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The Korea Herald

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Korea proposes Hyundai-led W3.4tr hydrogen project for Canada submarine bid

Korea has pitched a 3.4 trillion won ($2.2 billion) hydrogen truck investment package led by Hyundai Motor Group to the Canadian government as part of its bid to secure the country’s next-generation submarine contract. In an interview with Canada-based broadcaster CTV News on Wednesday, Chief Presidential Secretary Kang Hoon-sik revealed details of the initiative, dubbed “Project Beaver,” which aims to establish a hydrogen mobility ecosystem in Canada using technology developed by Hyundai Motor

The Korea Herald

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Canada, Korea deepen industry partnership with potential CA$100 billion economic impact

South Korea and Canada are expanding cooperation in energy security, critical minerals, strategic industries and supply chain resilience, a move that could generate more than 100 billion Canadian dollars ($71.91 billion) in economic impact for Canada while supporting tens of thousands of jobs. The expanded partnership was announced Tuesday following a meeting between Canada's Minister of Energy and Natural Resources Tim Hodgson and South Korea's Chief of Staff to the President and Special Envoy

The Korea Herald

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TWS sings for Korean World Cup team

TWS is unveiling a song for Korea’s national soccer team participating in the FIFA World Cup 2026, according to agency Pledis Entertainment on Friday. The boy group will sing “Dream With Us” to root for the squad competing in the global match taking place in Canada, Mexico and the US from June 11-19. The upbeat fight song was played for the first time on Thursday at the final friendly match between El Salvador and Korea, held in Salt Lake City. It is officially scheduled for release on June 11.

The Korea Herald

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World Cup final rosters set as 1,248 players prepare for expanded tournament

The 2026 FIFA World Cup, to be co-hosted by the United States, Mexico and Canada, is accelerating preparations after finalizing rosters totaling 1,248 players from 48 nations. With the tournament expanded from 32 teams to 48, the number of matches has increased to 104, bringing significantly more countries and players to soccer's biggest stage. Global stars are among those heading to North America. FIFA announced Tuesday that all participating nations had submitted their final rosters, confirmin

The Korea Herald

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Korea to triple oil imports, secure more LNG from Canada amid energy shock

South Korea and Canada have agreed to deepen their partnership in energy and critical minerals as war in Iran and disruptions in the Strait of Hormuz reshape global supply chains. Under the agreement, Seoul plans to more than triple Canadian crude oil imports while securing additional LNG supplies through expanded investment in Canadian LNG projects. The agreement was reached Tuesday at a Korea-Canada forum on energy, resources and supply-chain cooperation in Ottawa, jointly hosted by South Kore

The Korea Herald

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Cortis announces 1st tour

Cortis is set to launch its first international tour this summer, label Big Hit Music announced Tuesday. The group kicks off its “Put Your Phone Down” tour with two shows in Incheon on July 18-19. In the following month, Cortis will visit six cities across Canada and the US, including Toronto, New York and Los Angeles. The group is scheduled to perform in Seoul on Aug. 22-23, which will also mark its debut anniversary, before wrapping up the tour with three shows in Yokohama, Japan. Before the N

The Korea Herald

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S. Korea, Canada discuss stronger space, defense cooperation amid submarine bidding race

South Korea and Canada have discussed deeper partnership in advanced industries, including space and defense, Seoul's industry ministry said Tuesday, as the country is making last-minute efforts to win Canada's submarine project. The Ministry of Trade, Industry and Resources and the Korea Trade-Investment Promotion Agency jointly hosted a business roundtable in Toronto on Monday to promote cooperation between Korean and Canadian companies. The event was attended by presidential chief of staff Ka

The Korea Herald

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Lee’s chief of staff visits Canada as submarine bid nears decision

Seoul is intensifying joint public-private efforts behind its bid for Canada’s next-generation submarine project, with presidential chief of staff Kang Hoon-sik traveling to Canada as a special envoy. Kang said Sunday he was leaving for Canada as President Lee Jae Myung’s special envoy for strategic economic cooperation. The delegation includes officials from the Ministry of Trade, Energy and Resource and Foreign Ministry, along with companies and industry groups in energy, resources, supply cha

The Korea Herald

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Mirae Asset's global ETF assets top W400tr

Mirae Asset Global Investments said Monday that assets under management across its global exchange-traded fund platform surpassed 400 trillion won ($264 billion), underscoring the rapid growth of its ETF business in Korea and overseas markets. As of the end of May, the asset manager oversaw about 421 trillion won in ETF assets across 13 markets, including Australia, Canada, Korea and the US. According to industry tracker ETFGI, the figure ranks Mirae Asset as the world's 12th-largest ETF manager

The Korea Herald

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Presidential chief of staff departs for Canada ahead of submarine deal

Kang Hoon-sik, chief of staff for President Lee Jae Myung, flew to Canada on Sunday as a special envoy of the president. Kang said via Facebook just before his departure from Seoul that his trip to Canada is intended to expand strategic cooperation between the two countries in the field of energy, resources, supply chain and advanced technologies. He added that he was leading a delegation of the Lee administration, comprising officials from the Industry Ministry and Foreign Ministry, as well as

The Korea Herald

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Hanwha Ocean highlights potential $68b GDP impact in Canada submarine bid

Hanwha Ocean is advancing its efforts to win a 60 trillion won ($39.8 billion) submarine bid from Canada, proposing an ambitious plan to boost the Canadian economy at CANSEC 2026, the country’s largest defense and security trade show. During the event — held from Wednesday to Thursday — the company engaged with Canadian government officials and industry leaders, emphasizing that it could generate more than 22,500 jobs and contribute 94 billion Canadian dollars ($68 billion) in GDP impact if it i

The Korea Herald

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Korean cellist Kim Tae-yeon claims second prize at Queen Elisabeth Competition

Korean cellist Kim Tae-yeon won second prize in the cello division of the 2026 Queen Elisabeth Competition, which concluded Saturday in Brussels, according to the Kumho Cultural Foundation on Sunday. Kim will receive a cash prize of 20,000 euros ($23,300). First prize was awarded to Ettore Pagano of Italy, while Leland Ko of the US and Canada took third place. The 2026 competition, dedicated to the cello, was open to cellists ages 18 to 30. Out of 185 applicants worldwide, 64 advanced from video

The Korea Herald

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Korea races toward top-five exporter club: Industry Minister

South Korea is on track to become one of the world’s top five exporters this year, Industry Minister Kim Jung-kwan said Thursday, as the government touted record exports, a Korea-US tariff deal, and an AI-driven manufacturing push among the administration’s key first-year achievements. Speaking at a press briefing Wednesday, Kim also addressed major industrial issues such as Korea’s bid for Canada’s multibillion dollar submarine project and Samsung Electronics’ recent settlement of a long-runnin

The Korea Herald

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HD Hyundai strengthens Canadian shipyard ties ahead of submarine decision

HD Hyundai Heavy Industries is stepping up efforts to win Canada’s next-generation submarine program, bolstering ties with major Canadian shipbuilders and expanding industrial cooperation ahead of a final bidder selection. The South Korean shipbuilder said Thursday its senior executives met with Canada’s Davie Shipbuilding in Ottawa on Tuesday to discuss ways to cooperate across shipbuilding and naval programs. During the meeting attended by Park Yong-yeol, head of HD HHI’s naval ship business u

The Korea Herald

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Emerging S. Korean forward brimming with confidence ahead of World Cup debut

Full of conviction in his skills as a goal-hunting striker for South Korea, Oh Hyeon-gyu can't wait to jump into his first FIFA World Cup action next month in Mexico and see what the hype is all about. South Korea will play all three of their Group A matches in Mexico, one of three co-host countries of this year's tournament, along with Canada and the United States. South Korea's second match will be against Mexico on June 18 in Guadalajara, where a partisan crowd is expected to be out in full f

The Korea Herald

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Korean submarine makes historic Pacific crossing as Seoul eyes Canada’s $39.6b deal

South Korea is stepping up its push to win Canada’s multibillion dollar submarine procurement project by combining a high-profile naval demonstration with expanded industrial partnerships and government-level diplomacy ahead of the expected June decision. The 3,000-ton ROKS Dosan Ahn Chang-ho arrived at Canadian Forces Base Esquimalt in Victoria, British Columbia, on Saturday after traveling some 14,000 kilometers from a major naval base in Jinhae, South Gyeongsang Province, via Guam and Hawaii.

The Korea Herald

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India's trade minister says visit by Canada's Carney reset ties after 2023 killing of Sikh activist

Canadian Prime Minister Mark Carney's recent visit to India has helped pave the way for a complete reset of Canada-India relations, India's trade minister said Monday. The ties were strained under Carney's predecessor in the wake of the 2023 killing of a Sikh activist in Canada. The remarks by India’s Commerce and Industry Minister Piyush Goyal, who is visiting Canada, came as he met with Canada's International Trade Minister and just before he met with Carney. “We’re negotiating a free trade de

The Korea Herald

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Chinese EV retreat opens window for Hyundai in Canada

Major Chinese electric vehicle makers, including BYD, Chery and Geely, are scaling back their expansion into Canada — a strategic entry point to North America beyond the US market, where intensifying anti-China trade policies have effectively shut out Chinese EVs. Experts indicate the shift could help Hyundai Motor Group to defend its ground in the profitable market, where demand for high-margin SUVs and eco-friendly vehicles remains strong. According to a recent report by Automotive News Canada

The Korea Herald

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S. Korean submarine arrives in Canada amid Seoul's bid for US$39.6 bln Canadian submarine deal

A South Korean Navy submarine has arrived at a port in Canada for joint drills with the Royal Canadian Navy amid Seoul's push to win a Canadian submarine deal estimated at around 60 trillion won (US$39.6 billion). The 3,000-ton ROKS Dosan Ahn Chang-ho entered a port at the Canadian naval base in Esquimalt, Victoria, on the country's southwest coast on Saturday (local time) after traveling some 14,000 kilometers via Guam and Hawaii on the first trans-Pacific voyage ever undertaken by a South Kore

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타임라인 키워드

Korea proposes Hyundai-led W3.4tr hydrogen project for Canada submarine bid

Canada, Korea deepen industry partnership with potential CA$100 billion economic impact

TWS sings for Korean World Cup team

World Cup final rosters set as 1,248 players prepare for expanded tournament

Korea to triple oil imports, secure more LNG from Canada amid energy shock

Cortis announces 1st tour

S. Korea, Canada discuss stronger space, defense cooperation amid submarine bidding race

Lee’s chief of staff visits Canada as submarine bid nears decision

Mirae Asset's global ETF assets top W400tr

Presidential chief of staff departs for Canada ahead of submarine deal

Hanwha Ocean highlights potential $68b GDP impact in Canada submarine bid

Korean cellist Kim Tae-yeon claims second prize at Queen Elisabeth Competition

Korea races toward top-five exporter club: Industry Minister

HD Hyundai strengthens Canadian shipyard ties ahead of submarine decision

Emerging S. Korean forward brimming with confidence ahead of World Cup debut

Korean submarine makes historic Pacific crossing as Seoul eyes Canada’s $39.6b deal

India's trade minister says visit by Canada's Carney reset ties after 2023 killing of Sikh activist

Chinese EV retreat opens window for Hyundai in Canada

S. Korean submarine arrives in Canada amid Seoul's bid for US$39.6 bln Canadian submarine deal