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AI Winners Unwind Sparks Panic In South Korea As SK Hynix Suffers Record Plunge, KOSPI Dumps

SK Hynix shares suffered their steepest decline on record in Seoul following Friday's blockbuster ADR debut in New York. The sell-off spread across South Korea's memory and data storage stocks, helping to drive the benchmark KOSPI down as much as 9% and triggering a 20-minute market-wide trading halt.

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Pangandaman’s appointment to Al-Amanah Bank not clearance in flood control probe — Palace

MANILA, Philippines — Malacañang on Monday clarified that President Ferdinand Marcos Jr.'s appointment of former Budget secretary Amenah Pangandaman as chairman and chief executive officer of the state-run Al-Amanah Islamic Investment Bank does not clear her of any potential liability in the ongoing investigation of…

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