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Why Is the Yen Losing Gains From Intervention?

Recent declined have wiped out half of the yen’s recent intervention rally, with traders remaining on alert for further official support. Bloomberg's Insight With Haslinda Amin breaks down the factors at stake. (Source: Bloomberg)

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SK hynix-Backed SPC Becomes Kioxia’s Largest Shareholder

As the largest shareholder of Kioxia Holdings (formerly Toshiba Memory), an enterprise dedicated to NAND flash and heralded as the pride of Japanese semiconductors, changes hands, South Korea’s SK…

  • SK hynix becomes Kioxia's largest shareholder, surpassing former major stakeholder Toshiba.
  • SK hynix holds majority of SPC2's voting rights, pending antitrust approvals.
  • Demand for NAND flash memory drives SK hynix's growing influence in Kioxia.

Asset Managers Reject ETF After-Hours Market Plan

The planned introduction of an after-hours market for exchange-traded funds (ETFs), scheduled on Sep. 14 and set to run from 4 p.m.

  • Asset managers unanimously reject after-hours ETF market plan.
  • Concerns over price calculation uncertainty and risk management.
  • Overheating in leveraged ETF speculation burdens authorities.

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