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Results for "Korean Stocks"

68 stories found

South Korean Stocks Fall on Profit-Taking
BusinessKorea Herald5d ago

South Korean Stocks Fall on Profit-Taking

South Korean stocks experienced a sharp decline late Tuesday morning as investors engaged in profit-taking, particularly from market heavyweights, despite overnight gains on Wall Street.

Micron Joins Trillion-Dollar Club Amid Booming AI Chip Demand
BusinessBBCbloombergFT+6marketwatchYahoonaftemporikiRappleradvisor-perspectiveszerohedge11d ago9 sources

Micron Joins Trillion-Dollar Club Amid Booming AI Chip Demand

Micron Technology has officially surpassed a $1 trillion market capitalization, driven by the surging demand for memory chips fueled by the artificial intelligence boom, making it the latest tech firm to join this exclusive club alongside SK Hynix.

Samsung Averts Strike with Last-Minute Union Deal, Boosts Stocks
TechnologyBBCbloombergFT+9cnbctagesschaufazmarketwatchhotnewsjutarnji-listjapan-timesKorea Herald+1 more17d ago12 sources

Samsung Averts Strike with Last-Minute Union Deal, Boosts Stocks

Samsung Electronics reached a last-minute agreement with its union, averting a planned strike over wage disputes and bonus payments. This tentative deal led to a surge in Korean stock markets.

Samsung and Union Resume Talks, Halting Stock Decline
Businesszerohedge20d ago

Samsung and Union Resume Talks, Halting Stock Decline

Samsung and its union have resumed talks following a labor action scare, which has helped to halt downward momentum in South Korean stocks. Optimism returned to Samsung Electronics as negotiations recommenced, easing investor concerns.

Kospi Reaches Historic 8,000 Points, Then Tumbles
FinancebloombergKorea Herald23d ago2 sources

Kospi Reaches Historic 8,000 Points, Then Tumbles

The Korean Kospi stock index briefly surpassed the historic 8,000-point mark for the first time ever before experiencing a sharp decline. Foreign selling was noted as a factor in the subsequent market rout.

Seoul Shares Rebound on Tech Rally, Won Declines
BusinessKorea Herald25d ago

Seoul Shares Rebound on Tech Rally, Won Declines

South Korean stocks rebounded by over 2 percent, reaching a new peak above the 7,800-point mark, driven by investor interest in semiconductor and auto shares. The local currency, however, declined amid lingering Middle East tensions and ahead of the US-China summit.

Economists Discuss Future Financial Crises and Impact of Iran War
Financebloombergwsjfaz+2Yahooadvisor-perspectives3mo ago5 sources

Economists Discuss Future Financial Crises and Impact of Iran War

Chief economist Heise and history professor Straumann discuss the lessons from banking history, the likelihood of a future financial crisis, and the potential risks posed by the Iran war, noting that a key element for a deep crisis might be missing.

Kospi roars back after brutal two-day rout
BusinessKorea Herald3mo ago

Kospi roars back after brutal two-day rout

South Korean stocks staged a sharp rebound during trading Thursday, partially recovering from a two-day rout that rattled local markets. Buy-side sidecars were triggered on both the main and secondary bourses as a surge in buying pressure pushed prices sharply higher. The benchmark Kospi opened 3.09 percent higher at 5,250.92, compared with the previous session, according to the Korea Exchange. The index quickly extended its gains after the opening bell, touching an intraday high of 5,715.30 in

South Korean Stocks Dip 3.25% on Tech Slide, Won Weakens
BusinessKorea Herald19d ago

South Korean Stocks Dip 3.25% on Tech Slide, Won Weakens

South Korean stocks closed lower on Tuesday, with the benchmark Korea Composite Stock Price Index dipping 3.25%, as a foreign-selling spree of major tech companies continued, tracking an overnight tech slump on Wall Street, and the local currency weakened against the US dollar.

Businessbloomberg25d ago

Global Funds Accelerate Exit from Korean Stocks

Global funds are reportedly speeding up their withdrawal from Korean stock markets, even as the region experiences an extended record rally. This trend suggests a cautious outlook from international investors despite positive market performance.

Global Stocks Rally, Indian Markets Surge on Hopes for Middle East De-escalation
BusinessAPReutersBBC+65bloombergNYTwsjFTThe GuardianAl JazeeraCNNFox News+57 more2mo ago68 sources

Global Stocks Rally, Indian Markets Surge on Hopes for Middle East De-escalation

Global stock markets, including major Indian indices like Sensex and Nifty, experienced a significant rally, with Sensex jumping nearly 1900 points, driven by investor optimism and hopes for a swift resolution to the Middle East conflict following comments from Trump about leaving Iran soon.

Karnage: Korea Kospi Suffers Biggest Crash In History - Is It A Buying Opportunity?
Financemarketwatchzerohedge3mo ago2 sources

Karnage: Korea Kospi Suffers Biggest Crash In History - Is It A Buying Opportunity?

Karnage: Korea Kospi Suffers Biggest Crash In History - Is It A Buying Opportunity? Yesterday we discussed the dramatic move in Korean stocks, which saw the Kospi tumble by 7.4%, its biggest drop since the August 2024 carry trade unwind, and which put a dramatic halt to the historic meltup in the country's stock market driven almost entirely by memory (Samsung and SK Hynix) and semiconductor stocks. However, as we noted earlier this week when we pointed out the unprecedented pi...

Seoul stocks open higher, briefly topping 6,000 on tech rally
FinancebloombergwsjKorea Herald+1yonhap-english3mo ago4 sources

Seoul stocks open higher, briefly topping 6,000 on tech rally

Seoul shares opened higher Wednesday, briefly breaching a new historic landmark of 6,000 amid an extended rally in technology stocks. The benchmark Korea Composite Stock Price Index rose 26.73 points, or 0.45 percent, to 5,996.37 in the first 15 minutes of trading. Shortly after the opening bell, the KOSPI briefly breached the 6,000-point mark, just one month after landing in the 5,000-point territory. Overnight, the Dow Jones Industrial Average rose 0.76 percent, while the tech-heavy Nasdaq com

Seoul stocks open sharply higher on tech, auto gains
BusinessKorea Heraldyonhap-english3mo ago2 sources

Seoul stocks open sharply higher on tech, auto gains

South Korean stocks opened over 1 percent higher Monday, tracking gains on Wall Street in the previous session, as investors bought technology and automobile shares. The benchmark Korea Composite Stoc

PM Modi's Austerity Call Prompts Indian Officials to Cut Costs
Financebloombergyle-uutisetcnbc+31DWle-figarolsm-lvSCMPirozhlasrzeczpospolitavgmarketwatch+23 more25d ago34 sources

PM Modi's Austerity Call Prompts Indian Officials to Cut Costs

Indian Prime Minister Narendra Modi's appeal for austerity and wise spending, particularly regarding fuel consumption, has led to various officials, including Gujarat ministers, reducing their convoys and adopting more frugal practices. This initiative comes amidst broader economic considerations and a regional fuel crisis impacting services like Air India.

Samsung Securities Experiences 40% Stock Rally
BusinessKorea Herald28d ago

Samsung Securities Experiences 40% Stock Rally

South Korean brokerages anticipate that the upcoming retail expansion of omnibus accounts for foreign investors could serve as a new growth engine, as easier access to Korean stocks attracts increasing interest from overseas traders, contributing to Samsung Securities' 40% rally.

UK Raises Terror Threat to Severe After Golders Green Attack
WorldBBCNYTwsj+52FTle-mondeThe GuardianCNNdr-dkFox Newsnzzyle-uutiset+44 more1mo ago55 sources

UK Raises Terror Threat to Severe After Golders Green Attack

The United Kingdom has elevated its terrorism threat level to "severe" following an attack on Jewish men in Golders Green, London. Authorities warn that another attack is highly likely, prompting reviews of public protests and increased vigilance.

Escaped Wolf Recaptured in South Korea After Nine-Day Search
Worlddr-dkFox Newscnbc+6France 24vgn1-serbiajerusalem-postchannel-news-asianewsbeast1mo ago9 sources

Escaped Wolf Recaptured in South Korea After Nine-Day Search

An elusive wolf that escaped from a South Korean zoo was recaptured after a nine-day search. The animal's return followed an intensive effort involving thermal imaging drones.

Seoul Shares Fall Amid Middle East Uncertainties
WorldKorea Herald1mo ago

Seoul Shares Fall Amid Middle East Uncertainties

South Korean stocks experienced a decline of over 1.5 percent, ending a four-day winning streak, as investors reacted to ongoing uncertainties in the Middle East. The Korean won also weakened against the U.S. dollar.

Seoul shares open higher on strong Nvidia earnings
BusinessYahooKorea Herald3mo ago2 sources

Seoul shares open higher on strong Nvidia earnings

South Korean stocks pulled off a strong start Thursday as US chip giant Nvidia Corp.'s better-than-expected earnings report fueled a rally in semiconductor shares here. The benchmark Korea Composite S

Seoul stocks open lower on US tariff uncertainty
FinanceKorea Heraldyonhap-english3mo ago2 sources

Seoul stocks open lower on US tariff uncertainty

South Korean stocks opened lower Tuesday, tracking overnight declines on Wall Street amid renewed uncertainty over US trade policy. The weakness followed losses in US markets as investors reacted to U

Seoul stocks open at record high above 5,700 amid uncertainties
FinanceReutersbloombergwsj+4cnbcNHK WorldKorea Heraldseeking-alpha3mo ago7 sources

Seoul stocks open at record high above 5,700 amid uncertainties

South Korean stocks opened higher Friday despite overnight losses on Wall Street caused by increased geopolitical risks and market uncertainties. The benchmark Korea Composite Stock Price Index added