tldrdailynews.com logo
Tag

Asia Markets

All articles tagged with #asia markets

SK Hynix jumps after accelerated buyback signals strong growth bets
business9 days ago

SK Hynix jumps after accelerated buyback signals strong growth bets

SK Hynix’s shares surged more than 12% in Seoul after the company accelerated a 40 trillion won share repurchase and cancellation program and aims to lift shareholder returns to over 50% of cumulative free cash flow for 2025–2027, signaling confidence in mid-to-long-term growth despite current memory-sector headwinds. The move follows a plan to invest 54 trillion won to build new memory-chip plants, as other Asian tech stocks rose on market-wide gains and softer U.S. yields supported risk appetite.

via CNBC|
#asia-markets#business#memory-chips
Markets hold near flat as inflation data and earnings loom
business16 days ago

Markets hold near flat as inflation data and earnings loom

Stock futures were little changed as traders awaited July’s producer-price index and Friday’s retail-sales data, with Dow futures near the flatline, S&P 500 futures slightly lower and Nasdaq-100 futures down about 0.1%. Asia-Pacific equities were mixed to firmer, led by gains in Korea and Japan, while Australia slipped. The PPI is expected to rise 0.2% and July CPI rose 0.1% month over month, keeping Fed-rate expectations in play for later in the year (October or December). After-hours, CoreWeave jumped on earnings while Cisco, Cerebras and Coherent fell on mixed results.

via CNBC|
#asia-markets#business#earnings
Asia’s AI stock frenzy tests retail dreams and market nerves
markets23 days ago

Asia’s AI stock frenzy tests retail dreams and market nerves

An AI boom has driven Asia’s stock markets—especially Taiwan and South Korea—to record highs as data-center demand and chipmakers like TSMC, Samsung, and SK Hynix surge. Thousands of first-time investors have piled into tech stocks, with new trading accounts and rising leverage boosting profits but also amplifying risk as losses mount when prices swing. The frenzy has global spillover and spurred regulators to consider tighter controls on leveraged ETFs and other speculative tools, while personal stories of fortune and ruin illustrate the volatility of chasing AI-driven gains.

via cnn.com|
#ai#asia-markets#markets
AI-chip rout hits Kospi as chipmakers lead Asia decline
markets-and-exchanges1 month ago

AI-chip rout hits Kospi as chipmakers lead Asia decline

South Korea’s Kospi plunged nearly 11% on Tuesday as heavy selling of AI-related chipmakers pressured markets; Samsung Electronics and SK hynix dropped sharply, contributing to declines across Asia while U.S. futures were mixed. Analysts cited fears that AI-driven gains may be turning into a bubble and that investors are locking in profits, with the CXMT IPO and ongoing chip-industry competition cited as factors. Oil also fell as tensions eased and traders reassessed the AI rally.

via Yahoo Finance|
#ai-frenzy#asia-markets#chipmakers
Asia’s chip rout deepens as SK Hynix sinks after U.S. tech sell-off
business1 month ago

Asia’s chip rout deepens as SK Hynix sinks after U.S. tech sell-off

Asian semiconductor shares slid after a U.S. chipmakers’ decline spilled into the region, with SK Hynix dropping about 11% in Seoul and Samsung Electronics also lower. The move followed profit-taking after a sharp AI-driven rally, even as demand for high‑bandwidth memory and AI infrastructure remains robust; regulators and hedging signals in the U.S. added caution, though analysts say fundamentals for AI-related chips are intact.

via CNBC|
#ai-infrastructure#asia-markets#business
Canada eyes Asia with new West Coast oil pipeline plan
business1 month ago

Canada eyes Asia with new West Coast oil pipeline plan

Canada says it has secured a deal with British Columbia to build a major oil pipeline from Alberta to the West Coast, aiming to export over 1 million barrels per day to Asian markets and reduce dependence on the United States amid a US–Canada trade war. The plan involves the Trans Mountain Corporation and Pembina Pipeline, with Alberta pushing production growth while BC faces environmental and Indigenous concerns and maintains its northern coast tanker ban. The arrangement follows the Trans Mountain expansion that already shifted a large share of Pacific Coast crude to Asia, part of a broader effort to diversify energy markets beyond the US.

via Al Jazeera|
#asia-markets#business#canada
EV Delivery Boost Lifts BYD, Xiaomi as Asia Markets See Tech Rout
markets1 month ago

EV Delivery Boost Lifts BYD, Xiaomi as Asia Markets See Tech Rout

Hong Kong-listed EV makers BYD and Xiaomi rose after June delivery figures, while a broad tech selloff dragged Asia’s chipmakers and pushed indices like South Korea’s Kospi lower. Oil prices slipped as Middle East tensions eased. Other headlines included Hanwha Ocean being named the preferred bidder for a South Korean destroyer program, rising inflation in Korea fueling rate‑hike expectations, and U.S. stock futures hovering near flat ahead of trading.

via CNBC|
#asia-markets#ev-deliveries#markets
Samsung Leads Asia Tech Rebound as Global Rout Eases
markets2 months ago

Samsung Leads Asia Tech Rebound as Global Rout Eases

Asia's tech shares rebounded after a global sell-off, led by Samsung Electronics' more-than-9% jump and gains for SK Hynix, with mixed moves across Japan and China; US tech names fell overnight as the Nasdaq slid about 2%, and memory-chip makers Micron and Sandisk dropped around 13%, suggesting the rally could be a pause rather than a reversal, according to analysts.

via CNBC|
#asia-markets#kospi#markets
Asia markets wobble as Iran deal scrutiny weighs sentiment
markets2 months ago

Asia markets wobble as Iran deal scrutiny weighs sentiment

Asia-Pacific stocks fell as investors weighed the durability of the U.S.–Iran interim deal, with Japan’s Nikkei down about 0.6% and Korea’s Kospi around -1.6% while the Kosdaq slid nearly 5%; U.S. futures were lower ahead of a holiday weekend after U.S. shares closed higher on rate-hike expectations. The yen weakened past 161 per dollar, oil prices drifted lower on demand outlook, and Indian IT names slid up to about 7% after Accenture cut its revenue forecast.

via CNBC|
#asia-markets#iran-deal#markets
markets2 months ago

Asia markets wobble as Iran tensions weigh; Nikkei, KOSPI retreat from records

Asia-Pacific stocks were mixed as investors weighed signals from the U.S.–Iran conflict; Japan’s Nikkei 225 and South Korea’s KOSPI slipped about 2% from record highs while Hong Kong steadied on tech names after Wall Street’s overnight records, helped earlier by Nvidia’s AI push. Momentum cooled as chipmakers led gains and subtle profit-taking set in; Korea’s May CPI also boosted expectations of higher rates from the Bank of Korea.

via Investing.com|
#asia-markets#iran-tensions#kospi