South Korean Shares End More Than 1% Lower After Samsung Earnings
South Korea’s KOSPI ended more than 1% lower on Thursday as Samsung Electronics fell sharply after reporting higher profit but disappointing investors on shareholder return plans.
Site Search
Search market news
Find public news by keyword, exact ticker, category and date.
Matching instruments
Open a ticker page for its news coverage. The news search below stays a text search.
News Feed
8 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
South Korean shares end lower on caution ahead of US inflation data
KOSPI falls, foreigners net sellers Korean won strengthens against dollar South Korea benchmark bond yield rises For the midday report, please click... SEOUL, Oct 14 (Reuters) — Round-up of South Korean financial markets: * South Korean shares erased early gains to end lower on Wednesday, as caution prevailed ahead of
Goldman upgrades Palantir to buy
Goldman Sachs upgraded Palantir to buy from neutral, saying the company is positioned to benefit from growth in bespoke software and sovereign AI. The stock was up 1.6%.
European chip stocks fall on AI exposure selloff
European semiconductor shares fell as investors sold tech stocks with artificial-intelligence exposure. E-mini Nasdaq 100 futures also pointed lower, indicating weaker U.S. tech sentiment.
Samsung Q3 profit seen jumping nine-fold on AI demand, chip margins may be flat
Samsung Electronics is expected to report a nearly nine-fold jump in third-quarter operating profit driven by robust AI demand, though analysts have cut forecasts by nearly 8% since the end of August. Chip prices rise but pace of growth slows, with memory chip margins potentially flat.
South Korea shares post biggest quarterly fall since early 2020
KOSPI closed down 0.48% at 6,838.04 and fell 19.3% in the quarter; foreigners sold 2.1 trillion won of shares as won strengthened.
South Korean shares post biggest fall in two weeks as chipmakers drop
KOSPI falls, foreigners net sellers Korean won weakens against dollar South Korea benchmark bond yield rises For the midday report, please click... SEOUL, Sept 28 (Reuters) — Round-up of South Korean financial markets: * South Korean shares fell more than 2% on Monday in catch-up trading following a holiday break, post
As China's Memory Industry Grows, SK Hynix Dismisses Glut Fears: 'We Do Not Believe' Oversupply Is Near
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