Workers in Samsung Electronics' KRX:005930 smartphone, television and home appliance division will stage a rally on July 16, their union said, to protest the big bonuses the company's chip workers have negotiated.($1 = 1,529.3000 won)
A look at the day ahead in European and global markets from Wayne Cole.It's been one of the quietest starts to a week in ages, with no new wars, or tariffs and much of the world watching the football.There has been no reported progress in U.S.-Iran peace talks, but at least the Strait of Hormuz is…
South Korean chipmaker SK Hynix KRX:000660 will launch a U.S. listing on Monday to raise about $28 billion, according to regulatory filings, as it capitalises on the global artificial intelligence boom with one of the world's largest new share sales.The company will sell 17.79 million new shares in…
Round-up of South Korean financial markets:** South Korean shares fell on Monday, as technology shares lost momentum, with chipmaker SK Hynix preparing to list $29 billion American depositary receipts on the Nasdaq. The won weakened, while the benchmark bond yield fell.** The benchmark KOSPI KRX:KO…
South Korean stocks staged a sharp rebound Friday as investors moved back into the market following a nearly 10% drop over the previous two sessions. The Kospi Index gained 5.8%, helped by strong rallies in Samsung Electronics (SSNLF) and SK Hynix (HXSCL), which both rose more than 8%. The move cam…
