SK Hynix, Samsung shares rally as report of Temasek’s investment plans boosts optimism

Both firms saw a brutal sell-off in July as doubts grew over the pace of rapid AI infrastructure buildout

We haven't written up this one. The Business Times - Companies & Markets has the full story — the link below goes straight to it.

This story

This is one outlet's version. Read the fullest account.

SK Hynix, Samsung Shares Extend Gain on Report Temasek to Invest bloomberg.com
SK Hynix, Samsung shares rally after report Temasek to invest straitstimes.com

Read the original at businesstimes.com.sg →

More in Finance & Markets

(LEAD) Asiana shareholders approve merger with Korean Air

SEOUL, Aug. 12 (Yonhap) -- Asiana Airlines Inc., the country's second-largest ca...

3d ago ·en.yna.co.kr

Chinese automaker Chery buys Nissan plant in Africa as EV production shifts to new markets

NAIROBI, Kenya (AP) — Chinese automakers are increasingly shifting from exporting vehicles to building them in Africa, betting that rapid urbanization, a growing middle class and supportive…

3d ago ·apnews.com

Shares are mostly higher in Asia, with Kospi up 4%, while oil prices gain

BANGKOK (AP) — Asian shares were mostly higher Wednesday after U.S. stocks slipped a bit further from their records , while oil prices advanced as doubts persisted over…

3d ago ·apnews.com

JPMorgan raises target for Singapore stocks on robust economic growth

The Straits Times Index may climb up to 7,000 over the next 12 months in a bull case scenario, its analysts said.

3d ago ·straitstimes.com

KOSPI Triggers Buy-Side Sidecar After Chip Rally

A temporary suspension of the validity of program buy orders, or a buy-side sidecar, was triggered on the KOSPI market after the KOSPI 200 futures index jumped more than 5% from the previous session’s…

KOSPI triggered buy-side sidecar on August 12
KOSPI 200 futures index surged over 5%
Semiconductor stocks jumped more than 7%

3d ago ·businesskorea.co.kr

TD Power Systems shares rally over 12% after Q1 profit jumps 72% YoY to Rs 86 crore

TD Power Systems shares surged after the company reported a strong Q1FY27 performance. Profit after tax rose 72% YoY to Rs 86 crore, while revenue and EBITDA jumped 71% and 72%, respectively, driven…

3d ago ·economictimes.indiatimes.com