Heekyong Yang
Stories by Heekyong Yang
Hyundai Motor picks first foreign CEO in reshuffle as it braces for Trump
Leadership change will enhance global competitiveness, the automaker said in a statement.
BlackRock, Fidelity snap up Hyundai India shares in record $3.3b IPO
The Government of Singapore and BlackRock together picked up stakes worth a total of $77.3 million
Hyundai India flags off $3.3b IPO in country’s largest ever share sale
Hyundai will not issue new shares in the IPO.
PE firm MBK Partners, Young Poong raise tender offer for Korea Zinc to $1.9b
The new tender offer, valued at $1.88b, has an extended deadline of Oct 14.
Hyundai plots India SUV rollout as domestic competition mounts ahead of IPO
The SUV rollout will begin with its first India-made electric vehicle early next year.
South Korea’s SK Innovation to merge with SK E&S as part of overhaul
The move creates a 100 trillion won ($72.57 billion) asset company.
S Korea’s Asiana Airlines board decides to sell off cargo unit
Korean Air's acquisition plan still needs approval from the EU, US, and Japan.
Asiana Airlines board to reconvene board meeting to decide on Korean Air merger
Asiana creditors have been looking for a new owner of the debt-laden carrier for several years.
Hyundai raises EV investment to $28b, to reduce China operations
It also raised its EV sales target to 2 million units by 2030 from 1.87 million.
US likely to cap level of S Korean chips made in China
There have been no specific discussions between Korea and the US on setting the cap.
