IONIQ 5, Sportage named safest cars by IIHS
Hyundai Motor Co. 's crossover electric vehicle (EV) sport-utility vehicle (SUV) IONIQ 5 and Kia Corp. 's best-selling SUV Sportage earned a Top S...
Supreme Court affirms Affinity, GIC's exit value on Kyobo Life
South Korea’s Supreme Court on Wednesday upheld the ruling that would allow the Affinity Equity Partners-led consortium, including Singapore&r...
Hyundai's Chung Euisun lauded for future-minded leadership
Hyundai Motor Group’s Executive Chairman Chung Euisun is firming his reputation as a leader in the global auto industry as he is once again re...
Taihan Cable to bid for power distribution network in UK
South Korea's Taihan Cable & Solution Co. announced on Friday that it signed a memorandum of understanding (MOU) with the global infrastructure ...
SK Group to buy 537 GWh green power from SK E&S
South Korea’s second-largest conglomerate SK Group is accelerating its net zero transition with its affiliates agreeing to buy 537 gigawatts h...
Hyundai ushers in future of car manufacturing in Singapore
SINGAPORE – Hyundai Motor Group on Tuesday officially inaugurated its first mobility innovation center in Singapore powered by a slew of smart...
Hyundai Motor Group spins off three in-house startups
Hyundai Motor Group announced on Tuesday it spun off three in-house startups Eficar, Hcharge Lab, and 3I Solution. Eficar provides a service th...
Hyundai Motor Group eyes record-breaking sales in UK
Hyundai Motor Group expects to achieve record-high sales performance in the UK this year. This is even more significant because the UK is well well-...
Hyundai Group chair exits Schindler-invested unit board
Hyundai Group's chairwoman on Friday resigned from the board of its elevator unit, whose No. 2 shareholder is Schindler Holding AG, amid mounting sh...
KG Mobility seeks to expand into Vietnam
South Korean automaker KG Mobility Corp. said on Friday it had sought to expand strategic cooperation, including entering the Vietnamese market, aft...
Hyundai Motor Group to replace heads of auto parts, steel units
Hyundai Motor Group, the world’s third-largest automaker, is set to replace the heads of its auto parts and steel-making affiliates in an earl...
POSCO Int'l to build facility for modular in Ukraine
South Korea's POSCO International Corp. announced on Wednesday it plans to build a facility for modular in Ukraine. The company's Vice Chairman...
HD Hyundai opens Electrification Center
South Korea's HD Hyundai Group new opened on Monday HD Hyundai Electrification Center at the HD Hyundai Global R&D Center in Seongnam, Gyeonggi ...
SK-backed social impact startups see higher corporate values
South Korean social impact startups backed by the country’s second-largest conglomerate SK Group enjoyed higher corporate values with two of t...
South Korea’s Dailybeer to enter into Singaporean market
Dailybeer, South Korean craft beer and fried chicken chain, announced on Friday it signed a contract with Singapore-based Katrina Group for joint in...
POSCO to build 2nd N.EX.T Hub research institute in Seongnam city
POSCO Group, which owns South Korea’s largest steelmaker, plans to build a second research institute near Seoul to support the conglomerate&rs...
Hyundai Motor Group units’ profits double as Chung enters 4th year
South Korea’s Hyundai Motor Group saw the combined operating profit of its 11 affiliates more than double in the third quarter as Chairman Chu...
HD Hyundai Oilbank secures bio-based material supply network
South Korea's HD Hyundai Oilbank announced on Tuesday it signed contracts with Indonesia's Korindo Group and Korea's LX International for the purcha...
SK Group to step up renewable energy push in Vietnam
SK Group will strengthen its partnership with the Vietnamese government to boost eco-friendly business in areas ranging from carbon capture to waste...
Korea Investment, Carlyle Group sign strategic partnership
Korea Investment & Securities Co. announced on Friday it has signed a strategic partnership with Carlyle Group, one of the world's leading priva...
Kia’s Q3 profit soars; groupwide design centers revamped
Kia Corp., South Korea’s second-largest automaker, said on Friday that its third-quarter net profit rose fourfold from a year earlier thanks t...
HD Hyundai develops electric propulsion system for large ships
HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries Co. have secured Approval in Principle (AIP) from the UK's Lloyd's ...
Samsung Group introduces senior outside director system
Samsung Group has created the position of senior outside director, granted as much authority as the chair of a board of directors, for the first tim...
Mirae Asset promotes Indian unit head to vice chairman
Mirae Asset Financial Group, South Korea’s leading financial conglomerate, on Monday promoted Swarup Mohanty, the head of its Indian asset man...
Lotte, two SK Group units to join hands for carbon capture
Lotte Chemical Corp., SK Innovation Co. and SK IE Technology Co. (SK IET) have signed a memorandum of understanding (MOU) to make their joint push i...
KT ties up with Thai company for SE Asia hyperscale AI
KT Corp., South Korea’s No.2 mobile carrier, is set to foray into the large language model (LLM) sector in Southeast Asia amid the country's s...
SK Group needs agility to survive disruptions: chairman
South Korea's No. 2 conglomerate SK Group needs agile responses to rapidly changing business circumstances amid global geopolitical crises, C...
Hyundai partners with University of London for African market strategy
Hyundai Motor Group announced on Friday its plan to establish two research centers in conjunction with the University of London (UoL) to delve int...
Taeyoung to sell cash cow to shore up ailing construction arm
South Korea’s medium-sized business group Taeyoung Group said on Wednesday it is near to selling its cash cow logistics unit to shore up its f...
Late Samsung chairman Lee's New Management back in spotlight
As the leader of Samsung Group for three decades, the late group Chairman Lee Kun-hee brought fundamental changes to the conglomerate under his &ldq...
