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BlockBeats News, June 16th, according to a exclusive report by The Korea Economic Daily, SK Hynix plans to launch a mega-scale shareholder return policy of up to 100 trillion Korean won in the fourth quarter of this year. The specific measures include stock buybacks and cash dividends. This move is seen by the outside world as a major strategic bet by SK Group Chairman Choi Tae-won, aiming to enhance the company's position and valuation in the global capital market. According to investment bank and semiconductor industry sources, SK Hynix's stock buyback this time will account for just over 2% of outstanding shares and will officially begin after completing its American Depositary Receipt (ADR) listing. The ADR listing is expected to be completed in mid-next month. This mega-scale shareholder return plan is designed to dispel concerns from the outside world about potential dilution of existing shareholder value from the ADR listing, while further solidifying SK Hynix's market image as a top global semiconductor company.

BlockBeats News, June 16th, Federal Reserve Chairman Powell once expressed a preference for adopting another inflation measure standard - the "trimmed mean PCE inflation," which excludes extreme values before calculating the weighted average. Boston College economics professor Brian Bethune stated that currently, the trimmed mean PCE is not the most reliable indicator. In short, when the inflation shock behaves similarly to the period of 2009-2019 (i.e., before the 2020 COVID-19 crisis), this indicator works best because there was a better balance between positive and negative shocks at that time. However, when price shocks mainly come from positive factors such as supply disruptions, tariffs, surging oil prices, or significant special sports events (like the World Cup), this indicator will underestimate inflation. "Therefore, it is hoped that someone can challenge him on this," Bethune said. But regardless of which indicator is referenced, U.S. inflation remains above the Fed's 2% target - has been so since the spring of 2021.

The euro against the Japanese yen has just reached the 186.00 mark, now quoted at 186.00, up 0.11% on the day.