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United Kingdom

Joyce Lee

South Korea's Hyundai Motor, LG Chem considering EV battery JV in Indonesia: source

23 Jun 2020

SEOUL Hyundai Motor Group and LG Chem Ltd are considering establishing an electric vehicle (EV) battery manufacturing joint venture in Indonesia, a person familiar with the matter told Reuters on Tuesday.

S.Korea's Hyundai Motor, LG Chem considering EV battery JV in Indonesia -source

23 Jun 2020

SEOUL, June 23 South Korea's Hyundai Motor Group and LG Chem Ltd are considering establishing an electric vehicle (EV) battery cell manufacturing joint venture in Indonesia, a person with direct knowledge of the matter told Reuters on Tuesday.

RPT-S.Korea's wealthy, passed over by pandemic pain, splurge on Porsches and BMWs

21 Jun 2020

* Korea surpasses U.S. as top market for BMW 5 series this year

South Korea's SsangYong Motor looking for possible buyer as Mahindra may exit

19 Jun 2020

SEOUL South Korean sports-utility vehicle maker SsangYong Motor is looking for a potential buyer after India's Mahindra and Mahindra said it could give up its majority stake in the struggling company. SsangYong has picked an advisor to tap markets for a new investor, a spokesman for the South Korean company said on Friday.

South Korea's wealthy, passed over by pandemic pain, splurge on Porsches and BMWs

19 Jun 2020

SEOUL Hwang Min-yong, a 37-year-old South Korean businessman, recently received his black Porsche Cayenne coupe with red leather seats after a seven-month wait and took it out for a spin on a scenic road overlooking a river near Seoul.

Hyundai Development wants to renegotiate Asiana Airlines acquisition after debt jumps

10 Jun 2020

SEOUL South Korea's Hyundai Development Co said on Tuesday it wants new terms for its acquisition of Asiana Airlines after the carrier's already hefty debt burden increased by some $3.8 billion (2.99 billion pounds).

South Korea's Celltrion aims to start in-human COVID-19 drug trial in July

01 Jun 2020

SEOUL South Korea's Celltrion Inc said on Monday its experimental treatment of COVID-19 demonstrated an up to 100-fold reduction in viral load of the disease in animal testing, saying it aims to start in-human clinical trials in late July.

RPT-Softbank-backed Coupang under scrutiny after S.Korea warehouse virus outbreak

31 May 2020

* Warehouse of S.Korea's top e-commerce firm emerges as virus hotbed

Softbank-backed Coupang under scrutiny after South Korea warehouse virus outbreak

29 May 2020

SEOUL Deluged with online orders as the coronavirus epidemic swept South Korea, e-commerce giant Coupang opened a new groceries warehouse and logistics centre near Seoul in March, providing food and other essentials to shoppers sheltering at home.

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