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Korea, Taiwan Stock Rallies Fail to Wow Foreign Investors

The Korea Composite Stock Price Index (Kospi), the exchange rate between the South Korean won and U.S. dollar and the Korean Securities Dealers Automated Quotations (Kosdaq) displayed inside the Woori Bank trading room in Seoul, South Korea, on Thursday, May 7, 2026. South Korea's equity market has overtaken Canada's as the worlds seventh largest, propelled by insatiable demand for chips powering artificial intelligence. Photographer: SeongJoon Cho/Bloomberg

Bloomberg Markets 7d ago

Goldman Lifts Kospi Target to 12,000, Upgrades Taiwan to Buy

The Korea Value-up and the Korea Composite Stock Price Index (Kospi) displayed at the Korea Exchange (KRX) in Seoul, South Korea, on Thursday, May 7, 2026. South Korea’s equity market has overtaken Canada’s as the world’s seventh largest, propelled by insatiable demand for chips powering artificial intelligence.

Bloomberg Markets 7d ago

European markets open mixed as AI stocks sell-off hits Asia, South Korea drops 5%

European stock markets had a mixed opening, as shares fell in Asia, with South Korea's benchmark dropping more than 5%. This comes as US markets saw sharp declines in several major artificial intelligence-related stocks on Thursday. As the rally in AI stocks fades, investors were cautious at the open on Friday, with European markets opening to mixed sentiment following steep falls in Asian markets.

Euronews 5d ago

Tech sell-off deepens as oil prices rise on renewed Iran tensions

Global stock markets fell on Wednesday, extending a volatile week driven by concerns about rising inflation, potential U.S. interest rate hikes, and escalating tensions in the Middle East. Asian shares mostly retreated on Wednesday after a sell-off in technology stocks on Wall Street, while oil prices climbed following fresh US airstrikes against Iran. The US military launched attacks early on Wednesday after an Army helicopter crashed near the Strait of Hormuz, an incident President Donald...

Euronews 13h ago

Asia’s stock markets dive amid Iran-Israel conflict, Wall Street jitters

Asia’s stock markets dive amid Iran-Israel conflict, Wall Street jitters South Korea’s main index plunges nearly 9 percent, while stocks in Japan, Taiwan and Hong Kong also see sharp falls. Asia’s major stock markets have dropped sharply amid the resumption of conflict between Israel and Iran and growing expectations of interest rate hikes in the United States. South Korea’s stock market suffered the steepest losses amid a region-wide sell-off on Monday, as investors followed Wall Street’s...

Al Jazeera 2d ago

US stocks today: Wall Street mixed as tech stocks slide, Iran tensions weigh on sentiment

Wall Street's major indexes traded mixed to lower on Wednesday as investors grappled with a continued selloff in technology stocks, rising geopolitical tensions in the Middle East, and expectations that the Federal Reserve could keep interest rates elevated for longer. The S&P 500 was nearly flat after recovering from an early decline, while the Dow Jones Industrial Average fell around 0.5%. The Nasdaq Composite, heavily weighted towards technology stocks, also traded lower.

Times of India 4h ago

Wall Street suffers worst hit of 2026 so far amid massive stock sell-off

Wall Street suffers worst losses in months amid massive tech stock sell-off, inflation and rate hike fears Sat 6 Jun 2026 at 11:16am In short: The US stock market has suffered its worst losses in eight months due to large sell-offs of tech giants' shares and fears of a looming rate hike. The 2.6 per cent slump in the S&P 500 on Friday followed data showing US employers added 172,000 jobs in May, far more than the 80,000 expected for the month. Newly-installed chair of the US Fed Reserve...

ABC Australia 4d ago

Stock market crash today: Rs 5 lakh crore wealth gone! Top reasons for fall

Stock market crash today: Nifty50 and BSE Sensex crashed in opening trade on Monday, with benchmark indices extending losses as weak global cues, relentless foreign investor selling and rising geopolitical concerns dented market sentiment. The broad sell-off erased more than Rs 5 lakh crore from investor wealth, bringing the combined market capitalisation of BSE-listed companies down to around Rs 456 lakh crore.

Times of India 2d ago

$1.3 trillion erased from Wall Street: Here's what slowed down AI rally

US tech stocks came under heavy pressure on Friday, with semiconductor giants leading the decline as investors grew cautious about artificial intelligence-fuelled valuations and digested stronger-than-expected US jobs data. The sell-off was most severe in the chip sector, where the PHLX Semiconductor Index plunged 10.3%, marking its steepest single-day fall since March 2020. The decline followed losses a day earlier after Broadcom's quarterly earnings failed to meet the market's elevated...

Times of India 4d ago

Asian shares mostly slip as latest fighting undermines the US-Iran ceasefire.

Asian shares mostly slip as latest fighting undermines the US-Iran ceasefire. Asian shares are mostly lower as renewed fighting threatens the U.S.-Iran ceasefire - Bookmark Asian shares mostly declined Tuesday as renewed fighting threatened the U.S.-Iran ceasefire. U.S. futures also fell.

The Independent World 8d ago