Tag: South Korea
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Samsung plans up to $80 billion in shareholder returns after SK Hynix buyback
Samsung Electronics plans shareholder returns totaling 90 trillion won to 110 trillion won, including about 30 trillion won in third-quarter cash dividends.
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North Korea fires suspected ballistic missile, Japanese authorities say
SEOUL: North Korea fired a suspected ballistic missile towards the sea on Thursday (Aug 20), Japan’s government and coast guard said.South Korean media also cited South Korea’s military as saying North
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Trump scaling down U.S.-South Korea drills risks more than just joint military readiness
The move by Trump also will start to raise questions about the credibility of Washington’s commitment to alliances.
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SK Hynix shares surge over 12% in Seoul after announcing massive stock buyback
Shares of SK Hynix surged over 12% in Seoul after the company announced a massive stock buyback.
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K-pop group Rescene and fans raise over US$64,000 for Geoje flood relief
Rescene has donated funds to support flood victims and recovery efforts in Geoje, the South Korean city where leader Woni hails from. The group has experienced a meteoric rise in popularity this year.
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Asia’s hydrogen dreams: Region bets on emerging green technology to improve transportation
Asia’s hydrogen train push may be less about rail and more about building a broader hydrogen economy.
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China considering summit with Seoul in November, South Korean foreign ministry says
The possible summit was discussed during Chinese Foreign Minister Wang Yi’s visit to Seoul, where he met his South Korean counterpart Cho Hyun.
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US, South Korea to cut length, scope of military drills after Trump order
The Ulchi Freedom Shield exercise, which began on Aug 17, will now run through Aug 21, instead of the original end date of Aug 27.
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South Korea’s SK hynix unveils record US$28.9 billion share buyback
SEOUL: South Korean chip giant SK hynix said Wednesday (Aug 19) it would buy back a record US$28.9 billion of its own shares as it looks to reassure investors as it is battered by growing worries about the AI investment boom.The company, a key producer of advanced high-bandwidth memory (HBM) chips used to run
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US, South Korea cut short joint drills after Trump criticism
Allies US and South Korea are currently holding joint military exercises. The drills will, however, wrap up earlier than planned after Trump ordered cuts.
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