Hyundai Asset Management
Scope
Date
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Energy
HD Hyundai, Amogy, SK to co-work on ammonia-hydrogen power
South Korea's HD Hyundai Infracore Co. said on Monday it partnered with Amogy Inc., a US-based ammonia-powered systems developer, and SK Innova...
Nov 04, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia gets triple A credit rating from S.Korean agencies
Hyundai Motor Co. and Kia Corp. said on Monday they received AAA ratings, with Stable outlooks for both companies, from Korea Ratings Corp., Nice In...
Nov 04, 2024 (Gmt+09:00)
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K-pop
BTS Jin to open pop-up for solo album release
BTS Jin will open a pop-up titled “Running Wild to Happiness” from November 19 to December 1 at The Hyundai Seoul, marking the release o...
Nov 01, 2024 (Gmt+09:00)
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Banking & Finance
KB Asset Management to list Balhae Infrastructure Fund
South Korea's KB Asset Management Co. said on Friday it plans to list its KB Balhae Infrastructure Fund. Launched in 2006, KBIF focuses on so...
Nov 01, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai may nearly double shipbuilding capacity in Vietnam
HD Hyundai Co., the world’s second-largest shipbuilder, is likely to nearly double its vessel construction capacity in Vietnam to meet surging...
Oct 31, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai unveils Initium hydrogen FCEV concept, set to arrive in 2025
South Korea’s top automaker Hyundai Motor Co. on Thursday unveiled a new hydrogen fuel cell electric vehicle (FCEV) concept, previewing its ne...
Oct 31, 2024 (Gmt+09:00)
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Automobiles
Hyundai to launch Euro 7-compliant car in Europe next year
Hyundai Motor Co., South Korea’s top automaker, is set to introduce a tougher emissions standards-compliant model in Europe next year ahead of...
Oct 31, 2024 (Gmt+09:00)
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Robotics
Hyundai Rotem to unveil unmanned firefighting robot
South Korea's Hyundai Rotem Co. unveiled on Thursday an unmanned firefighting robot designed to tackle fires in hazardous environments without riski...
Oct 31, 2024 (Gmt+09:00)
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Energy
Hyundai Motor signs Korea’s largest renewable energy purchase deal
South Korea’s top automaker Hyundai Motor Co. said on Wednesday it has signed a deal to procure 610 gigawatt-hours (GWh) of renewable energy a...
Oct 30, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor reveals teaser image of IONIQ 9
Hyundai Motor Co. on Wednesday released the teaser images of its IONIQ 9, a three-row, all-electric sport utility vehicle (SUV).IONIQ 9's third mode...
Oct 30, 2024 (Gmt+09:00)
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Chemical Industry
HD Hyundai OCI supplies recycled tire materials to Hankook Tire
HD Hyundai OCI, the petrochemical affiliate of HD Hyundai Oilbank, said on Tuesday it started to supply Hankook Tire & Technology with recycled ...
Oct 29, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor aims high for online small EV sales in Japan
TOKYO – Hyundai Motor Co. will accelerate its penetration into Japan, a market it has been struggling to crack for decades, with small-size el...
Oct 29, 2024 (Gmt+09:00)
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Banking & Finance
Korea's Hana Bank to promote foreigners as managers in overseas units
South Korean banks are set to reshuffle overseas units by promoting local staff to management positions, in a bid to boost the sluggish profitabilit...
Oct 28, 2024 (Gmt+09:00)
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ASK 2024
Korean LPs tighten due diligence on general partners
In the wake of COVID-19, South Korean pension funds and insurance companies have placed a greater focus on asset managers' capabilities for post-inv...
Oct 28, 2024 (Gmt+09:00)
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Banking & Finance
Samsung Asset releases KODEX India ETF Investment Guide
South Korea's Samsung Asset Management said on Monday it released its KODEX India ETF Investment Pocket Guide.The guide provides information on the ...
Oct 28, 2024 (Gmt+09:00)
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Automobiles
Toyota, Hyundai agree to deepen ties in hydrogen, robotics
Toyota Motor Corp. and Hyundai Motor Group agreed to deepen their partnership in developing future mobility technology, especially in hydrogen fuel-...
Oct 28, 2024 (Gmt+09:00)
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Earnings
Kia eyes rosier 2024 after record-high Q3; Hyundai Mobis’ OP up 32%
Kia Corp., South Korea’s No. 2 carmaker after Hyundai Motor Co., presented a brighter outlook for this year after posting record-high operatin...
Oct 25, 2024 (Gmt+09:00)
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Corporate restructuring
Lotte to liquidate rubber JV in Malaysia, sell overseas assets for $1 bn
South Korea’s No. 2 petrochemical manufacturer Lotte Chemical Corp. plans to liquidate its rubber joint venture in Malaysia to scale back its ...
Oct 25, 2024 (Gmt+09:00)
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Banking & Finance
Mirae Asset's IRP deposits surpasses $7.2 bn in 2024
South Korea's Mirae Asset Securities Co. said on Friday it became the first in the industry to surpass 10 trillion won ($7.2 billion) in individual ...
Oct 25, 2024 (Gmt+09:00)
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Petrochemicals
HD Hyundai Oilbank to fully own HD Hyundai Cosmo for $104 mn
Saudi Aramco-backed HD Hyundai Oilbank Co. will acquire a 50% stake in money-losing HD Hyundai Cosmo Petrochemical Co. from Japanese chemical giant ...
Oct 25, 2024 (Gmt+09:00)
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Earnings
Hyundai Motor logs highest-ever Q3 revenue; margin drops
Hyundai Motor Co. on Thursday reported its worst quarterly profit margin for this year, despite delivering its highest-ever revenue for a third quar...
Oct 24, 2024 (Gmt+09:00)
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Logistics
Hyundai Glovis introduces EV drill lance on car carriers
South Korea's Hyundai Glovis Co. said on Thursday that it will introduce a special fire suppression tool, the EV (Electric Vehicle) - Drill Lance, f...
Oct 24, 2024 (Gmt+09:00)
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Logistics
Samsung SDS, Korea Air Force to cooperate on military logistics
South Korea's Samsung SDS Co. said on Tuesday it signed an agreement with the Korea Air Force Headquarters to cooperate on the digital transformatio...
Oct 24, 2024 (Gmt+09:00)
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Automobiles
Hyundai, SNU, POSTECH, KIST build joint robotics lab
Hyundai Motor Group said on Wednesday that it established a joint robotics research lab in collaboration with South Korea's top research institution...
Oct 23, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor Group wins Cars.com's 2025 Top Pick EV Awards
Hyundai Motor Group said on Wednesday Hyundai Motor Co. ‘s IONIQ electric vehicles (EVs) and Kia Corp. ‘s EV9 have each been awarded 202...
Oct 23, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Asset taps US for Korean defense ETF listing
Hanwha Asset Management Co., a financial service sibling of South Korea’s major defense and aerospace developer Hanwha Aerospace Co., is seeki...
Oct 22, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor debuts on Indian bourses in its 1st offshore IPO
MUMBAI -- Hyundai Motor Co.'s Indian unit debuted on India's stock market on Tuesday as the South Korean carmaker bets big on the South Asian countr...
Oct 22, 2024 (Gmt+09:00)
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Banking & Finance
Mirae Asset's retirement pension reserves rise by $2.9 bn in 2024
South Korea's Mirae Asset Securities Co. said on Tuesday that its defined contribution (DC) retirement pension and individual retirement pension (IR...
Oct 22, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc takes control of key shareholder in management feud with MBK
Korea Zinc Inc. succeeded in taking control of Young Poong Precision Corp., a key player in the management battle against North Asia-focused private...
Oct 22, 2024 (Gmt+09:00)
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Business & Politics
Hyundai E&C, South Australia sign renewable energy, infrastructure deal
South Korea’s Hyundai Engineering & Construction Co. said on Tuesday it has signed a comprehensive deal on cooperation in the renewable en...
Oct 22, 2024 (Gmt+09:00)
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