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POSCO Union Calls Company Blockade a Declaration of War

POSCO is embroiled in controversy over unfair labor practices, with allegations that it interfered with normal labor union activities.

  • POSCO union calls blockade a "declaration of war".
  • Physical clash at Pohang Steelworks on August 26.
  • Management interference with routine activities.

Ship Engines Power AI Data Centers

As artificial intelligence (AI) data centers look to ‘on-site’ power generation, receiving power directly within their premises to overcome power grid limitations, marine engines from the shipbuilding…

  • HD Hyundai Heavy Industries expanding engine production capacity
  • Contracts worth 1.5831 trillion won ($1.14 billion) secured for U.S. data centers
  • 1,684 MW power generation engines in contract with U.S. companies

Robo-Taxis Remain Years from Commercial Service

Although a large-scale fleet of autonomous vehicles is being deployed in Gwangju City and the era of driverless Level 4 autonomous driving has come into sight, suggestions have been made that business…

  • Commercial deployment of robo-taxis years away
  • Autonomous driving tech needs business models
  • Gap of 3-4 years between tech and services

The Daily Roundup

August 27th, 2026 | Welcome to The Wire’s daily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news…

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