South Korea’s KOSPI rose 4.53% from Monday’s close to 5,717.30 on Tuesday morning. The jump made the Korea Exchange pause program buying for five minutes, its second brake in six days.
The first brake, on October 21, did not hold. The KOSPI gave...
Goldman Sachs has cut its 12-month KOSPI target by 25%, to 9,000 from 12,000. The new figure returns the bank to where it stood before its June 3 upgrade.
The bank estimates chip valuations now imply a 65% fall in 2027 sector earnings. It calls that...
The Bank of Korea (BOK) held its benchmark rate at 3.00% on Thursday after two straight hikes. A 222.5% surge in early October chip exports keeps a November increase in play.
The seven-member board matched the forecast of all 34 analysts in a...
The Korea Composite Stock Price Index (KOSPI) jumped 3.54% and Japan’s Nikkei 225 gained 1.43% in Wednesday morning trading. According to some, easing oil prices helped chip stocks lead the rebound, though crude still sits above $100 a barrel.
Oil...
The Korea Composite Stock Price Index (KOSPI) fell 3.5% at Tuesday’s open as a chip-led AI sell-off drags on, cutting its 2026 gain to about 31% from roughly 116% at its June record close.
The index now sits about 39% below that peak. The slide...
ChangXin Memory Technologies (CXMT) shares fell as much as 6.5% on Monday as Friday’s US chip selloff reached Asia, even though the company forecast a profit turnaround for the first nine months of 2026.
China’s largest memory maker said Friday it...
Apple’s iPhone Duo pre-orders sold out within minutes on October 16, and online orders for the $1,999 foldable no longer arrive before Christmas.
That leaves holiday shoppers with fewer options. Apple’s US store now lists every model as shipping in...
The Korea Composite Stock Price Index (KOSPI) rose as much as 3.31% to 5,738.18 in Friday trading. The KOSPI rebound reclaims only less than half of Thursday’s 7.57% drop.
September US producer prices rose by the most in 4.5 years, stoking...
Tesla CEO Elon Musk says China will make “a LOT of RAM” in 2028. His post adds a fresh supply threat to a South Korean column warning of memory chip oversupply from 2029.
The timing stands out. Korean chipmakers are posting record profits, yet the...
The post Korea Stock Market News: KOSPI, KOSDAQ Halted Together For First Time Since July As FSC Steps In appeared first on Coinpedia Fintech News
South Korea’s Financial Services Commission held an emergency meeting on Thursday and said it is ready...
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