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South Korean shares drop as chipmakers slump

Round-up of South Korean financial markets:** South Korean shares dropped more than 5% on Tuesday, dragged by chipmakers, as investors worried about whether record earnings driven by AI demand would be sustainable.** The benchmark KOSPI KRX:KOSPI was down 455.23 points, or 5.65%, at 7,596.10 as of…

Reuters en_IN
index
reuters

TABLE-Celsys -2026 div forecast

Jul 7 (Reuters) - Celsys, Inc. CONSOLIDATED EARNINGS ESTIMATES (in billions of yen unless specified) Full year to Full year to Dec 31, 2026 Dec 31, 2026 LATEST PREVIOUS…

Reuters en_IN
StocksJP
NEWS reuters

Beijing bolsters Hong Kong bond, gold trading in global yuan push

By Selena Li and Jiaxing LiBeijing and Hong Kong authorities announced a range of measures Tuesday to bolster currency, bond and gold trading in Hong Kong, stepping up efforts to establish the city as a leading offshore yuan centre amid heightened geopolitical tensions.Hong Kong launched a central…

Reuters en_IN
BondsFutures
dow-jones

Food Empire Likely Emerging-Market Coffee Platform — Market Talk

Food Empire Holdings is likely an emerging-market coffee platform, CLSA's Mahir Murtaza says in a research report. It owns the MacCoffee and Cafe Pho franchises, controls key parts of the manufacturing chain, and operates via local distribution networks in markets where affordability, convenience…

Dow Jones Newswires en_IN
ETFsStocksSG
NEWS dow-jones

These Workers Tell Us How They Do Their Jobs in 116-Degree Heat — WSJ

By Krishna Pokharel | Photography and video by Deepti Asthana for WSJScholars have long suspected there is a link between heat and economic development, arguing that hot weather saps energy and productivity by increasing absenteeism and causing more workplace errors.That is particularly relevant to…

Dow Jones Newswires en_IN
Economy

Iron Ore Rises Amid Concerns Over Tightening Supplies — Market Talk

Iron ore rises in early Asian trading amid concerns over tightening supplies, ANZ Research analysts say. They note that China has reportedly expanded its curbs on Australian iron ore imports, with several domestic steel mills instructed not to purchase any U.S. dollar-denominated cargoes of Fortesc…

Dow Jones Newswires en_IN
Futures
NEWS reuters

Graffiti artist scales Australian bridge tower, paints bird cartoon, disrupts traffic

By Alasdair PalA man scaled the 140-metre-high (460 foot) tower of a cantilever bridge in the Australian city of Melbourne on Tuesday and painted a giant cartoon bird on it, disrupting morning commuter traffic.The man demanded a peanut butter sandwich be delivered by drone before he would come down…

Reuters en_IN

Thai baht/US dollar weaker on Tuesday

The Thai baht FX_IDC:USDTHB weakened against the U.S. dollar on Tuesday.At 0152 GMT, the baht was 0.24% lower at 33.31 versus the dollar, after trading in a range of 33.260 to 33.365. It ended the previous session at 33.23 per dollar, as per LSEG data.For a more detailed report on emerging markets…

Reuters en_IN
Forex
dow-jones

Ansell CEO's First Annual Guidance Likely to Be Conservative — Market Talk

Ansell's new chief executive is likely to be conservative when she gives annual guidance for the first time next month, UBS analysts reckon. The investment bank's analysts tell clients in a note that the personal-protective equipment maker has executed well on pricing to offset U.S. tariff impacts…

Dow Jones Newswires en_IN
StocksAU
trading-economics

South Korean Shares Slide on Tech Selloff

The benchmark KOSPI fell nearly 4% to around 7,730 on Tuesday, extending losses from the previous session, as investors took profits in heavyweight technology stocks following a strong AI-driven rally.Technology shares remained under pressure as investors grew more cautious toward the AI trade amid…

Trading Economics en_IN
indexStocksKR