Day: June 6, 2023

Oil set to snap 7-week winning streak on China woes, Fed rate outlookOil set to snap 7-week winning streak on China woes, Fed rate outlook

Oil prices looked set to snap a seven-week winning streak on Friday as concerns about demand growth in China as its economy slows, and the possibility of higher for longer U.S. rates triggered losses. Major benchmarks were little changed on Friday, with the U.S. West Texas Intermediate crude (WTI) up 10 cents, or 0.1%, at […]

Hyundai Group opens first dedicated EV plant in Korea Kia AutoLand, Executive Chair Euisun Chung says needs to be future-readyHyundai Group opens first dedicated EV plant in Korea Kia AutoLand, Executive Chair Euisun Chung says needs to be future-ready

Hyundai Motor Group (the Group) held its 2024 New Year address at Kia AutoLand Gwangmyeong, its first dedicated electric vehicle (EV) plant in Korea and outlined its future focus area. Under the theme ‘Together, a Valuable Start,’ Hyundai Motor Group Executive Chair Euisun Chung stated, “Our mission this year will be ‘Consistency and Sustainability’ consistently […]