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Industry
Hanwha Solutions Q1 operating profit up 205 percent to 92.6 billion won
Hanwha Solutions said first-quarter operating profit rose 205.5 percent from a year earlier to 92.6 billion won, while revenue increased 25.5 percent to 3.88 trillion won on a consolidated basis. It marked a return to operating profit for the first time in three quarters since the second quarter of 2025. The company said U.S. solar customs delays eased, plant operations normalised and profitability improved across renewable energy, chemicals and advanced materials.
Industry
Battery industry profit recovery comes into view as lithium prices rise
South Korea\'s battery industry is seen entering a broader uptrend from the first quarter as lithium carbonate spot prices more than doubled to the low $20s per kg. Delayed mine restarts in China tightened supply while strong energy storage system installations supported demand. From the second quarter, higher lithium prices are expected to be reflected in cathode material selling prices, enabling provision reversals and improving profitability. Export data show rising cathode volumes and prices.
Economy
South Korea Q1 economic growth at 1.7 percent, highest in 5 and a half years
South Korea\'s real gross domestic product grew 1.7 percent in the first quarter, the Bank of Korea said on Wednesday, nearly double its February forecast of 0.9 percent. Exports rose 5.1 percent, the biggest increase since the third quarter of 2020, and net exports contributed 1.1 percentage points to growth. Domestic demand also improved, led by higher investment and consumption.
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Economy
Naphtha up 68 percent, ethylene up 61 percent as March producer prices post biggest rise in 4 years
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Industry
hy combines equity, production and IP into one in new overseas business model
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Crypto
Five key moments that shook bitcoin on a word from Trump
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General News
Iran hints at circumventing payments in yuan and bitcoin, signs of cracks in petrodollar system
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Finance
KOSPI nears record high breakout as analysts call for hedges beyond semiconductors
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AI & Enterprise
Jensen Huang hits back at criticism of chip sales to China, calls nuclear weapon analogy \'madness\'
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Finance
Hana Bank signs MOU with Korea Strong SME Association to expand financial support
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AI & Enterprise
Government to introduce AI in care services, support small merchants through public AX shift
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Finance
Woori Bank to inject 3 trillion won in productive finance into Korean defence industry
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Industry
March ICT exports top $40 billion for first time, driven by AI and semiconductors
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Crypto
Why North Korea openly steals cryptocurrency
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People
Park Jong-sung and Jung In-hwa win April South Korea Engineer Award
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Industry
Nongshim targets overseas sales share of at least 60 percent by 2030
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Industry
Middle East conflict dampens tech investment, shakes AI data centre and semiconductor supply chains
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Industry
Samsung Electronics\' 57 trillion won earnings clue emerges in Taiwan as memory distributor posts record sales