67d ago

Korean Stocks Sink as Chipmakers Drop on Middle East, China IPO

South Korean stocks fell as funds cut exposure to chipmakers after overnight losses in US peers, while factoring in a Chinese rival’s imminent share sale and rising Middle East tensions.

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Korean Stocks Sink as Chipmakers Drop on Middle East, China IPO

rss:bloomberg-marketsus_mainstream67d ago kagi ↗

South Korean stocks fell as funds cut exposure to chipmakers after overnight losses in US peers, while factoring in a Chinese rival’s imminent share sale and rising Middle East tensions.