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South Korea’s Kospi climbs 5%, extending two-day rebound: 3 reasons fueling the rally after July selloffSouth Korea's KOSPI surged over 5% on Wednesday, extending its two-day recovery to 7% following a heavy July selloff. The rally was fueled ...
Global Market: South Korean shares slip nearly 2% as AI spending worries overshadow softer inflationSouth Korean shares fell nearly 2% on Tuesday as renewed concerns over AI-related spending and heavy selling in semiconductor stocks oversh...
CXMT plans second chip plant in Beijing and is in talks on its funding, sources sayChina's largest chipmaker CXMT is planning a new memory-chip plant in Beijing. This facility would be built in the Yizhuang area where anot...
Global Market: China stocks slide as global AI selloff hits chipmakers; Alibaba rallies on new AI modelChinese equities declined on Monday as a global selloff in AI-linked stocks weighed on semiconductor shares, while Hong Kong's technology s...
Fintechs chase new revenue; Flipkart’s food delivery launchHappy Monday! As core growth cools, India's listed fintechs are diversifying fast and launching new products. This and more in today’s ETte...
Apple shares tumble 9% on supply worries, on track for worst single-day fall in over 6 yearsApple shares plunged over 9% after the iPhone maker issued a weaker-than-expected outlook, warning that AI-driven component shortages are s...
South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly decline...
Qualcomm shares fall 5% as higher costs, Apple-related weakness cloud profit forecastQualcomm's stock has seen a notable drop following its alert about escalating memory costs. Increased expenditures and rising prices are ex...
Explained: How Korea’s SK Hynix triggered massive $17.4 million in crypto losses?A rogue pre-market trade in SK Hynix shares in Seoul triggered a 20% flash drop in crypto perpetual contracts on Hyperliquid. The oracle pr...
SK Hynix's record profit misses forecasts; shares slump 10% despite robust AI chip demandThe Nvidia supplier's quarterly operating profit soared more than sixfold to a record high, but it said delays in shipments of some advance...
Japan earthquake: 13 dead, several missing after powerful tremors hit the countryAn earthquake in Japan's Kumamoto region has resulted in the loss of 13 lives. The tremor brought significant destruction to a shopping mal...
Global Market Today: Oil jumps on renewed Middle East tension, US stock futures dipCrude oil prices surged and US equity futures declined following renewed Middle East conflict. American crude oil jumped nearly five percen...
US stocks: S&P 500 ends higher as investors await tech earningsThe S&P 500 index closed higher on Tuesday, boosted by gains in Boeing and Coca-Cola. Chip stocks experienced a significant decline as inve...
Japan's 7.1 quake leaves 50+ injured, several feared dead; tsunami warning liftedA powerful 7.1 magnitude earthquake struck southwestern Japan, triggering a tsunami warning. Thousands of homes lost power, and roads and b...
Samsung, SK Hynix to announce major chip deals with US tech companies, Seoul saysSamsung Electronics and SK Hynix are set to announce major long-term memory chip supply deals with US technology companies during South Kor...
Nvidia, Amkor strike $1.5 billion chip packaging dealUnder the agreement, Nvidia will make a prepayment to support the expansion of Amkor's US advanced packaging operations, including capacit...
Apple and Nvidia tango at the topAmidst a fierce battle for market supremacy, Apple and Nvidia are vying for the top spot, each showcasing unique strengths. Apple remains a...