South Korea's KOSPI drops 7% as global chipmaker selloff deepens - Reuters
rss:reuters-gnews 64d ago
South Korea's Kospi index plunged over 10% on heavy selling of chipmaking stocks amid renewed concerns about artificial intelligence boom sustainability. The sharp technology sector decline triggered broader weakness across Asian markets.
Asian stock markets gained on August 20, 2026, with South Korea's Kospi index rising more than 6%, following an announcement that the US Treasury would expand its debt buyback program. The rally reflected investor optimism about the fiscal measure.
#Samsung and SK Hynix memory inventories fall below 10 days, KB Securities says. #Kospi rally nears 7,000.
On July 28–29, 2026, South Korea's Korea Exchange activated sell-side sidecars and circuit breakers as the KOSPI index experienced sharp declines. Trading halts were triggered on consecutive days to manage volatility.
On August 19–20, 2026, the Korea Exchange (KRX) twice activated circuit breakers: a sell-side sidecar on August 19 following KOSPI's sharp decline, and a buy-side sidecar on August 20 as the index surged. These automatic trading halts are triggered to prevent extreme volatility.
South Korea's Korea Exchange (KRX) activated a buy-side sidecar circuit breaker on July 31, 2026, in response to the KOSPI index's sharp rise. The automatic trading halt mechanism was triggered to manage the unusual volatility.
On 2026-07-24 (reporting on 2026-07-20 event), South Korea's Korea Exchange (KRX) activated sell-side sidecar trading restrictions on the KOSPI index in response to a sharp market decline. The sidecar mechanism limits selling pressure during volatile downturns.
Good WSJ article on the AI memory mania/shortage, propping up SK’s Kospi - boom and bust for many retail investors. com/finance/stoc...
South Korea's KOSPI index experienced a steep decline as investor enthusiasm for chipmakers wanes following the fading of the AI-driven market boom. The sell-off reflects declining interest in the semiconductor sector that had benefited from AI demand.
Σαν σήμερα: 30 Ιουλίου 1912 – Το τέλος της εποχής Μεϊτζί και η γέννηση της σύγχρονης Ιαπωνίας Ο θάνατος του Μεϊτζί στις 30 Ιουλίου 1912 αποτέλεσε το σημείο μετάβασης από την περίοδο της θεαματικής οικοδόμησης του σύγχρονου ιαπωνικού κράτους σε μια εποχή όπου η χώρα αναζητούσε μια νέα ισορροπία ανάμεσα στον κοινοβουλευτισμό, την κοινωνική αλλαγή και τις αυξανόμενες διεθνείς φιλοδοξίες της.
Lithuania announced plans on August 13, 2026, to dig defensive trenches along its borders with Russia and Belarus, ranging from approximately 20 meters to 150 meters wide in strategic locations. The fortification represents a rapid escalation of border preparations in response to regional security concerns.
92点收 ...
A moderate magnitude 4.0 earthquake struck at 50 kilometers depth approximately 64 kilometers southeast of King Cove, Alaska on 2026-09-29 at 01:24 AM Alaska Standard Time. The USGS solicited eyewitness reports from affected residents.
Posts between September 16–18, 2026 from stfuelon.com sharing surreal, fictionalized diary entries supposedly written by Elon Musk, covering quality control, Mars, AI, and introspective musings. No real event or news story.
The 60-day correlation between the Kospi and Nasdaq 100 reached approximately 0.50, its highest level since 2021, indicating deepening interdependence between US and Korean tech markets. This tightening link raises concerns about synchronized downturns and concentrated investment risk.
It sure looks like the AI bubble is rapidly popping...
Incoherent collection of tech posts: questions about AI careers, revenue growth tools, a report on chipmaker stock declines, gaming patch notes, a Wayland compositor update, and a music library comparison. No single story.
Samsung Electronics announced on August 21, 2026, plans for shareholder returns totaling 90 trillion to 110 trillion won (approximately $79–80 billion), including 30 trillion won in third-quarter cash dividends. The announcement came following SK Hynix's shareholder buyback initiative.