Hyundai Motor made an equity investment in a U.S. EV charging startup last year, according to its annual financial report.
The Financial Supervisory Service (FSS) on Monday laid out a compensation plan for sellers of the Hong Kong-tied ELS, which has caused 1.2 trillion won ($910.5 million) in losses in the first two months of this year.
Ryan O'Connor will bring over 17 years of experience as Mirae shakes up its corporate organization.
President Yoon Suk Yeol promised more deregulation and incentives to provide the best possible environment for investors in a meeting with the executives of foreign companies in Korea on Wednesday.
Assets managed by Mirae Asset Global Investments' Canadian subsidiary surpassed 30 billion Canadian dollars ($22.4 billion) to become the fourth largest asset management operator in the country, said Mirae on Thursday.
Foreign investment pledges in Korea hit a record of $37.2 billion in 2023, up 7.5 percent on year, showed data from the Ministry of Trade, Industry and Energy on Thursday.
Mirae Asset Global Investments named Vice Chairman Rhie Chun-yong as the new CEO of the asset management company.
Mirae Asset Global Investments has acquired robo-advisor Stockspot, securing 53 percent of the Sydney-based firm worth 28 million Australian dollars ($18 million), the financial firm announced Wednesday.
Foreign investors sold a total of 322 billion won ($247.1 million) worth of Korean stocks in June, turning to net sellers in three months, data showed Sunday.
President Yoon Suk Yeol stressed the importance of sales diplomacy in attracting large investments to overcome global crises as he reviewed the results of his trip to France and Vietnam last week in a Cabinet meeting Tuesday.
Korea JoongAng Daily Sitemap