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Kospi jumps over 8% on Iran peace deal hopes; world's best-performing market up 94% YTDSouth Korean stocks surged on Friday, with the KOSPI jumping as much as 8.5%, driven by optimism that Middle East tensions could ease after...- South Korean shares end 8% higher as Samsung hits record on pay dealSouth Korean shares surged 8% on Thursday, led by Samsung Electronics reaching a record high after a labor deal averted a strike, easing ec...
- India's auto demand to hold steady for 2-3 quarters, but global risks loom over exports, marginsIndia's auto sector is set for continued strong demand for the next 2-3 quarters. Elevated growth is anticipated through CY26. This positiv...
- Indian car companies begin FY27 on a strong note despite geopolitical uncertaintiesIndian car sales surged 25% in April, reaching 445,417 units, driven by sustained demand post GST cuts and government incentives. Market le...
- EV founders say PLI Auto needs an overhaul, leaves startup at a disadvantageElectric vehicle startups are pushing back against the current production-linked incentive (PLI) scheme for automobiles, arguing its string...
- Startups seek digital gold rules; IT firms bet on freshersHappy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...
- Global Markets | South Korean shares dip, but mark second weekly gain on Iran ceasefire hopesSouth Korean stocks ended lower Friday but secured a second weekly gain. Hopes for a U.S.-Iran ceasefire boosted sentiment. The Korean won ...
- Global Markets | South Korean shares hit highest since late February, chipmakers jumpSouth Korean stock markets surged on Thursday, reaching their highest point since late February. This rally was fueled by optimism surround...
- Global Markets | S.Korean shares log highest close since Feb on hopes of US-Iran talksSouth Korean shares climbed to their highest close since February as optimism over renewed US-Iran talks boosted global risk sentiment and ...
- South Korea's Kia cuts 2030 EV target over 20%, plans humanoid robots at US factoryThe automaker also trimmed its total vehicle sales goal, targeting 4.13 million vehicles by 2030, down from an earlier target of 4.19 mill...
- Hyundai Motor flags export disruptions as Middle East conflict hits shippingHyundai Motor faces export disruptions due to the Middle East conflict. Shipments to Europe and North Africa are delayed, increasing costs....
- South Korean shares fall 3%, won hits 17-year low on Mideast worriesSouth Korean financial markets experienced a significant downturn on Monday. The main stock index, KOSPI, dropped by almost 3%. The nationa...
- More than 50 injured as fire breaks out at auto parts plant in South Korea: ReportA major fire erupted at a car parts factory in Daejeon, South Korea. The blaze has resulted in 50 people sustaining injuries. Of these, 35 ...
- Kia targets India hybrid gap with plans for a new compact SUVKia is set to introduce a compact hybrid SUV in India within 18 months, venturing into the dual-powered vehicle segment. This strategic lau...
- Hyundai and Kia to recall nearly 170,000 EVs over software problem in South KoreaHYUNDAI MOTOR-KIA CORP/EV-RECALL (UPDATE 1, PIX)UPDATE 1-Hyundai and Kia to recall nearly 170,000 EVs over software problem in South Korea
- Kia to recall 105,000 Rio cars in RussiaThe recall affects Kia Rio models assembled between 2013 and 2018 at the Hyundai Motor Group factory in the Russian city of St Petersburg, ...
- Hyundai Motor plans to invest $79.2 bn through 2030In late 2020, Hyundai Motor, which together with affiliate Kia Corp is among the world's top 10 biggest automakers by sales, said it would ...
- Hyundai Q1 profit triples, to adjust May auto production due to chip shortageUnlike its rivals, the South Korean automaker staved off production halts in the first quarter, thanks to a healthy chip inventory. But the...
- Hyundai Motor Group names new chief for mobility divisionSong Chang-hyeon will lead the newly established Transportation-as-a-Service (TaaS) division, which will oversee mobility business for Hyun...
- Kia Motors plans India push with small cars after China, US sales dipAbout a dozen companies already make small hatchbacks in India where profit margins are relatively low, a key factor that led General Motor...
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