Hontiveros: Too early to say there’s already a number for VP conviction

Inquirer.net - Nov 8, 2026

MANILA, Philippines — It’s still premature to say that there is already a number enough to convict or acquit Vice President Sara Duterte as her impeachment trial remains ongoing, according to Sen. Risa Hontiveros. “I think premature for me or for anyone to say that there is already a number for conviction or number for

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Nov 9, 2026

Hoban's rise gives Delta more leverage in Hanjin KAL power battle

Hoban Group’s rise as Hanjin KAL’s largest shareholder is giving Delta Air Lines greater leverage in the power struggle over Korean Air’s holding company as Chairman Cho Won-tae seeks to retain control. Hoban and its affiliates held a 20.69 percent stake in Hanjin KAL as of Wednesday, narrowly surpassing Cho and related parties at 20.58 percent. Cho has agreed to purchase another 325,000 shares for 37.05 billion won ($27 million), which could lift his side’s stake to 21.06 percent and restore its position as the largest shareholder. The increasingly close shareholding structure, however, has heightened the importance of major shareholders outside the two rival camps. Delta owns 14.9 percent of Hanjin KAL, while the state-run Korea Development Bank (KDB) holds 10.58 percent. Together with Cho’s stake, the three parties account for about 46 percent of Hanjin KAL. Excluding KDB from consideration for any future Korean Air deal due to its unique status as a public financial institution, Delta is emerging as an unexpected beneficiary of the renewed power struggle between Cho and Ho

Nov 9, 2026

Battery materials firms ramp up LFP capacity amid rising demand

Battery materials makers are accelerating their expansion into lithium iron phosphate (LFP) materials, as growing demand for energy storage systems (ESS) and non-Chinese supply chains in North America fuels competition to secure production capacity. LFP cathode supply commitments between domestic battery cell makers and materials suppliers are estimated to exceed 210,000 metric tons, according to industry estimates, prompting manufacturers — POSCO Future M, L&F and EcoPro BM — to step up investments. POSCO Future M is expanding its LFP capacity by converting part of its existing high-nickel cathode production lines at its Pohang plant. The company plans to increase annual capacity from about 20,000 tons to as much as 105,000 tons by the end of next year. It also plans to utilize up to 50,000 tons of capacity from CNP New Material Technology, a joint venture with CNGR and Fino. Following a 1.07 trillion won ($784.5 million) LFP cathode material supply deal with SK On in September, POSCO Future M signed another long-term supply contract worth about 6 trillion won with Samsung SDI last

Nov 9, 2026

Innospace to launch upgraded suborbital rocket in Brazil on Nov. 29

Korean space startup Innospace said Monday it plans to launch its upgraded multipurpose suborbital rocket, Sebit, in Brazil on Nov. 29, following an unsuccessful maiden test flight in August. The company has secured a 26-day launch window from Nov. 16 to Dec. 11 at the Alcantara Launch Center in Brazil, in coordination with state-owned aerospace company ALADA, the Brazilian Air Force and the Brazilian Space Agency. The final launch date and time will be determined based on weather conditions, launch readiness and other operational factors. Sebit is a multipurpose suborbital rocket designed to provide commercial testing and validation services. The single-stage rocket is powered by a 4-ton-class hybrid engine and measures 8.7 meters in length and 0.7 meters in diameter. The upcoming flight will mark Sebit's second test launch following a series of technical upgrades aimed at improving its propulsion and flight stability. The improvements include increasing engine thrust from the 3-ton class to the 4-ton class and redesigning the flight control algorithm. The upgrades follow an unsuccessful

Nov 9, 2026

Typhoon Cempaka to enter PAR Monday, briefly stay before exiting Tuesday

MANILA, Philippines — Typhoon Cempaka is expected to enter the Philippine area of responsibility (PAR) on Monday morning and will get the local name Samuel, but is not expected to directly affect the country’s weather, according to the weather bureau. In its 11 p.m. advisory on Sunday, the Philippine Atmospheric, Geophysical and Astronomical Services Administration