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SOUTH KOREA KOSPI
Global Market: South Korean shares rebound, but head for biggest weekly loss in 18 yearsSouth Korea’s KOSPI rebounded 2.36% on bargain hunting after a steep selloff, but remained on track for its biggest weekly decline since Oc...
IT stocks power Dalal Street rally as global AI trade loses steamThe rally came even as concerns over sticky US inflation and the prospect of further monetary tightening weighed on global markets, trigger...
AI stocks keep falling, but the rest of the market is supporting Wall StreetThe S&P 500 was virtually unchanged in midday trading after erasing an early loss. The weakness for AI stocks dragged the Nasdaq composite ...
Global Market: TSMC set for sixth straight record quarterly profit on AI chip boomTSMC is expected to report its sixth consecutive quarter of record earnings, driven by surging AI chip demand and technology investments. A...
Global Market: China stocks fall as hot US inflation data revives rate hike fearsChinese stocks tumbled as hotter-than-expected US inflation data revived concerns over prolonged high interest rates. Technology shares led...
Global Market: Japan’s Nikkei plunges nearly 5% as AI stocks tumble on CoreWeave debt concernsJapan’s Nikkei 225 plunged, while the broader Topix fell 2.5%, as AI-linked stocks led a broad selloff. Sentiment was hit by concerns over ...
South Korea triggers 'sidecar' trading halt, KOSPI slumps nearly 8%On Thursday, South Korea's KOSPI index plummeted, triggering a trading halt. This sharp decline was primarily driven by a tech-led selloff ...
Global Market: South Korean shares rebound as chipmakers recover after five-day losing streakSouth Korea’s KOSPI rebounded 0.74% on Wednesday as investors bought semiconductor stocks after five consecutive sessions of losses. Samsun...
Global Market: European shares rise as lower oil prices lift sentiment; tech stocks slideEuropean markets saw an uptick, driven by declining oil prices that buoyed sentiment across numerous sectors. However, the technology indus...
Global Market: Eurozone bond yields fall as tech stock selloff boosts safe-haven demandEurozone government bond yields decline as renewed turbulence in technology stocks drives demand for safe-haven assets. Germany’s 10-year y...
Global semiconductor stocks sell-off over AI boom worries pulls Asian shares lowerGlobal equities showed mixed performance, with Asian markets notably declining due to major setbacks in semiconductor stocks. A steep fall ...
Hitachi Energy, E2E Networks, Anant Raj, other AI-linked stocks slide up to 5% as global AI rout hits Indian marketsIndian AI- and energy-linked stocks decline as a global technology sell-off deepens, with South Korea’s KOSPI plunging amid intensifying co...
Global Market: AI trade faces biggest test yet as chip stocks tumble across AsiaAsian AI stocks tumbled as rising bond yields, higher financing costs, and concerns over excessive infrastructure spending weakened investo...
Global Market: BoE's Megan Greene says UK interest rates may not be restrictive enoughBank of England policymaker Megan Greene said the IMF’s upward revision to the UK’s economic growth forecast supports her view that monetar...
Global Market: Hong Kong dollar nears weak side of trading band, raising prospect of HKMA interventionThe Hong Kong dollar neared the weak end of its trading band against the US dollar, raising the possibility of Hong Kong Monetary Authority...
AI traders behaving like casino gamblers? What made chip trade toxic and why that’s good news for IndiaGlobal AI stock enthusiasm hit a roadblock as South Korea's Kospi plunged 7.4% on chip competition concerns and Broadcom's warning on AI sp...
Global Market: South Korea’s Kospi plunges over 7% as chip stocks tumble on CXMT concernsSouth Korea’s Kospi plunged over 7% amid concerns about rising competition from Chinese semiconductor makers, triggering a temporary tradin...
Once-hot AI trade leaves Korean stocks struggling for buyersSouth Korea's stock market is facing a significant downturn after a dominant run in the global AI sector, as the Kospi has dropped 22% sinc...
South Korean shares end lower as chipmakers fall, with Samsung earnings in focus"Samsung Electronics' earnings will be positive because memory chip prices have been rising continuously, but high bond yields weigh on the...
Global Market: Kospi slips as Samsung, SK Hynix decline before earningsSouth Korean shares fell after the holiday break, with the KOSPI declining 0.49% as chipmakers weakened ahead of Samsung Electronics’ third...