Ascentage Pharma shares slide ahead of ADS debut on Nasdaq
Investing.com– Ascentage Pharma Group International (HK:6855) shares plunged on Friday in Hong Kong trading, as investors turned cautious ahead of the biotech firm’s American Depositary Shares (ADS) debut on the Nasdaq later in the day. The sell-off underscores investor caution as
Kia posts operating profit of 12.7 trln won in 2024
SEOUL (Reuters) – South Korean automaker Kia Corp on Friday posted an operating profit of 12.67 trillion won ($8.85 billion) for 2024, with its fourth quarter performance up 10.2% from the previous year. Its revenue target for 2025 was 112.5 trillion
LG Energy Solution flags slowing EV demand, posts first quarterly loss in 3 years
By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) – South Korean battery firm LG Energy Solution (LGES) said it expected electric vehicle demand growth to slow in the near-term, as it posted on Friday a quarterly loss for the first time