South Korea's Lotte Group announced a large-scale reorganization, with 22% of executives being dismissed, and Shin Dong-bin's son promoted to vice president.

South korean retail giant Lotte Group announced on Thursday that it will replace the CEOs of 21 subsidiary companies. This is a large-scale leadership shake-up conducted by the group amid growing concerns over liquidity crisis. Lotte Group stated that Chairman Shin Dong-bin's son and designated heir, Shin Yoo-yeol, has been promoted to vice chairman and will be in charge of managing the company. As part of this restructuring, 22% of the group's executives have stepped down, leading to a 13% reduction in senior positions. The group stated that these adjustments are aimed at streamlining decision-making and improving organizational efficiency.

Global market broadcast.02:00 ET

List of cloud breakout stocks (Part 3) [Ichimoku Kinko Hyo and Cloud Breakout stocks]

○ List of stocks under the cloud market Code Stock Name Closing Price Leading Span A Leading Span B Main board <4180> Appier 1438 1731 1453 <4189> KH NeoChem 202820682040.5 <4203> Sumitomo Bake 36653999.253880.5 <4208> UBE 241626162599 <4215> Takiron CI 868868.75869

Fisco Japan17:53 ET

Conglomerate Lotte to Pledge Seoul Skyscraper as Debt Security

BNN BloombergNov 27 06:16 ET

Rakuten Health Care supervises a new commodity etf that packages supplements based on the meal data of the app.

Print Share: Viber Share Viber Download On November 26, 2024, Rakuten Group Co., Ltd. "Rakuten Health Care" supervised a new product packaging based on the app's meal data, providing 20 easy supplies containing nutrients that are often lacking such as vitamins and iron. - Support - Share: Viber Share Viber Download Operated by Rakuten Group Co., Ltd. (hereinafter referred to as "Rakuten"), you can manage your health favorably while saving points.

Rakuten GroupNov 25 10:00 ET

The Nikkei average started down 281 yen in the afternoon session, with Sakura and Mitsubishi Heavy Industries among those declining.

[Nikkei Average and TOPIX (table)] Nikkei Average; 38070.64; -281.70 TOPIX; 2689.64; -8.65 [Afternoon market opening overview] The Nikkei Average in the afternoon opened at 38070.64 yen, down 281.70 yen from the previous day, slightly reducing the decline from the morning session (38033.22 yen). During the lunch break, the Nikkei 225 futures were strong, ranging from 37950 yen to 38110 yen. The dollar-yen exchange rate is 1 dollar = 154.90-155.00 yen from around 9 AM to 10.

Fisco JapanNov 20 23:15 ET

Idemitsu Kosan, Sumitomo Osaka Cement, etc. (additional) Rating

Upgraded - bullish code stock name brokerage firm previous changed after----------------------------------------------------------<9468>KADOKAWA Macquarie "Neutral" "Outperform" <5233> Taiheiyo Cement Daiwa "2" "1" target stock price change code stock name brokerage firm previous changed after----------------------------------------------

Fisco JapanNov 20 22:29 ET