Why are kerosene prices at a record high in Hokkaido? Prolonged chaos in the Middle East; government to strengthen measures
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Business figures: ABB electrical engineer's orders surge by 40 percent
Bawag increases profit and confirms annual forecast +++ Schneider Electric sets more ambitious targets +++ Nordex increases earnings and raises forecast +++ The Newsblog.
BHP copper production falls by a fifth on lower Chile output
The drop reflected 'planned grade declines and scheduled maintenance, alongside temporary disruptions from severe weather in Chile,' it said.
IMF calls for Pakistan to rationalise tax concessions, bring under-taxed sectors into net
The International Monetary Fund (IMF) has called on Pakistan to rationalise tax concessions and bring under-taxed sectors into the tax net, saying a fairer and more neutral tax system is critical to…
HD Hyundai Wins $1.42 Billion HMM Ship Order
HD Korea Shipbuilding & Offshore Engineering, HD Hyundai’s intermediate holding company for shipbuilding, said on Oct. 20 it signed a shipbuilding contract with HMM for eight 13,000-TEU LNG dual-fuel…
- HD Hyundai secures $1.42 billion contract for eight LNG dual-fuel container ships
- Ships to be built at Ulsan and Yeongam shipyards, delivered by 2029
- Dual-fuel propulsion engines and independent LNG fuel tanks included
HMM's Fleet Expansion Investment Tops 6 Trillion Won This Year With New 2.1 Trillion Won Deal
HMM is accelerating its fleet expansion with a 2.1 trillion won investment to secure 12 additional container vessels, including eight large eco-friendly ships.
- HMM invests 2.1 trillion won in fleet expansion this year
- 12 trillion won total annual spending since 2025
- 8 eco-friendly container ships to be delivered starting 2029
U.S. Stresses Agreed Conditions as Lee Pushes for Early OPCON Return
The U.S. Department of War has reaffirmed its existing position that the military and security conditions mutually agreed upon by South Korea and the United States must be satisfied before the…
- U.S. insists on meeting agreed conditions before OPCON transfer.
- President Lee Jae-myung pushes for early return of OPCON.
- Conditions include securing South Korea's military capabilities and stable security environment.