Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit 
noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking. 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide 
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
FDA Says No Black Box Warning Planned for COVID-19 Vaccines Despite Safety Debate 
SK materials announced this week that it had renamed the company, and it is now doing business as SK Specialty. The South Korean chemicals firm said that it made this move to underscore its new material business.
SK materials is one of SK Group's subsidiaries, and it will be expanding its business portfolio from its current trade model that is focused on specialty gas for semiconductors and high value-added products or modified raw materials such as wet chemicals and secondary battery materials.
According to Pulse News, the newly renamed SK Specialty is aiming to increase its revenue which has stayed in the mid-600 billion won range or $484 million last year, to more than one trillion won by the year 2025.
The company revealed its new name earlier this week, and with this small change, SK Specialty is hoping to achieve its goal not just in terms of profits but its aim to become a global environmentally-friendly gas and chemical technology firm. Moreover, the new name is said to contain the company's will to lead in the special gas trading sector as well as with its new chemical biz.
Korea's ET News further reported that SK Specialty is banking on its existing and new business to successfully reach its goal. Tit will be boosting its production of monosilane to grow in the battery market, which is also one of its ventures. The said material is a key component in the production of silicon anode materials that are used for making the next-generation battery technology.
"Our new name reflects the company's long-term vision and aspiration to become a sustainable specialty gas and chemical company," SK Specialty president, Kyu Won Lee, said in a press release. "In order to not settle with our current status, we will become the company that our society and customer need."
Finally, SK specialty is also pushing for its research and development (R&D) unit to further strengthen its material commercialization capabilities. The R&D has been set up at the Sejong Campus, and it will focus on advanced materials. This division was launched this year, and it strives to develop new technologies for various materials fit for the next generation.
