South Korea factory activity quickens on surge in export demand, PMI shows

SEOUL, Aug 3 : South Korea's factory activity expanded at a stronger pace in July on a jump in export demand, a survey showed on Monday.• The purchasing managers index (PMI), published by S&P Global, stood at 53.1 in July, up from 52.1 in June, staying above the 50 mark separating expansion from contraction for an eigh

Authorities issue alert saying indoor spaces without airconditioning are ‘dangerous’ as temperatures pass 40C for fifth straight day South Korea has registered its highest temperature since records began more than a century ago, as authorities warned people to “immediately” stop all outdoor activities in affected area

South Korea's July exports reached $98.89 billion, the second-highest monthly total, as semiconductor shipments topped $40 billion again.

South Korea’s Export Growth Moderates But Remains Solid on Chip Demand  WSJ

South Korea July exports beat forecasts on robust demand for AI investments  Reuters

South Korea’s Kospi index jumped nearly 18 per cent on Friday, tracking gains on Wall Street as artificial intelligence-related stocks bounced back after losses earlier this week.

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

Yangsan city, South Gyeongsang Province, broke its own record Friday for the highest temperature ever recorded through South Korea's standard weather observation system. The city in the southeastern region recorded 41.4 degrees Celsius as of 1:40 p.m., surpassing the 40-degree mark for the third straight day since Wedn

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

It may be a harbinger of things to come

The benchmark KOSPI .KS11 sees steep decline as interest in chipmakers falls.

It’s no secret that investors are getting nervous about AI, leaving chipmakers’ shares struggling. Wednesday brought further evidence with South Korea’s Kospi (Korea Composite Stock Price Index) falling another 6%. The stock index is down over 32% in just the last month.  The significant decline follows poor performanc

The Nigerian stock market saw a significant rebound, gaining N482bn as renewed buying interest lifted the overall market capitalization. Discover top gaine