Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
LG Chem Ltd. posted annual sales of 0.6 trillion won in 2020, up 9.9 percent on strong battery sales to surpass the threshold for the first time.
The net profit jumped 188.9 percent on-year to 1.1 trillion won, and the operating profit soared 185.1 percent to 2.3 trillion won.
LG Chem is targetting 37.3 trillion won in sales in 2021 by focusing on its core businesses, including batteries, materials, petrochemicals, and health care.
Chief Financial Officer Cha Dong-seok noted that the company's sales and profits grew in 2020 despite the COVID-19 pandemic.
The company vows to expand its battery unit's production capacity to meet the growing demand for electric vehicle (EV) batteries.
In early December, LG Chem launched its battery unit, LG Energy Ltd., to grab a bigger chunk of the EV battery market.
The company said it will develop new materials for batteries and expand production capacity to meet the growing demand for EVs, OLED screens, IT products, and materials for e-mobility.
LG Energy Solution's revenue is expected to soar over 50 percent this year due to expanding government subsidies for EVs and renewable energy solutions.
LG Energy Solution supplies EV batteries for nearly all major global carmakers, including Tesla, General Motors, Ford, Renault, Volvo, and Volkswagen, as well as South Korea's Hyundai Motor and Kia Corp.
