Korea Leads Asia's Tech Rally; Yen in Focus
U.S. tech earnings revival sparked AI spending momentum, driving Korea's Kospi near record highs despite leveraged-ETF curbs. Tech leaders face: diverging monetary policy (Fed tight, BOJ loose) impacting M&A/funding costs, plus EU's AI gigafactory push challenging U.S. dominance in chip infrastructure.
Korea Leads Asia's Tech Rally; Yen in Focus
Strong U.S. tech earnings revived enthusiasm for artificial-intelligence spending, while the yen weakened further after the Bank of Japan stood pat.
Korea's Kospi Heads for Record Daily Gain, Defying Efforts to Tame Wild Swings
The country's regulators have imposed increasingly stringent restrictions on single-stock leveraged exchange-traded funds tracking SK Hynix and Samsung Electronics.
Bank of Japan Stands Pat, Continues to See Inflation Around 2%
By Ronnie Harui and Kimberley Kao
(Bloomberg) -- A global rally in technology stocks gathered momentum as South Korean equities posted a record jump, with…
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(Bloomberg) -- Asian stocks rallied after South Korean equities posted a record intraday gain, as investors renewed bets on the…
(Bloomberg) -- South Korean stocks posted a record intraday gain, lifting Asian shares as investors renewed bets on the…
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