Day: September 26, 2024

SK On to cut workforce to ride out EV slowdown: sources

SK On, the battery unit of South Korea’s chip-to-construction conglomerate SK Group, will reduce its workforce to ride out the current slowdown in electric vehicle sales, industry sources said Thursday.

SK On has decided to adopt the “workforce effi…

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CPO Futures Extend Winning Streak

KUALA LUMPUR, Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher for the seventh consecutive day on Thursday, driven by stronger export performance and declining CPO production, a trader said.

Palm oil trader David Ng …

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