb. 7 to Feb. 9 in Long Beach, California, as a guest of honor.
The event was organized by the Fuel Cell & Hydrogen Energy Association (FCHEA) and has the support of the U.S. government. In any case, the Ministry of Trade also held a public-private joint investment briefing session at the seminar.
The Korea Times reported that the event is a business venue where over 70 companies and organizations from around the world come together to talk about the global issues related to the hydrogen industry. There is also an exhibit for the latest technologies developed by the participating firms.
Korea's MOTIE revealed its plans of building the largest liquefied hydrogen plant in the world. It is aiming to set up the facility in the country this year to supply commercial hydrogen vehicles.
At the event, Hyundai Motor also showcased its Xcient Fuel Cell truck and shared its plan to develop the hydrogen commercial vehicle business in North America. SK E&S unveiled its plan to add more regions to expand its Asian market by launching its SK Plug Hyverse which is a joint venture with Plug Power and Korea Zinc. The company revealed it has a green hydrogen value chain construction project in Australia.
“Hyundai Motor Group plans to pursue hydrogen-related business opportunities encompassing the whole hydrogen value chain, including production, reform and carbon capture utilization and storage (CCUS) as well as storage, transportation and utilization,” Hyundai said in a press release.
The automaker added, “In support of the plan, the Group aims to establish its ‘Waste-to-energy’ hydrogen production system by actively utilizing biogas extracted from organic waste and contributing to advancing an eco-friendly hydrogen ecosystem through not only mobility, but also diversified hydrogen applications.”
