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The benchmark KOSPI climbed more than 1% to around 6,995 on Monday, rallying for a second straight session amid strong global semiconductor momentum. Gains were led by Samsung Electronics and SK hynix, advancing nearly 4% and more than 1%, respectively, after US semiconductor stocks rallied, with the Philadelphia Semic
Global equity markets closed mixed, with Europe down and Wall Street ending a volatile week with modest gains. US Treasury yields topped 5%, while Brent crude remained above $100. Asian markets showed mixed performance.
Global equity markets experienced a mixed session on Friday, with gains on Wall Street partially offsetting losses in Europe. Bond yields continued to climb, with US 10-year Treasury yields topping 5%, while currency markets saw the dollar strengthen against the yen. Spot gold and Brent crude prices showed modest movem
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 Korea's benchmark KOSPI falls more than 1% to around 6,800 as investors take profits in chip stocks ahead of Nvidia's earnings, while higher global bond yields and Middle East tensions also weigh on risk appetite.
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.
Sandisk Corporation (NASDAQ: SNDK ) stock fell nearly 10% in Thursday’s premarket session as investors questioned whether the memory-chip maker can sustain its unusually high profit margins after posting stronger-than-expected quarterly results. The reaction contrasted with Sandisk’s quarterly performance. The company
Samsung Electronics (OTC: SSNLF ) on Tuesday is expected to deliver another record-breaking quarter as surging AI-driven demand for memory chips continues to lift prices, though higher employee bonus costs could weigh on reported earnings. AI Memory Boom Expected to Drive Another Record Quarter Samsung is expected to r
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