South Korean shares surge after chip stock rout

It comes after a three-day rout that wiped hundreds of billions of dollars off the value of the country's stock market.

Kospi Has Bottomed On Insane Week: 3-Minutes MLIV

Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)

Potato chips and the silicon kind are surprisingly similar

Like semiconductor makers, crisps brands must now contend with the difficulty in forecasting future demand

SK Hynix shares surge 25%, while Samsung soars over 20% as AI rally roars back

South Korea's chip heavyweights SK Hynix and Samsung Electronics soared more than 20% on Friday, tracking a sharp rally in U.S. technology stocks.

South Korea almost shoots down US Marine drone after communication failure

An apparent communication breakdown between US and South Korean militaries resulted in South Korean troops training their weapons on an American drone launched during a joint exercise and an evacuation alert being triggered near the inter-Korean border. The incident underscored the need for a comprehensive review of the allies’ command-and-control coordination, operational procedures, air defence capabilities and troop training, military experts said. The near-friendly-fire episode is...

By Park Chan-kyong

Kospi jumps 18% to post record daily gain

South Korean stocks posted their largest daily gain on record Friday, as a chip-led rebound and massive foreign buying lifted the Kospi by more than 1,000 points. The benchmark Kospi closed at 6,595.45, up 1,001.89 points, or 17.91 percent, marking record daily gains in both point and percentage terms. It opened just 1.15 percent higher at 5,657.79 before rapidly climbing by double digits to reach an intraday high of 6,630.77, up 18.5 percent. A buy-side sidecar was triggered on the Kospi at 9:0

By The Korea Herald

Samsung and SK Hynix answer AI doubters with big numbers and deals

Market participants want answers to a far bigger question than last quarter's profitability: Is the pace of AI infrastructure spending sustainable?

Volatile South Korean shares soar on renewed semiconductor buying

European shares advance, FTSE 100 hits fresh record high as AI optimism returns