Lotte Holdings announced on the 26th that Shin Yu-yeol, executive director of Lotte Holdings, was appointed as an inside director at the regular shareholders’ meeting of Lotte Holdings Japan.
Last year, the net profit of domestic banks' overseas branches reached $1.33 billion, marking an increase of $340 million compared to the previous year.
Samsung SDI will unveil the Samsung Battery Box(SBB) 1.5 with enhanced capacity and safety for the first time at ‘InterBattery Europe 2024’ in Munich, Germany, starting on the 19th.
HD Hyundai Heavy Industries(HHI) plans to expand K-ship exports with the Philippines as its key base On the 18th, Hyundai Heavy Industries held a launching ceremony for the 3,200-ton Philippine corvette Miguel Malvar, the lead ship, at its Ulsan headquarters, with high-ranking military officials from the Philippines and South Korea in attendance.
As the US released mixed economic indicators and adjusted the number of interest rate cuts this year from three to one, uncertainty about the direction of interest rates has increased.