Hot Topics
Korea Stock Exchange
-
Hyundai, Kia mileage claims to harm brand value, Interbrand says
… Protection Agency has found. Hyundai tumbled 7.2 percent, the most since August 2011, to close at 199,500 won on the Korea exchange . Kia lost 6.9 percent to 56,300 won, the lowest since February 2011. The two stocks were the biggest drag on the …
-
Hyundai shares rises after union says it will resume talks
… even as workers staged a one-day walkout. The shares rose 3.4 percent to 226,000 won at the 3 p.m. close on the Korea Exchange , their biggest gain since June 18 and ending a six-day streak of declines. Affiliate Kia climbed 2.5 percent as the …
-
Renault Samsung denies report of IPO plans
… day of next month," he was quoted as saying. Renault Samsung posted 5.2 trillion won ($4.9 billion) in sales and 3.4 billion won in operating profit last year, according to its report to the Korea Exchange . Source: Reuters
-
Kia shares rise after reaching wage agreement with workers
… earlier as it sold 30 percent more overseas, the company said July 1. Kia shares advanced 2.5 percent to 76,900 won as of 1 p.m. on the Korea Exchange , compared with the benchmark Kospi index gain of 1 percent. Source: Bloomberg
-
Kia shares rise after reaching wage agreement with workers
… averting a strike for a second straight year. The carmaker advanced 2.5 percent to 76,900 won as of 1 p.m. on the Korea Exchange , compared with the benchmark Kospi index gain of 1 percent. Kia is set to join GM Korea Co. and Ssangyong Motor Co …
-
Hyundai, Kia lead South Korean automakers' November sales higher
… 569 vehicles last month, 1.4 percent more than a year earlier, the Seoul-based carmaker said in a statement to the Korea Exchange . Sales outside South Korea rose 5.5 percent, while sales at home fell 13 percent partly because a strike at a plant …
-
Mahindra named preferred bidder for Korea's bankrupt Ssangyong
… with Mahindra by the end of August and aims to sign a contract for the sale in November, it said in a statement to the Korea Exchange . The company will begin talks with Indian rolling stock maker Raghav Industries Ltd. if negotiations with Mahindra fail …
-
Hyundai Motor to build $275 million local engine plant
… invest 256.9 billion won ($275.2 million) to build a local engine plant. Hyundai said in a filing with the Korea Exchange the plant would be located within its existing car manufacturing facility in the southeastern city of Ulsan.
-
Hyundai scraps joint development plan with ZF
… develop them on its own to enhance its own technology for major automotive parts," the company said in a disclosure to the Korea stock exchange . The South Korean carmaker planned to complete the development by the end of 2007, it added. Officials of ZF in its …
-
Hyundai eyes European plant, Czech Republic in race
… other part of Europe to strengthen our business in the European market," Hyundai Motor said in a public disclosure to the Korea Exchange . "No details have been set". A Hyundai Motor spokesman said on Tuesday the company was looking at a couple of countries …
-
GM Daewoo to acquire major Daewoo plant on Sept. 30
… meeting decided to acquire key assets and some debt at Daewoo Incheon Motor," GM Daewoo said in a disclosure filing to the Korea Exchange . Full financial terms were not revealed, but GM Daewoo said it would assume debt worth up to $15 million. The acquisition …
-
Hyundai Motor considers buying Mando
… Siemens AG are competing. "Our company is considering acquiring Mando to gain strength in chassis parts and enhance our cars' competitiveness, but no details have been set yet," Hyundai Motor said in a filing to the Korea Exchange .
-
Hyundai Motor in final talks with Siemens on joint venture
… with Siemens over setting up a joint venture in electronics control system operations," Hyundai said in a filing to the Korea Exchange . Hyundai would announce progress in negotiations on the joint venture, to be set up in South Korea, within the next 30 …
-
Hyundai Mobis: Ties that bind - and confuse
… governance hasn't kept foreign investors from being big buyers of the three companies' shares, which trade on the Korea stock exchange . Overseas investors - mostly institutions and funds - hold 45 percent of Hyundai Motor's stock, 35 percent of Kia …
-
Hyundai Motor to set up $780 million China venture
… trucks, 10,000 buses and engines for 50,000 small-size commercial cars a year by 2010, it said in a filing to the Korea Stock Exchange . "A great deal of new demand is expected to be created in China's commercial vehicle market following explosive growth …
-
Hyundai to set up $780 million China venture
… 000 trucks, 10,000 buses and engines for 50,000 small commercial cars a year by 2010, it said in a filing to the Korea Stock Exchange . "A great deal of new demand is expected to be created in China's commercial-vehicle market following explosive …
-
Hyundai Motor says to absorb engine unit
… focusing our capacity on developing engines for large-size commercial vehicles," the company said in a filing to the Korea Stock Exchange . The venture was set up with the U.S.-German auto giant, but Hyundai bought another half of the stake in the unit …
-
Hyundai to absorb engine unit
… focusing our capacity on developing engines for large-size commercial vehicles," the company said in a filing to the Korea Stock Exchange . The venture was set up with the U.S.-German auto giant, but Hyundai bought another half of the stake in the unit …
-
Hankook Tire mulls tire plant in eastern Europe
… a plant in eastern Europe but have yet to pick a country or decide the value of investment," Hankook said after the Korea Stock Exchange asked it to clarify market talk it was considering building a plant in Poland. South Korean companies have been increasingly …
-
Hyundai units buy Hanbo to secure car steel supply
… internal and external steel demand, including cold-rolled coil demand for cars," Hysco said in the filing to the Korea Stock Exchange . The takeover will take place on August 31, the companies said. The price is roughly in line with analysts' expectations …
