By Sherry QinAsian stocks ended mostly lower, with South Korea, one of the region's biggest beneficiaries of the global artificial-intelligence boom, leading losses on concerns over the sustainability of spending in AI infrastructure.After triggering two circuit breakers last week, South Korea's Ko…
Round-up of South Korean financial markets:** South Korean shares fell nearly 8% on Thursday and posted their lowest close in more than three weeks, dragged down by a global selloff in chipmakers as Meta Platforms' plan to sell computing power raised questions over excess AI capacity. The won weake…
By Stella QiuAsian shares extended declines on Thursday as investors rotated out of chipmakers after a stellar quarter, while currency and bond markets braced for U.S. jobs data that could give pointers to the risk of interest rate hikes.Oil prices hit new four-month lows, with Brent crude ICEEUR:B…
SHARES PULL BACK AS MARKETS AWAIT LIKELY PAYROLLS BEATGlobal shares are pulling back after a bumper quarter. Quarter-end rebalancing was partly to blame but there are also bubbling concerns about how long the AI party will go on. News that Meta plans to sell excess AI compute does make one wonder i…
A look at the day ahead in European and global markets from Stella QiuGlobal shares are pulling back after a bumper quarter. Quarter-end rebalancing was partly to blame but there are also bubbling concerns about how long the AI party will go on. News that Meta plans to sell excess AI compute does m…
By Kwanwoo JunSK Hynix plans to invest more than $64 billion to construct new chip-making facilities in Cheongju, central South Korea, in coming years.The South Korean chip maker on Thursday detailed its planned investments of 100 trillion won, equivalent to $64.48 billion, which are part of its ma…
By Kwanwoo JunSK Hynix plans to invest more than $64 billion to construct new chip-making facilities in Cheongju, central South Korea, in coming years.The South Korean chip maker on Thursday detailed its planned investments of 100 trillion won, equivalent to $64.48 billion, which are part of its ma…
A major trader on Hyperliquid closed all long positions in SK Hynix and Micron amid a steep overnight pullback in AI and semiconductor-related assets, after SKHX (SK Hynix) briefly fell below $1,500.According to BlockBeats On-chain Detection, monitoring data from Hyperinsight showed the largest SKH…
By Stella QiuAsian shares skidded on Thursday as investors rotated out of chipmakers following a stellar quarter, while currency and bond markets braced for U.S. jobs data that could gives hints about the risk of interest rate hikes.Oil prices hit new four-month lows, with Brent crude ICEEUR:BRN1…
By Hyunjoo Jin and Heejin KimSK Hynix KRX:000660 said on Thursday it planned to invest 100 trillion won ($64.38 billion) to build new NAND memory chip and packaging factories as part of a massive investment programme aimed at addressing a shortage driven by the AI boom.The projects in the country's…
Round-up of South Korean financial markets:** South Korean shares tumbled more than 6% on Thursday, weighed down by a global selloff in chipmakers as Meta Platforms' plan to sell computing power raised questions over excess AI capacity. The won weakened, while the benchmark bond yield rose.** The b…
By Gaurav Dogra and Ankur BanerjeeForeign investors sold Asian equities at the fastest pace in at least 16 years in the first half of 2026, as a blistering AI-driven rally forced them to trim their biggest winners in South Korea and Taiwan and hunt for laggards at a discount.Overseas investors pull…
Lawsuit filed June 25 names SK hynix (000660) in U.S. suit alleging DRAM output cuts while shifting to HBM, blaming higher conventional DRAM prices and seeking class-action status
By Gaurav Dogra and Ankur BanerjeeForeign investors sold Asian equities at the fastest pace in at least 16 years in the first half of 2026, as a blistering AI-driven rally forced them to trim their biggest winners in South Korea and Taiwan and hunt for laggards at a discount.Overseas investors pull…
By Julia Amann79%That's how much South Korea's exports jumped in June compared with a year prior, as the AI boom fueled demand for chips made by Samsung Electronics and SK Hynix.It marked the fastest expansion since October 1978, according to official data, and came as South Korean stocks wrapped u…
Round-up of South Korean financial markets:** South Korean shares fell more than 2% on Wednesday, as overseas investors booked profits after a blistering second quarter, even as the country's exports beat forecasts on record chip sales.** The benchmark KOSPI KRX:KOSPI closed down 173.07 points, or…
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SK Hynix (SKHX) fell as much as 6.3% after the market opened on July 1, following a modest rebound the previous day, according to Hyperinsight monitoring. According to BlockBeats On-chain Detection, SKHX was quoted at $1,655 on Hyperliquid, with 24-hour trading volume of $430 million, ranking first…
Round-up of South Korean financial markets:** South Korean shares fell more than 2% on Wednesday, weighed down by foreign investor selling to book profits, even as exports beat forecasts on record chip sales.** The benchmark KOSPI KRX:KOSPI was down 191.12 points, or 2.25%, at 8,285.36, as of 0154…
By Kwanwoo JunSouth Korea's exports posted the strongest growth in nearly 50 years as the global artificial-intelligence buildout keeps fueling demand for chips.The June trade result comes on the heels of an announcement by the South Korean government and top memory-chip makers Samsung Electronics…
