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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…
Ralph Carr’s Lawyer Seeks Stay on Rape Sentence, Calls Verdict ‘Miscarriage’ on August 19
Ralph Carr, convicted of raping a former employee in March 2023, seeks to delay sentencing pending appeal. His lawyer claims miscarriage of justice; court heard arguments on August 18.
H.G. Infra Engineering (NSE: HGINFRA) Shares Soar 10.8% to ₹562.45 After Winning REC Power Order
H.G. Infra Engineering shares surged 10.8% to ₹562.45 on Wednesday, August 19, 2026. The rally followed a Letter of Intent from REC Power Development and Consultancy Limited. The order covers the construction of two AIS substations in Uttar Pradesh. This marks H.G. Infra Engineering’s continued push into India’s power transmission sector, beyond its traditional roads…
Milky Mist (NSE: MILKYMIST) Shares Hit 10% Upper Circuit at ₹199.65 on Day 2 After Strong IPO Debut
Milky Mist shares hit their 10% upper circuit at ₹199.65 on the NSE on Wednesday, August 19, 2026. That marked a second straight day of maximum gains following the dairy company’s stock market debut. Shares also hit the ₹199.55 upper circuit on the BSE, defying broader Indian market weakness. The stock has now surged 42.60%…
Skoda Slavia Facelift Unveiled on August 19 With 8-Speed Auto and Massage Seats
Skoda unveils 2026 Slavia facelift with 8-speed automatic, 360-degree camera, and rear massage seats. Pre-bookings open at ₹15,000 on August 18. Prices and delivery timeline revealed.
STI Falls 1.2% on August 19 as Bank Stocks Slip; Meyka Rates Index Hold
Singapore’s STI index fell 1.2% on August 19 as DBS, OCBC, and UOB slipped. The three banks account for 57% of the index’s weight, raising concentration concerns despite a strong 24% year-to-date rally.
Stellantis Recalls 955,000 Vehicles Over Camera Software Flaw on August 19
Stellantis recalls 955,000 vehicles worldwide due to radio software preventing rearview camera display. Fix via over-the-air update starting September. No injuries reported.
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…
Shiprocket IPO Listing: Shares Debut at 35% Premium on NSE as ₹1,617.48 Crore Issue Delivers Strong Gains
Shiprocket IPO delivered a strong stock market debut on Wednesday, August 19, 2026, listing at ₹131 per share on the NSE. That marks a 35.05% premium over the IPO’s upper price band of ₹97. The ₹1,617.48 crore issue pushed Shiprocket’s market capitalization to ₹9,531 crore at listing. Strong investor demand throughout bidding translated directly into…