Glass Lewis refuses to join Elliott in proxy standoff Hyundai Motor gains great supports in a proxy war against hedge fund Elliott Management as a renowned shareholder advisory company sided with the former. Glass Lewis, which offers voting advice for more...
Hyundai decides to downsize Beijing plants China was once the land of milk and honey for Korean companies, which briskly made inroads into the world’s most populous country and chalked up handsome profits. However, the promising territory has turned into a...
After experiencing the worst fine-dust pollution last week, Korean internet users are talking about boycotting Chinese products. What they are most angry about is that Beijing refuses to admit any responsibility for the smog that has blanketed the Korean Peninsula...
The grandson of Nongshim Chairman Shin Chun-ho will join the country’s leading maker of instant noodles, or ramyeon, the Seoul-based company confirmed on March 9. Nongshim said that Shin Sang-yeol, who graduated from Columbia University and worked as an intern...
The Hyundai Ioniq Electric gets full marks in terms of emissions and energy efficiency according to Green NCAP on March 6, 2019. Green NCAP refers to an independent initiative in Europe designed to promote the development of cars, which are...
Elliott publicly pitches five director nominees for Hyundai Hedge fund Elliott Management is continuing to press Hyundai Motor and Hyundai Mobis to accept its proposals ahead of a shareholders meeting slated for March 22. On March 7, Elliott posted videos to...
Out of almost 10 contenders seeking to acquire Korean game publisher Nexon, five have seemingly made it to the next round. Citing investment banking sources, Korean media outlets reported that five had been shortlisted. They include Tencent, Kakao, MBK Partners...
Seoul Motor Show is Korea’s largest automotive fair but compared to prestigious global events in Geneva, Frankfurt and Detroit, it has been regarded as second tier. In particular, criticism ran deep this year as a number of foreign brands...
Comcast Corporation, the No. 2 broadcasting and cable TV company in the world, keeps an eye on Korea to find new revenue sources. The Philadelphia-based cable giant reportedly took part in the heated competition to acquire Nexon, a highly successful...
As far as ABB Korea is concerned, one bad apple is feared to ruin the whole bunch. In late February 2019, Korea’s financial regulator penalized ABB Korea, the Seoul-based unit of Swiss-Swedish multinational ABB, for improper accounting practices together...

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