HL Group said it would donate 300 million won to support the recovery from wildfires that occurred in Uiseong County, North Gyeongsang Province, and Sancheong County, South Gyeongsang Province. This fundraising initiative was participated in by HL Holdings, HL Mando, and HL D&I Halla, key affiliates...
Recently, Chinese electric vehicle manufacturer BYD announced it has developed a new ultra-fast charging technology, surprising the global market. The global battery industry is highly interested in how BYD has overcome the limits of performance and expense, but BYD has not provided a clear explanat...
Young Poong resolved to distribute 0.04 shares per share as dividends at its regular shareholders' meeting. Accordingly, Young Poong noted that the reciprocal shareholding relationship with Sun Metal Holdings (SMH), a foreign subsidiary of Korea Zinc, has been dissolved, and asserted that exercising...
Last week's new unemployment insurance claims in the United States were reported to be below expert expectations. The U.S. Department of Labor reported on the 27th that new unemployment insurance claims from the 16th to the 22nd recorded 224,000, a decrease of 1,000 compared to the previous week. Th...
The National Pension Fund has decided to support the proposal to amend the articles of incorporation to limit the number of directors to 19 or fewer, which was presented by Chairman Choi Yun-beom at the upcoming shareholders' meeting of Korea Zinc on the 28th. The National Pension Fund's Trustee Res...
The German automotive parts brand MEYLE announced on the 27th that it will begin official communication and marketing activities in the domestic market. MEYLE is the representative brand of Wulf Gaertner Autoparts AG, an automotive parts company located in Hamburg, Germany. It supplies steering syst...
Koo Kwang-mo, chairman of LG Group, emphasized to the heads of subsidiaries that they must have a sense of urgency and shake off the inertia of the past, as well as the discrepancies between strategy and execution. On the 27th, Chairman Koo held the first meeting of this year for the heads of subsid...
As the United States plans to impose a 25% tariff on all imported cars starting next month, South Korea is expected to face relatively significant damage among major automobile-producing countries. The local production ratio of Hyundai Motor Company and Kia in the U.S. is lower than that of foreign ...
Hyundai Motor Group's U.S. eco-friendly car factory, Hyundai Motor Group Metaplant America (HMGMA), has unveiled its operations. Hyundai Motor Group plans to reduce the burden of tariffs imposed by the Donald Trump administration, which will take effect starting April 2, by producing 300,000 pure el...
Chung Eui-sun, chairman of Hyundai Motor Group, met with U.S. President Donald Trump and promised to build a steel mill in the United States. This is expected to earn Hyundai Motor Group a high rating from the Trump administration and lower production expenses by sourcing steel plates in the United ...
