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Joyce Lee

FILE PHOTO: Logo of Hyundai Motor Group on a car outside an automobile showroom is pictured in New Delhi, India, September 6, 2024. REUTERS/Ainnie Arif/File Photo
AutomotiveBusinessElectric Vehicles (EVs)HydrogenIndustryManufacturingNews

Hyundai Motor Group to invest record $16.7 billion in South Korea this year

Hyundai Motor Group plans a record $16.7 billion investment in South Korea, focusing on EVs, R&D, and growth.

Korea Zinc Chairman Yun B. Choi speaks during a press conference in Seoul, South Korea, November 13, 2024.   REUTERS/Kim Hong-Ji
BusinessCritical MineralsNews

Korea Zinc pulls $1.8 billion share sale, turns sights to board fight

Korea Zinc scraps $1.8B share sale plan amid regulatory probe, setting stage for a shareholder battle with Young Poong and MBK.

Yun B. Choi, Chairman of Korea Zinc's board speaks during a press conference in Seoul, South Korea, October 4, 2024.   Yonhap via REUTERS/ File Photo
BusinessCritical MineralsNews

Korea Zinc attempts to fend off takeover with $1.5 billion share buyback

Korea Zinc secures 9.85 per cent in $1.5B buyback to counter investor Young Poong's stake; battle for control drives shares to record highs.

Yun B. Choi, Chairman of Korea Zinc board answers questions from the media during a press conference in Seoul, South Korea, October 4, 2024.   Yonhap via REUTERS
BusinessCritical MineralsElectric Vehicles (EVs)ManufacturingNewsRegulations

Private equity firm MBK, Young Poong raise Korea Zinc tender offer to $1.88 billion

MBK and Young Poong raise bid to 830,000 won per share in takeover battle for Korea Zinc, crucial for EV and tech supply...

FILE PHOTO: A Hyundai logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Hyundai targets 30% rise in sales by 2030, as it doubles hybrid lineups

As demand for EVs slows down, Hyundai's hybrid lineup will double to 14 models in shift to sales targets.

FILE PHOTO: A transmission tower is silhouetted against the setting sun near Kori Nuclear Power Plant in Busan, South Korea, August 18, 2022.   REUTERS/Kim Hong-Ji/File Photo
Carbon ManagementCoalElectricityHydropowerNewsNuclear PowerSolarWind

South Korea plans 70% carbon-free power generation by 2038

The government maintained its plan to add four nuclear plants by 2038, but expects to more than triple solar and wind power output.

FILE PHOTO: The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017.  REUTERS/Kim Hong-Ji/File Photo
BusinessElectric Vehicles (EVs)News

SK Innovation expects solid Q2 refining margins and battery boost

SK Innovation profits up as EV battery division on target to break even despite wider losses and and market uncertainties.

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