Bloomberg Hyundai Motor Co. appointed a new chief for its China operations after payment disputes with vendors resulted in temporary shutdowns last month at four of its factories in the automaker’s biggest market. Tao Hung Tan replaced Chang Won-shin as the chief executive officer of Beijing Hyundai Motor starting September 1, the Seoul-based company said, without elaborating on the reasons ...

Bloomberg India plans to finalise trading specifications for the country’s new spot gold exchange in November amid a push to improve transparency in the world’s second-biggest bullion market, people familiar with the matter said. A panel of finance ministry and trade ministry officials, as well as industry groups including refiners, jewelry associations and export and import firms, plan to have ...

Bloomberg McDonald’s Corp.’s South Korean unit is cooperating with government authorities investigating a possible food-contamination case that prompted the company to suspend sales of its bulgogi burger. South Korea’s Ministry of Food and Drug Safety has started a probe into the cause behind some customers taking ill after consuming food at a McDonald’s restaurant in Jeonju, located south of Seoul, ...