Korean stocks suffer worst crash ever as Iran war hits chipmakers
South Korea experienced its worst stock market crash ever, with the KOSPI index dropping 12% amid fears of energy shortages stemming from the Iran war affecting chipmakers.
Seoul hits record high, global stocks turn mixed as Wall Street pauses
Seoul's Kospi index reached a record high, spurred by strong performances from chipmakers, while global stock markets showed mixed reactions following Wall Street's performance.
Wall Street: Positive turn after two-day losses driven by technology and banks
U.S. markets rebounded on Thursday with major Wall Street indices experiencing significant gains, spurred by strong performances from chipmakers and banks following positive labor market data.
China’s top contract chipmakers pursue acquisitions amid Beijing’s self-sufficiency drive
Hua Hong Semiconductor and SMIC are making significant acquisitions as part of China's strategy for self-sufficiency in the semiconductor industry.