Hyundai Motor Co’s U-turn may stutter in South Korea, says KatrinaHamlin:
Hyundai Motor Co. reported net profit in the three months ending March 31 rose 24 percent to 829 billion won . The results announced on April 24 beat an average estimate of 758 billion won net profit from 15 analysts polled by Refinitiv.South Korea’s gross domestic product in the first quarter declined a seasonally adjusted 0.
3 percent from the previous quarter, the worst contraction since a 3.3 percent drop in the fourth quarter of 2008, the Bank of Korea said on April 25. From a year earlier, Asia's fourth-largest economy grew 1.8 percent in the January to March quarter, compared with 2.5 percent growth predicted by a Reuters poll and 3.1 percent in the final quarter of 2018.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Hyundai Motor profit jumps as South Korea, U.S. sales offset China slumpSouth Korea's Hyundai Motor reported a better-than-expected 24 percent jump...
Weiterlesen »
North Korea sidelines leader Kim's right-hand man for Hanoi breakdown: South Korea lawmakerNorth Korea has replaced Kim Jong Un's right-hand man who steered nuclear t...
Weiterlesen »
South Korea economy unexpectedly contracts in first quarter, worst since global financial crisisSouth Korea's economy unexpectedly contracts in the first quarter, marking its worst performance since the global financial crisis and sending the won down
Weiterlesen »
South Korea steps up shift to cleaner energy, sets long-term renewable power targetsSouth Korea plans to boost the share of its energy output generated from renewab...
Weiterlesen »
LG Electronics to suspend mobile phones production in South Korea this year: YonhapSouth Korea's LG Electronics plans to suspend manufacturing of its loss-mak...
Weiterlesen »
South Korea proposes $5.9 billion extra budget to fight air pollution, aid exportsSouth Korea on Wednesday unveiled a proposed 6.7 trillion won ($5.87 billion) su...
Weiterlesen »
Asian shares fall despite strong Wall Street; dollar near 22-month highEquity markets in Asia faltered on Wednesday, amid losses in South Korea and wor...
Weiterlesen »
NKorea issues mild criticism of Bolton over media interviewSEOUL, South Korea (AP) — North Korea on Saturday issued a relatively mild criticism of White House national security adviser John Bolton for calling on North Korea to show more evidence of its...
Weiterlesen »
Hyundai Motor names former Nissan executive Jose Munoz as COOSouth Korean automaker Hyundai Motor on Thursday named former Nissan executive Jose Munoz as its global chief operating officer.
Weiterlesen »
South Korea's economy seen losing steam in first-quarter on weak exports: Reuters pollSouth Korea's first quarter economic growth likely slowed to the weakest pa...
Weiterlesen »