The Latest Breaking News from Kosdaq

South Korea’s Kospi tanks 10% despite US-Iran war optimism. Here are 4 reasons why

South Korea's Kospi plunged more than 10% on Tuesday as a global semiconductor sell-off battered technology heavyweights. SK Hynix tumbled 11% after its US-listed shares hit a record low, while Samsung Electronics fell over 9%, triggering market-wide trading curbs. Rising competition from China and weakness in chip stocks further weighed…

The Economic Times · Jul 28

Storage manufacturer SK hynix raided by South Korean regulators — investigation into supplier FADU intensifies

SK hynix is the fifth organization to be raided by South Korea's watchdog group as part of its investigation into alleged securities fraud on the part of SSD and controller manufacturer Fadu.

Tom’s Hardware · May 8, 2024