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PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: LG Electronics (066570 KS) US subsidiary signed a long-term agreement with AIR Control Concept to supply high-efficiency chillers and other cooling solutions for AI data centres with total capacity of 5GW

StockNow breaking-news AI analysis

The roundup reports LG Electronics’ 5GW-capacity cooling agreement and a range of corporate plans, transactions, operational developments, and investigations in Japan and South Korea.

News detail

JAPAN Honda Motor (7267 JT) - Co. and Taisei (1801 JT) plan to test wireless EV charging at highway speeds as early as FY27, while Applied Intuition will provide vehicle OS and development tools for Honda’s next-generation software-defined vehicles. (Nikkei/Newswires) Kioxia Holdings (285A JT) - Retail investors who bought the Co.’s shares on margin near their peak face paper losses and may need to close positions by around year-end following the recent share-price decline. (Nikkei) Nissan Motor (7201 JT) - Co. plans to install a new large metal-forming press at its Tochigi plant. (Nikkan Kogyo) Panasonic Holdings (6752 JT) - Co. plans to develop humanoid robots for use in factories and warehouses, aiming to begin production by 2029. (Nikkei) Seven & i Holdings (3382 JT) - Co. closed 31 stores in India and ended its five-year franchise partnership with Reliance Retail. (Nikkei) Shionogi (4507 JT) - Co. will acquire US-based biopharma company IntraBio for USD 2bln to expand its rare-disease drug business and US sales network. (Nikkei) Suzuki Motor (7269 JT) - Co.’s new e-Sky electric kei car is expected to be priced at JPY 2.12mln when it launches in Japan next month, undercutting BYD’s entry-level Racco while offering a longer driving range. (Nikkei) Tokyo Electric Power Company Holdings (9501 JT) - Co. has developed an AI system to help prepare nuclear reactor restart applications, with the technology expected to cut related paperwork by around 80%. (Nikkei) Tokyo Electron (8035 JT) - Co. CFO said FY26 operating income is likely to reach JPY 1.00trln. (Nikkei) Toyota Motor (7203 JT) - Co. will launch an updated version of its Sora hydrogen fuel-cell bus developed with Isuzu Motors (7202 JT), extending cruising range to more than 300km. (Nikkei) Other News Japan's GPIF did not discuss allocation at its September meeting, according to Bloomberg. (Newswires) SOUTH KOREA Daewoo Engineering & Construction (047040 KS) - Co. is reportedly considering strategic M&A. (Korea Economic Daily) Korea Electric Power Corp. (015760 KS) - Personal information belonging to around 24,000 Co. employees has been leaked. (Yonhap) LG Electronics (066570 KS) - Co.’s US subsidiary signed a long-term agreement with AIR Control Concept to supply high-efficiency chillers and other cooling solutions for AI data centres with total capacity of 5GW. (Yonhap) Tech Advanced Micro Devices (AMD) CEO Lisa Su will visit South Korea this week to meet semiconductor industry executives and government officials. (Yonhap) Other News South Korean police launched an investigation into hacking at commercial banks. (Yonhap)

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