
Asian Stocks Dip 0.2% as US 10-Year Treasury Yield Hits 5.306%
Traders scaled back bets on an October Federal Reserve rate hike to 38 per cent following softer inflation data, while Brent crude held near US$98 a barrel.
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Traders scaled back bets on an October Federal Reserve rate hike to 38 per cent following softer inflation data, while Brent crude held near US$98 a barrel.

Samsung Electronics and SK Hynix led early advances before institutional and retail profit-taking trimmed benchmark gains ahead of the two-day Chuseok market closure.

Overseas fund issuers are pitching directly to Seoul investors after tighter domestic trading rules and heavy semiconductor turnover sent billions into foreign funds.

Global smartphone shipments will fall 13.9 per cent this year to 1.08 billion units as memory components reach 60 per cent of handset production costs.

Developed with Kiwoom Securities (USA), the KCHP fund holds Samsung Electronics and SK Hynix with a modified market-cap weighting.

Foreign funds offloaded 3.69 trillion won in Seoul shares as Samsung’s delayed payout timetable triggered an 8.70 per cent stock slide.

Taiwan and South Korea, historically rivals in technology, are now forging an unprecedented partnership to meet the global demand for AI accelerators. This collaboration, driven by the intense need for specialized chips, highlights a strategic shift in Asia’s…

Asian stock markets experienced a significant rally following the US Treasury’s announcement to increase long-term bond issuance, a move designed to alleviate concerns over surging borrowing costs and provide stability to global financial markets.

Samsung Electronics is reportedly preparing to unveil a shareholder return program worth more than $72 billion, driven by record profits from the AI-powered chip supercycle. This move follows a similar large-scale announcement by rival SK Hynix.
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