Hyundai Asset Management
Scope
Date
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Mergers & Acquisitions
Regulator denies reporting MBK to prosecutors over Korea Zinc
A senior Financial Supervisory Service (FSS) official on Thursday denied a report that the regulatory body has referred MBK Partners and Young Poong...
Jan 09, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor vows record investment of $16.7 bn in South Korea
Hyundai Motor Group will invest 24.3 trillion won ($16.7 billion) this year in South Korea, the largest-ever annual investment in its home country, ...
Jan 09, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor: First auto brand available for purchase on Amazon Autos
You can now buy a Hyundai on Amazon.You read that right. You can buy a vehicle on the same site where you purchase dinosaur balloons and roller skat...
Jan 08, 2025 (Gmt+09:00)
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Steel
Hyundai mulls building 1st overseas steel mill in Louisiana
WASHINGTON, D.C. – Hyundai Motor Group is considering building its first overseas steel mill in New Orleans, Louisiana, according to industry ...
Jan 07, 2025 (Gmt+09:00)
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Leadership & Management
Hyundai's Chung urges guarding against pessimism in ‘perfect storm’
Hyundai Motor Group Executive Chairman Chung Euisun on Monday urged executives and employees to guard against pessimism amid a “perfect storm&...
Jan 06, 2025 (Gmt+09:00)
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Corporate investment
Mirae Asset invests $200 mn in LS Group affiliate in US
South Korea's Mirae Asset Global Investments said on Sunday it invested $200 million in Essex Solutions, a US magnet wire manufacturing affiliate un...
Jan 06, 2025 (Gmt+09:00)
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Korean startups
Hyundai Motor to introduce 10 startups in robotics, AI at CES 2025
Hyundai Motor Group, which has been promoting open innovation through generous investment in startups with promising technologies, will lead 10 cher...
Jan 06, 2025 (Gmt+09:00)
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Automobiles
Hyundai, Kia sell 7.23 mn units together in 2024, eye more sales in 2025
Hyundai Motor Co. and its sibling Kia Corp. have set a target to sell a combined 7.39 million units around the globe this year with greater focus on...
Jan 03, 2025 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia EVs qualify for US subsidies for first time
Five electric vehicle models from Hyundai Motor Group, encompassing Kia Corp., were included in the 25 EV models qualifying for US tax credits in 20...
Jan 02, 2025 (Gmt+09:00)
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Investment banking
S.Korean securities firms race for IB market leadership
South Korean securities firms have upped the ante in a race to win the country’s investment banking (IB) market this year after aggressive bus...
Dec 30, 2024 (Gmt+09:00)
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Food & Beverage
S.Korea's office cafeteria firms expand into overseas markets
South Korea's office cafeteria companies, including Hyundai Green Food Co., Ourhome, and Samsung Welstory plan to expand overseas markets with the p...
Dec 30, 2024 (Gmt+09:00)
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Korean startups
Fleetune continues evolving for smarter route optimization
Fleetune Inc., a South Korean transportation management service (TMS) platform-developing startup, is gearing up for a big leap next year with relen...
Dec 30, 2024 (Gmt+09:00)
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Machinery
Hyundai Rotem delivers driverless metro cars to Taiwan
Hyundai Rotem Co., a South Korean rolling stock and defense equipment maker, said on Friday it held a ceremony to mark the arrival of the first ba...
Dec 27, 2024 (Gmt+09:00)
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Batteries
HD Hyundai Infracore to invest $79.6 mn in engine, battery pack
South Korea's HD Hyundai Infracore Co. said on Monday it signed a memorandum of understanding (MOU) with North Jeolla Special Self-Governing Provinc...
Dec 26, 2024 (Gmt+09:00)
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Corporate governance
Hanmi Pharm’s chair poised to win management feud with her son
Hanmi Pharmaceutical Group Chairman Song Young-sook is poised to claim victory in a year-long dispute with her eldest son Lim Jong-yoon to take cont...
Dec 26, 2024 (Gmt+09:00)
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Leadership & Management
POSCO carries out drastic top management reshuffle
POSCO Group on Monday replaced chief executives of key seven units in a drastic overhaul of the South Korean steel-to-battery materials group to shi...
Dec 24, 2024 (Gmt+09:00)
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Retail
E-Land manages New Balance’s record $689 mn in Korean sales
South Korea’s retail giant E-Land Group has achieved 1 trillion won ($689 million) in Korean sales of the global sports footwear and apparel b...
Dec 23, 2024 (Gmt+09:00)
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Batteries
LG Energy, Qualcomm to commercialize BMS solution
South Korea's LG Energy Solution Ltd. said on Monday it partnered with Qualcomm Technologies to commercialize its new system-on-chip (SoC)-based bat...
Dec 23, 2024 (Gmt+09:00)
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Real estate
GIC drops Seoul landmark building sale on Korea’s political woes
Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, dropped the sale of a landmark building in Seoul due to t...
Dec 19, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung, Hyundai Motor eye tech alliance on autonomous vehicle chips
South Korea’s top automaker Hyundai Motor Co. will likely entrust the manufacturing of its automotive chips for self-driving vehicles to Samsu...
Dec 18, 2024 (Gmt+09:00)
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Social media
Seoul probes fake online accounts of Hyundai Motor advisor Sung Kim
The Seoul Metropolitan Police Agency has launched an investigation into social media accounts pretending to be Hyundai Motor Group advisor Sung Kim,...
Dec 16, 2024 (Gmt+09:00)
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Automobiles
Hyundai AutoEver establishes JV in Indonesia
South Korea's Hyundai AutoEver Corp. said on Monday it built the joint venture PT Terra Link technology in Indonesia with India's MapmyIndia. T...
Dec 16, 2024 (Gmt+09:00)
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Automobiles
Hyundai, BAIC to inject $1.1 bn in China joint venture
Hyundai Motor Co. and its Chinese partner Beijing Motor Corp. (BAIC) will jointly invest $1.1 billion in their joint venture, which produces and sel...
Dec 13, 2024 (Gmt+09:00)
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Chemical Industry
HD Hyundai Oilbank supplies bio VLSFO to Yangming
HD Hyundai Oilbank Co., a South Korean crude oil refiner backed by Saudi Aramco, said on Thursday it started to supply Taiwan-based Yang Ming Marine...
Dec 12, 2024 (Gmt+09:00)
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Asset management
Mirae Asset rises to 12th-largest ETF manager with $141 billion in assets
South Korea’s leading asset manager Mirae Asset Financial Group has emerged as the world’s 12th-largest exchange-traded fund (ETF) manag...
Dec 11, 2024 (Gmt+09:00)
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Mergers & Acquisitions
LX Pantos IPO delayed as Mirae Asset sells stake
South Korea’s leading brokerage firm Mirae Asset Securities Co. is poised to sell its stake in LX Pantos Co., adding to expectations of more d...
Dec 09, 2024 (Gmt+09:00)
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IPOs
LG Electronics embarks on Indian unit's $1.8 bn IPO
LG Electronics India Pvt., wholly owned by LG Electronics Inc., has embarked on the process of going public to raise up to 2.6 trillion won ($1.8 bi...
Dec 09, 2024 (Gmt+09:00)
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Cloud computing
CJ OliveNetworks to expand cloud management biz
South Korea's CJ OliveNetworks said on Wednesday it will expand its managed service provider (MSP) in the cloud industry, utilizing Naver Cloud and ...
Dec 04, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia on course for record 2024 US sales, led by SUVs, hybrids
South Korea’s Hyundai Motor Co. and its sister firm Kia Corp. saw their US vehicle sales surge in November, driven by large SUVs, hybrids and ...
Dec 04, 2024 (Gmt+09:00)
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Economy
S.Korea's foreign reserves amount to $415.4 bn in Nov
South Korea's official foreign reserves at the end of November amounted to $415.4 billion.According to the Bank Of Korea (BOK) on Wednesday, the nat...
Dec 04, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet