South Korea
South Korean markets smash records as investors bet on AI and corporate governance reforms
South Korea’s benchmark Kospi Index has been on a record-breaking spree this month, hitting 16 intra-day records so far, propelled by a mix of AI-driven optimism about chip firms and sweeping corporate governance reforms. The rally has pushed the index past the 4,000 mark, with nearly 21% gains in October alone so far. The index […]
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Samsung’s third-quarter profit more than doubles, beating estimates as chip recovery gathers pace
Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Samsung Electronics reported a rebound in earnings on Thursday, with operating profit more than doubling from the previous quarter on a rebound in its chip business. Here are Samsung’s third-quarter results compared with LSEG SmartEstimate, which […]
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Trump announces trade breakthrough with South Korea on Asia trip
U.S. President Donald Trump meets with South Korean President Lee Jae Myung on the sidelines of the Asia-Pacific Economic Cooperation (APEC) leaders’ summit in Gyeongju, South Korea, October 29, 2025. Evelyn Hockstein | Reuters Donald Trump and South Korean President Lee Jae Myung finalized details of their fraught trade deal at a summit in South […]
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Nvidia CEO Jensen Huang starts a key trip to South Korea — here’s what he might be up to
Nvidia CEO Jensen Huang delivers remarks next to U.S. President Donald Trump at an ‘Investing in America’ event in Washington, D.C., on April 30, 2025. Leah Millis | Reuters Nvidia CEO Jensen Huang is headed to South Korea, one of the company’s most important markets, ahead of meeting there between U.S. President Donald Trump and […]
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Ark Invest CEO Cathie Wood flags AI market correction risk: ‘We think there will be a reality check’
Cathie Wood, chief executive officer of Ark Investment Management LLC, during the Federal Reserve’s Payments Innovation Conference in Washington, DC, US, on Tuesday, Oct. 21, 2025. Aaron Schartz | Bloomberg | Getty Images ARK Invest CEO Cathie Wood on Tuesday pushed back on fears of an artificial intelligence bubble, while flagging the possibility of a […]
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CNBC Daily Open: Hopes of a U.S.-China deal spark a rally
U.S. President Donald Trump and China’s President Xi Jinping shake hands before their bilateral meeting during the G-20 leaders summit in Osaka, Japan on June 29, 2019. Kevin Lamarque | Reuters The mere prospect of a U.S.-China trade deal is enough to send markets higher. On Monday stateside, the S&P 500, Dow Jones Industrial Average […]
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European markets set to start the week with Fed, Trump and Xi meeting in mind
European markets set to start the week with Fed, Trump and Xi meeting in mind Source
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Japan’s Nikkei 225 crosses 50,000 for the first time, leading gains in the region
Japan’s Nikkei 225 breached the 50,000 mark for the first time Monday, leading regional gains as investors cheered progress in U.S.-China trade talks and strong momentum from Wall Street. The benchmark index rose over 2%, while the Topix added 1.61%. South Korea’s Kospi jumped 1.83% after hitting a record high on Friday, while the small-cap […]
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Asia-Pacific markets rise as White House says Trump will meet Xi next week
A HDR evening shot taken at sunset of the Tokyo skyline. Fgm | E+ | Getty Images Asia-Pacific markets rose Friday, after the White House said that U.S. President Donald Trump and China’s President Xi Jinping were set to hold talks next week. U.S. Press Secretary Karoline Leavitt said Trump will leave for Malaysia late […]
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Bank of Korea holds rate at 2.5% as tighter property rules kick in
Bank of Korea warned there’s a chance of increased volatility following more rate hikes from the Fed, following U.S. Federal Reserve Chair Jay Powell’s speech in Jackson Hole. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s central bank kept its benchmark interest rate unchanged at 2.5% Thursday, extending a […]
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