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SK Hynix Shares Slide Despite Record Profit as AI Chip Demand Fails to Meet Sky-High Expectations
SK Hynix posted a record quarterly operating profit that more than quintupled year-on-year on booming AI memory demand, but shares fell after results missed analyst forecasts.
KOSPI, KOSDAQ Trigger Sell-Side Sidecar for Second Time This Week Amid Sharp Reversal
South Korea's KOSPI and KOSDAQ both activated sell-side circuit breakers known as 'sidecars' on Thursday as futures prices reversed violently from early gains, marking the second such trigger this week amid tech-sector jitters following SK Hynix's disappointing earnings.
Hanwha Investment Cuts KEPCO Target Price, Cites Energy Price Risk
Hanwha Investment & Securities slashed its target price for Korea Electric Power (KEPCO) from 64,000 won to 47,000 won, warning that volatile global energy prices could weigh on earnings even as it kept its 'Buy' rating. KEPCO shares tumbled about 7% the day the report came out.
Indonesia's Commitment to KF-21 Fighter Jet Purchase Wavers
Indonesia's expected order of 16 KF-21 fighter jets worth roughly 3 trillion won is reportedly in doubt, casting a shadow over Korea Aerospace Industries' broader export ambitions for the aircraft.
KAI Eyes Follow-On KF-21 Order from Seoul as Indonesia Talks Continue
Korea Aerospace Industries expects to hand over eight KF-21 fighters to South Korea's air force by year-end and anticipates a second order for roughly 80 more jets, while negotiations with Indonesia over an additional purchase progress.
Hyundai Motor to Supply Official Vehicles for First Korea-Central Asia Summit in 2026
Hyundai Motor will provide protocol vehicles for heads of state and delegations at the inaugural Korea-Central Asia Summit, set for September 16, 2026, extending the automaker's long-standing role at major diplomatic gatherings.
Hyundai Mobis Posts Mixed Q2 Results as Governance Overhaul Fuels Stock Speculation
Hyundai Mobis beat profit expectations in the second quarter of 2026 thanks to strong after-sales earnings, but analysts remain split on the outlook as investors weigh a possible group governance restructuring.
Kim Orders Major Expansion of North Korea's Intelligence Network
Kim Jong Un has ordered North Korea's top intelligence agency to expand satellite, cyber and overseas espionage capabilities, fueling concern over deeper intelligence cooperation with Russia and China.