The Latest Breaking News on Asian tech

Oil prices stay above $108 and Asian shares decline, tracking Wall Street losses

Asian shares are declining while tracking Wall Street losses

The Independent UK · Sep 11

A POCSO case involving a mining baron that Chennai police tried to close

Trigger warning: This report contains references to child sexual abuse.

Newslaundry · Sep 5

SK Hynix Stock Drops 7.82% in Seoul as KOSPI Suffers Brutal Rout: Brent Above $90, Trump Rules Out Iran Talks

Asian stocks traded sharply lower at the time of writing, led by a more than 5% drop in South Korea’s KOSPI, while semiconductor heavyweights SK Hynix Inc. – ADR (NASDAQ:SKHY) and Samsung Electronics (OTC:SSNLF) also declined sharply.

Benzinga · Aug 19

Why Thailand must rethink growth strategy

It is an undeniable fact that the Thai economy needs to transform. Thai people cannot survive on GDP growth of just 2-3%. This is not because the country needs rapid growth to improve living standards or remain economically competitive with its neighbours. It is because it needs growth to service…

Bangkok Post · Aug 5

BofA views uneven recovery ahead

The Thai economy is expected to miss the country's potential growth level of 2.5-3% over the next two years, says Bank of America (BofA), noting that the ongoing recovery remains "limited and uneven" while energy supply shocks and price volatility persist.

Bangkok Post · Aug 4

DRAM ETF Sinks Nearly 32% as Margin Calls Hit Memory Stock Investors: Charlie Bilello Warns 'That Almost Never Ends Well'

The Roundhill Memory ETF (BATS:DRAM) has plunged nearly 32% in July as a wave of margin calls strikes over-leveraged memory stock investors.

Benzinga · Aug 3

SK Hynix Stock Soars 22%, Samsung Jumps 19% as Kospi Hits Trading Halt: Dow Futures Climb 151 Points

Asian stocks traded higher at the time of writing, led by a nearly 13% surge in South Korea’s KOSPI, while U.S. stock futures advanced and oil prices remained elevated.

Benzinga · Jul 31

Jim Cramer Slams 'SK Hijinx' as SKHY's Record Earnings Meet Brutal Stock Crash: 'We Will Rue the Day We Let This Monster Into Our Markets...'

CNBC host Jim Cramer has sounded the alarm on SK Hynix Inc. (NASDAQ:SKHY), labeling the South Korean memory giant a "Monster" that is destabilizing global markets as retail margin calls and leveraged gambling overshadow strong chip fundamentals during July’s severe semiconductor rout.

Benzinga · Jul 29

SK Group chairman Chey Tae-won ordered to pay ex-wife Roh Soh-yeong $644 million in divorce settlement, court upholds claim over marital assets

A South Korean appeals court on Friday ordered SK Group Chairman Chey Tae-won to pay his former wife, Roh Soh-yeong, 944 billion won (about $644 million) in cash as part of their long-running divorce property settlement, while reaffirming that Chey's SK shares formed part of the couple's marital assets.

The Times of India · Jul 24

Billionaire businessman ordered to pay ex-wife £480 million in ‘divorce of the century’

SK Group Chairman Chey Tae-won filed for divorce after revealing he was in a relationship with another woman and had a child with her

The Independent UK · Jul 24