Singapore markets closed

LG Corp. (003550.KS)

KSE - KSE Delayed Price. Currency in KRW
Add to watchlist
78,600.00+700.00 (+0.90%)
At close: 03:30PM KST
Full screen
Loading interactive chart…
  • Reuters SG

    UPDATE 1-Indonesia targets 33% jump in 2022 investment by tapping resource processing

    Indonesia aims to boost total investment this year by a third, bolstered by an influx of investment into its resource-processing sector, a cabinet minister said on Thursday, after reporting foreign direct investment (FDI) rose 10% in 2021. Southeast Asia's largest economy wants to attract 1,200 trillion rupiah ($83.43 billion) in investment this year, from both domestic and foreign sources, up from 2021's 901.02 trillion rupiah, Investment Minister Bahlil Lahadalia told an online news conference.

  • Reuters

    GM digs in with LG Corp to speed a fix for Bolt battery fires

    General Motors Co is taking a more direct role with South Korea's LG Corp, its longtime electric vehicle partner, in tracking down and fixing problems linked to battery fires in Chevrolet Bolts that threaten the strategic plans of both companies. At an investor conference on Friday, GM Chief Financial Officer Paul Jacobson said LG is working with GM engineers to "clean up the manufacturing process" at LG battery plants and implement some "GM quality metrics." Battery plants in South Korea and Michigan operated by LG Energy Solution (LGES) have been identified by GM as the source of defects behind a rash of battery-related fires in the Bolt that have triggered three recalls and $1.8 billion in warranty set-asides by GM since last November - recalls for which GM still has not implemented a hardware fix.