
Youkyung Lee
Reporter at Bloomberg News
Bloomberg @business reporter covering stocks with focus on Korea and Asia. Past: @AP @YonhapNews @latimes @CFR_ORG @wesleyan_u Contact: [email protected]
Articles
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1 week ago |
bloomberg.com | Youkyung Lee
The results underscore how demand for the memory chips that power modern electronics and artificial intelligence is starting to rebound after a severe downturn. (Bloomberg) -- An equity fund that’s outperforming peers is buying back into Samsung Electronics Co., wagering that the chipmaker’s stock can withstand market gyrations better than its rivals.
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2 weeks ago |
bloomberg.com | Youkyung Lee |Aya Wagatsuma
A screen displays the Nikkei 225 Stock Average in Tokyo on April 8. (Bloomberg) -- Stocks in South Korea rallied by the most in five years while Japan’s equities recorded the biggest gain since August as a reprieve in higher US tariffs lured buyers back to the beaten-down markets. South Korea’s Kospi Index soared 6.6%, a day after entering a bear market. Japan’s benchmark Topix index rose 8.1% and the Nikkei 225 Stock Average gained 9.1%.
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2 weeks ago |
bloomberg.com | Youkyung Lee |Catherine Bosley
A foreign currency dealer speaks on a telephone in a dealing room of Hana Bank in Seoul, South Korea, on Friday, Feb. 28, 2020. Fear tightened its grip on global markets Friday, with European stock futures tumbling 4% and U.S. contracts signaling yet more pain after the biggest one-day rout on Wall Street since 2011.
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2 weeks ago |
news.bloombergtax.com | Youkyung Lee
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
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2 weeks ago |
bloomberg.com | Youkyung Lee
Hanwha Aerospace Co. shares surged after the South Korean defense company said it will slash its stock offering size. The company will seek to raise 2.3 trillion won ($1.6 billion) from share sales, down from 3.6 trillion won, according to a regulatory filing Tuesday. Its shares jumped as much as 8.3%.
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