Search results for March 24
Games & Commerce
Retail shareholders unite amid weak game stocks, press for meetings and treasury share cancellations
Retail shareholders in South Korea\'s game industry are stepping up collective action as weak share prices persist and calls to boost shareholder value grow. Investors in Pearl Abyss, Devsisters and Wemade have demanded shareholder meetings, buybacks and cancellations of treasury shares, limits on executive pay and disclosure on new game development. Some companies have responded with shareholder return plans, meetings and cost-cutting steps, while broader pressure on the sector is spreading.
Games & Commerce
Kakao Games likely to adopt co-CEO system with Kim Taehwan and Lee Siwoo; extraordinary meeting set for June 22
Kakao Games plans to hold an extraordinary shareholders meeting later this month to reshuffle its board. Kim Taehwan, a vice president at LINE Games, and Lee Siwoo, the company’s chief business officer, were nominated as inside directors and could take up posts as co-CEOs after appointment. The board changes are conditional on completion of a deal that would make LAAA Investment, funded by Line Yahoo, the company’s largest shareholder.
Industry
SK Hynix to overhaul long-term supply contracts to prioritise volumes over price
SK Hynix is reviewing a new structure for long-term supply agreements, saying customers increasingly view securing volumes as a key risk. The company reported record quarterly revenue and operating profit for the first quarter of 2026 and said shortages of HBM, server DRAM and enterprise SSDs may persist, extending a price upcycle. It will bring forward the start of its Yongin cluster Phase 1 fab and accelerate NAND transitions and next-generation product rollouts.
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Finance
Gold\'s $5,155 level seen as pivot; break could extend rebound, failure may resume slide
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Crypto
EU revisits crypto rules, mulls \'MiCA 2\'
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Crypto
Shiba Inu futures open interest expands, spot holders key to whether gains last
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People
Post office agency head Park In-hwan encourages staff who prevented voice phishing losses
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Markets
Why a pullback could be a stronger signal than gold\'s 17 percent rally
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Crypto
Ethereum battles around $2,055; break of support puts $1,925 then $1,800 in focus
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Crypto
Bitcoin stalls in $66,000 range as oil surges and private credit warnings mount
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Crypto
U.S. Senate to take up Clarity Act in late April as stablecoin interest provision holds it up
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Industry
Silver recovers from 2026 low, but warning of additional 36 percent drop in April
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Industry
Dairy industry enters second round of \'protein war\' with higher content, derivative products
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Crypto
Bridgewater stands out as Iran crisis roils hedge fund market
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AI & Enterprise
Executive-rank designation for CISOs to become mandatory, standards still unclear
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Industry
Why SK Hynix is seeking a U.S. listing: \"We need to raise 100 trillion won to have a next step\"
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Telecommunications & Media
BTS Gwanghwamun comeback live watched by 18.4 million worldwide
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Telecommunications & Media
Apple unveils Safari 26.4 update with 44 new features and 191 bug fixes