South Korean conglomerate SK Group has announced $22 billion in investments in the United States across a broad complex of sectors, including large-capacity batteries, electric vehicle charging manufacturing, semiconductor manufacturing, and pharmaceuticals.
This is in addition to the company's recent announcement of a $7 billion investment in EV batteries.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.