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SOUTH KOREA SHARES
Indonesia stocks, rupiah tumble as MSCI weighs market downgradeGlobal index provider MSCI is contemplating downgrading Indonesia's stock market to standalone status. Such a reclassification could notabl...
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...
Rs 82,500 crore rally in 3 days: Why TCS, HCL Tech, other IT stocks jumped up to 12% in 3 days and will the boom last?Indian IT stocks have rebounded sharply. The Nifty IT index has risen 8%, adding Rs 82,500 crore to the sector’s market capitalisation. The...
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: 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 ...
Kamala Harris warns window closing for AI safeguards, urges US-China cooperationKamala Harris has emphasized the urgent need for action from both governments and tech firms to put in place robust safeguards for artifici...
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...
Indian equities jump 1.6% as FM's STT remarks spark hopes of tax reviewIndian equities surged 1.6% on Tuesday, marking the largest single-day gain in over two months. This increase followed remarks by finance m...
US chip stocks slide as China’s CXMT advances; AI spending fears rattle investorsShares in US chip manufacturers tumbled, primarily influenced by memory and data storage firms, following competitive moves from China's CX...
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 ...
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...
Global Market: Foreign investors pull $23.5 billion from Asian equities in September as US yields surgeForeign investors withdrew $23.49 billion from Asian equities in September as rising US Treasury yields, inflation fears and tighter moneta...
‘Emerging Markets’ is Obsolete: India, Taiwan and South Korea no longer fit neatly in the same boxCurrent classifications distinguishing between emerging and developed financial markets fall short of accuracy, as illustrated by South Kor...