SK Hynix is exploring something it has never done before: manufacturing memory chips in the United States.
Reuters reported on September 16 that the Korean memory giant is discussing several possibilities with Intel Corporation (NASDAQ:INTC), including leasing part of Intel's long-delayed Ohio complex or forming a venture involving Intel and large cloud customers. SK Hynix said no specific plan has been finalized.
For Micron Technology, Inc. (NASDAQ:MU), the talks matter because one of its strongest strategic advantages is being the major U.S.-based memory producer while AI has made DRAM and HBM increasingly scarce.
Intel has committed enormous capital to Ohio, with the broader project potentially reaching around $100 billion over time. Delays have pushed planned production into the next decade. A tenant or joint-venture partner could therefore help Intel share the financial burden of developing the Ohio site rather than relying entirely on its own foundry demand to justify the buildout.
That is the bull case. The bear case is that exploratory talks are a long way from revenue. Bringing advanced Korean memory production to the U.S. could face cost problems, technology-transfer restrictions and objections from Seoul. Intel still needs its core manufacturing roadmap to work.

#long

SEOUL, Sept 20 (Reuters) - North Korea launched two missiles off its eastern coast on Sunday, its second set of tests in roughly a week and days after Pyongyang accused the ‌US of driving tensions on the Korean Peninsula through a series of military drills.
Just three hours ‌after launching a short-range ballistic missile (SRBM) toward the East Sea on Sunday afternoon, North Korea fired another short-range ballistic missile, according to South Korea's defence ministry.
If the subsequent launch is confirmed to be a ballistic missile, it will mark two consecutive ballistic missile tests by North Korea within a three-hour window.
South Korea's Joint Chiefs of Staff said it detected the first test firing from the Wonsan area around 3 p.m. (0600 GMT), identifying the weapon as a ‌ballistic missile. ***** an's defence ministry also said ⁠it appeared to be a ballistic missile.
Japanese public broadcaster NHK said the projectile had come down outside ***** an's exclusive economic zone.

#sunday

Boeing locked Korean Air into a $36.2 billion order spanning 737 MAX, 787-10, and 777X variants, but no deliveries arrive until the early 2030s.
Lockheed Martin posts steady profits while Boeing burns cash lifting production rates, carrying $600 million in quarterly interest expense that pressures GAAP results.
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Boeing (NYSE:BA) confirmed a firm Korean Air order for the stretched 737 MAX, 787-10, and 777X in passenger and freighter variants, valued at $36.2 billion. Deliveries begin in the early 2030s.
These aircraft were previously logged as unidentified orders from a commitment announced last summer, so this is existing backlog getting a customer name rather than fresh demand.

#boeing #deliveries

Intel (NASDAQ:INTC), the leading chip manufacturer, closed at $108.80, up 7.67%. Shares rose after news reports yesterday of a possible tie-up with SK Hynix (NASDAQ:SKHY). They continued to rise today, even though the South Korean firm issued a statement saying that nothing has been finalized.
Trading volume reached 147.2 million shares, coming in about 35% above its three-month average of 109.0 million shares.
The S&P 500 closed at 7,638, up 1.14%, while the Nasdaq Composite finished at 26,418, up 1.69%. Among semiconductors, Advanced Micro Devices closed at $545.09, up 6.36%, and Qualcomm closed at $188.71, up 2.09%, as chip-sector strength and memory-share momentum lifted the group.
Chip stocks rallied today after a rough week in which interest rate hikes and tech leaders' calls for a slowdown in artificial intelligence (AI) development weighed on the sector. Intel got an extra boost from a deal that may not even materialize: Even a whisper that SK Hynix might, possibly, maybe lease part of its Ohio complex or enter into a joint venture proved tantalizing to investors.
The difficulty with these types of speculative price jumps is that they often aren't sustainable. SK Hynix saying it is "exploring various options" is a long way from signing a deal. More concrete news? Barclays upgraded the stock from "Underperform" to "Overweight." Ultimately, Intel is well-placed to benefit from growing AI demand, but finding a client for its foundry business -- whether or not that's SK Hynix -- would represent a significant win.

#hynix #chip #saying

Intel and SK Hynix each jumped roughly 3% after Reuters reported talks to produce memory chips at Intel's $100B Ohio campus, with plants not due until 2030.
Semiconductor ETF SOXX gained 2%, tripling QQQ's advance, while Micron risks losing its CHIPS Act home-market edge if SK Hynix secures U.S. soil production.
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Shares of Intel (NASDAQ:INTC) are trading higher early Wednesday after Reuters reported the chipmaker is in talks with a Korean memory partner about producing memory chips at Intel's Ohio campus. Intel stock is up 4% to $100.55 in early Wednesday trading, extending a run that has the shares up 171% year to date. The move points to a paying tenant on the same site Intel has been funding on its own.
SK Hynix (NASDAQ:SKHY) is the reported counterparty, and its U.S.-listed shares are climbing on the same story. SK Hynix stock is up 3.3% to $180.52. The Korean memory leader is in the middle of a wider U.S. build-out that already includes a groundbreaking last month on a high-bandwidth memory (HBM) production base in Indiana.

#Intel #Stock #reuters

Intel (NASDAQ:INTC) stock is up 4% in morning trading on Wednesday, following a report that the chipmaker was in talks with SK Hynix (NASDAQ:SKHY) that would allow the South Korean company to manufacture memory chips on U.S. soil.
According to the Reuters report, SK Hynix is considering leasing part of Intel's $28 billion chip manufacturing facility in Ohio. Another option, according to the report, would involve SK Hynix forming an agreement with Intel and other major cloud companies seeking memory chip supplies.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
SK Hynix is a leading manufacturer of memory chips and is known for supplying advanced high-bandwidth memory (HBM) used in AI accelerators.
Image source: Intel.

#Intel #according

KCHP launched September 15, 2026 on NYSE Arca, giving U.S. investors a single-ticker bet on South Korean semiconductor companies at a 0.65% expense ratio.
Unlike broad Korea funds EWY and FLKR or global chip ETFs SOXX and SMH, KCHP targets only Korean chipmakers but charges more than all of them.
With just one day of trading history and likely wide bid-ask spreads, KCHP carries real liquidity risk on top of concentrated memory-chip exposure.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
The specific index the fund tracks, the method used to weight the holdings (for example, by market value or a capped scheme to prevent one stock from dominating), and the exact number of positions were not spelled out in the data available for this article. Those details sit in the prospectus filed with the SEC, which investors should consult directly.

#korea

Moscow is preparing for a final test of a new ballistic missile capable of striking targets hundreds of miles away and potentially maneuvering in ways that could challenge Ukraine's already strained air defenses, a defense ******* yst warned Monday.
The warning comes as Ukrainian military officials said that Russia could conduct the test in the coming months and potentially in live-fire strikes.
"According to our estimates, Russia plans to conduct final tests of a new type of ballistic missile with a range of up to 800 km by the end of this year," Vadym Skibitskyi, deputy head of the Defence Intelligence of Ukraine (DIU), said at a meeting of the Ukraine-NATO Interparliamentary Council, according to Ukrainian news outlet Ukrainska Pravda.
"If, for instance, this 800-kilometer missile has more advanced maneuverability, well then that's going to create greater problems for Ukraine in that they're going to need the more sophisticated interceptors to get them," Tom Karako, director of the Missile Defense Project at the Center for Strategic and International Studies, told Fox News Digital.
Russia Deploys North Korean Missile Unit To Ukraine; Moscow-pyongyang Axis Deepens: Report

#ukrainian #defense #ballistic

SK hynix (SKHY) stock was among the hottest stories in the chip sector this year. The South Korean memory maker pulled off a record-breaking listing in the United States this summer, and the proceeds were massive.
Valued at a market cap of almost $900 billion, the Korea-based chipmaker has surged 1,400% over the last five years. However, it is also down over 40% from all-time highs.
How to Play SNPS Stock as Layoffs Hit Synopsys
Micron Stock More Than Tripled in 2026. Now Taiwan Strike Threat Could Shake the AI Boom.
Dear Adobe Stock Fans, Mark Your Calendars for September 10

#states #korea

SEOUL, Sept 7 (Reuters) - South Korea and the United States have agreed on the size of Seoul's planned ‌investment in a gas project in Texas at ‌around $22.3 billion, Korean media outlet Edaily reported on Monday, citing unidentified officials and politicians.
The project, which would be Seoul's first U.S. investment under last year's trade agreement, aims to build a 6.3-gigawatt gas plant in Encinal, Texas, to meet rising power demand for ‌AI data centres, according ⁠to the media reports.
The investment would be part of the trade deal signed by the two ⁠allies last year, under which Seoul pledged $350 billion worth of U.S. investments in exchange for favourable U.S. tariffs on imports of South Korean goods.
The reports did not say whether Seoul would shoulder ‌the whole cost of the Texas project.
Seoul is also considering other potential projects in the United States, including building a large-scale nuclear power plant or a liquefied natural gas project in Alaska, the reports said.

#states

Dorian LPG has agreed an order with South Korean shipbuilder Hanwha Ocean for the construction of three 90,000m³ dual-fuel Panamax very large gas carriers (VLGCs) for a total price of around $345m (Won463.5bn).
The three ships are scheduled for delivery in June, September and December 2030.
Each VLGC will be fitted with dual-fuel engines capable of burning liquefied petroleum gas (LPG) or conventional low-sulphur fuels. They will also feature a shaft generator system that allows power to be produced on board during sea passages.
Hull forms and main engines have been designed to take larger-diameter propellers and energy-saving devices around the propellers, which the company said improves overall energy efficiency.
Dorian LPG said the Panamax dimensions give its charterers commercial flexibility to transit the old Panama Canal locks.

#three #fuel #south

The retirement plan that actually worked for Bernadette Joy wasn't built around a spreadsheet. It was built around her favorite boy band.
Joy, a personal finance expert and author who spent years helping people with their money, retired last year at 40. She and her husband AJ now live on about $6,000 a month — a lifestyle their savings and investments can sustain comfortably. But the clearest financial turning point, she writes in a personal essay for CNBC, came as she was planning to follow the South Korean pop group BTS on their world tour.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes

#around #personal #bezos

"This is a case about swinging ****** s," wrote Judge Lawrence VanDyke of the U.S. Court of Appeals for the 9th Circuit in March. "You may think that swinging ****** s shouldn't appear in a judicial opinion. You're not wrong. But as much as you might understandably be shocked and displeased to merely encounter that phrase in this opinion, I hope we all can agree that it is far more jarring for the unsuspecting and exposed women at Olympus Spa—some as young as thirteen—to be visually ****** aulted by the real thing."
VanDyke was dissenting from the 9th Circuit's decision not to revisit Olympus v. Armstrong, a case that saw an all-female Korean spa sue on First Amendment grounds. The business, according to the Washington State Human Rights Commission (WSHRC), had broken the law when it declined to accept a preoperative transgender woman. This was a problem for Olympus Spa, which requires nudity in its pool area, and whose business model, relatedly, hinges on catering to a single-sex clientele.
In ruling against the business last year, the 9th Circuit acknowledged the thorniness of the case. "We are not unmindful of the concerns and beliefs raised by the Spa," wrote Judge M. Margaret McKeown. "Indeed, the Spa may have other avenues to challenge the enforcement action. But whatever recourse it may have, that relief cannot come from the First Amendment."
Olympus Spa is now taking its case to the Supreme Court. McKeown and VanDyke, whose vulgar approach elicited a rebuke from 27 of his colleagues, may appear irreconcilably at odds. In some sense, they are. Yet the rival sensibilities also help paint a more complete picture of a complicated case, one that naturally provokes strong reactions but for which there may be no immediately satisfying answer under the Constitution.
The ordeal traces back to 2020. Haven Wilvich, who has identified as a "nonbinary trans woman," lodged a complaint with the WSHRC after being turned away from the Olympus Spa location in Lynnwood, Washington, for having a ****** . (The spa says it accepts postoperative transgender women.) The Washington State Law Against Discrimination (WLAD) bars discrimination based on many characteristics, including ****** ual orientation, which the state defines as encompassing "heterosexuality, ****** ****** uality, bisexuality, and gender expression or identity."

#olympus #vandyke #state

SEOUL, Sept 7 (Reuters) - North Korean leader Kim Jong Un said the country's newest destroyer would be part of a nuclear response system ‌and could deliver "annihilating retaliatory strikes", state media KCNA reported on Monday, ‌although it did not say whether the vessel would carry nuclear weapons.
North Korea has accelerated efforts to modernise its navy as Kim pursues a broader expansion of the country's nuclear-capable forces.
At a commissioning ceremony in the eastern port city of Wonsan on Sunday, Kim said the new ship's deployment to the sea east of the Korean Peninsula sent ‌a clear signal to North ⁠Korea's adversaries.
"The time has come for us to exercise our sovereignty at sea and under water," Kim said, according to KCNA.
The ⁠5,000-ton-class destroyer, the "Kang Kon", is the second warship of its class to enter service, following the commissioning of the "Choe Hyon" destroyer on North Korea's west coast about three months earlier, KCNA cited Kim as saying.

#north #destroyer #korean #seoul

SEOUL, South Korea (AP) — A group of Chinese artists is boycotting a major art exhibition in South Korea over the organizers' plans to use the name "Taiwan Pavilion" for an exhibition of works by Taiwanese artists.
China considers self-governing Taiwan to be part of its territory and rejects the island's claim to sovereignty. Beijing generally refers to Taiwan as "China's Taiwan region."
China's Foreign Ministry on Thursday criticized the South Korean organizers of the biennial Gwangju Biennale, one of Asia's most prominent art exhibitions, saying the organizers have "stubbornly clung to the wrongful practice, allowing China's Taiwan region to participate under a designation that is completely incompatible with its status."
Spokesperson Guo Jiakun said China hopes the South Korean government will uphold its political commitment to the "one China" principle through concrete action.
The Chinese artists said the same day that they were withdrawing from the festival, which opens Saturday and runs through mid-November.

#korean

The scene in Bilbao, in 2024, foreshadowed the change that would come. Michele Kang, the owner of OL Lyonnes, strode around the edge of the pitch in the San Mames to greet the travelling supporters of the women's football powerhouse, who were buoyed by her ambition and intent to invest. Barcelona won 2-0 to lift their third Women's Champions League **** le in four years, thanks to goals from their two Ballon d'Or winners Aitana Bonmati and Alexia Putellas. But while Kang, the South Korean-born American billionaire and philanthropist, vowed that Lyonnes would return stronger, her sphere of influence was also primed to have an impact elsewhere.
As well as the French champions, Kang owned two other teams as part of her multi-club Kynisca group, the US side Washington Spirit and the London City Lionesses, based out of Bromley and playing in the second tier of English women's football. Two years on, driven by Kang's vision and fuelled by her deep pockets, London City have secured promotion and undergone a remarkable makeover. From that Champions League final alone, they have signed not just Putellas, making the Spain international and World Cup winner the biggest overseas signing in Women's Super League history, but two of her Barcelona team-mates in Mapi Leon and Jana Fernandez. From sister club Lyonnes, London City have signed two of their starting forwards in Kadidiatou Diani and Delphine Cascarino, as well as midfielder Danielle van de Donk.
Michele Kang celebrates London City's promotion to the Women's Super League in 2025 (Getty)
Within two years, London City have disrupted women's football and have now set their sights on challenging for the WSL **** le. It has not come cheap: Putellas was a free transfer but is one of the highest-paid women's footballers in the world at around £1m per year. Before the new season, London City have also signed former England goalkeeper Mary Earps from Paris Saint-Germain and have built a team set on challenging **** nal and Chelsea's dominance in the capital. In terms of transfer fees within the WSL, only **** nal and Chelsea have come close to matching the £1m London City paid PSG for midfielder Grace Geyoro last summer. Their position is also a unique one. Of the 14 teams in this season's expanded WSL, London City are the only independent outfit with no affiliation to a men's club, yet their spending comfortably exceeds that of Manchester United and Liverpool, despite the riches that flow from the Premier League.
Kang is the driving force. The 67-year-old, who made her fortune through healthcare technology in the US, is an investor in the true sense of the word, believing in the untapped value and potential of women's sports. Her philanthropy has extended to making $30m and $4m donations to US Soccer and USA Rugby respectively, the latter just hours after watching the US women's rugby sevens team win bronze at the 2024 Paris Olympics. London City are likely to make a financial loss in their second season o

The names just kept coming, one after the other: Alexia Putellas, a two-time Ballon d'Or winner; Mary Earps, named the best women's goalkeeper by FIFA in 2022 and 2023; Mapi Leon, a four-time Champions League winner; and Kadidiatou Diani, who has earned more than 100 caps for France.
But how are the London City Lionesses, owned by American businesswoman Michele Kang, complying with the Women's Super League's financial rules to pay these big-name players?
Invest before revenue.
Kang, a Korean-American businesswoman, bought the club in 2023, helping them win promotion to the WSL in 2025. Finishing sixth in their debut top-flight season was respectable, but this summer, they have gone big. London City have splashed out on star players — albeit mostly on free transfers — for two reasons: they want to qualify for the Champions League and increase their revenue as soon as possible.
Earnings have to rise so they can afford to pay this set of players. London City are banking on marquee names attracting larger sponsorship deals and a new fanbase that will increase revenue down the line. On Thursday they announced a first-of-its-kind multi-year front-of-shirt partnership with Nike. The financial terms of the deal were not disclosed. Kang, however, said the value exceeds some Premier League men's teams' shirt deals and the $4million (£2.9 m) annual value of the NWSL's Atlanta expansion franchise's recent front-of-shirt agreement, believed to be the wealthiest jersey sponsorship in women's sports.

#city

SK hynix (SKHY) is giving investors a fresh reason to watch its artificial intelligence (AI)-driven memory growth story as the South Korean chipmaker weighs expanding its manufacturing footprint into ****** an. The company is reportedly exploring a potential memory-chip joint venture, with Miyagi Prefecture among the locations seeking to attract the investment. SK hynix looks to capitalize on surging AI-driven demand while deepening relationships with ****** anese customers and suppliers, including through its indirect stake in Kioxia Holdings.
The potential ****** an expansion could become another important piece of SK hynix's global capacity strategy. The company is already investing heavily in South Korea and recently broke ground on a $4 billion advanced packaging facility in Indiana, underscoring its effort to secure supply as the memory shortage is expected to persist through 2030. Amid this, ****** an could be strategically attractive because it has an established semiconductor ecosystem, and its willingness to subsidize semiconductor investments could further support SK hynix's expansion plans.
Dear GameStop Stock Fans, Mark Your Calendars for September 8
SMCI vs. CoreWeave: 1 AI Infrastructure Model Has the Bigger Opportunity
Why ****** ysts Think Sellas Life Sciences Stock Can Gain 150% From Here

#Japan #driven

SK hynix (SKHY) is giving investors a fresh reason to watch its artificial intelligence (AI)-driven memory growth story as the South Korean chipmaker weighs expanding its manufacturing footprint into **** an. The company is reportedly exploring a potential memory-chip joint venture, with Miyagi Prefecture among the locations seeking to attract the investment. SK hynix looks to capitalize on surging AI-driven demand while deepening relationships with **** anese customers and suppliers, including through its indirect stake in Kioxia Holdings.
The potential **** an expansion could become another important piece of SK hynix's global capacity strategy. The company is already investing heavily in South Korea and recently broke ground on a $4 billion advanced packaging facility in Indiana, underscoring its effort to secure supply as the memory shortage is expected to persist through 2030. Amid this, **** an could be strategically attractive because it has an established semiconductor ecosystem, and its willingness to subsidize semiconductor investments could further support SK hynix's expansion plans.
Dear GameStop Stock Fans, Mark Your Calendars for September 8
SMCI vs. CoreWeave: 1 AI Infrastructure Model Has the Bigger Opportunity
Why **** ysts Think Sellas Life Sciences Stock Can Gain 150% From Here

#memory

Baron Capital, an investment management company, released its second-quarter 2026 investor letter for its "Baron Fifth Avenue Growth Fund". The letter can be downloaded here. The fund achieved a strong quarter, gaining 24.6% (Institutional Shares), outperforming the Russell 1000 Growth Index (16.7%) and the S&P 500 (15.2%). Year to date, it's up 11.7%, surpassing its benchmarks. The first half of 2026 mirrored the previous year, with a 10.4% drawdown in Q1 due to geopolitical tensions, similar to last year's tariff-related decline. However, the fund rebounded with a 24.6% gain in Q2 after a cease-fire and declining oil prices. Stock selection drove the outperformance, contributing 940bps, while sector allocation detracted 152bps. In a volatile market, the firm remains focused on identifying high-quality, competitively advantaged companies and is optimistic about long-term prospects, investing when prices align with intrinsic values. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Baron Fifth Avenue Growth Fund highlighted Coupang, Inc. (NYSE:CPNG). Coupang, Inc. (NYSE:CPNG), a Korean technology and e-commerce platform that operates through Product Commerce and Developing Offerings segments, detracted from the fund's performance this quarter. On August 31, 2026, Coupang, Inc. (NYSE:CPNG) closed at $16.06 per share. Over the past month, Coupang, Inc. (NYSE:CPNG) declined 4.29%, and its shares are down 43.47% over the past year. Coupang, Inc. (NYSE:CPNG) has a market capitalization of $28.87 billion, and its stock has traded within a 52-week range of $14.92 to $34.08.
Baron Fifth Avenue Growth Fund stated the following regarding Coupang, Inc. (NYSE:CPNG) in its Q2 2026 investor letter:
"Coupang, Inc. (NYSE:CPNG), Korea's largest e-commerce platform, detracted from performance with shares down 7.7%. The stock came under pressure following first-quarter results, where in-line revenue was overshadowed by softer second-quarter guidance as capacity and supply chain investments made ahead of Coupang's 2025 data breach weighed on margins while customer volumes recovered. Sentiment was further weighed down by a record KRW 624.7 billion (about US $430 million) privacy fine stemming from an investigation into the breach, while a rotation of fast money into AI and semiconductor names added to the weakness. Despite these headwinds, our conviction remains intact. We view the margin pressure as temporary, and the fine removes a key overhang and reinforces our belief that the breach does not reflect a structural loss of market share. By the end of April, Coupang recovered roughly 80% of the post-breach decline in WOW Membership (its paid subscription program), with returning members resuming prior spending levels. We continue to view Coupang as a competitively advantaged e-commerce business gaining share in its core market while scaling Taiwan operations."

#fund #baron

Baron Capital, an investment management company, released its second-quarter 2026 investor letter for its "Baron Fifth Avenue Growth Fund". The letter can be downloaded here. The fund achieved a strong quarter, gaining 24.6% (Institutional Shares), outperforming the Russell 1000 Growth Index (16.7%) and the S&P 500 (15.2%). Year to date, it's up 11.7%, surpassing its benchmarks. The first half of 2026 mirrored the previous year, with a 10.4% drawdown in Q1 due to geopolitical tensions, similar to last year's tariff-related decline. However, the fund rebounded with a 24.6% gain in Q2 after a cease-fire and declining oil prices. Stock selection drove the outperformance, contributing 940bps, while sector allocation detracted 152bps. In a volatile market, the firm remains focused on identifying high-quality, competitively advantaged companies and is optimistic about long-term prospects, investing when prices align with intrinsic values. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Baron Fifth Avenue Growth Fund highlighted Coupang, Inc. (NYSE:CPNG). Coupang, Inc. (NYSE:CPNG), a Korean technology and e-commerce platform that operates through Product Commerce and Developing Offerings segments, detracted from the fund's performance this quarter. On August 31, 2026, Coupang, Inc. (NYSE:CPNG) closed at $16.06 per share. Over the past month, Coupang, Inc. (NYSE:CPNG) declined 4.29%, and its shares are down 43.47% over the past year. Coupang, Inc. (NYSE:CPNG) has a market capitalization of $28.87 billion, and its stock has traded within a 52-week range of $14.92 to $34.08.
Baron Fifth Avenue Growth Fund stated the following regarding Coupang, Inc. (NYSE:CPNG) in its Q2 2026 investor letter:
"Coupang, Inc. (NYSE:CPNG), Korea's largest e-commerce platform, detracted from performance with shares down 7.7%. The stock came under pressure following first-quarter results, where in-line revenue was overshadowed by softer second-quarter guidance as capacity and supply chain investments made ahead of Coupang's 2025 data breach weighed on margins while customer volumes recovered. Sentiment was further weighed down by a record KRW 624.7 billion (about US $430 million) privacy fine stemming from an investigation into the breach, while a rotation of fast money into AI and semiconductor names added to the weakness. Despite these headwinds, our conviction remains intact. We view the margin pressure as temporary, and the fine removes a key overhang and reinforces our belief that the breach does not reflect a structural loss of market share. By the end of April, Coupang recovered roughly 80% of the post-breach decline in WOW Membership (its paid subscription program), with returning members resuming prior spending levels. We continue to view Coupang as a competitively advantaged e-commerce business gaining share in its core market while scaling Taiwan operations."

#coupang #NYSE #letter

Bayern Munich sporting director Max Eberl believes the club possesses a center-back group that many teams around Europe would love to have.
Speaking to Kicker, Eberl highlighted the quality of Dayot Upamecano, Jonathan Tah and Kim Min-jae, describing all three as world-class options while explaining why Bayern Munich are comfortable relying on the trio throughout a demanding season.
"It's simply the situation we have with Jona, with Upa, and with Min-jae," Eberl told Kicker. "Now we have three clear center-backs, all three world-class, you simply have to say that. I think quite a few clubs envy us for the quality of these three players. Of course, we'll need all of them given the number of games. Min-Jae really solidified last season and is continuing that now."
Eberl's comments underline the importance of having genuine depth in central defense, particularly with Bayern Munich competing across the Bundesliga, DFB-Pokal, and Champions League.
Kim appears to have an especially important role after Eberl praised the progress he made last season. The South Korean defender has continued that development into the new campaign, giving Vincent Kompany another dependable option alongside Tah and Upamecano.

#eberl

Park Yong-woo is the latest Korean international to pass through TNT FC's doors, but he is certainly not the first. The Ulsan HD midfielder spent this summer training with TNT as he worked his way back to full fitness - prompting one question: just how many big names have used TNT as their training ground over the years?
Following an injury last year, Korea international midfielder Park Yong-woo joined TNT FC this summer as a training member as he prepared for his return to football. Training alongside TNT's younger players, Park worked to raise his match fitness before eventually rejoining Ulsan HD.
With TNT FC run like a professional club, it provides the ideal environment for players to keep themselves ticking over. Park isn't the only current or former international who has trained with TNT FC over the years.
TNT FC has clearly become a kind of unofficial "training/refresher home" for established Korean pros, particularly when they're between clubs, recovering from injury, or preparing to return.
The original TNT model was essentially "give players somewhere serious to train when they don't have a club." So for someone like Ki Sung-yueng, it wasn't that he was joining TNT because he needed to find a club. He was essentially using their established training environment while he was between FC Seoul contracts.

#training #international #summer

Bayern Munich's summer transfer window sees another talent join their U-23s. This time, the Bavarians' confirmed via their official website that they have signed South Korean left back Doyeon Kim, who arrives from Daejon Hana Citizen. The South Korean team, who play in the East Asian country's top division (the K-League 1), will part with their youth academy product for an undisclosed transfer fee. He will join up with head coach Dante's squad and provide valuable depth at left back.
Campus sporting director Michael Wiesinger had this to say: "Doyeon trained with us as a guest player for some time and was able to recommend himself for a transfer to our team. We have had good experiences with young players from South Korea in recent years and are convinced that Doyeon will also take the next step in his development in our second team."
Kim joins goalkeeper Jae-won Heo as the second South Korean signing of the summer, signaling the strong understanding Bayern have with multiple South Korean teams and the emerging benefits of such an understanding. It is preferable, after all, to be able to see a player up close and personal before signing them. Bayern had the opportunity to do so with both players and saw enough in them to bring them to Munich.
There, Kim will join Bayern's youth academy, one in need of left backs. In the U-19s, winger Skender Nuraj has been retooled into the only left back in the squad. The U-23s can boast just Richard Ajayi as a left back. Clearly, more reinforcement in the position was necessary and arrives via Kim. Whether this signing will push Ajayi back to the U-19s or if Kim will spend some time with the U-19s remains to be seen.
Finally, Bayern released an article on their website introducing the youngster. Some excerpts from the article can be read below:

#bayern #korean #doyeon #join

SK Hynix (SKHY) is back on everyone's mind as the South Korean memory giant announced plans to construct its new manufacturing facility in the Miyagi prefecture of ******* an. The possible investment reportedly runs into trillions of won, according to local ******* anese media, as SK Hynix gears itself up for the future rise in memory demand across the globe.
This timing is fascinating as the artificial intelligence infrastructure is gobbling more and more of high-performance memory and SK Hynix appears to be one of the companies to reap the benefits due to its leading position in high bandwidth memory (HBM).
Walmart Stock Is More Expensive Than Nvidia Amid Earnings Miss
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SEOUL, Aug 25 (Reuters) - South Korean chipmaker SK Hynix's union members narrowly rejected a tentative wage agreement on Tuesday, according to a source familiar with the ‌matter.
A total of 50.08% of the 15,045 workers who cast ballots voted ‌against the agreement, the source said. The difference was just 25 votes, the source added.
SK Hynix was not immediately available for comment when contacted by Reuters. The source spoke on condition of anonymity as they were not authorised to speak to media.
The agreement, reached last week, included a 6.3% wage increase and a revision to SK Hynix's profit-sharing bonus scheme, under which 40% ‌of bonuses would be paid ⁠in cash and 60% in company shares.
The world's second-largest memory chipmaker has been reaping strong profits from booming demand for high-bandwidth memory (HBM) chips ⁠used in artificial intelligence applications.

#agreement

LAS VEGAS — From a fry bread pot roast taco created for the Kansas City Chiefs' visit to A5 Wagyu tomahawks and caviar service in premium areas, Allegiant Stadium is expanding its food and beverage lineup for the 2026 Las Vegas Raiders season.
Silver & Black Hospitality, the stadium's culinary and hospitality provider, unveiled a collection of new concessions, opponent-themed dishes, specialty ***** tails, desserts and premium offerings Tuesday. The additions follow Allegiant Stadium's second-place finishes in nationwide voting for both the AFC's Best NFL Stadium and Best NFL Stadium Food in the 2026 USA TODAY 10 Best Readers' Choice Awards.
"This year we have a lot of new and kind of fun items that we're showcasing and just continuing to elevate our food and beverage program," said Dillon Schoell, senior executive chef at Allegiant Stadium.
New featured concession items include a Fry Bread Pot Roast Taco topped with lettuce, tomato, queso fresco, salsa verde and chipotle crema; a Street Dog Torta with a Sabrett hot dog, pork belly, refried beans and avocado aioli; and a Chile Relleno Burger topped with avocado and crema. The lineup also includes a Focaccia and Lox Sandwich and Really Big Chicken & Waffles served with pickles, hot honey and chives.
Other new items available throughout the season include Buffalo Chicken Wontons, Potato Tacos, an XL Chicken Club Sandwich and a Korean Philly Cheesesteak made with shaved beef, kimchi, mozzarella, provolone, green onions and gochujang aioli.

#items

Hyundai Motor and its labour union have arrived at a tentative wage agreement, bringing an end to a period of industrial action that had hit production at the South Korean automaker.
According to Yonhap News Agency, the breakthrough came during the 17th round of negotiations between the two parties.
Under the terms agreed, monthly base pay will rise by Won100,000 ($72.20), alongside a performance bonus worth more than 400% of monthly salary and a separate lump-sum payment of Won12.5m.
"The two sides agreed to transparently share information on new projects and their implementation processes, and jointly respond to future changes in the industry", the company was quoted as saying.
Yonhap also reported that the retirement age will be pushed back from 60 to 65, though this element of the deal depends on corresponding changes to relevant laws and regulations.

#changes #motor #korean #agency

SK Hynix (NASDAQ:SKHY) plans to buy back about 24.07 million of its own shares over about three months (3.3% of the memory maker's issued shares) and then cancel every one of them. The board approved the program, worth 40 trillion won (about $29 billion), on Aug. 19, and the buying window opened the very next day. The company describes it as the largest treasury-share cancellation ever conducted by a South Korean listed company.
And this is not a buyback of the familiar American variety, where repurchased stock can sit in the treasury for years or quietly offset stock-based compensation. The shares come out of the count for good.
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Investors liked it. SK Hynix's Seoul-listed shares surged 12% on Thursday, recovering most of a steep drop from the day before, and its Nasdaq-listed shares (each representing one-tenth of one Seoul-listed common share) rose about 4% to close near $163.
Image source: The Motley Fool.

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Aug 21 (Reuters) - The world's top central bank chiefs gather in Jackson Hole this week against a jittery backdrop, half a year into the Iran war and with bond markets rattled by a selloff in long-dated U.S. debt that prompted U.S. Treasury intervention.
Away from Wyoming, there's plenty else going on, from inflation readings around ‌the world and Nvidia's earnings to a South Korean rate decision and an Icelandic vote on whether to revive EU accession talks.
Here's all you need to know about ‌the week ahead in financial markets, by Howard Schneider in Washington, Laura Matthews in New York, Stine Jacobsen in Copenhagen, Gregor Stuart Hunter in Singapore and Samuel Indyk in London.
1/ GOING FISHING
Big-think or red meat? That's the choice Fed Chairman Kevin Warsh faces as he prepares a keynote address at the Fed's Jackson Hole symposium in Wyoming: expound on his ideas for reforming the central bank, or stick to the nuts and bolts of monetary policy and whether rates are headed higher.

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