SEOUL: For equity investors in South Korea, this was the year the metaverse arrived. Six of the nation’s 10 best-performing stocks in 2021 are linked to the virtual universe or non-fungible tokens( NFTs), including Wemade Max Co, which has surged 1, 500% as it seeks to be a blockchain game developer, and its top holder Wemade Co. Virtual effects creator Giantstep Inc has soared over 1, 200% since its March listing, as day traders piled into metaverse-tied stocks and exchange-traded products. Loo

One sees it at 1.50%. The central bank will also this week release its revised forecasts for growth and inflation.... The latest outlook for GDP and consumer prices are at 4.0% and 1.8%, respectively....

SEOUL: SK hynix Inc says it logged losses for three quarters in a row as a demand slump continued amid macroeconomic woes, but called the bottom on the chip market. The world’s second-largest memory chip maker said in a regulatory filing that its operating losses amounted to 2.88 trillion won( US$ 2. 25bil or RM10. 3bil) in the April to June period, compared with a profit of 4.19 trillion won( RM15bil) a year ago. Net losses came to 2.98 trillion won( RM10. 6bil), plunging from a net profit of 2

SEOUL: SK hynix Inc says it logged losses for three quarters in a row as a demand slump continued amid macroeconomic woes, but called the bottom on the chip market. The world’s second-largest memory chip maker said in a regulatory filing that its operating losses amounted to 2.88 trillion won( US$ 2. 25bil or RM10. 3bil) in the April to June period, compared with a profit of 4.19 trillion won( RM15bil) a year ago. Net losses came to 2.98 trillion won( RM10. 6bil), plunging from a net profit of 2