Searched for
KOREAN MARKET
HSBC drops 'overweight' call on EM equities on AI spending fearsHSBC has reassessed its position on emerging markets equities, shifting to an 'overweight' stance due to rising volatility in Asian markets...
Global Market: European shares decline as Middle East tensions weigh; airlines, autos lead lossesEuropean shares declined on Wednesday as renewed Middle East tensions and higher oil prices weighed on investor sentiment, while technology...
AI chip startup Rebellions targets IPO in Korea next year, followed by potential US listing: CEOSouth Korean AI chip startup Rebellions plans its initial public offering next year, said the company's chief executive Park Sunghyun. The...
Global Market: South Korea steps up market monitoring as chip-driven volatility rattles stocksSouth Korean economic officials will closely monitor factors causing market volatility. Sharp swings in chip shares have unsettled investor...
Rupee closes at 94.96 vs USD, logs best day in three weeks on NDF dollar sales, bailing shortsOn Tuesday, the Indian rupee experienced its most significant one-day increase in three weeks, driven by heightened dollar selling activity...
As South Korean Buddhism woos Gen Z, how hip is too hip?In fast-secularising South Korea, Buddhism is regaining popularity thanks to a "hip" trend wooing Gen Z with festivals, fashion, robots and...
Kospi plunges 8% as AI investors fear rally is overblown; trading halted for 20 minsSouth Korea's Kospi index experienced a significant 8% drop, led by chip stocks. Investors questioned the sustainability of record earnings...
Global Market: Kospi slides after early surge as AI stocks face valuation pressureIndian investors are watching as South Korean stocks reversed early gains due to concerns over high valuations in AI-linked companies. Desp...
Global Market: South Korea launches 24-hour onshore dollar-won trading to boost global market appealSouth Korea has launched a 24-hour onshore dollar-won trading system, a significant move to boost currency accessibility and global appeal....
Sumitomo Chemical shares soar 11%, record biggest single-day surge in nearly 2 years. Here’s whySumitomo Chemical India shares surged around 11% as heavy volumes and a major development at its Japanese parent’s Korean subsidiary lifted...
South Korean shares rebound 6% but face second weekly lossSouth Korean equities rebounded sharply on Friday, with the Kospi jumping nearly 6%, led by strong gains in heavyweight stocks like Samsung...
In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...
SK Hynix to spend $64 billion on chip plants under broader AI-driven investment planSK Hynix is investing a massive 100 trillion won ($64.38 billion) to build new chip plants, including a NAND flash memory facility, in Cheo...
Samsung, SK Hynix shares crash up to 14% as Kospi’s massive bloodbath enters day 2Samsung Electronics and SK Hynix shares plunged as much as 14% as South Korea’s Kospi extended its sharp selloff for a second day. The decl...
South Korea's Kospi plunges 8%, extending a two-day slide. What's unsettling the world's hottest market?South Korean stocks experienced a sharp two-day decline, with the KOSPI index plummeting over 10%. This downturn was fueled by concerns ove...
Seoul stocks plunge 8% as Samsung, SK hynix shares tumbleSouth Korean stocks plunged nearly eight percent at close Thursday as tech giants Samsung and SK hynix tumbled on fears of slowing AI chip ...
Global Market Today: Asian stocks fall on Korean chip selloff, oil dipsAsian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also sur...
Global Markets: S.Korean shares log best quarter in nearly 30 years on chipmaker rallySouth Korean stocks celebrated their best quarter in almost three decades, driven by a phenomenal surge in chipmakers. The KOSPI index soar...
Global Market: South Korean shares end flat as chipmakers cut losses on 'mega project' announcementSouth Korean markets saw a mixed close Monday as chipmakers recovered from initial sharp declines following a massive $576 billion AI and d...
AI chip rally faces reality check, but bubble fears may be overdone: Adrian MowatSouth Korean chip stocks are experiencing a temporary dip, not an AI bubble burst, according to EM-Equity Strategist Adrian Mowat. He attri...