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SOUTH KOREA STOCKS CRASH
Kospi enters bear market! What South Korea’s finance minister said after 20% crashSouth Korea’s Kospi entered bear market territory after falling over 20% from its June peak, dragged down by a sharp selloff in semiconduct...
Big Short fame Michael Burry is betting against Nvidia, AMD, Micron and other chipmakers. Is a massive AI crash coming?Michael Burry, famed for predicting the 2008 financial crisis, has increased his bearish bets against AI-linked chipmakers through the iSha...
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...
South Korea's Kospi enters bear market, plunges 20% from peak. What's spooking investors?South Korea's Kospi index entered bear market territory, plunging 20% from its peak. Heavyweight Samsung Electronics saw its share price fa...
Micron, Intel shares crash up to 8% as Samsung fails to calm concerns over AIGlobal semiconductor stocks fell sharply as Micron and Intel dropped up to 8%, tracking weakness in Asian peers despite strong Samsung earn...
Market wrap: Sensex drops 104 points, Nifty closes below 24,400 as market snap 4-day gaining streakIndian stock markets closed lower on Tuesday, ending a four-day gain. Weak global cues and rising oil prices impacted trading sentiment neg...
South Korean law targeting false online information takes effectSouth Korea enacted a new law targeting online misinformation and fake news. This legislation imposes stricter penalties on individuals who...
Global Market: Japan's Nikkei falls 2% as Samsung slump sparks chipmaker selloffJapan's Nikkei share average closed two percent lower on Tuesday. Semiconductor heavyweights fell significantly after South Korea's Samsung...
Explained: Why did Samsung shares crash 10% even after tech giant forecast 19x jump in profitSamsung Electronics shares plunged 10% despite forecasting a 19-fold jump in second-quarter profit, as investors worried the AI-driven memo...
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...
Japan's Nikkei falls as Samsung-led chip selloff weighs on regional tech stocksJapan's Nikkei index fell as semiconductor stocks declined, mirroring Samsung's drop. High-flying memory maker Kioxia shares experienced a ...
FIFA World Cup flop triggers football reckoning across Asia as heads roll and hard questions mountAsia's dismal FIFA World Cup performance has led to widespread soul-searching, with top football officials and coaches stepping down. South...
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...
South Korea's SK Hynix slides over 5% ahead of $29 billion Wall Street debutSouth Korea's SK Hynix is poised for a massive US listing, aiming to raise around $29 billion to capitalize on booming AI demand. Despite a...
SK Hynix makes US debut with $29-billion listingSouth Korean chipmaker SK Hynix is making a massive $29 billion US stock market debut, aiming to boost its valuation and compete with rival...
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...
Non-AI Nifty suddenly beating Nasdaq, South Korea & Taiwan bourses: Is the global tech trade finally reversing?India's Nifty is surprisingly outperforming global tech giants like Nasdaq, South Korea, and Taiwan, marking a potential reversal in the AI...
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...
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 ...
The AI boom is wobbling, but the bubble hasn't burstGlobal stock markets are experiencing a cautious rebound following a tech sell-off, fueled by AI spending and hawkish US interest rate sign...