SEOUL, Nov. 22 (Korea Bizwire) — SK hynix Inc., the world’s No. 2 memory chip maker, is slipping in the ranking of market capitalization amid growing concerns about a slump in the semiconductor market. On Monday, SK hynix shares closed at 86,300 won, down 2.38 percent from the previous trading day. The company’s market capitalization [...]
SEOUL, Oct. 14 (Korea Bizwire) — More than half of the government’s high-ranking officials own shares of listed companies, and the most popular stock is Samsung Electronics Co., a market research firm said Thursday. Leaders Index analyzed the portfolio of stocks owned by 118 higher than vice minister-level officials who disclosed their wealth. Among them, [...]
London, Oct. 5 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that under a first tranche of $50 million share buyback (the “Tranche”) in the framework of its $300 million common share buyback program, the Company completed transactions during the period September 26 – September 30, reported in aggregate, based on automatic [...]
Mont-Saint-Guibert (Belgium), Sept. 30 (Korea Bizwire) – In accordance with article 15 of the Law of 2 May 2007 on the disclosure of large shareholdings, Nyxoah SA (Euronext Brussels and Nasdaq: NYXH) publishes the belowinformation following the issue of new shares. Share capital: EUR 4,440,069.16 Total number of securities carrying voting rights: 25,846,279 (all ordinary shares) Total number of voting rights (= denominator): 25,846,279 (all [...]
SEOUL, Aug. 10 (Korea Bizwire) — As a large number of vehicles have suffered from water damage due to the heavy rain that hit Seoul and surrounding regions late Monday, the share prices of non-life insurance companies slipped the following day. Shares of Lotte Insurance closed at 1,740 won on Tuesday, down 1.97 percent from [...]
SEOUL, July 14 (Korea Bizwire) — South Korea’s travel and airline stocks have dropped to new 52-week lows on Tuesday amid a new wave of COVID-19 infections. Shares in Korean Air Lines drop 2.07 percent to 23,650 won on the main Seoul bourse, while those of Asiana Airlines slipped by 4.41 percent to 14,100 won. [...]
London / Turin, June 30 (Korea Bizwire) – CNH Industrial N.V. (CUSIP: N20944 109; ISIN: NL0010545661; TICKER: CNHI) and Iveco Group N.V. (ISIN: NL0015000LU4; TICKER: IVG) announce the final corporate activities related to the spin-off of CNH Industrial N.V.’s On-Highway business to Iveco Group N.V. (“the Demerger”), consummated on January 1, 2022. As of 5pm Eastern Time [...]
SEOUL, June 29 (Korea Bizwire) — Shares in Hyundai Motor Co. and its affiliate Kia Corp. plunged Wednesday, as German authorities have raided the carmakers’ local offices over suspicions they had installed defeat devices on some of their combustion cars. On Wednesday, Hyundai plunged 5.7 percent to 175,500 won (US$135.17), and Kia plummeted 6.1 percent [...]
SEOUL, June 17 (Korea Bizwire) — In the aftermath of BTS’ recent announcement that they will suspend group activities, brokerage firms in South Korea are lowering their target price for Hybe, the management agency of K-pop supergroup, amid expectations of lower future revenues. Hybe shares dived almost 25 percent percent to 145,000 won after BTS’ [...]
SEOUL, June 10 (Korea Bizwire) — Shares of South Korean mobile payment service Kakao Pay Corp. have plunged following the stock sales through block deal by Alipay Singapore Holdings Pte, which is the company’s second-largest shareholder. Kakao Pay employees owning company stock, in turn, are seeing significant losses. On Wednesday, Kakao Pay shed 15.19 percent to [...]