17 stories found
Shares of German aerospace firm OHB, Chinese lender China Merchants Bank, and South Korean battery maker SK Innovation all posted significant intraday increases. Market analysts attribute the rallies to sector-specific developments and renewed investor interest.
South Korea's leading oil refiner SK Innovation announced plans to integrate its battery materials division directly into the parent company to streamline operations.
Major tech companies like Amazon and Microsoft reported strong earnings driven by significant investments in AI, while Apple warned of future supply constraints impacting Mac, iPhone, and iPad sales, leading to a projected slowdown in September-quarter growth.
SK Innovation Co., a leading South Korean refiner, announced it swung to a net profit in the first quarter, driven by inventory-related gains, higher oil prices, and improved refining margins.
SK Innovation CEO Choo Hyeong-wook dismissed concerns over a potential stake sale of SK On, reaffirming the group's strong commitment to its battery business at a shareholders meeting in Seoul.
SK Group Chairman Chey Tae-won met To Lam, general secretary of Vietnam's Communist Party in Washington to discuss cooperation in the energy and industrial sectors. According to a LinkedIn post by consulting firm The Asia Group on Thursday, the meeting took place on Feb. 20 during a TAG-hosted event in Washington. SK Innovation CEO Choo Hyeong-wook and TAG Chairman Kurt Campbell attended the talks. Chey was visiting Washington to attend the Trans-Pacific Dialogue hosted by the Chey Institute for
Following the discovery of victims' remains and mounting public pressure, South Korean authorities have launched a comprehensive review of previously closed missing persons cases. The investigation has escalated into a national scandal, prompting high-level government scrutiny and procedural reforms.
SK Innovation approved a merger to bring its battery separator unit, SK IE Technology, back under direct corporate control five years after the subsidiary's public listing.
SK Innovation E&S will bring 300,000 barrels of condensate from Australia’s Barossa gas field into Korea in early August, marking the project’s first condensate shipment to the country.
SK Innovation reported first-quarter profits that exceeded estimates but cautioned that a full recovery in its refining business would take time.
SK Innovation plans to invest US$380 million in SK Hynix's artificial intelligence affiliate in the United States.
SK Innovation has been selected to develop a $2.3 billion liquefied natural gas power project in Vietnam, marking a significant expansion in its global LNG operations.
South Korean battery maker SK Innovation plans to fully absorb SKIET, its struggling battery separator unit, to streamline operations and address financial difficulties.
South Korean Prime Minister Han Duck-soo met with Bill Gates to discuss cooperation on small modular reactors (SMRs) and AI energy needs. This follows a preliminary deal between US-based TerraPower and South Korean companies SK Innovation and HD Hyundai to collaborate on advanced nuclear projects globally.
SK Innovation said Tuesday that a consortium formed with PetroVietnam Power and Vietnamese partner NASU, an affiliate of TH Group, held a groundbreaking ceremony for the Quynh Lap liquefied natural…
LX Pantos said Sunday that it is teaming up with SK Innovation E&S to expand solar power projects across logistics centers, as part of a broader push to integrate renewable energy into logistics…
SK Innovation announced plans to invest US$380 million in SK Hynix's artificial intelligence (AI) affiliate based in the United States, signaling a strategic move into the AI sector.