By Marc JonesInvestors have had to gulp down the motion-sickness tablets this year as the turmoil from the Iran war has clashed with a seemingly unstoppable boom in all things AI and otherworldly.Global stocks are now $7 trillion higher than at the end of 2025, even though the war caused a $9 trill…
By Amanda CooperGlobal stocks were headed for their best second-quarter performance in six years on Tuesday, while a resurgent dollar pushed the yen to a four-decade low and was headed for a fourth straight quarterly rise.Within the past three months, the Strait of Hormuz has re-opened gradually an…
By Amanda CooperGlobal stocks were headed for their best second-quarter performance in six years on Tuesday, while a resurgent dollar pushed the yen to a four-decade low and was headed for a fourth straight quarterly rise.Within the past three months, the Strait of Hormuz has re-opened gradually an…
Round-up of South Korean financial markets:** South Korean shares logged their best quarter in nearly 30 years on Tuesday on the back of chipmakers' blistering rally.** The benchmark KOSPI KRX:KOSPI ended the quarter up 68%, the biggest since the fourth quarter of 1998 when the internet was still i…
The benchmark KOSPI rose 0.97% to close at 8,476 on Tuesday, recovering from the previous session as semiconductor stocks led broad-based gains.Chipmakers were supported by continued optimism over large-scale investment across Korea's semiconductor ecosystem, alongside a new 454 billion won AI serv…
INVESTORS GO SHOPPING FOR Q3A look at the day ahead in European and global markets from Tom WestbrookThe session is the first buying day for the quarter ahead, given that trades settle the following day.In the quarter closing out, the biggest oil supply shock on record has hardly left a blemish on…
By Tom WestbrookAsian stocks surged at the end of a sparkling quarter on Tuesday, while a resurgent dollar pushed the yen to a four-decade low and was headed for a fourth straight quarterly rise.Japan's Nikkei TVC:NI225 was 1.6% higher and is set for a record rise of more than 38% for the quarter…
A look at the day ahead in European and global markets from Tom WestbrookThe session is the first buying day for the quarter ahead, given that trades settle the following day.In the quarter closing out, the biggest oil supply shock on record has hardly left a blemish on financial markets, as demand…
Round-up of South Korean financial markets:** South Korean shares reversed early gains to trade lower on Tuesday, as volatility in heavyweight semiconductor stocks weighed on the broader market, with investors turning cautious about the durability of the AI-driven chip rally.** The benchmark KOSPI…
By Tom WestbrookAsian stocks wobbled toward the end of a sparkling quarter on Tuesday, while a resurgent dollar pushed the yen to a four-decade low and was headed for a fourth straight quarterly rise.Japan's Nikkei TVC:NI225, which was steady in early trade, is set for a record rise of more than 36…
The benchmark KOSPI edged lower to around 8,380 on Tuesday, extending losses for a third straight session, amid continued profit-taking following the recent AI-driven rally and record foreign selling.Foreign investors dumped a record KRW 7.7 trillion worth of local equities in the previous session…
South Korean stocks recovered much of their earlier losses after Samsung Electronics (SSNLF) and SK Hynix (HXSCL) unveiled major investment plans tied to the country's AI push. The Kospi finished down just 0.2%, after falling as much as 3.4%, as investors weighed the impact of massive chip spending…
By Ankur Banerjee and Harry RobertsonEuropean stocks and U.S. futures ticked higher on Monday after the U.S. and Iran agreed to halt recent hostilities and renew talks, helping oil prices fall after spiking earlier on Monday in the wake of renewed attacks between the two sides.A return to diplomacy…
Round-up of South Korean financial markets:** South Korean shares closed little changed on Monday, as chipmakers cut losses after a highly-anticipated announcement of "mega projects" on AI and data centre announcements.** The benchmark KOSPI KRX:KOSPI closed down 16.56 points, or 0.20%, at 8,394.65…
By Ankur BanerjeeAsian stocks wobbled on Monday after Iran and the United States agreed to halt renewed hostilities that had cast a shadow over an interim peace deal and supported oil prices, while the dollar stood near a one-year high on rate-hike bets.A return to diplomacy in the Middle East woul…
By Ankur BanerjeeAsian stocks wobbled on Monday after Iran and the United States agreed to halt renewed hostilities that had cast a shadow over an interim peace deal and kept oil prices supported, while the dollar stood tall near a one-year high on rate-hike bets.A return to diplomacy in the Middle…
Round-up of South Korean financial markets:** South Korean shares fell more than 1% on Monday, as chipmakers slumped following sharp losses in U.S. peers in the previous session, while investors' focus was also on a highly anticipated investment project announcement by the government and chipmakers…
South Korea is set to unveil three "mega-projects" to fuel its next growth phase, including a new semiconductor hub in the southwest that local media say could attract investments by Samsung and SK spanning hundreds of billions of dollars over several years.The announcement would mark President Lee…
By Joyce LeeSouth Korea is set to unveil three "mega-projects" to fuel its next growth phase, including a new semiconductor hub in the southwest that local media say could attract investments by Samsung and SK spanning hundreds of billions of dollars over several years.The announcement would mark P…
The benchmark KOSPI fell more than 1% to around 8,300 on Monday, extending losses from the previous session, as renewed uncertainty over the fragile US-Iran ceasefire lifted oil prices and dampened global risk sentiment.The United States and Iran exchanged fresh strikes over the weekend, while Iran…
