Asian stocks rebound as chip shares climb and oil prices ease
What's next: Investors are looking to earnings from Tesla and Alphabet this week for signs AI spending can support valuations.
What's next: Investors are looking to earnings from Tesla and Alphabet this week for signs AI spending can support valuations.
What's next: Tesla and Alphabet report Wednesday, with investors looking for proof AI spending can sustain the market rally.
Why it matters: The bounce came as oil eased and investors shifted focus to Tesla and Alphabet earnings for proof AI spending can pay off.
What's new: Regulators also lifted the minimum deposit for leveraged ETFs to 30 million won from 10 million won, effective Aug. 5.
Why it matters: The Kospi’s 60-day correlation with the Nasdaq 100 has climbed to 0.46, near a two-year high and almost triple its five-year average.
What's new: The chipmaker posted a record T$706.6 billion quarterly profit and raised 2026 capital spending to as much as $64 billion.
Why it matters: The sell-off helped drive the Kospi down 9% and triggered a 20-minute trading halt in South Korea.
What's new: The sell-off helped drive the Kospi down 9% and triggered a 20-minute trading halt in South Korea.
What's new: The stock's plunge left its US ADRs trading about 37% above the Seoul share price after a $26 billion listing.
What's new: The chipmaker priced its ADRs at US$149 and plans to use the proceeds for new factories and equipment to meet AI-memory demand.
Earlier: SK Hynix jumps 13% in Nasdaq debut after $26.5 billion ADR saleSeries: Sk Hynix · Nasdaq Adr Debut · 3 chapters since Jul 10What's new: The slide was the stock's biggest on record as investors took profits and reassessed AI-memory demand and valuation gaps.
What's new: The selloff helped drive the KOSPI down 9% and triggered a 20-minute trading halt in South Korea.
What's new: The Nasdaq offering was more than seven times oversubscribed and will help fund new factories and chip equipment.
Why it matters: The benchmark trades at just 6.4 times forward earnings after an 80% rally, leaving investors split on how long the AI memory boom can last.
What's next: The Nasdaq debut gives the AI memory-chip supplier fresh capital for factories and equipment as data-center demand surges.
What's next: The chipmaker plans to use the money for new factories and equipment as AI memory demand keeps climbing.
What's new: Investors focused on AI-spending worries, rising bonus costs and new chip-plant spending rather than Samsung's record earnings.
What's next: The lineup is expected to include a shorter, wider Galaxy Z Fold 8 as Samsung moves ahead of Apple's first foldable later this year.
What's new: The preliminary result beat analyst forecasts as AI-driven shortages lifted DRAM and NAND prices sharply.
Why it matters: Seoul is widening FX access to support its push for MSCI developed-market status despite thin overnight liquidity.
Why it matters: Investors are testing whether the AI-driven stock rally can survive earnings season and fallout from the Iran war's energy shock.
Why it matters: The Kospi dropped 6.7% as investors rotated out of chip stocks despite Samsung’s profit surge.
What's new: Micron projected fiscal fourth-quarter revenue of about $50 billion, far above the $43.2 billion analysts expected.
What's new: Nasdaq 100 futures rose nearly 2% and oil fell below pre-war levels, easing pressure on regional markets after a two-day slide.
What's next: Trading is expected to begin July 10, in a deal that would rank among the five biggest share sales ever.
What's new: Samsung Electronics rose more than 9% and SK Hynix gained 5%, while foreigners sold 626.3 billion won in shares.
Why it matters: Samsung and SK Hynix now make up more than half the index, magnifying losses as AI-driven bets unwind.
Why it matters: Stronger earnings across Asian tech, Indian energy and Brazilian utilities bolster the case that this year’s nearly 30% rally has firmer footing.
What’s next: Investors expect MSCI to keep South Korea in emerging markets for now as it tests market-access reforms.
What's new: Some swap financing jumped to nearly 15%, up from roughly 4.6% to 5.6% above benchmark rates in early May.
What's new: the software includes references to hinge angle, folded state and a second display, signaling support for new hardware.
What's new: Seoul's Kospi recovered much of Monday's 8.3% plunge, while SK Hynix jumped 6.44% as investors returned to AI shares.
What's new: Trading in Seoul briefly halted after the index slid as much as 8.8%, while Samsung fell 10.2% and SK Hynix lost 7.7%.
Why it matters: Two AI-linked chip stocks drove nearly three-quarters of the index’s 2026 gains, leaving the rally exposed to a sharp reversal.