Asia Motors
Scope
Date
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Automobiles
Hyundai Motor, Kia regain top spot in Vietnam's auto market
Hyundai Motor Co. and Kia Corp. are solidifying their dominance in the Vietnamese car market through the launch of new models and competitive lineup...
Jun 21, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Motor Way: New strategy to accelerate EV push
South Korea’s top automaker Hyundai Motor Group on Tuesday set out its vision to become a top-tier eco-friendly auto brand by accelerating its...
Jun 20, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor's Genesis delivers Korean luxury to Europe
MUNICH – It is always challenging to bring a lesser-known car marque to Europe, home to well-established, globally known brands such as Merced...
Jun 19, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion puts Takeda’s assets up for sale after 3 years
South Korea’s Celltrion Inc. has put its Japanese Takeda Pharmaceutical Co.'s primary care assets acquired in 2020 on sale as the biosimilar g...
Jun 18, 2023 (Gmt+09:00)
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Automobiles
GM names Hector Villarreal as new CEO for S.Korean operations
General Motors (GM) on Friday named Hector Villarreal as the new president of GM Korea. After more than 40 years with the company, GM Korea Presiden...
Jun 16, 2023 (Gmt+09:00)
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Automobiles
Rolls-Royce unveils its first all-electric model, Spectre, in Seoul
Rolls-Royce has unveiled Spectre, the brand's first all-electric model, on Friday in Seoul for the first time in the Asia-Pacific region.The exterio...
Jun 16, 2023 (Gmt+09:00)
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Logistics
CJ Logistics, Evergreen sign agreement for logistics cooperation
South Korea's CJ Logistics has entered into mutual cooperation with the Taiwan-based global shipping company Evergreen Marine Corporation for the ...
Jun 16, 2023 (Gmt+09:00)
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Perspectives
China’s hasty rate cut signals trouble ahead for Asia’s 2023
Add officials at the People’s Bank of China to the list of those disappointed by China’s post-COVID-19 reopening boom. On June 13, PB...
Jun 15, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor to collect $5.9 bn in dividends from abroad for EV push
Hyundai Motor Group’s overseas subsidiaries will repatriate $5.9 billion in dividends in total to their parent in South Korea this year to hel...
Jun 12, 2023 (Gmt+09:00)
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Future mobility
Hyundai Motor showcases future mobility in new Spider-Man film
Hyundai Motor Co. announced that it will showcase future mobility in collaboration with Sony Pictures Entertainment on the animation film Spider-Man...
Jun 09, 2023 (Gmt+09:00)
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Machinery
POSCO Int'l to supply nearly 7 mn motor cores to Hyundai Motor
South Korea's largest trading company POSCO International on Thursday said its affiliate POSCO Mobility Solution will supply motor cores to Hyundai ...
Jun 08, 2023 (Gmt+09:00)
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Energy
Challenges, opportunities for Asia’s energy transition: GIG
Global investors injected more than $1 trillion into energy transition for the first time last year. South Korea poured in some $19 billion, becomin...
Jun 07, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to supply new Exynos auto chip to Hyundai in close tie-up
Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it will supply one of its latest automotive chips to Hyundai ...
Jun 07, 2023 (Gmt+09:00)
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Travel & Leisure
Yanolja teams up with SE Asia's largest travel platform
South Korea's tourism platform unicorn Yanolja announced on Monday that it will expand its overseas travel services by linking with Traveloka, a ren...
Jun 05, 2023 (Gmt+09:00)
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Automobiles
Calligraphy Black: Hyundai Motor's stylish new Palisade SUV
Just like calligraphy — the art of turning simple handwriting into artwork — Hyundai Motor Co. has taken its flagship three-row SUV Pa...
Jun 02, 2023 (Gmt+09:00)
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Automobiles
South Korea hosts first Universo Ferrari exhibition in Asia
For the first time in Asia, South Korea is hosting an event featuring the history of the Italian sports car brand Ferrari.Ferrari on Thursday opened...
Jun 02, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor builds hydrogen fuel cell factory in China
Hyundai Motor Group has commenced full-scale production at its hydrogen fuel cell system plant in Guangzhou, marking a key step in its global hydrog...
Jun 01, 2023 (Gmt+09:00)
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Automobiles
Hyundai doubles down on green bus push against Chinese ascent
Hyundai Motor Co. is expected to start remodeling its conventional bus production facility at home this fall to ramp up zero-emission and low-floor ...
May 31, 2023 (Gmt+09:00)
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Airlines
Air Busan targets record profit with more int’l flights
Air Busan Co., a South Korean low-cost carrier, targets record earnings with more international flights, especially to neighboring China and Japan, ...
May 30, 2023 (Gmt+09:00)
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Korean chipmakers
S.Korean chips’ heavy reliance on China, US poses risk to national economy
South Korea’s semiconductor industry is more vulnerable to economic and industrial shifts in its key export markets than those of its rivals T...
May 29, 2023 (Gmt+09:00)
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Venture capital
Lotte to open Silicon Valley corporate venture capital unit
Lotte Group, a South Korean retail-to-chemical conglomerate, is set to launch a corporate venture capital (CVC) business in Silicon Valley, the glob...
May 26, 2023 (Gmt+09:00)
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Sports
Hyundai renews FIFA sponsorship; Boston Dynamics, Supernal join
Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, said on Friday they have extended their FIFA partnerships through ...
May 26, 2023 (Gmt+09:00)
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Economy
S.Korea’s heated debate on domestic helpers from Southeast Asia
South Korea is embroiled in a heated debate on a program to recruit domestic helpers from Southeast Asia at lower rates than those paid to their Kor...
May 26, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor union demands higher wages on record earnings
Historically, Hyundai Motor Co.'s labor union has been among the most hardline in South Korea's corporate wage negotiations.Despite the relatively l...
May 25, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia team up with 11 universities for vehicle electrification
South Korean auto giant Hyundai Motor Co. and its sister company Kia Corp. are joining forces with leading South Korean universities to pioneer adva...
May 24, 2023 (Gmt+09:00)
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Korean stock market
Funds from West to emerging Asia power S.Korean stocks
Foreigners reported a record purchase of South Korean shares despite a global economic slowdown, as money moved from the US and Europe into emerging...
May 22, 2023 (Gmt+09:00)
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Bio & Pharma
Sartorius to build $600 mn Korea facilities, open to more investment
Sartorius AG, a global pharmaceutical and laboratory equipment supplier, plans to spend $600 million on its first facilities in South Korea, about s...
May 18, 2023 (Gmt+09:00)
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Korean startups
S.Korean AI chip developer DeepX ready to take on Nvidia: CEO
Demand for artificial intelligence microprocessors is set to grow astronomically as electronics and cars are becoming smarter, said DeepX chief, add...
May 18, 2023 (Gmt+09:00)
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Artificial intelligence
Korean institutions eye investment in OpenAI at $40 bn valuation
OpenAI, the world’s most well-known artificial intelligence lab, is tapping South Korean institutional investors for investment at an estimate...
May 17, 2023 (Gmt+09:00)
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Culture & Trends
Night at Korean royal palace brims with stars and Gucci fashion
Seoul has again grabbed the attention of global fashionistas as Italian fashion house Gucci on Tuesday night finally staged its belated Korean fashi...
May 17, 2023 (Gmt+09:00)