DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
David Merriman - 1 China's Luxshare - 1 Taiwan's Foxconn - 1 Magsound - 1 Japan's Shin - 1 Obayashi - 1 Francesco Guarascio - 1 Khanh Vu - 1
Top related locs:
Vietnam U.S China HANOI SEOUL South Korea Washington Beijing
Top related orgs:
Korea's Star - 2 SGI - 2 Hyundai - 2 Thomson - 2 Apple - 1 Sino - 1 Industrial - 1 U.S . Department of Energy - 1

Search resuls for: "Korea's Star"


2 mentions found


☆ Exclusive: Rare earths magnet firms turn to Vietnam in China hedge
  + stars: | 2023-08-22 | by ( Francesco Guarascio Ju-Min Park | Francesco Guarascio | Ju-Min Park | ) www.reuters.com   time to read: +6 min
China is dominant in magnets and the rare earth metals they are made from. Magnet makers are also drawn to Vietnam by low labour costs and market access afforded by multiple free-trade deals. It said it sources most of its rare earths from China but is seeking alternative sources in Vietnam and Australia and plans to develop a processing facility in Vietnam. A similar request from clients prompted another Chinese magnet maker, Magsound, to decide to open a factory in Vietnam in the first half of next year, the two people said. In April, Australia's Strategic Materials (ASM.AX) signed a deal with a Vietnamese refiner that committed to supplying rare earths for export to South Korea.
Persons: David Merriman, China's Luxshare, Taiwan's Foxconn, Magsound, Japan's Shin, Obayashi, Francesco Guarascio, Khanh Vu, Mai Nguyen, Christopher Cushing Organizations: Apple, Sino, Korea's Star, Industrial, SGI, U.S . Department of Energy, South, Reuters, VinFast, Hyundai, China's, Luxshare, Thomson Locations: China, HANOI, SEOUL, Vietnam, U.S, South Korea, Washington, Beijing, Australia, Hanoi
☆ VinFast shares more than double to highest since market debut
  + stars: | 2023-08-22 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Mike Blake/File Photo Acquire Licensing RightsAug 22 (Reuters) - VinFast's shares more than doubled on Tuesday to the highest since Vietnamese electric vehicle maker's blowout Wall Street debut after Reuters reported that South Korea's Star Group Industrial plans to open factory in Vietnam. In the latest volatile session since its backdoor listing last week, VinFast's stock was last up 127% at $40.24, giving it a market capitalization of $95 billion. The stock traded as high as $46.98 earlier in the session. The stock was the second highest on trading website Stocktwits "Trending" list on Tuesday, suggesting it has attracted the interest of individual investors. About $428 million worth of VinFast's shares had been traded as of mid-day, compared to Tesla's (TSLA.O) turnover of over $17 billion.
Persons: Mike Blake, Black, Pham Nhat Vuong, Noel Randewich, David Evans Organizations: Los Angeles Auto, REUTERS, Reuters, Korea's Star, Hyundai, SGI, Thomson Locations: Los Angeles , California, U.S, Vietnam
0 next >>
Total: 2