LG Chem will offer an extra 1.2 billion rupees to aid villagers in India's Andhra Pradesh state, affected by a deadly gas leak at its plant in 2020.
#LGChem #ShinHakcheol #ChandrababuNaidu #gasleak #Visakhapatnam #LGPolymersIndia #LGPI #AndhraPradesh
The Korea Economic Daily
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The Korea Economic Daily is a digital media platform where news and analysis on Korean companies, industries, and financial markets are delivered.
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- Malaysian company asks South Korean operator to open branch; Mongolia firm provides special flight for a deal. #CU #GS25 #Malaysia #Mongolia #BackstreetRookie
- Samsung Biologics says it will spend $5.3 billion to build four more plants to consolidate its CDMO market leadership. #SamsungBiologics #CMO #CDMO #biotech #Lonza #BoehringerIngelheim #Novartis
- Burger King's Korea, Japan operations up for sale by Affinity Equity Partners. #BURGERKINGxMEW #affinityequity
- The Fed funds rate is more likely to be 2-4% than between 0-2%, which means that investors have to engage in a different form of behavior than in recent years, Oaktree's Howard Marks says. #Oaktree #assetmanagement #assetallocation #FederalReserve
- Hyundai is set to build an EV assembly plant in Saudia Arabia to use the kingdom as its Middle East base. #SaudiArabia #HyundaiMotor #ChungEuisun #MohammedbinSalman #Neom #HyundaiKEFICO #Ceer #PIF #Lucid #BinShihon #HankookTire #LGEnergySolution
- U.S. Defense Secretary Peter Hegseth is arranging a visit to South Korea in March to inspect shipyards. He is likely to become the first cabinet-level official from Trump’s second administration to visit Seoul. #PeteHegseth #HanwhaOcean #HDHyundaiHeavy
- LG Chem and China's #Huayou Group will build an LFP cathode materials plant in #Morocco; they aim for tax credits from US Inflation Reduction Act. #LGChem #battery #EVbattery #cathode #LFPbattery #EV #HuayouCobalt #Youshan
- S.Korea’s SK Telecom will acquire a 3% stake in IonQ after handing over its entire stake in IDQ to the US quantum computing firm. #quantum_computing #quantum_networking #quantum_safe_communication #quantum_crypto_solutions #stock_swap
- South Korea’s financial watchdog has referred Bang Si-hyuk, founder and chairman of K-pop powerhouse HYBE Co., to prosecutors over alleged fraudulent stock trading linked to its 2020 initial public offering. #HYBE #BangSihyuk
- Seoul and Washington move to free the $7 billion Iranian funds held in Korea. It would help Korea resume its business ties with Iran and Biden ahead of the US election. #Iransanctions #Iranianfunds #WooriBank #IBK #YoonSukYeol #JCPOA #USsanctionsonIran

