Asian shares edge up as chip sell-off eases ahead of US CPI
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What happened
Samsung Electronics and SK Hynix rose more than 2% in South Korea, while Japan's Kioxia was steady, recovering some of the previous-session losses. (EPA Images pic) HONG KONG: Asian shares inched higher on Wednesday as those related to artificial intelligence found respite after a selloff, while any gain was tempered by elevated oil prices and caution ahead of US inflation data later in the global day. (Free Malaysia Today, 10:44)
The reporting
5 reports
Photo: Free Malaysia Today Free Malaysia Today·News·EN·14 Oct, 10:44 MYTAsian shares edge up as chip sell-off eases ahead of US CPI
Samsung Electronics and SK Hynix rose more than 2% in South Korea, while Japan's Kioxia was steady, recovering some of the previous-session losses. (EPA Images pic) HONG KONG: Asian shares inched higher on Wednesday as those related to artificial intelligence found respite…
Read at Free Malaysia Today
Photo: Free Malaysia Today Free Malaysia Today·News·EN·14 Oct, 20:43 MYTGlobal stocks rise as AI shares stabilise
S&P 500 futures were up 0.1%. (EPA Images pic) LONDON: Global stocks rose on Wednesday, helped by a steadying in AI-related shares and government bonds, as investors kept volatility to a minimum ahead of US inflation data later in the day.
Read at Free Malaysia Today
Photo: Free Malaysia Today Free Malaysia Today·News·EN·15 Oct, 09:02 MYTAsian markets sell off as AI trades crumble after hot US CPI data
MSCI's broadest index of Asia-Pacific shares outside Japan was down 1.2%, led by a 5.6% plunge in South Korea's KOSPI. (EPA Images pic) SINGAPORE: Markets started the day on the back foot as trading kicked off in Asia on Thursday, as a quicker-than-expected increase in US…
Read at Free Malaysia Today
Photo: Free Malaysia Today Free Malaysia Today·News·EN·15 Oct, 12:28 MYTKorean stocks tumble 8% as investors rush to unwind AI exposure
Once Asia’s posterchild for the AI trade, SK Hynix has lost more than US$660 billion in market value from its all-time high. (AFP pic) SEOUL: A global selloff in semiconductor stocks dragged South Korea’s equity benchmark down 8% on Thursday, underscoring the scale of an…
Read at Free Malaysia Today
Photo: Free Malaysia Today Free Malaysia Today·News·EN·16 Oct, 13:44 MYTChinese stocks rebound from 14-month lows as AI firms unveil stellar forecasts
The Shanghai Composite Index rose 1%, though China's stock market remains on track for its worst week in three months. (AFP pic) SHANGHAI: China stocks rebounded on Friday from the previous session’s 14-month lows, after a slew of AI-related companies proposed share buybacks or…
Read at Free Malaysia Today
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- Step 1News outletsFree Malaysia Today10:44
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