China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries 
BlackRock-Backed Global Ports Deal Faces Uncertainty Amid Cosco Demands 
Eli Lilly and Novo Nordisk Battle for India’s Fast-Growing Obesity Drug Market 
Italy Fines Apple €98.6 Million Over App Store Dominance 
BP Nears $10 Billion Castrol Stake Sale to Stonepeak 
California Regulator Probes Waymo Robotaxi Stalls During San Francisco Power Outage 
U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise 
FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement 
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year 
Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week 
Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks 
RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist 
Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland 
Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs 
Japan Signals Possible Yen Intervention as Currency Weakens Despite BOJ Rate Hike 
Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling 
Hanwha Solutions Corp is spending 338 billion won to boost its annual production of caustic soda in its Yeosu factory by 270,000 tons to 1.11 million tons by 2025,
Also known as sodium hydroxide, caustic soda is a chemical widely used to clean or bleach industrial materials for making rechargeable batteries.
In the case of electric vehicle batteries, caustic soda cleans the impurities in making cathode materials.
The chemical and energy unit of South Korea’s Hanwha Group decided on the investment as it expects the demand for such basic materials to increase rapidly due to the surging demand for electric vehicles.
The demand for caustic soda in South Korea is seen growing over 5 percent to 1.6 million tons by 2025 on an annual basis.
