Bank of Korea suspected of buying USD against the KRW
The won has been on a surge lately, along with many Asian currencies - the BoK are in to take some of the heat out of it.
more to come
The won has been on a surge lately, along with many Asian currencies - the BoK are in to take some of the heat out of it.
more to come
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AI stocks rebound, pushing S&P 500 near record highs. Chipmakers lead the charge, while oil prices ease.
AI stocks rally, pushing S&P 500 near record highs. Chipmakers lead the charge, boosting futures.
Vertex snaps up Crinetics for $10B! CRNX stock jumps 100% on the news. Biotech M&A heats up.
investingLive Asia-Pacific FX news wrap: Renewed Hormuz attacks & Samsung-led equity slide Financial market news for Asian trading on Tuesday, July 7, 2026
More - Samsung's record profit fails to stop shares plunging, dragging KOSPI down 6% More detail on that record Samsung profit that wasn't enough to stop a broad selloff across South Korea's chip stocks.
Samsung's 1800% profit jump on AI chips can't lift shares. Valuation concerns linger post-rally.
Asia-Pacific stocks fell broadly on Tuesday as Samsung shares slumped despite a bumper profit forecast, dragging down regional chip stocks, even as Wall Street hit fresh highs overnight and Japanese investors rotated into value shares.
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