BP to sell North Sea business; AI companies lead record surge on Korea’s stock market – business live

Live, rolling coverage as British oil company looks for buyer amid political dispute over future drilling licences Good morning, and welcome to our live coverage of business, economics and financial markets. BP has put its North Sea oil business up for sale, saying it will try to find a buyer amid a political dispute o

South Korea’s Kospi index has jumped nearly 18% as artificial intelligence-related stocks bounce back after losses earlier this week

Korean Stock Surge Leads Asian Rally on Renewed AI Enthusiasm  WSJ

South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocks  AP News

South Korea’s Kospi index jumps more than 13% on a surge of chipmaking stocks  Toronto Star

South Korea’s Kospi index has jumped more than 13%, tracking Wall Street gains, as artificial intelligence-related stocks bounced back after losses this week

Seoul stocks surged by double digits shortly after Friday's opening, triggering buy-side trading curbs on both the Kospi and Kosdaq indexes within minutes. As of 9:20 a.m., the Kospi was trading nearly 13 percent higher at 6,313 points, remaining in double-digit territory after climbing as much as 14 percent to an intr

AI anxiety sparks tech rout, broad selloff in Asian markets  Reuters