The benchmark KOSPI rose more than 2% to around 7,420 on Thursday, rebounding from an over one-month low of about 7,250 as semiconductor stocks advanced.Sentiment was boosted after reports that SK hynix's planned US ADR offering was more than seven times oversubscribed, reflecting strong investor d…
South Korea’s KOSPI index opened down 2.7% at 7,452.48, while Japan’s Nikkei 225 opened 0.81% lower at 67,704.16 on July 8, 2026, according to Jiemian News.
By Amanda CooperGlobal stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the sustainability of the AI-driven rally, while oil prices rose on renewed Middle East tensions.Samsung Electronics KRX:005930 fore…
By Chelsey DulaneyChip giant Samsung gave what was by all accounts a rosy update today, projecting a 19-fold surge in quarterly earnings.That wasn't enough to meet investors' lofty expectations. Samsung shares slid in South Korea, sending the benchmark Kospi index down nearly 5% and sparking a sell…
By Amanda CooperGlobal stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the sustainability of the AI-driven rally, while oil prices rose on renewed Middle East tensions.Samsung Electronics KRX:005930 fore…
HONG KONG (dpa-AFX) - Asian stocks declined on Tuesday as investors rotated out of AI chip stocks on doubts over the sustainability of the AI boom.As rising capital expenditures and competition become synonymous with rising semiconductor demand, investors are questioning the sustainability of recor…
By Satoshi SugiyamaAsian stocks declined on Tuesday, with South Korea leading losses after Samsung Electronics' forecast triggered a reassessment of stretched valuations tied to the AI trade, while oil prices largely stabilised as investors refocused on supply and demand.Samsung Electronics KRX:005…
By Jihoon LeeSouth Korean shares fell 8% on Tuesday, led by chipmakers, as investors questioned whether record earnings tied to AI could hold up.The benchmark KOSPI KRX:KOSPI was down 646.85 points, or 8.03%, at 7,404.48, as of 0453 GMT. It triggered circuit breakers at 0451 GMT, halting trading fo…
By Fabiana Negrin OchoaShares of South Korean shipbuilder Hanwha Ocean slid over 20% on Tuesday after it lost out on a Canadian submarine contract to ThyssenKrupp's naval division TKMS.The stock fell as much as 24% to 88,200 won, or US$57.69, in early trade, on track for its worst one-day percentag…
By Sherry QinAsian stocks were mostly lower early Tuesday with South Korea again leading the losses, as the chip-led artificial-intelligence rally takes a breather.Seoul's benchmark stock index was dragged 5.9% lower by heavyweight chip-makers Samsung Electronics and SK Hynix, which tumbled 8.4% an…
By Fabiana Negrin OchoaShares of South Korean shipbuilder Hanwha Ocean slid over 20% on Tuesday after it lost out on a Canadian submarine contract to ThyssenKrupp's naval division TKMS.The stock fell as much as 24% to 88,200 won, or US$57.69, in early trade, on track for its worst one-day percentag…
By Junko FujitaJapan's Nikkei share average fell on Tuesday as semiconductor-related heavyweights declined after a drop in South Korea's Samsung Electronics weighed on regional technology stocks.The Nikkei TVC:NI225 was down 1.35% at 68,798.93, as of 0133 GMT.The broader Topix index TSE:TOPIX slipp…
By Satoshi SugiyamaAsian stocks drifted lower on Tuesday, even after South Korea's Samsung Electronics KRX:005930 forecast an eye-popping 19-fold jump in second-quarter profit, while the Japanese yen remained pinned near 40-year lows amid intervention speculation.Samsung Electronics, the world's la…
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…
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…
Asian equities dropped as technology shares came under renewed selling pressure, with Samsung Electronics Co. falling after its earnings report.The MSCI Asia Pacific Index slipped 0.6% with decliners slightly outnumbering gainers. Technology stocks led losses, with Samsung falling more than 6% even…
By Tom Westbrook and Laura MatthewsInvestor thinking on Chinese assets is changing, as steady returns through the turbulence of the Iran war and AI frenzy show how China has broken step with global markets, carving it a niche as a sandbag against volatility.The shift has brought money into the bond…
By Martin BaccardaxSamsung Electronics earnings and SK Hynix's planned U.S. listing this week will test the AI-fueled chip rally, offering investors an early read on demand for the memory chips powering artificial intelligence.The tech-led rally has powered stocks for much of the year, and indeed c…
By Anna SzymanskiWhat matters in U.S. and global markets todayBy Anna Szymanski, Editor-in-Charge, Reuters Open InterestMarkets began the week on a mixed note, with Asian shares easing and Wall Street futures ticking up before the bell on Monday ahead of the first wave of second-quarter earnings r…
AN INDEX OF AI HEALTH JUST FELL INTO A BEAR MARKETWhile some - starting with SoftBank boss Masayoshi Son - may consider it "blasphemy" to call the AI trade a bubble, markets, more often than not, will offer a reality check for that kind of fervour.Semiconductor stocks around the world are still up…
