Samsung Electronics shares fell up to 10% on July 7 and over 13% on July 28, marking the stock's worst day in three weeks, as the broader memory chip sector slid on investor doubts about AI spending a…
Seoul stocks opened lower Monday, with the KOSPI down 0.73 percent, or 50.77 points, to 6,862.18, as investors locked in gains ahead of Nvidia's earnings release for hints on the AI market's direction…
South Korea's KOSPI index plunged nearly 40 percent from its June peak, erasing billions in paper wealth for millions of novice investors who had piled into AI-driven chip stocks, with margin loans re…
Outstanding short selling on South Korea's stock market reached 19 trillion won ($13.4 billion) as of Tuesday, up 14 percent from 16.73 trillion won at the end of last month, according to data from th…
South Korea's KOSPI briefly reclaimed 7,000 on Friday, extending a 22% rebound from its July 30 low as cooling US inflation revived demand for chipmakers Samsung Electronics and SK Hynix. The index op…
Foreign investors remained net sellers of Korean securities for the sixth consecutive month in July, selling a net $21.65 billion worth of local stocks and bonds, according to data from the Bank of Ko…
South Korean stocks rebounded more than 22% from their July 30 low, led by Samsung Electronics and SK hynix, as renewed global demand for memory chips and AI infrastructure restored investor confidenc…
South Korea's benchmark KOSPI closed at 6,345.53, up 0.73 percent Tuesday, as strong early-August export data outweighed concerns over AI investment. Semiconductor exports surged 155.4 percent year-on…
South Korea's KOSPI surged 75.89 percent in 2025, the strongest performance among major markets, driven by the artificial intelligence boom and President Lee Jae Myung's corporate governance reforms. …
South Korea's KOSPI has become a key barometer for global AI stock trading, as its heavy weighting in semiconductors and sensitivity to foreign capital flows make it a rapid reflector of AI investment…
AI-linked stocks across Asia cratered on Thursday, with South Korea's KOSPI plunging 4% and Japan's Nikkei falling 1.6%, as Wall Street's overnight losses rekindled fears that massive AI spending may …
South Korea's benchmark KOSPI closed at 6,598.26, up 3.76 percent, as renewed optimism over AI investment lifted semiconductor stocks, with SK hynix rising 5.77 percent to 1,668,000 won and Samsung El…
The Korea Exchange (KRX) activated a buy-side sidecar for the KOSPI on Wednesday, suspending program trading for five minutes at 9:25 a.m. after the index surged 4.53 percent, driven by gains in techn…
South Korea's benchmark KOSPI index cratered in late July 2026, erasing approximately $2.18 trillion in market value over two sessions and posting its steepest monthly decline on record, after more th…
South Korea's KOSPI index plunged 10.8% on July 28 to close at 6,023.66, its steepest single-day drop in nearly five months, as Samsung Electronics and SK Hynix shares fell 13.4%-14.7%, erasing months…
Morgan Stanley upgraded South Korean equities to overweight, citing a leverage washout as a buying opportunity for AI-linked and industrial stocks, and maintained a KOSPI target of 9,000. The firm's t…
South Korea's exports surged 62.8% in July to $98.89 billion, beating economist forecasts, driven by a 179% jump in semiconductor exports and a 404% surge in computer exports, according to preliminary…
SK Hynix reported a record second-quarter operating profit of 60.54 trillion won, up 557% year-over-year, with revenue of 79.32 trillion won and an operating margin of about 76%, yet its stock sold of…
Bitcoin slipped below $63,000, shedding 3% in 24 hours, as a one-day relief rally in AI chip stocks fizzled, dragging crypto lower amid extreme fear. The Fear & Greed Index reads 25, down from 28 a we…
All three major US indices climbed on a semiconductor-fueled rally after South Korea's KOSPI recovered from a dramatic selloff, with chip stocks leading the charge. Samsung Electronics and SK Hynix re…