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Corporate rebrandKia drops Motors from name, unveils roadmap for new EV models
Kia Motors Corp., a unit of Hyundai Motor Group, has dropped Motors from its name, as the company breaks away from its tradition...
Jan 15, 2021 (Gmt+09:00)
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Korean stock marketBOK governor warns of abrupt stock market correction; holds rate steady
South Korea’s central bank governor has warned of an abrupt stock market correction, asking investors to refrain from exce...
Jan 15, 2021 (Gmt+09:00)
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IPOsLotte Rental resumes IPO process; seeks $1.8 bn valuation
South Korea’s leading rental car company Lotte Rental Co. has resumed its initial public offering process, despite havin...
Jan 15, 2021 (Gmt+09:00)
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BatteriesHyundai inks deal to build first overseas hydrogen fuel cell plant in China
Hyundai Motor Co. has signed a contract to build its first overseas hydrogen fuel cell systems plant in China as the South Korea...
Jan 15, 2021 (Gmt+09:00)
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Alternative investmentsKeppel looking to exit two Seoul office towers for over $200 mn
Singapore-based Keppel Investment Management is preparing to sell two office buildings in Seoul, less than two years after it ac...
Jan 15, 2021 (Gmt+09:00)
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EconomyS.Korean banks' household, company loans near $1.8 trn
South Korean households and companies have taken out fresh loans worth 208 trillion won ($189 billion) from banks last year, pus...
Jan 15, 2021 (Gmt+09:00)
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EnergyTotal, Hanwha to set up JV for $1.8 bn US solar expansion
French refiner Total SE and South Korea’s Hanwha Energy Corp. have agreed to set up a joint venture to build solar power p...
Jan 15, 2021 (Gmt+09:00)