Asia Motors
Scope
Date
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Robotics
BTS performs epic dance-off with Boston Dynamics robots
The global sensation BTS, topping the Billboard Hot 100 Chart for the fifth week with its latest hit Butter, has stepped outside the human realm in ...
Jun 29, 2021 (Gmt+09:00)
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Insurance
Taiwan’s Fubon Life raises stake in Korean unit via $405 mn rights offer
Fubon Life Insurance Co., a unit of Taiwan’s Fubon Financial Holding Co., has raised its stake in a Korean joint venture with Hyundai Motor Gr...
Jun 28, 2021 (Gmt+09:00)
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Metaverse
Hyundai Motor, Naver offer metaverse driving experience on its N Line
Hyundai Motor Co. is offering a unique driving experience for its high-performance brand, N Line, in a metaverse world created on Zepeto. Zepeto is ...
Jun 25, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor, Grab deepen partnership for EV adoption in Southeast Asia
South Korea’s Hyundai Motor Group and Grab Holdings Inc. have agreed to strengthen their partnership in mobility services to accelerate the ad...
Jun 23, 2021 (Gmt+09:00)
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Banking & Finance
Singapore emerges as new financial hub for S.Korean banks
South Korea’s major banks are rushing to Singapore as the city-state is emerging as a new financial hub in Southeast Asia, replacing the tradi...
Jun 18, 2021 (Gmt+09:00)
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Future mobility
Hyundai Motor chairman sees future in self-driving, robot businesses
Hyundai Motor Group Chairman Chung Euisun is in the United States seeking business opportunities in one of the South Korean automotive group’s...
Jun 16, 2021 (Gmt+09:00)
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Korean startups
Mirae, Naver set for hefty profit from Didi Chuxing IPO
The prospective initial public offering of DiDi Chuxing Technology Co., China's largest ride-hailing app, is expected to generate as much as 200 bil...
Jun 15, 2021 (Gmt+09:00)
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Food & Beverage
Korea’s F&B exports to surpass $4.5 billion in 2021
South Korea’s food and beverage (F&B) exports set a new record in 2020 and are projected to rise even higher this year. According to Korea...
Jun 14, 2021 (Gmt+09:00)
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Webtoons
Naver vs. Kakao: Global webtoon duel extends into Southeast Asia
The global webtoon battleground between South Korea's leading platforms Naver Corp. and Kakao Corp. has expanded into Southeast Asia with each compa...
Jun 14, 2021 (Gmt+09:00)
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Private equity
IMM Investment eyes $900 mn infrastructure fund launch
IMM Investment Corp., a South Korean alternative investment firm, is planning to raise 1 trillion won ($900 million) for its new infrastructure fund...
Jun 11, 2021 (Gmt+09:00)
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Automobiles
Hyundai Motor chief Chung wins top accolade at 2021 Autocar Awards
Chung Euisun, chairman of South Korea’s Hyundai Motor Group, has won the 2021 Autocar Awards' top accolade, the Issigonis Trophy, for his cont...
Jun 09, 2021 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia overtake Ford in US auto sales in May
Hyundai Motor Co. and Kia Corp., the two automaking units of South Korea’s Hyundai Motor Group, in May sold more cars in the US than Ford Moto...
Jun 09, 2021 (Gmt+09:00)
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Global F&B industry
Korea’s bakery franchises target Southeast Asia for growth opportunities
South Korea’s two leading bakery franchise companies are expanding aggressively in Southeast Asia.SPC Group, the operator of Korea’s lar...
Jun 09, 2021 (Gmt+09:00)
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Entertainment
CJ ENM to spend $4.5 bn to become Asia's Marvel Studios
South Korean media company CJ ENM Co. on Monday announced a plan to spend 5 trillion won ($4.5 billion) to produce original content over the next fi...
Jun 01, 2021 (Gmt+09:00)
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Korean startups
AI chip startup FuriosaAI wraps up $70 mn Series B round
South Korea-based artificial intelligence startup FuriosaAI has recently wrapped up an 80 billion won ($72.1 million) Series B round, attracting inv...
May 31, 2021 (Gmt+09:00)
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Automobiles
Hyundai Santa Fe Hybrid outscores Toyota Highlander: Auto Bild ratings
Hyundai Motor Co.’s Santa Fe hybrid has earned higher ratings than Toyota Motor Corp.’s Highlander, one of its strongest rivals, in an e...
May 30, 2021 (Gmt+09:00)
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ASK 2021 Interview
Long-term transformation in public markets: ValueAct
On May 12th ValueAct Partner, CEO, and Chief Investment Officer G. Mason Morfit appeared at the ASK Global Conference 2021 hosted by The Korea Econo...
May 27, 2021 (Gmt+09:00)
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Pension funds
CPPIB says no negative screening for ESG investing
The Canada Pension Plan Investment Board (CPPIB) does not carry out negative screening to exclude companies and sectors that do not comply with envi...
May 27, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor’s new XCIENT truck raises hydrogen game in Europe
South Korea’s top automaker Hyundai Motor Co. has unveiled an upgraded version of its fuel cell truck XCIENT, turning up the heat on rivals in...
May 26, 2021 (Gmt+09:00)
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Carbon neutrality
Hyundai Motor chairman vows to go carbon neutral, stresses electrification
Chung Euisun, chairman of Hyundai Motor Group, has vowed to go carbon neutral in the group's processes, from automaking to vehicle disposal, in a mo...
May 25, 2021 (Gmt+09:00)
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Markets
With chipmakers in full gear, Hyundai Motor poised for rebound
Shares of Hyundai Motor Co. have been trapped in a boxed range for more than four months after falling from an all-time high in early January of 289...
May 18, 2021 (Gmt+09:00)
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Future mobility
Hyundai Motor to make EVs in US with $7.4 bn investment by 2025
Hyundai Motor Group will pump $7.4 billion into its US operations by 2025, with a focus on future mobility segments, including electric vehicles (EV...
May 14, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Naver vs Kakao: Intense rivalry to extend beyond Asia
South Korea's two online giants Naver Corp. and Kakao Corp. have completed their respective acquisitions of storytelling platforms in the US and Can...
May 11, 2021 (Gmt+09:00)
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Automobiles
Hyundai Motor to launch Genesis in Europe; US auto sales at record high
Hyundai Motor Co. is taking its standalone high-end brand Genesis to Europe, the traditional stronghold of premium cars such as BMW and Audi, as the...
May 04, 2021 (Gmt+09:00)
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Corporate bonds
Hyundai Motor's Indonesia unit issues $300 mn bond
PT Hyundai Motor Manufacturing Indonesia (HMMI) has raised $300 million in a five-year bond sale to fund the construction of its first production li...
Apr 28, 2021 (Gmt+09:00)
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Future mobility
Hyundai Motor pilots EV mobility service for pets
Hyundai Motor Group will pilot an urban mobility service for pets in Seoul, using a specially designed Ray EV model by Kia Corp. The group said on A...
Apr 26, 2021 (Gmt+09:00)
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Business & Politics
Hyundai Motor chairman visits US, seeks business opportunities
Hyundai Motor Group Chairman Chung Euisun is visiting the United States seeking business opportunities in one of the South Korean automotive group&r...
Apr 23, 2021 (Gmt+09:00)
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Earnings
Hyundai Motor Q1 net profit triples; chip shortage dims Q2 outlook
South Korea’s top automaker Hyundai Motor Co. said on Thursday its first-quarter net profit nearly tripled to the highest level in four years,...
Apr 22, 2021 (Gmt+09:00)
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Energy
Hyundai Motor, BTS celebrate Earth Day with hydrogen campaign
South Korea’s top automaker Hyundai Motor Co. and global K-pop boyband sensation BTS have collaborated to urge people to protect the environ...
Apr 21, 2021 (Gmt+09:00)
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Future mobility
Hyundai Motor Group forms TaaS division to be led by 42dot CEO
Hyundai Motor Group has created a new Transportation-as-a-Service (TaaS) division that will oversee the mobility businesses of Hyundai Motor Co. and...
Apr 16, 2021 (Gmt+09:00)
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Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer