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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
South Korean shares rose Wednesday, led by Samsung Electronics and SK Hynix extending gains. The won strengthened and the benchmark bond yield fell amid sustained investor interest in the artificial intelligence trade.
South Korea’s benchmark KOSPI rose 133.95 points, or 1.91%, to 7,129.34 as of 0217 GMT, extending gains to a fourth consecutive session, led by heavyweight chipmakers.
South Korean shares closed higher, extending gains tied to AI-driven chip exports.
South Korea's benchmark KOSPI rose 0.5% to around 6,875 as major chipmakers and robust semiconductor exports supported sentiment, while higher U.S. Treasury yields capped gains.
South Korea’s benchmark KOSPI rose nearly 4% to around 6,830, its highest level in almost three weeks, as chipmakers rallied and softer-than-expected US inflation supported risk appetite.
SK hynix Inc. (NASDAQ: SKHY ) earned more in three months than it did in all of 2025. Its shares are on track for their worst month since 2002. Both statements describe the same company in the aftermath of the second-quarter 2026 earnings report. The Icheon-based memory maker reported quarterly revenue of 79.32 trillio
FuelCell Energy Inc (NASDAQ: FCEL ) shares are trading higher by almost 20% on Tuesday, hitting a new 52-week high, as traders continue to react to a new financing update tied to a South Korean export project. FuelCell Energy shares are testing new highs. Why is FCEL stock breaking out? What Is FuelCell Energy’s $49 Mi
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