South Korea's KOSPI index posted its largest single-day gain in history on Friday, jumping 1,001.89 points, or 17.91%, to close at 6,595.45, as SK Hynix surged 29.95% and Samsung Electronics climbed 2…
SK Hynix surged nearly 13% and Samsung Electronics climbed approximately 8% on July 15, lifting the KOSPI index by 6.24% to close at 7,284.41, as renewed optimism around high-bandwidth memory chips fo…
US stock futures rose Friday, with Nasdaq-100 contracts up 1.2%, as Big Tech earnings revived optimism in the AI trade after South Korea's KOSPI jumped 14% overnight. Amazon shares jumped 10% in prema…
South Korea's KOSPI index surged 18% as investors returned to AI-related stocks, led by SK Hynix and Samsung Electronics, which staged strong recoveries after a punishing sell-off earlier in the week,…
South Korea's benchmark KOSPI surged 15 percent on Friday, after jumping as much as 17 percent earlier, following comments from Microsoft and Amazon that they plan to continue spending on AI infrastru…
Asia-Pacific equities rose on strong U.S. tech earnings, with South Korea's KOSPI climbing over 3% and the MSCI Asia-Pacific index outside Japan gaining about 1%, driven by AI and semiconductor sector…
Korean stocks opened sharply higher Friday, with the KOSPI adding 1.15 percent to 5,657.79, driven by gains in semiconductor shares after Microsoft's strong earnings report. Microsoft jumped 15 percen…
South Korea's KOSPI index lost approximately $2.18 trillion in market value over July 28-29, plunging nearly 40% from its peak in just over a month, as an AI-stock unwind crushed leveraged retail inve…
South Korea's stock market has lost about $2.18 trillion in value over two sessions, with the benchmark KOSPI index dropping as much as 12.6% on Wednesday before closing down 6%, extending Tuesday's n…
SK Hynix reported Q2 2026 operating profit of KRW 60.54 trillion, a 557% surge from a year earlier, but missed analyst expectations of KRW 64 trillion, causing shares to slump 9.6% to 13% on the Korea…
Seoul shares plunged nearly 6% Wednesday, extending a rout driven by investor skepticism over whether massive AI spending will yield sufficient returns, with the KOSPI falling 360.42 points to 5,663.2…
The Korea Exchange (KRX) activated a sell-side sidecar for the KOSPI on Wednesday after the index fell more than 4.5%, suspending program trading for five minutes around 10:55 a.m. The decline was dri…
Seoul shares opened sharply higher Wednesday, with the KOSPI rising 2.23 percent to 6,157.90, as investors went bargain hunting after a 10.84 percent plunge the previous session driven by a sell-off i…
South Korea's KOSPI index has lost 33% of its value since June and fell another 7.3% between July 27 and 28, triggering its 8th circuit breaker of the year, according to Disruption Banking. The articl…
South Korea's KOSPI dropped more than 10% on Tuesday, on track for its worst month in over 30 years, as investors dumped shares of Samsung and SK Hynix, dragging down US chip stocks. The sell-off has …
Crypto-native retail traders are rotating capital from memecoins into AI and semiconductor stocks, with Upbit's daily trading volume plummeting nearly 80% year-over-year to $1.8B by November 2025 and …
A global selloff in semiconductor stocks on July 27-28, led by a 5% drop in Nvidia and an 8.5% decline in ASML, has raised doubts about the sustainability of AI-related capital expenditures, with Sout…
South Korea's KOSPI market is experiencing a crash driven by AI chip volatility and investor fear, as the narrative shifts from a 'buy everything AI' mentality to demanding proof of productivity from …
SK Hynix shares plunged 14.65% to 1.55 million won in Seoul on Tuesday, their second-largest decline of 2026, as a global semiconductor sell-off hit South Korea's memory-chip producers amid fears over…
South Korea's KOSPI index crashed 10.84% to close at 6,023.66 on Tuesday, its lowest since April 14, driven by a heavy tech selloff amid growing skepticism over large-scale AI infrastructure investmen…