Browsing Tag
South Korea
206 posts
North Korea fires 700 km ballistic missile days before US-South Korea Ulchi Freedom Shield drills
North Korea has launched another ballistic missile from Wonsan days before the United States and South Korea begin Ulchi Freedom Shield 2026, adding to tensions as Seoul adapts its military planning to drones, electronic warfare and Pyongyang’s growing battlefield experience.
South Korea’s Lotte sells car rental unit to TPG for $925m
TPG's 1.31 trillion won Lotte Rental deal hands Lotte Group liquidity at a discount to the collapsed Affinity bid, with KFTC review still the last hurdle.
SES AI’s Doroni deal is worth up to $1.09m, but only $65,000 is committed
SES AI Corporation will develop a high-energy battery pack for Doroni Aerospace’s H1-X personal eVTOL under a staged framework worth up to $1.09 million, but the commercial opportunity depends on future purchase orders, aircraft funding, flight testing and regulatory progress.
Samsung Biologics is not just buying PolyPeptide. It is buying into the GLP-1 supply chain
Samsung Biologics plans to acquire PolyPeptide for CHF 1.46 billion. Read how the deal targets peptide CDMO capacity and GLP-1 manufacturing demand.
adidas Q2 2026: ADS shares plunge 17% despite record €6.7bn in quarterly sales
adidas posted record €6.7bn Q2 sales and lifted FY26 revenue guidance, yet ADS shares fell 17% as a €924m World Cup marketing bill flagged H2 margin risk.
NAVER, NVIDIA and Brookfield plan $10bn Korea AI factory expansion
NAVER, NVIDIA and Brookfield plan a $10 billion Korea AI factory. Read how 200MW of compute could reshape sovereign AI competition.
Almonty Industries to leave ASX and TSX as Nasdaq becomes centre of tungsten growth strategy
Almonty Industries is withdrawing from the Australian Securities Exchange and Toronto Stock Exchange as trading liquidity and capital increasingly concentrate on Nasdaq. The move simplifies its public-market structure, but Australian CDI holders must decide whether to convert, sell or enter a post-delisting sale facility.
Santos (ASX: STO) loads first Barossa condensate cargo as Q2 delivery narrows the case for H2 cash flow
Santos loaded the first Barossa condensate cargo on 24 July, but the second-half cash flow inflection still hinges on Pikka plateau and the interim dividend.
Trump tariffs hit 60 trading partners as US rebuilds global import tax wall
Washington replaced an expiring tariff with forced-labour duties on 60 economies, keeping a near-universal US import tax floor intact.
Samsung’s new Galaxy watches promise deeper health insights, but can they revive its wearable momentum?
Samsung Electronics is positioning the Galaxy Watch Ultra2 and Galaxy Watch9 as continuous health platforms, combining longer battery life, new cardiovascular and recovery insights, and a clearer split between everyday wellness and specialist outdoor performance.