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The ChiNext index fell by 2% during the day.
2026-04-24
The ChiNext index fell by 2% during the day.
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2026-04-24
SK Hynix is set to post stronger-than-expected 2026 earnings on increased shipments and higher prices of memory chips, Nomura analysts say. The South Korean chip maker's operating profit could reach 280 trillion won, a sixfold jump from 47 trillion i
SK Hynix is set to post stronger-than-expected 2026 earnings on increased shipments and higher prices of memory chips, Nomura analysts say. The South Korean chip maker's operating profit could reach 280 trillion won, a sixfold jump from 47 trillion in 2025, say the analysts led by C.W. Chung. They expect the company's 2026 shipments of conventional DRAM and NAND--the two major memory-chip types--to rise 25% and 30%, respectively. Its shipments of high-bandwidth memory, an advanced DRAM used in artificial-intelligence accelerators, are expected to rise 24% this year, they say. Nomura expects DRAM prices to nearly triple and NAND prices to almost quadruple this year.
2026-04-24
The governor of the Central Bank of the Philippines said that the bank will raise interest rates multiple times as needed.
The governor of the Central Bank of the Philippines said that the bank will raise interest rates multiple times as needed.
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