Round-up of South Korean financial markets:** South Korean shares closed lower on Monday, as chipmaker SK Hynix fell ahead of its listing of $29 billion American depositary receipts on the Nasdaq.** The benchmark KOSPI KRX:KOSPI closed down 37.01 points, or 0.46%, at 8,051.33.** SK Hynix KRX:000660…
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…
The benchmark KOSPI rose 1% to around 8,170 on Monday, extending gains from the previous session as technology stocks advanced ahead of key corporate earnings.Investors looked ahead to Samsung Electronics' highly anticipated second-quarter results, which are expected to provide fresh confirmation o…
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…
By Callum KeownMicron stock had a bad end to the holiday-shortened week but there are already signs it could rebound once the Fourth of July celebrations end.The memory-chip maker fell 5.5% on Thursday after a 10.6% slump in the previous session, taking the shares to $975.56--the first time it's cl…
