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Hedge fund investors are beginning to look beyond the Japanese yen for funding currencies in carry trades, with the Swiss franc emerging as a potential beneficiary of recent intervention in the…
[Economy] : SK hynix has decided to repurchase some 24 million company shares and cancel them as part of a shareholder return plan worth 40 trillion won, or about 28-point-six billion U.S. dollars.
The Korean won strengthened to below the 1,400-won mark against the U.S. dollar for the first time in nearly 11 months, while the KOSPI plunged 5.8 percent on Wednesday.
Korea's investments into startups for the first half of 2026 marked a record high for the six-month period, amid active investments into cutting-edge technologies, such as artificial intelligence (AI)…
SK hynix said Wednesday it will buy back 40 trillion won ($28.6 million) worth of its own shares within the next three months and will cancel them.
