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SK Hynix warns chip downturn to worsen in Q1, posts record quarterly loss

SK Hynix warns chip downturn to worsen in Q1, posts record quarterly loss

© Reuters. FILE PHOTO: Memory chips by South Korean semiconductor supplier SK Hynix are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration   SSNLF 0.00% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY…

S&P downgrades Hungary’s ratings to ‘BBB-/A-3’, outlook ‘stable’

S&P downgrades Hungary’s ratings to ‘BBB-/A-3’, outlook ‘stable’

© Reuters. FILE PHOTO: The S&P Global logo is displayed on its offices in the financial district in New York City, U.S., December 13, 2018. REUTERS/Brendan McDermid/File Photo (Reuters) -Credit ratings agency S&P on Friday cut Hungary’s long- and short-term foreign and local currency ratings to ‘BBB-/A-3’ from ‘BBB/A-2’, citing persistently high inflation and external…

Marketmind: Asian stocks

Marketmind: Asian stocks

© Reuters. FILE PHOTO: People wearing face masks following the coronavirus disease (COVID-19) outbreak walk in the Sanya International Duty-Free shopping complex in Sanya, Hainan province, China January 25, 2023. REUTERS/Alessandro Diviggiano/File Photo   INTC +1.31% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type:…

Mexico headline inflation seen speeding up in December, core index down: Reuters poll

Mexico headline inflation seen speeding up in December, core index down: Reuters poll

© Reuters. A man sells corn grains at a public market in Ozumba de Alzate, State of Mexico, Mexico, May 24, 2022. REUTERS/Edgard Garrido/File Photo MEXICO CITY (Reuters) – Mexico’s headline inflation likely accelerated in December after slowing its pace for two straight months, a Reuters poll showed Friday, reinforcing bets that monetary policymakers will…