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The benchmark KOSPI edged down to around 5,660 on Monday, reversing gains from the previous session, as AI investment concerns weighed on semiconductor stocks amid a US tech sell-off. Samsung Electronics slipped more than 2%, while other notable decliners included SK Square (-2.6%), Samsung Electro-Mechanics (-4.7%), D
EM Asia stocks index up 0.2% SK Hynix turns red, down 1.7% Monetary Authority of Singapore stuns with policy hold Taiwan dollar on 5-day losing streak (Updates for afternoon trade) By Nikita Maria Jino Oct 14 (Reuters) — Emerging Asian equities surrendered some gains in afternoon trading on Wednesday amid lingering con
Oct 13 (Reuters) — Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 8783.20 66.60 NZX 50** 13,827.62 78.27 DJIA 51,850.55 195.60 NIKKEI** 69,030.92 −11.19 Nasdaq 27,246.85 -119.32 FTSE** 10,656.28 104.23 S&P 500 7,802.85 -8.69 Hang Seng** 24,271.20 59.85 SPI 200 Fut 8,814.00 35.5 STI** 5,415.48 13.59 SSEC**
The benchmark KOSPI edged lower to around 6,780 on Thursday, extending losses for a third straight session as elevated global bond yields and inflation concerns weighed on equities. The US 10-year Treasury yield climbed to 5.35%, its highest level since 2002, while Federal Reserve minutes showed most officials favored
European stocks rose, extending a global equity rally as investors turned more optimistic ahead of earnings season. The euro rose, while long-dated Treasury yields retreated from multi-decade highs.
Reuters Asia morning markets round-up for Sept. 30 showed global equities mostly lower, with major bond yields elevated and currencies mixed. Gold rose 1% after a recent low, while Brent crude fell.
Stock markets were mixed across Asia and elsewhere on Tuesday as bond yields extended recent gains. Gold rose 1%, while the dollar strengthened against major currencies.
Regional markets were mixed, with Japan's Nikkei 225 up 1.30% and the benchmark US 10-year Treasury yield last at 5.165%. Spot gold was up 0.1% at $4,282.98 an ounce.
Global stocks were little changed, while Japanese government bond yields climbed to historic levels and US Treasury yields edged lower. Gold rose and Brent crude eased, with traders still pricing in further Federal Reserve rate hikes.
The benchmark KOSPI edged up to around 6,750 on Wednesday, trading little changed from the previous session, as semiconductor stocks advanced ahead of Nvidia’s earnings report. Samsung Electronics and SK hynix both gained nearly 1% as US chip stocks rallied overnight, with the Nasdaq rising 0.66% and boosting sentiment
SK Hynix Inc. (NASDAQ: SKHY ) on Wednesday pushed back against concerns that aggressive investment in AI memory production could lead to a supply glut, saying it does not expect its expansion plans to create oversupply in the near future. “We do not believe our medium- to long-term investment plans will lead to oversup