PRE-MARKET AUSTRALIAN AND SOUTH KOREAN STOCKS NEWS: LG Energy Solution (373220 KS) Battery Energy Storage System qualified as NVIDIA DSX Ready BESS, supporting power infrastructure for AI-driven environments
LG Electronics (066570 KS) and Microsoft (MSFT) expanded strategic partnership related to AI and data centres
[MARKET UPDATE] Asia-Pac stocks begin higher following the advances on Wall St, where the Nasdaq outperformed and notched a fresh record close as Meta shares surged over 11% on strong Muse adoption and with AMD reaching the USD 1tln market cap valuation
PRE-MARKET AUSTRALIAN AND SOUTH KOREAN STOCKS NEWS: LG Energy Solution (373220 KS) Battery Energy Storage System qualified as NVIDIA DSX Ready BESS, supporting power infrastructure for AI-driven environments
Saudi airstrike on Yemen's Taiz killed six civilians and wounded eight others, according to Tasnim
Vietnam's leader says a deal with the US is close and denies rerouting China goods
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AUSTRALIA
Bellevue Gold (BGL AT) - Co. FY (AUD) net 7.1mln, EBITDA 237.5mln, rev. 576.3mln, operating cash flow 252.9mln, reaffirmed FY27 guidance. (Dow Jones Newsplus)
BHP (BHP AT) - Co. announced the establishment of a copper pilot with Amazon (AMZN) for a lower-emissions copper market. (Newswires)
CSL (CSL AT) - Co.’s Seqirus will supply the UK with AUJEMFLU flu shots from the 2027/28 season. (Newswires)
Endeavour Group (EDV AT) - Co. appointed former REA Group CEO Owen Wilson as an independent non-executive director, effective upon receipt of regulatory approvals. (Dow Jones Newsplus)
QBE Insurance (QBE AT) - Co. appointed current Pacific CEO Jonathan Groves as CEO, Australia Pacific. (Dow Jones Newsplus)
Virgin Australia (VGN AT) - Co. cancelled flights after cabin crew refused to work on days off amid discontent over pay and working conditions, including expectations to clean aircraft between flights. (The Australian)
SOUTH KOREA
Korea Zinc (010130 KS) - Co.’s USD 7.4bln US manufacturing project cleared an environmental impact assessment. (Yonhap)
LG Energy Solution (373220 KS) - Co.’s Battery Energy Storage System qualified as NVIDIA DSX Ready BESS, supporting power infrastructure for AI-driven environments. (Dow Jones Newsplus)
Property
South Korea - Government aims to supply 1.19mln public sale and rental homes through 2030, mostly in the Seoul metropolitan area, as part of efforts to expand housing support. (Yonhap)
Other News
South Korea and the US still need to resolve a number of issues over the terms of Seoul’s US investment project ahead of the South Korean government’s parliamentary briefing. (Yonhap)
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