Tag: KOSPI Index
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CNBC Daily Open: Banking beats, SK Hynix sinks and surprise attack rattles oil
Big banks in Europe beat expectations, but tech stays in the doldrums and oil prices surge after a surprise strike against U.S. forces.
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CNBC Daily Open: Chipping away at the AI boom
Another sharp sell-off in AI-related stocks shows the cracks could be worsening in the tech bull market.
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U.S. and Korean tech stocks are now tightly linked — and that could be a worry for investors
The 60-day correlation between the Kospi and Nasdaq 100 recently climbed to about 0.50, its highest level since 2021, according to data provided by Rayliant.
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South Korea’s president invokes dramatic Japan realty crash to push domestic property agenda
Lee was highlighting the country’s excessive investment in real estate, and highlighted that Japan’s housing market “burst like a balloon.”
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CNBC Daily Open: Nations reject Trump’s ‘arbitrary’ tariffs
There is an international backlash to President Trump’s latest push to keep his tariff agenda alive, with his fresh move against American trading partners.
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The sell-off in Korean stocks may soon subside. That could be good news for U.S. markets
South Korea’s stock market could be turning around — and some investors expect its U.S. counterpart won’t be far behind.
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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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