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Mabuchi Motor Founder Takaichi Mabuchi Dies at 93 on August 22
Takaichi Mabuchi, founder of Mabuchi Motor (6592.T), dies at 93. He led the company from 1954 to become a global small-motor powerhouse. Stock trades at ¥1,770.50 with Meyka grade A.
Welspun Corp (WELCORP) Share Price Soars 16% to Record High After ₹17,200 Crore Mega Order
On August 21, 2026, Welspun Corp shares surged after the company won its largest-ever single order, valued at about $1.8 billion (₹17,200 crore). The contract covers pipe supplies from its US manufacturing facility and sent the stock to a record high. The deal also pushed Welspun Corp’s global order book to around $4.4 billion, giving…
Samsung Electronics Eyes $72 Billion Shareholder Return Package Amid AI Boom
Samsung Electronics is weighing a massive shareholder return package worth more than 100 trillion won ($72 billion) as strong AI chip demand drives record profits. On August 21, 2026, the South Korean tech giant is set to discuss the plan at a board meeting. The package could include a special dividend, share buybacks, and cancellations….
AI Investment Gets Boost as South Korea Plans New Fund From Chip Boom
South Korea is looking to turn its semiconductor boom into a new source of AI investments. On August 21, 2026, the government announced plans for a Future Response Fund that would use excess tax revenue from the chip industry to support AI and other future technologies. Local media estimates put the potential size of the…
SK Hynix Stock Gains 0.35% as Company Plans to Pay 60% of Bonuses in Shares
SK Hynix is changing the way it rewards employees as the AI chip boom lifts earnings. On August 20, 2026, the South Korean memory-chip maker reached a tentative wage deal under which 60% of 2026 performance bonuses will be paid in company shares, with the remaining 40% paid in cash. Employee payouts are expected to…
SK Hynix to Buy Back and Cancel 40 Trillion Won ($28.61 Billion) in Shares as AI Chipmaker Boosts Investor Returns
SK Hynix announced Wednesday, August 19, 2026, that it will buy back and cancel 40 trillion won worth of shares. That figure equals approximately $28.61 billion at current exchange rates. The board approved repurchasing 24.07 million common shares, about 3.3% of total shares outstanding. This marks the largest treasury share cancellation ever by a South…
Asian Stocks Slump as KOSPI Plunges 5.42%, SK Hynix Crashes 9.2% and Samsung Falls 7.6% in Chip Selloff
Asian stocks came under heavy selling pressure on August 19, 2026, as a sharp decline in technology shares spread across regional markets. South Korea’s KOSPI plunged more than 5%, dragged down by steep falls in SK Hynix and Samsung Electronics. The selloff followed weakness in US AI and semiconductor stocks. Rising bond yields and higher…
NIFTY50, SENSEX Today: GIFT NIFTY Falls 24 Points to 24,207 as Crude Oil, Bond Yields and Weak Asian Markets Weigh
NIFTY50 and SENSEX are heading into a cautious session on August 19, 2026, with global signals remaining weak. GIFT Nifty fell 24 points to 24,207, pointing to a muted start for Indian stocks. Higher crude oil prices and rising bond yields are adding to market pressure, while Asian equities are also trading lower. The Nifty…
LG Electronics, Nvidia Expand Robotics Alliance as Seoul Data Factory Targets 100,000 Hours of AI Training Data
LG Electronics is deepening its robotics partnership with Nvidia at a new data factory in Seoul. Senior executives from both companies met Tuesday, August 18, 2026, at LG’s Yangjae R&D Campus. The facility aims to collect 100,000 hours of robot training data by year-end. That volume equals roughly 12 years of continuous data generation. The…