Global Market: Bank of Korea hikes rates again to 3% as growth, inflation stay firmSouth Korea’s central bank raised its benchmark interest rate by 25 basis points to 3% for a second straight meeting, citing stronger-than-...
Global Market: Kospi gains over 1% as Nvidia outlook lifts chipmakersSouth Korean shares rose, led by chipmakers after Nvidia forecast strong AI-driven revenue growth. The KOSPI gained 1.22%, while Samsung El...
Global Market: KOSPI rises as investors await Nvidia results for AI trade cuesSouth Korean shares edged higher on Wednesday as investors turned cautiously optimistic ahead of Nvidia’s quarterly earnings, with semicond...
- Samsung, SK Hynix stand to benefit as Nvidia AI server costs surge
Server manufacturers notified major data center customers, including Microsoft, Google, and Oracle, that prices for Nvidia-based AI systems...
Global Market: SK Hynix workers reject pay deal amid bonus disputeSK Hynix workers narrowly rejected a wage agreement by just 25 votes, with 50.08% opposing the proposed 6.3% pay hike and revised bonus str...
Global Market: Kospi drops 2% as chip stocks tumble ahead of Nvidia earningsSouth Korea’s KOSPI fell nearly 2% as semiconductor stocks declined ahead of Nvidia’s earnings, reflecting investor caution over AI investm...
Global Market: KOSPI drops over 1% as Samsung Electronics slumps on payout concernsSouth Korean shares fell over 1% on Monday, dragged by a sharp decline in Samsung Electronics after its latest shareholder return plans dis...
Explained: Why Samsung shares tanked 8% while rival SK Hynix traded higher on MondaySamsung Electronics shares fell 8% after its record $79 billion shareholder-return plan disappointed investors. The company plans to return...
Samsung Electronics expects shareholder returns up to $80 billion this yearSamsung Electronics anticipates shareholder returns reaching 110 trillion won this year. This includes substantial cash dividends and share...
Samsung Electronics to convene board meeting Friday to discuss shareholder return planSouth Korea's MoneyToday reported on Thursday that the company is set to announce a new shareholder return policy later this month worth ...
Global Market: SK Hynix unveils stock-based bonus plan for South Korean workersSK Hynix has reached a tentative wage agreement that would shift 60% of employee bonuses into company shares and deferred stock compensatio...
Samsung Electroncis to announce more than $72 billion shareholder return programme, media reportsThe South Korean memory-chip maker will hold a board meeting at the end of August to approve a shareholder return plan that includes a spe...
SK Hynix to pay 60% of employee bonuses in company stock under preliminary dealSK-HYNIX-SK Hynix to pay 60South Korean chipmaker SK Hynix has agreed to pay 60% of employee bonuses in shares and the remaining 40% in c...
Samsung Electroncis to announce more than $72 billion shareholder return programme: ReportSamsung Electronics plans a shareholder return policy exceeding one hundred trillion won. This significant announcement follows record prof...
South Korea’s SK Hynix announces buyback after stock crashes 50% in two months, wipes off massive retail wealthSK Hynix announced a record 40 trillion won share buyback and cancellation after its stock plunged nearly 50%. South Korea’s Kospi also tum...
SK Hynix's Korean workers launch unified union amid stalled wage talksThe launch comes as SK Hynix and its existing unions are locking horns over annual wage talks, after the chipmaker posted record quarterly ...
Samsung, SK Hynix rally as Temasek investment report lifts chip stocksSouth Korean chipmakers rallied significantly after a media report surfaced. Temasek Holdings reportedly plans direct investments in Samsun...