Tag: south
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South Korean chip shares surge after Micron flags strong AI-related demand
SEOUL, June 25 : South Korean semiconductor shares rallied on Thursday after U.S. memory chipmaker Micron Technology’s quarterly results and forecast beat expectations, boosting optimism over sustained demand for AI-related chips.Shares of SK Hynix and Samsung Electronics rose as much as 11.6 per cent and 6.2
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South Korea leave Son on the bench, South Africa have to revamp midfield
MONTERREY, Mexico June 24 – South Korea have left talisman Son Heung-min on the bench, while South Africa coach Hugo Broos has had to replace the suspended Teboho Mokoena and Themba Zwane for the Group A clash. • South Korea leave out Son and bring in Oh Hyeon-Gyu, who replaced him in the defeat by…
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North Korean soldier crosses border to South
South Korea’s military says it is investigating the soldier’s reasons for crossing the inner-Korean border. While dozens of North Koreans flee each year, usually via China, crossing directly south is very rare.
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South Korea’s SK Hynix says to raise $29 billion in US ADR listing
SEOUL, June 24 : South Korea’s SK Hynix said on Wednesday it plans to raise 45.45 trillion won ($29.43 billion) via the listing of American Depository receipts (ADR) in the U.S., as it seeks to expand its investor base and production capacity for chips used in artificial intelligence.($1 = 1,544.1400 won)
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MSCI keeps South Korea at emerging market status, cites FX accessibility
SEOUL, June 24 : Global index provider MSCI kept South Korea in its emerging-market category, citing long-standing accessibility issues related to the onshore foreign exchange market in its annual market-classification review. “The Korean won is not deliverable offshore. Even more concerning, onshore liquidit
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South Africa must beat South Korea to make history, says coach Broos
MONTERREY, Mexico, June 23 : South Africa coach Hugo Broos believes his team can make history by reaching the World Cup’s second round for the first time, but said they must beat South Korea in a do-or-die Group A showdown in Monterrey on Wednesday. South Korea have three points after beating the Czech Republ
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South Korea’s finance minister says current FX level ‘excessive’
SEOUL, June 23 : South Korea’s Finance Minister Koo Yun-cheol said at a cabinet meeting on Tuesday that the current foreign exchange level at around mid-1,500 won per U.S. dollar is “excessive” compared to the country’s fundamentals. Asked by South Korean President Lee Jae Myung about why the won is so weak d
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In South Korea, a job or partner at Samsung, SK Hynix is the new ‘A+’ catch
SEOUL, June 23 : The global AI boom has turned South Korean chipmaking giants SK Hynix and Samsung Electronics into stock market darlings. It has also thrust their employees into the top tier of the country’s highly competitive marriage market.South Korean matchmaking firms say people working at the firms are
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Mexico’s comfort zone could open door for urgent Czech Republic
MEXICO CITY, June 22 : Mexico have already booked their place in the knockout stage and guaranteed top spot in Group A, but Wednesday’s match against the Czech Republic may still carry more risk than the standings suggest.The co-hosts enter their last group match at Estadio Azteca with six points from two gam
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South Africa and South Korea seek win in decisive Group A clash
June 22 : South Africa and South Korea both have victory on their agenda for their decisive World Cup Group A clash in Monterrey on Wednesday where similar playing styles could produce an eye-catching spectacle.Co-hosts Mexico, who take on the Czech Republic in Mexico City at the same time, have already secur
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