Ahead of the Lunar New Year holiday, the South Korea stock market had moved higher in two of three trading days since the end of the
Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley.
US markets stabilized Tuesday following a wipeout a day earlier when a Chinese AI startup startled markets with its capacity to compete with American tech giants. Futures for the S&P 500 and the tech-heavy Nasdaq ticked up 0.
The technology-dominated index slipped 3.07% to finish at 19,341.83. The S&P 500 shed 1.46% and closed at 6,012.28. The Dow Jones Industrial Average managed to add 289.33 points, or 0.65%, settling at 44,713.58.
The dividend yield of Chinese firms stood at 2.8% at the end of 2024, the highest in 8 years: LSEG data Read more at straitstimes.com.
Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.
The unveiling of a large language model by a Chinese firm that can compete with U.S. giants but at potentially a fraction of the cost was like a "nuclear bomb in the AI technology world", a market expert said on Tuesday.
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in inflation-adjusted terms and holding exchange rates fixed. Our data covers 3.7bn people, nearly 80% of Asia, leaving out the rich economies of Japan, Taiwan, South Korea, Hong Kong and ...
The Exchange Fund, Hong Kong’s financial war chest for defending ... The weak performance of the stock markets in the fourth quarter and falling bond prices affected the performance of the ...
and the country’s stock market ended the year as one of the worst performers in Asia. Now that U.S. President Donald Trump has returned to the White House, South Korea’s record trade surplus with the United States could make it a target for tariffs.