Tag: KOSPI Index
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CNBC Daily Open: A Messi end for England
England’s semi-final loss will sting for fans but won’t hurt markets, where the volatility is still centered around the chip space.
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Bank of Korea raises rates to 2.75% in first hike in over three years
The 25 basis point hike by the Bank of Korea was in line with a survey of economists polled by Reuters.
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CNBC Daily Open: Chips ahoy, no Strait answer and earnings on deck
Sharp declines for South Korea’s SK Hynix spook markets in Asia and weigh on futures for Europe and the U.S.
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CNBC Daily Open: A week of narrative whiplash and vibe shifts
The U.S. will engage in “technical talks” with Iran, while markets await the U.S. debut of SK Hynix.
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Why the world’s best-performing stock market this year fell into bear territory
The Kospi fell more than 5% on Wednesday, which brought it 20% below its June 19 record high, according to LSEG data.
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Chip stocks sell off after Samsung earnings fall short of high AI bar
Samsung Electronics’ results weren’t enough to please investors after stock’s 145% run up
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CNBC Daily Open: Belgium’s sweet victory, Ukraine’s air battle and Le Pen’s judgement day
A decisive victory for Belgium over the U.S. on the football pitch sends them to the quarter-finals amid a contentious chapter for FIFA.
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CNBC Daily Open: Trump’s ‘best’ trade deal gets another look
The U.S. has not renewed the United States-Mexico-Canada Agreement, an agreement that President Donald Trump once called “the best agreement we’ve ever made.
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Samsung Electronics, SK Hynix shares tumble over 7% as chip rout spreads from Wall Street
Shares of Samsung Electronics and SK Hynix plummeted more than 7% in early Thursday trading.
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Why Asia still struggles to create its own mega-IPOs like SpaceX
Asia has no shortage of entrepreneurs, engineers or giant domestic markets. Yet when it comes to producing the kind of blockbuster listings seen in the U.S., the region continues to lag.
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