Korea refiners swing to Q4 loss amid windfall tax calls

Korea refiners swing to Q4 loss amid windfall tax calls

South Korean refiners such as SK Innovation Co. and S-Oil Corp. are estimated to incur a combined loss of over 1 trillion won ($800 million) in the ...

SK Bioscience gets info security management system certification

SK Bioscience gets info security management system certification

SK Bioscience Co. said on Tuesday that its Pangyo headquarters and its vaccine production facility L House in Andong, South Korea, have acquired ISO...

Hyundai Rotem releases data on eco-friendly railway businesses

Hyundai Rotem releases data on eco-friendly railway businesses

Hyundai Rotem, the railway system subsidiary of Hyundai Motor Group, announced on Monday it has published information about its sales and research a...

S.Korea's Boryung receives EU GMP certification

S.Korea's Boryung receives EU GMP certification

South Korean pharmaceutical company Boryung announced that its production facility for anti-cancer injections in Yesan, South Chungcheong Province, ...

S.Korea's high-tech firms flood to US with heavy spending plans

S.Korea's high-tech firms flood to US with heavy spending plans

South Korea’s large business groups are flooding to the US, with their pledged investments there exceeding $100 billion for the next two years...

Hyundai GV70 EV to be eligible for US subsidy after classification as SUV

Hyundai GV70 EV to be eligible for US subsidy after classification as SUV

The sport-utility vehicle (SUV) Hyundai Genesis GV70 electric vehicle in the first half of the year is expected to be eligible for subsidies in the ...

Korea Shipbuilding & Offshore Engineering ends fears over stock overhang

Korea Shipbuilding & Offshore Engineering ends fears over stock overhang

Korea Shipbuilding & Offshore Engineering (KSOE), a subholding company for shipbuilding, oil refining and machinery conglomerate HD Hyundai Co. ...

Korea’s new EV subsidy plan favors Hyundai over Tesla, other imports

Korea’s new EV subsidy plan favors Hyundai over Tesla, other imports

South Korea is revising its electric vehicle subsidy plan in a way that favors local cars such as the Hyundai IONIQ 6 over imported vehicles, includ...

Hyundai Doosan Infracore bags $256 mn Turkey defense deal

Hyundai Doosan Infracore bags $256 mn Turkey defense deal

Hyundai Doosan Infracore Co., a South Korean construction equipment maker, won a 313.1 billion won ($255.5 million) defense deal from Turkey, sugges...

Jay Park's Won Soju ready to land in United States

Jay Park's Won Soju ready to land in United States

"Won Soju" launched by a South Korean rapper Jay Park will be exported to the United States. Liquor company Won Spirits said on Thursday that it has...

Hyundai Motor opens Hyundai Mobility Lounge Kyoto Shijo

Hyundai Motor opens Hyundai Mobility Lounge Kyoto Shijo

Hyundai Motor Co. is establishing a permanent location in Japan's Kansai region to allow customers to experience its eco-friendly cars such as the I...

Hyundai, Kia post record-high Jan. sales figures in US

Hyundai, Kia post record-high Jan. sales figures in US

Hyundai Motor Co. and Kia Corp. posted the highest sales record in the US market in January. Hyundai Motor America said on Wednesday that it sold 52...

Korea’s Hyundai Electric wins $86 mn transformer deal in US

Korea’s Hyundai Electric wins $86 mn transformer deal in US

Hyundai Electric & Energy Systems Co., a power equipment and energy solution affiliate of the world’s largest shipbuilding group holding c...

Hyundai Mobis bags record $4.6 bn orders from global carmakers

Hyundai Mobis bags record $4.6 bn orders from global carmakers

South Korea's Hyundai Mobis, a key affiliate of Hyundai Motor Group, last year enjoyed its best year in orders received from abroad.The company on T...

Mobile Living Space: Hyundai’s new future mobility concept

Mobile Living Space: Hyundai’s new future mobility concept

A self-driving vehicle taking a passenger home and then docking into the building so that they can enter the house without being exposed to the outs...

Hyundai, Kia cars selected Best Imported Cars in Germany

Hyundai, Kia cars selected Best Imported Cars in Germany

Hyundai Motor Group was recognized for its overwhelming quality in Germany, which is widely considered the home of automobiles.Hyundai Motor Group s...

Hyundai Dept. Store introduces AI chatbot service Jellppo

Hyundai Dept. Store introduces AI chatbot service Jellppo

Hyundai Department Store Co. said on Sunday that it would introduce the artificial intelligence (AI) chatbot "Jellppo." Jellppo is an AI-based one-o...

Hyundai vows $8.5 billion investment after record 2022 sales, profit

Hyundai vows $8.5 billion investment after record 2022 sales, profit

South Korea’s top automaker Hyundai Motor Co. said on Thursday it will spend 10.5 trillion won ($8.5 billion) this year to ramp up facilities ...

Hyundai AutoEver secures international safety, health certification

Hyundai AutoEver secures international safety, health certification

South Korea's mobility software provider Hyundai AutoEver said Wednesday that it has earned the international safety and health management system IS...

Hyundai Motor sells 1 mn electric vehicles worldwide

Hyundai Motor sells 1 mn electric vehicles worldwide

In 11 years since Hyundai Motor Group started selling electric vehicles (EVs), the cumulative sales volume of EVs in the global market has finally s...

Hyundai, Kia make up 11.3% of UK's new car registrations in 2022

Hyundai, Kia make up 11.3% of UK's new car registrations in 2022

South Korean carmaker Hyundai Motor Group accounted for 11.3% of the new car registrations in the UK last year, according to a report that the Socie...

Hyundai, Kia vow to crack Japan-dominated SE Asian market with EVs

Hyundai, Kia vow to crack Japan-dominated SE Asian market with EVs

For more than four decades, Japanese automakers, led by Toyota Motor Corp., have reigned as undisputed champions in the Southeast Asian auto marke...

Hyundai E&C wins record $28.4 billion in new orders last year

Hyundai E&C wins record $28.4 billion in new orders last year

South Korean builder Hyundai Engineering & Construction last year earned sales of 21 trillion won ($17 billion) thanks to growth in the domestic...

Hyundai Movex wins order for Sydney subway screen doors

Hyundai Movex wins order for Sydney subway screen doors

Hyundai Movex, a Hyundai Group affiliate of South Korea, is moving to expand its overseas business in earnest with the opportunity to win an order t...

Hyundai Doosan Infracore unveils new construction equipment brand

Hyundai Doosan Infracore unveils new construction equipment brand

South Korea's Hyundai Doosan Infracore Co. on Wednesday said that in a news conference in Las Vegas on the day before, it unveiled its new construct...

Hyundai's four models selected among Car & Driver's best 10 Trucks & SUVs

Hyundai's four models selected among Car & Driver's best 10 Trucks & SUVs

Hyundai Motor Group said on Wednesday that Hyundai IONIQ5, Kia EV6, Kia Telluride, and Genesis GV70 were selected as the 2023 Best 10 Trucks & S...

Hyundai IONIQ 6 honored as safest family car in Europe

Hyundai IONIQ 6 honored as safest family car in Europe

Hyundai Motor Co.'s  first fully electric sedan IONIQ 6 has been named the safest family car in Europe.Hyundai Motor on Friday said the Europea...

Hyundai’s Chung Euisun named MotorTrend’s Person of the Year

Hyundai’s Chung Euisun named MotorTrend’s Person of the Year

Chung Euisun, chairman of South Korea’s Hyundai Motor Group, has been named Person of the Year by MotorTrend, topping the prestigious US autom...

3 HD Hyundai affiliates to help ESG management of biz partners

3 HD Hyundai affiliates to help ESG management of biz partners

Three construction machinery affiliates of South Korea's HD Hyundai will support environmental, social and governance (ESG) management of their part...

Powertrain maker Hyundai Transys set to post record-high 2022 revenue

Powertrain maker Hyundai Transys set to post record-high 2022 revenue

Hyundai Transys Co., a Hyundai Motor Group unit that makes powertrains and seats, said on Wednesday that it is estimated to have achieved record-hig...

Kolon's early bets on para-aramid recovery pays off amid AI boom Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO