IONIQ 7
Scope
Date
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Automobiles
Self-driving car stocks to lead auto sector shares in 2022
Self-driving car-related shares failed to draw attention last year as investors focused on electric vehicles and the autonomous vehicle value chain ...
Jan 05, 2022 (Gmt+09:00)
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Future mobility
Hyundai’s Chung charts vision as top-tier eco-friendly auto brand
South Korea’s top automaker Hyundai Motor Group on Monday set out its vision to be a top-tier eco-friendly auto brand with its focus on electr...
Jan 03, 2022 (Gmt+09:00)
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Pension funds
NPS posts 7.6% return as of October 2021
South Korea’s National Pension Service (NPS) posted a 7.6% rate of return as of October 2021, according to a preliminary data report by its in...
Jan 03, 2022 (Gmt+09:00)
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Year-end review
Korea’s Ants dump single-day record $2.7 bn shares, turn eyes overseas
South Korea’s retail investors on Tuesday dumped 3.16 trillion won ($2.7 billion) worth of shares on the country’s two main stock market...
Dec 29, 2021 (Gmt+09:00)
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Future mobility
Hyundai’s Motional, Uber to launch self-driving food delivery service
Motional Inc., a US mobility joint venture between Hyundai Motor Co. and Aptiv PLC, has teamed up with Uber Technologies Inc. to provide an autonomo...
Dec 17, 2021 (Gmt+09:00)
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Cryptocurrencies
Dunamu boasts accumulated Q3 net profit of $1.7 bn, vows to go global
Dunamu Inc., the operator of Korea’s largest cryptocurrency exchange Upbit, has announced that its accumulated third-quarter net profit came i...
Dec 15, 2021 (Gmt+09:00)
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IPOs
Hyundai Oilbank applies for first-half IPO in 2022
Hyundai Oilbank Co., part of South Korea's Hyundai Heavy Industries Holdings Co., on Monday submitted an application for an initial public offering,...
Dec 14, 2021 (Gmt+09:00)
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IPOs
Hyundai Oilbank to start IPO process this month
South Korean refiner Hyundai Oilbank Co. plans to begin the process for a stock market listing in the first half of 2022 as early as this month with...
Dec 02, 2021 (Gmt+09:00)
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Economy
Korean inflation nears 10-year peak in November, fanning rate hike views
South Korea’s consumer inflation hit a near-decade peak in November, fanning expectations that the central bank will raise interest rates agai...
Dec 02, 2021 (Gmt+09:00)
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Energy
Hyundai wins $1.7 bn natural gas field project order from Aramco
South Korea’s Hyundai Engineering Co. and Hyundai Engineering & Construction Co. (Hyundai E&C), both carmaker giant Hyundai Motor Gr...
Nov 30, 2021 (Gmt+09:00)
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Pension funds
NPS posts $56.5 bn return for first three quarters of 2021
South Korea's National Pension Service (NPS) Investment Management said on Nov. 29 it earned 67.4 trillion won ($56.5 billion) return for the first ...
Nov 29, 2021 (Gmt+09:00)
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Electric vehicles
IONIQ 7 to beome home on wheels with LG appliances
Hyundai Motor Co.’s IONIQ 7, its new all-electric sport utility vehicle to be launched in 2024, will be equipped with the home appliances of L...
Nov 29, 2021 (Gmt+09:00)
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Future mobility
Hyundai to run IONIQ 5 self-driving robotaxi pilot service in H1, 2022
South Korea’s top automaker Hyundai Motor Co. will launch a pilot service of its first autonomous robotaxi based on its electric SUV, the IONI...
Nov 25, 2021 (Gmt+09:00)
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Advertising & Marketing
Hyundai’s IONIQ 5, Tucson to hit big screen in Spider-Man: No Way Home
Hyundai Motor Co.'s all-electric IONIQ 5 SUV and the flagship SUV Tucson will be featured in Sony Pictures’ upcoming film Spider-Man: No Way Hom...
Nov 23, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia stun LA auto show with SEVEN, EV9 concept cars
Hyundai Motor Co. and sister firm Kia Corp. on Thursday unveiled their latest concept sport utility vehicles at the Los Angeles Auto Show as the two...
Nov 18, 2021 (Gmt+09:00)
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Markets
Koreans log $5.7 bn loss in Q3 from overseas stock investments
South Korean investors suffered a $5.7 billion loss in the third quarter from overseas stock investments on weak foreign shares. Individual investor...
Nov 18, 2021 (Gmt+09:00)
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Steel
Dongkuk eyes $1.7 billion sales from color steel business in 2030
Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, said on Monday that it aims to grow its color coated steel business to 2 trill...
Nov 08, 2021 (Gmt+09:00)
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Automobiles
Hyundai mulls reentry into Japan with EVs, FCEVs
Hyundai Motor Co. is considering a return to Japan with electric vehicles and fuel cell electric vehicles after South Korea’s top carmaker r...
Nov 08, 2021 (Gmt+09:00)
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IPOs
Kakao Pay slips on profit-taking after strong KOSPI debut
Kakao Pay Corp. ’s stock tumbled after a strong debut on the South Korean main stock market as investors booked profits, keeping an eye on if ...
Nov 04, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai Motor to debut IONIQ 7 concept in November LA auto show
Hyundai Motor Co. on Thursday revealed teaser images of SEVEN, an all-electric SUV concept that would be the IONIQ 7, its first large-size SUV under...
Nov 04, 2021 (Gmt+09:00)
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Markets
HMM’s stock loses ground on slowing profit growth, overhang woes
South Korea’s largest container liner HMM Co. suffered a tumble in its stock prices despite the rosy outlook on the global shipping industry a...
Oct 28, 2021 (Gmt+09:00)
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Earnings
LG Electronics Q3 profit halves on GM recalls, sales at record-high
LG Electronics Inc. said on Tuesday it expects its third-quarter operating profit to plunge as heavy costs for General Motors Co.’s recall of ...
Oct 12, 2021 (Gmt+09:00)
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Earnings
Samsung Q3 operating profit at 3-year high on chips, Galaxy
Samsung Electronics Co., the world’s top memory chip and smartphone maker, reported its highest operating profit in three years with record ...
Oct 08, 2021 (Gmt+09:00)
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Markets
Kospi lowest in nearly 7 months; outlook dim on inflation, US debt standoff
South Korea's main stock index has fallen below the psychologically important 3,000 points for the first time in nearly seven months, with investors...
Oct 05, 2021 (Gmt+09:00)
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Entertainment
Netflix brings $4.7 bn economic impact to Korean industries: Deloitte
Netflix Inc. has contributed to a socio-economic impact worth 5.6 trillion won ($4.7 billion) across various South Korean industries through the joi...
Sep 29, 2021 (Gmt+09:00)
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EV Batteries
SK Innovation to supply batteries to Hyundai IONIQ 7
SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...
Sep 22, 2021 (Gmt+09:00)
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E-commerce
SoftBank sells part of Coupang shares for $1.7 bn
Vision Fund, led by SoftBank Group founder Masayoshi Son, has sold one-tenth of its shares in South Korea's e-commerce platform Coupang Inc. for $1....
Sep 17, 2021 (Gmt+09:00)
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Chemical Industry
LG Chem, ADM to build JV in US to produce bioplastics made from corn
South Korea’s LG Chem Ltd. said on Tuesday it is jointly building a corn-based bioplastic plant in the US with Archer Daniels Midland Co., a g...
Sep 14, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Daewoo Shipbuilding tops 2021 order target
Daewoo Shipbuilding & Marine Engineering Co. exceeded its order target for this year with a $846 million contract for liquefied natural gas (LNG...
Sep 14, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Kakao drops 10.1%, Naver falls 7.9% on potential big tech crackdown
South Korea may be following China’s lead in cracking down on big tech firms. The country’s two leading tech giants Naver Corp. and Kaka...
Sep 08, 2021 (Gmt+09:00)
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