US Dollar Posts Best Weekly Gain in Over a Month as Middle East Tensions Boost Safe-Haven Demand 
Australia Jobs Surge in June Strengthens Case for More RBA Rate Hikes 
Gold Price Holds Above $4,130 as Fed Rate Outlook and Middle East Tensions Support Safe-Haven Demand 
Europe Economy Faces Recession Risk as Energy Costs and Weak Manufacturing Weigh on Growth 
Global Leaders Push Back as Trump Imposes New Forced Labor Tariffs 
Macquarie Names Greg Ward as CEO, Signaling Stability and Strategic Continuity 
Coca-Cola Raises Diet Coke Prices in India as Iran Conflict Disrupts Can Supply 
Japan CPI Rises in June, but Core Inflation Stays Below BOJ’s 2% Target 
Asian Stocks Rally on AI Spending Optimism as Middle East Tensions Push Oil to Six-Week High 
Cathay Pacific Sees H1 Profit Surge on Strong Travel Demand 
Oil Prices Rise as Houthi Attacks on Saudi Tankers Heighten Middle East Supply Fears 
Japan Manufacturing Growth Holds Strong in July Despite Middle East Uncertainty 
Alaska Air Q3 Outlook Misses Estimates as Higher Fuel Costs Weigh on Profit Forecast 
Oil Prices Head for Weekly Surge as Red Sea Attacks and Kazakhstan Supply Cuts Raise Disruption Fears 
Gold Price Holds Weekly Gain as Middle East Tensions and Fed Rate Outlook Drive Market 
Japan Yen Slides Past 163 as Middle East Tensions Lift US Dollar, Oil Prices 
LG Chem Ltd. will invest 475.4 billion won in a plant to produce 60,000 tons a year of cathode materials and create 187 jobs for the next three years, according to the Ministry of Trade, Industry and Energy said in a statement.
The start of construction of the plant in Gumi, 260 kilometers south of Seoul, is set for next month aiming to produce the material from 2024, says an LG Chem spokesman.
LG Chem has two domestic cathode materials plants, in Cheongju and Iksan, and another in Wuxi, China with a combined output capacity of 80,000 tons of cathode materials a year.
The cathode is the main component of lithium-ion batteries for electric vehicles and electronic gadgets.
