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LG Electronics reported Q3 revenue of KRW 23.827 trillion, up 8.9% YoY, and operating profit of KRW 781.8 billion, up 13.5% YoY, below market expectations of over KRW 1 trillion. Home appliances and auto parts remained stable, TV benefited from OLED

2026-10-07

LG Electronics reported Q3 revenue of KRW 23.827 trillion, up 8.9% YoY, and operating profit of KRW 781.8 billion, up 13.5% YoY, below market expectations of over KRW 1 trillion. Home appliances and auto parts remained stable, TV benefited from OLED high-end demand and growth in emerging markets, while HVAC — positioned as a new growth engine — saw margins compress due to higher expenses. Seoul-listed shares fell more than 8% intraday after the results.

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2026-10-06

According to a survey of delegates by the London Bullion Market Association (LBMA), the price of gold is expected to reach $5,013 per ounce within a year.

According to a survey of delegates by the London Bullion Market Association (LBMA), the price of gold is expected to reach $5,013 per ounce within a year.
2026-10-06

European Commission president von der Leyen said exporters to the EU will get an additional year to comply with forthcoming EU methane-emissions rules, moving enforcement originally due Jan 2027 to Jan 2028. The rules require EU oil and gas importers

European Commission president von der Leyen said exporters to the EU will get an additional year to comply with forthcoming EU methane-emissions rules, moving enforcement originally due Jan 2027 to Jan 2028. The rules require EU oil and gas importers to report methane emissions from their suppliers. von der Leyen said the extension is intended to help firms avoid extra costs amid elevated energy prices tied to conflicts in the Middle East and Ukraine.
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