SK Group to Unveil Carbon Neutrality Blueprint at CES2024
SK Group Set to Unveil Carbon Neutrality Blueprint at ‘CES2024’ SK Group has announced its participation in CES2024, scheduled to take place in Las Vegas, USA from January 9 to 12 next year. The conglomerate will showcase a blueprint for carbon neutrality, demonstrating its commitment to addressing the global climate crisis. Seven affiliates, including SK […]
The Top 30 Stocks in the KOSPI and KOSDAQ Markets: Stocks with the Most Movement in Stock Price
**Market Report Analysis** *Stock Movement Analysis of Top 30 Stocks in KOSPI and KOSDAQ by Market Capitalization* **KOSPI Market Analysis** *SK Innovation: Leading the Slump* SK Innovation witnessed a significant decline in stock price, closing at 134,400 won, marking a 6.08% drop from the previous day. The trading volume surged, reaching 918,209 shares, with institutional […]
KOSPI and KOSDAQ Surge on Ban of Short Selling and Positive Market Sentiment
KOSPI Index Soars by 5.66% on Expectations of Fed Interest Rate Hike Pause The KOSPI index closed at 2,502.37, marking a 5.66% increase. This surge comes after the New York stock market experienced an uptick due to expectations of a pause in Fed interest rate hikes and a slowdown in US employment in October. Major […]
SK Innovation Reports Profit in Q3 Thanks to Strong Performance in Oil Business
SK Innovation Achieves Profit Growth thanks to Strong Performance in Oil Business SK Innovation, a South Korean energy and chemicals company, reported positive financial results in the third quarter of this year. The company’s main business, the oil business, performed exceptionally well, contributing to its overall profitability. Furthermore, SK Innovation successfully reduced its losses in […]
SK Innovation’s Operating Profit Surges in Q3 Thanks to Oil Business and Lowest Battery Division Loss
SK Innovation, a leading energy company, has reported strong financial performance in the third quarter of this year. This impressive result can be attributed to a significant surplus in the oil business, driven by the rise in oil prices, as well as the battery division, SK On, recording its lowest operating loss in any quarter […]
Stock market falls as Tesla’s declining stock price raises concerns about electric vehicle demand
Stocks Experience Sharp Decline as Concerns Mount Over Slowing Electric Vehicle Demand By Seoyeon Yoon, Infostock Daily Reporter The KOSPI index closed at 2,277.99, marking a 1.41% drop. This decline comes as the New York stock market rose due to low-price buyers and major European stock markets experienced gains. Eurozone government bond yields decreased and […]
SK Geocentric and Woowa Brothers Collaborate to Promote Recycling of Plastic Delivery Containers
SK Geocentric and Woowa Brothers have joined forces to promote the recycling of plastic delivery containers. On the 6th, SK Geocentric announced the signing of a ‘MoU for cooperation in chemical recycling of delivery containers’ with Woowa Brothers at the SK Green Campus in Jongno-gu, Seoul. The partnership aims to develop and distribute easily recyclable […]
SK Earth On Achieves Milestone with First Successful Operation of Offshore Mine, Producing Up to 30,000 Barrels per Day
SK Earth On Subsidiary achieves first independent offshore oil production SK Earth On, a subsidiary of SK Innovation focused on resource development, has successfully produced crude oil from its independently operated offshore mine in the South China Sea. This marks a significant milestone for SK Group, which has been involved in overseas resource development since […]
CLX Embarks on a “Smart Tool” Journey with Advanced O&M and Technology
Ulsan CLX, also known as the SK Ulsan Complex, is embarking on its “second leap” by aiming to achieve carbon neutrality and take the lead in the energy transition amidst the climate crisis. Originating as Korea’s first oil refinery in 1964, Ulsan CLX has completed preparations for this new phase of its operations. With the […]
SK Innovation’s Successful Paid-Up Capital Raise Fuels Future Growth Plans
SK Innovation’s paid-up capital raise has been a resounding success, attracting a whopping 10 trillion won in capital. This significant investment will enable SK Innovation to expedite its efforts in securing future plant growth through large-scale investments. Over the course of two days on the 14th and 15th, SK Innovation received a subscription limit of […]
