25-year-old hedge fund manager who lost $35 billion in a month eyes fresh capital after AI stock selloffLeopold Aschenbrenner’s AI-focused hedge fund, Situational Awareness, lost around $35 billion in weeks after leveraged bets on AI stocks tu...
11 Aug, 2026, 01.54 PM IST
Former SK Hynix employee jailed for leaking information to a Chinese firm: ReportThe Seoul High Court made the ruling in an appeal case against the defendant, upholding the lower court's sentence, for leaking classified...
09 Aug, 2026, 03.58 PM IST
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 ...
05 Aug, 2026, 08.36 AM IST
Explained: Why Kospi skyrocketed 18% today after massive selloff and what’s ahead for South Korea’s 'bipolar' stock marketSouth Korea’s Kospi jumped 18% on Friday as US tech earnings triggered a 28% surge in Samsung and SK Hynix. The sharp rebound follows a 40%...
31 Jul, 2026, 01.43 PM IST
Kospi’s mammoth 17% surge spells caution for Indian IT stocks. Why TCS, Infosys, others are down up to 5%Indian IT stocks declined after renewed optimism around global AI and cloud spending after strong earnings from tech giants. Meanwhile, glo...
31 Jul, 2026, 10.32 AM IST
Global Market Today: Asian stocks rise on Korean rally, yen holds gainsAsian stocks advanced as chip shares revived artificial intelligence trade confidence. South Korea's Kospi Index surged over fourteen perce...
31 Jul, 2026, 06.21 AM IST
Kospi crashes 12% after SK Hynix earnings; best performing Asian market of 2026 plunges 43% in a month. What’s ahead?South Korea's Kospi index crashed over 11% on Wednesday, extending its drop to 43% from its June peak into technical bear market territory....
29 Jul, 2026, 01.56 PM IST
China is throwing a 1-2-3 punch at the global AI tradeIn quick succession, China has thrown a powerful 1-2-3 punch at the global AI trade. On July 16, Beijing-based startup Moonshot AI released...
29 Jul, 2026, 11.59 AM IST
Kospi crashes 44% in a month but Nomura sees 109% upside in South Korea's stock market. Here's whySouth Korea's Kospi index dropped 44% from its June peak amid global AI growth worries and foreign fund outflows. Despite the sharp pullbac...
29 Jul, 2026, 11.51 AM IST
IT stocks on a roll: TCS, Infosys, Coforge and others rally up to 5% for second straight day. What's driving this surge?Indian IT stocks rallied for a second straight session, buoyed by strong Q1 earnings, optimism around AI-driven demand and improving invest...
29 Jul, 2026, 10.55 AM IST
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...
29 Jul, 2026, 06.23 AM IST
Sam Altman eyes South Korea as testbed for OpenAI's first hardware deviceOpenAI's CEO is keen to test its inaugural hardware in South Korea, aimed for release by the first quarter of next year. This innovative sc...
28 Jul, 2026, 01.09 PM IST
TCS, Infosys, Coforge, other IT stocks rally up to 10% after Nvidia-led chip rout. Is AI trade ending?Indian IT stocks rallied on Tuesday, with TCS, Infosys, HCL Tech, Wipro, Coforge and Tech Mahindra gaining despite a global sell-off in AI-...
28 Jul, 2026, 10.25 AM IST
AI memory shortage threatens to trigger geopolitical strain, warns SK Group chiefSK Group Chairman Chey Tae-won warned that the global shortage of artificial intelligence memory chips could escalate into a geopolitical i...
20 Jul, 2026, 05.39 PM IST
Samsung, SK Hynix advance new memory layer to tackle AI scaling limitsSamsung Electronics and SK hynix pushed to commercialize a new class of memory as artificial intelligence outgrew high-bandwidth memory alo...
20 Jul, 2026, 05.36 PM IST
China's CXMT targets global DRAM giants with record $8.5 billion IPOChinese DRAM maker ChangXin Memory Technologies is throwing its hat into the ring with a roughly $8.5 billion initial public offering as it...
20 Jul, 2026, 03.10 PM IST
AI-driven chip boom fuels 47% surge in entry-level semiconductor hiring in South KoreaJobKorea said Monday that entry-level hiring in South Korea's semiconductor industry surged in the first half of the year, reflecting robus...
20 Jul, 2026, 02.38 PM IST