Kospi

South Korea’s Kospi share index falls 8%, other Asian shares are also mostly lower

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TOKYO — South Korea’s Kospi stock index dropped more than 8% on Wednesday as doubts over massive investments in artificial intelligence once again led investors to dump shares. The latest rout was led by a plunge in shares in chipmaker SK Hynix after its operating profit in the last quarter fell short of analysts’ forecasts … Read more

AI boom drives a rally in buying of tech shares, pushing South Korea’s Kospi to a record

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Employees of Hana Bank celebrate in a photo opportunity to mark the Korea Composite Stock Price Index (KOSPI) of over 7,000 points at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 6, 2026. (AP Photo/Lee Jin-man) The Associated Press Source link