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08.06.26 - 08:24
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Stock markets fall and oil jumps as Middle East conflict intensifies and AI boom falters – business live (The Guardian)
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Rolling coverage of the latest economic and financial newsMajor chipmakers led the slump on South Korea's stock market today.Samsung Electronics are down 9.2%, and SK Hynix has dropped by 6.4%, helping to pull the KOSPI index down by over 8%. That slump tripping circuit breakers on the Seoul stock market.Circuit breakers were activated at 0003 GMT, halting trading for 20 minutes for the first time in three months. It was the third time they were triggered this year, and the ninth in history. Continue reading......
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08.06.26 - 06:12
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′Odd Lots′ Meets ′The China Show′: Stock Rout Hits Asia (Bloomberg)
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Asian stocks dropped Monday as AI-related shares sold off after a blistering rally, led by losses in Korean chipmakers SK Hynix and Samsung. Joe Weisenthal and Tracy Alloway from Bloomberg's Odd Lots podcast join Yvonne Man and Stephen Engle on The China Show. (Source: Bloomberg)...
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08.06.26 - 02:57
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Korea "Black Monday": Kospi Halted For 20 Minutes After Crashing Almost 10% (ZeroHedge)
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Korea "Black Monday": Kospi Halted For 20 Minutes After Crashing Almost 10%
After the close on Friday, we said that on Monday, Korean stocks would be a "bundle of joy"...
Korea on Monday will be a bundle of joy
— zerohedge (@zerohedge) June 5, 2026
... and that appears to be playing out in early Asian trading, as the Kospi index crashed 8.8% just after the open, taking the key index's decline from its recent peak to nearly 17%, poised to enter a technical correction and on pace for an outright bear market (20% drop from highs) should the local plunge protection team fail to stem the collapse.
Memory maker Samsung Electronics fell as much as 11% while peer SK Hynix Inc. slid 10%.
Since these two stocks account for virtually all the recent upside in Korean stocks, levered retail investors - who were buying everything foreign investors had to sell after a record stretch of 21 days of non-stop selling...
Foreigners have sold Korean stocks every single day - mostly to dome...
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06.06.26 - 07:06
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Chinese memory makers step up challenge to Korea′s chip champions (SCMP)
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This article was first published by The Korea Times in a partnership with the South China Morning Post.
Two of China's leading memory-chip makers are moving closer to public listings, posing a significant long-term challenge to South Korean giants Samsung Electronics and SK Hynix, despite a limited immediate threat, according to analysts.
ChangXin Memory Technologies (CXMT), China's leading dynamic random-access memory (DRAM) producer, won approval last week for its nearly 30-billion-yuan......
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05.06.26 - 17:30
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$1k in ASML Smashed The S&P at Every Milestone (24/7 Wall St.)
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Ten years ago, ASML (NASDAQ:ASML) was a respected Dutch equipment maker quietly perfecting a technology most investors had never heard of: extreme ultraviolet lithography. Today, it is the sole supplier of EUV machines required to print transistors smaller than 7 nanometers, and every cutting-edge chip from TSMC, Samsung, and Intel runs through its tools. The ... $1k in ASML Smashed The S&P at Every Milestone...
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