South Korea stocks jump over 1% as chipmakers rebound
South Korean shares rose more than 1% on Wednesday, snapping a four-session losing streak as chipmakers rebounded, while investors awaited the outcome of the U.S. Federal Reserve policy meeting.
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South Korean shares rose more than 1% on Wednesday, snapping a four-session losing streak as chipmakers rebounded, while investors awaited the outcome of the U.S. Federal Reserve policy meeting.
US futures signalled a bounce in technology stocks at the start of a week in which South Korea s memory giants will put the artificial-intelligence trade to yet another test. Chipmakers The iShares Semiconductor ETF (SOXX) was up more than 2.5% in premarket trading Monday, rebounding after a two-day slide last week tha
The AI-led rally on Wall Street extended into Asia, with semiconductor stocks driving another leg higher in global equities, while the Yen weakened to its lowest level against the Dollar since 1986. MSCI's Asia Pacific Index rose 1.4% on the final trading day of the quarter, building on its strongest quarterly performa
Asian technology stocks rebound after global selloff, with Samsung jumping 9% and European chip stocks steady
Asia's technology stocks rebound after global rout, led by Samsung's 9% gain
Asian technology stocks rebound after global rout, with Samsung rising 9% and other tech stocks mixed
Asian technology stocks trade mixed as Samsung rebounds, but chip shares remain under pressure after global selloff