DistantNews
Support us

Asian Stocks Plunge

3 countries ๐Ÿ‡ฐ๐Ÿ‡ท ๐Ÿ‡ธ๐Ÿ‡ฌ ๐Ÿ‡น๐Ÿ‡ผ Economy & Trade

8 articles from 3 countries

Stock markets in Taiwan, Japan, and South Korea are experiencing significant drops due to deleveraging pressures. South Korean AI chip suppliers are attracting billions in investment, signaling a new chapter for investors in the sector. Meanwhile, LG and Koscom are developing an AI-based stock market prediction service for South Korea.

๐Ÿ‡ฐ๐Ÿ‡ท South Korea/Korean

South Korean Stocks Soar to Record Highs Amid Global Rally

- South Korea's KOSPI index surged 17.91% on March 31, marking its largest single-day gain since its inception in 1983. - The rally was fueled by a significant rise in semiconductor stocks in the U.S. market and a rebound after recent sharp declines. - Major companies like Samsung Electronics and SK Hynix saw substantial increases, while foreign investors net-bought heavily, contrasting with indivโ€ฆ