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LG Corp. (003550.KS)
| Previous close | 80,500.00 |
| Open | 81,200.00 |
| Bid | 82,900.00 x N/A |
| Ask | 83,000.00 x N/A |
| Day's range | 80,800.00 - 83,400.00 |
| 52-week range | 71,200.00 - 103,600.00 |
| Volume | |
| Avg. volume | 182,363 |
| Market cap | 12.634T |
| Beta (5Y monthly) | 0.79 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 08 Aug 2024 |
| Forward dividend & yield | 3,100.00 (3.85%) |
| Ex-dividend date | 27 Dec 2023 |
| 1y target est | 112,500.00 |
ReutersExclusive-LGES in talks with Chinese material firms to make low-cost EV batteries for Europe
SEOUL (Reuters) -South Korea's LG Energy Solution (LGES) is in talks with about three Chinese suppliers to produce low-cost electric vehicle batteries for Europe, a senior executive said, with competition set to intensify after the EU slapped extra tariffs on China-built EVs. LGES' potential partnerships come as the global EV industry is grappling with a sharp slowdown in demand, and underscore growing pressure non-Chinese battery firms face from automakers to lower prices to levels matching cheaper Chinese rivals. France's Renault said this month that it would include lithium iron phosphate (LFP) battery technology in its plans to mass produce EVs, choosing LGES and its Chinese rival CATL as partners to build a supply chain in Europe.
- Reuters SG
EMERGING MARKETS-Philippine peso, equities steady after cenbank holds rates
(.) * Most Asian currencies largely unchanged * Philippine c.bank holds rates steady * Philippine c.bank says rate cut in August is possible * U.S. PCE inflation data in focus By Roshan Thomas June 27 (Reuters) - The Philippine peso and equities in Manila maintained their modest gains after the central bank kept its interest rate unchanged on Thursday as widely expected, while shares in South Korea fell to mark their sharpest decline in over two weeks. The Philippine peso, which rose modestly before the decision, was steady after the Bangko Sentral ng Pilipinas (BSP) maintained its policy rate for a sixth straight meeting, as expected in the Reuters poll. "We see the risk of further upside pressure on the PHP if the central bank chooses to cut rates much ahead of the Fed," said Alan Lau, FX strategist at Maybank.
- Reuters SG
EMERGING MARKETS-South Korea, Taiwan stocks decline; Philippines c.bank in focus
* Most Asian currencies largely unchanged * Philippine c.bank to hold rates - Reuters poll * S. Korea to extend dollar-won onshore trading hours By Roshan Thomas June 27 (Reuters) - South Korean shares lost more than 1% on Thursday to mark their worst day in more than two weeks after U.S. chipmaker Micron's forecast for the current quarter disappointed investors, while the market was waiting for a rate decision in the Philippines. Currencies in the region were largely subdued, with the Indonesian rupiah and the Malaysian ringgit slightly lower, as the dollar lingered near a two-month high ahead of key inflation data due later in the week. Equities in Seoul dropped 1.1% for the worst intraday fall since June 10, as investors assessed the outlook for semiconductor demand from artificial intelligence technologies after Micron's outlook update raised concerns.
