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News 2026-10-02 07:15 UTC

South Korean Shares End Higher on Tech Gains

The benchmark KOSPI rose 0.46% to close at 7,004 on Friday, extending gains from the previous session as bargain hunting lifted major technology stocks. Strong results from Micron and an upbeat memory outlook provided a positive read-through for Korean chipmakers. SK hynix edged up 0.44%, while other gainers included L

News 2026-09-23 05:29 UTC

MNI EUROPEAN MARKETS ANALYSIS: USD Supported Despite Lower Oil

* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but

News 2026-09-23 05:16 UTC

MNI EUROPEAN OPEN: Oil Pullback Continues

EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI

News 2026-09-23 01:50 UTC

South Korean Shares Rise on Chip Strength

The benchmark KOSPI edged higher to around 7,050 on Wednesday, extending gains for a fourth consecutive session as advances in AI-related and semiconductor stocks on Wall Street bolstered Korean chipmakers. The Nasdaq Composite closed at another record high, while Samsung Electronics and SK hynix rose more than 2% and

News 2026-09-22 05:57 UTC

Global Stocks Extend Rally as AI Optimism Lifts Tech - Asia Market Wrap

Global equities advanced as fresh AI developments reinforced expectations for continued investment and stronger semiconductor demand. MSCI’s All Country World Index rose for a fourth day to a two-week high, while Asian shares gained 0.7% for a fifth straight session. Samsung and SK Hynix climbed alongside Monday’s Wall

News 2026-09-22 01:35 UTC

South Korean Shares Climb on AI Rally

The benchmark KOSPI climbed more than 1% to around 7,120 on Tuesday, extending gains for a third consecutive session as a rally in AI-related US stocks lifted Korean chipmakers. The Nasdaq Composite jumped 2.3% to a record high, while the US semiconductor sector advanced strongly, reinforcing optimism over AI demand. S

News 2026-09-20 17:45 UTC

Micron Stock Eyes a Big Move as Closely Watched Q4 Earnings Report Nears

Micron Technology (NASDAQ: MU ) stock has traded sideways since July, in line with other leading memory chipmakers. Shares currently trade at $1,015, up 212% year to date. This consolidation could end soon, as the company is set to report its financial results later this month. Micron Technology Earnings to Publish Str

News 2026-09-18 05:31 UTC

Asian Stocks Rally as Oil Slips, Yen Weakens - Asia Market Wrap

Wall Street’s rally extended into Asia as another decline in oil prices eased inflation concerns. The yen weakened after the Bank of Japan raised interest rates in a split decision. MSCI’s gauge of Asian equities climbed 0.8% after the S&P 500 and Nasdaq 100 posted their strongest gains since early August. Samsung Elec

News 2026-09-18 05:20 UTC

Micron's Largest Production Base Faces Strike Threats as Bonus Falls 'Short of Expectations,' Workers Demand Bigger Cut of AI-Driven Profits: Report

Hundreds of Micron Technology Inc. (NASDAQ: MU ) employees rallied in Taiwan on Thursday, threatening to strike after rejecting the company’s fiscal 2026 bonus offer, with workers reportedly saying the offer fell short of expectations. Workers Say the Offer Falls Short Last week, Micron offered total compensation equiv

News 2026-09-17 06:59 UTC

South Korean Shares End Little Changed

The benchmark KOSPI edged down 0.04% to close at 6,715 on Thursday, ending nearly flat from the previous session as investors weighed the Federal Reserve’s first rate hike in more than three years. The Fed raised its policy rate by 25bp to 3.75%-4.00% and signaled another increase could come later this year, limiting t

News 2026-09-17 01:47 UTC

South Korean Shares Extend Gains

The benchmark KOSPI edged up to around 6,755 on Thursday, extending gains from the previous session as the Fed’s rate hike was largely priced in. The Fed raised its policy rate by 25bp to 3.75%-4.00%, its first increase since 2023, and signaled another hike could come later this year. The move widened the US-Korea rate

News 2026-09-15 01:46 UTC

South Korean Shares Extend Losses

The benchmark KOSPI edged down to around 6,660 on Tuesday, extending its decline for a fourth straight session, as concerns over a slower pace of AI development triggered a selloff in global technology stocks, weighing on the broader KOSPI. Nvidia fell 3% while Broadcom and AMD dropped more than 4% overnight, raising c

News 2026-08-27 01:38 UTC

KOSPI rises more than 1% as Nvidia earnings boost semis

KOSPI climbed more than 1% to around 6,900 for a third straight session, supported by stronger-than-expected Nvidia earnings and its forecast for fiscal 2028 income growth of 70%. Samsung and SK hynix rose over 1% and 2%.

News 2026-08-18 01:39 UTC

KOSPI rallies 2% to 1-month high, led by chips

South Korea’s benchmark KOSPI climbed more than 2% to around 7,150, extending gains to a one-month high as Samsung Electronics rose nearly 3% and SK hynix jumped more than 7%.

News 2026-08-03 09:14 UTC

Stock Market Today: Stock Market Today: S&P 500, Dow Jones Futures Gain as Trump Halts 'Massive Attack' on Iran—Atkore, Alibaba, ArcelorMitt

U.S. stock futures rose on Monday, as the Dow Jones, S&P 500, and Nasdaq 100 indices advanced, following Friday’s higher close. President Donald Trump called off a planned strike on Iran to resume negotiations. Over the weekend, Trump said negotiations with Iran would begin Monday after he halted what he described as a