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SOUTH KOREA STOCK MARKET
South Korean shares fall 2% as AI selloff weighs on global marketsSouth Korea’s KOSPI fell 2.14% on Friday, heading for a second straight weekly decline as a global selloff in AI-related stocks weighed on ...
South Korea's Kospi crashes 40% from June peak as AI frenzy fizzles out. Can this benefit Dalal Street?South Korea's stock market hit all-time highs before a sharp decline, marked by a 40% drop in the Kospi index since June, which has signifi...
Global Market: Bank of Korea holds interest rates at 3% after back-to-back hikesThe Bank of Korea kept its benchmark interest rate unchanged at 3.00% on Thursday, pausing after back-to-back 25-basis-point hikes in July ...
Global Market: South Korean shares fall over 1% as chip stocks retreatSouth Korean shares fell as investors booked profits in semiconductor stocks after a sharp rally. Attention shifted to the Bank of Korea’s ...
North Korea directs border troops to act against perceived threats from South Korea amid rising tensionsNorth Korea has ordered its border forces to respond quickly if South Korean troops pose a threat. This directive follows South Korea's war...
Global Market: South Korean shares jump 3% as chipmakers rally on strong exports, AI demandSouth Korea’s KOSPI surged 3.03% after hitting a six-month closing low, supported by a rally in chipmakers, record semiconductor exports an...
Kim Yo Jong the new North Korean dictator amid Kim Jong Un's death rumors? Powerful sister in spotlight, may deploy more tactical weapons, restart loudspeaker broadcasts along South Korea borderKim Yo Jong has issued a statement regarding escalating tensions with South Korea amid rumors concerning Kim Jong Un's health. She warned S...
Seoul vows 'resolute punishment' after North Korea threatens new border measuresSouth Korea vowed a strong response if North Korea were to strengthen its military posture along the border. The South Korean Defence Minis...
Korea’s KOSPI crashes another 5% as AI rout deepens; AI bellwether down over 40% from peakChip heavyweight SK Hynix Inc. headed for its lowest close since April. Data-center infrastructure company Elice Inc. plunged as much as 32...
Global Market: South Korea's Elice shares plunge 28% in market debut as data centre stocks shunnedElice, which raised 201.1 billion won ($150 million) in its IPO, provides AI cloud services as well as AI-based education and business soft...
North Korea threatens to restart propaganda broadcasts and deploy more weapons at border with SouthRising tensions between North and South Korea have intensified as mine explosions injured South Korean troops. Kim Yo Jong of North Korea b...
Global Market: South Korea regulator says Solidigm US listing may breach dual-listing rulesSouth Korean regulators are examining whether a US listing of SK Hynix subsidiary Solidigm would breach dual-listing rules. The review rais...
Global Market: South Korean shares fall as AI investment worries weigh on chipmakersSouth Korea’s Kospi fell as AI investment concerns triggered technology stock selling, although dip buying helped recover early losses. Sem...
IT's time to celebrate when chips are down; Nifty IT soars 11.7% to log biggest weekly rally since 2008The Indian IT sector experienced an impressive surge, achieving its highest weekly increase in 18 years, driven by unexpectedly strong quar...
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...
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: 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 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...