South Koreas Kospi index jumps nearly 18% on a surge in chipmaking stocks
BANGKOK (AP) — South Korea’s Kospi index jumped nearly 18% on Friday, tracking gains on Wall Street as artificial intelligence-related stocks bounced back after losses earlier this week. U. S. futures edged higher and oil prices slipped. The Kospi surged at the open and then wavered, eventually gaining 17. 9% to 6,695. 45, its largest single day gain ever. Shares of South Korean technology giant Samsung Electronics surged 28%, while memory chipmaker SK Hynix soared 30%. The Kospi index had...
Read MoreFri, 31 Jul 2026
- South Koreas Kospi index jumps nearly 18% on a surge in chipmaking stocks
- Anthropic says its AI models hacked 3 organizations during testing
Thu, 30 Jul 2026
- Some robotaxis approved to operate without steering wheels and losing the brake pedal could be next
- Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results
- WestJet flight attendants threaten to strike during long August weekend in Canada
- Federal government to turn a Kentucky uranium plant into an AI data center and gas power complex
- Strong iPhone sales propel Apples fiscal Q3 results past Wall Streets expectations
- Microsofts best day since 2008 leads US stocks, while inflation worries remain in the bond market
- Average 30-year US mortgage rate rises to highest level in a year at 6.66%
- Between prices and a diarrhea-causing parasite, lettuce is causing hard times at some restaurants
- US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly high
- US filings for jobless benefits rise to 197,000 last week, but layoffs remain historically low
- Bank of England keeps key rate at 3.75% for the fifth time this year
- EU lays out $11.4 billion for 7 AI gigafactories as it aims to catch up with US and China
- Trump touted his tariffs in Michigan despite rising costs. Even some of his supporters are worried
- Samsung reports record profit as South Korean chip giants benefit from global AI boom
- 60 Minutes announces new slate of correspondents for upcoming season
Wed, 29 Jul 2026
- Starbucks reports strong quarterly sales across customer income levels and times of day
- Meta shares drop as Q2 profit declines due to legal expenses and severance costs
- Microsoft beats Wall Street expectations with $90B in revenue
- Oil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower
- Fed leaves interest rate unchanged but with 3 dissents as Warsh praises good family fight
- Russia accuses Telegram CEO Pavel Durov of aiding terrorism in its latest digital crackdown
- The 5 best midsize three-row SUVs, according to Edmunds
- US bans foreign-made humanoid robots, targeting China over national security
- Indias capital part of aggressive electric vehicle targets in bid to curb air pollution
Tue, 28 Jul 2026
- Former Golden Globes owners sue Penske Media alleging fraud in acquisition of awards show
- Elon Musk launches invite-only X Money with a Visa debit card, 6% yield and real-time transfers
- Lawsuit claims US civil rights agency has halted all federal-sector class complaints
- Wall Streets flip from AI to less-loved stocks accelerates, while oil prices keep easing
- eBay agreed to pay nearly $50 million to couple sent cockroaches, bloody pig mask
- Democrats TV ad targets data centers in drive to oust Republican from swing Pennsylvania House seat
- Minnesotas first-in-the-nation law banning prediction markets is halted in federal court
- Americans confidence in US economy falls as Iran conflict sends gas prices higher
- Azerbaijan court convicts 9 journalists and activists in a case seen as an attack on media freedom
- Will tough talk be enough? Fed Chair Warsh faces pressure to combat inflation
- Workplaces look for cheaper AI as tokenmaxxing fades as a corporate fad
- Johnson Johnson proposes $5.5 billion talc settlement to end marathon legal fight
- China hits back at criticism over excess industrial capacity as more US tariffs loom
- Do bonds appreciate over time?
Mon, 27 Jul 2026
- IMF chief says Argentina is better positioned to meet debt obligations under Milei
- Trump defends his sweeping tariffs and watches America First drag races during Michigan stop
- Stocks drift on Wall Street and crude oil prices drop as Mideast tensions cool
- Mediators see progress in efforts to halt Iran war as drone attacks rattle region
- Cracker Barrel CEO steps down a year after logo debacle
- Clinton Foundation launches an institute to help state governments find nonpartisan solutions
- China memory chipmaker CXMTs shares soar in a blockbuster share listing in Shanghai
- A forced-labor crackdown or an end-run around Congress? Dissecting Trumps new tariffs
Sun, 26 Jul 2026
- Oil prices ease after US and Iran pause their attacks
- US and Iran pause their attacks after days of escalation
- Cheaper, open and intelligent: Chinese AI models gain ground, as they make inroads in the US
Sat, 25 Jul 2026
- Small businesses file lawsuits against Trumps new sweeping tariffs
- The rockets and feathers effect: Inflation eases but grocery bills do not
- Americans rewire their grocery shopping routines while digesting the biggest price jump in 50 years
- SpaceX launches Starship on another test flight, this time with the most advanced Starlinks
Fri, 24 Jul 2026
- Paramount delays closing Warner buyout while judge considers states challenge
- Salmonella outbreak tied to eggs has sickened 98 people since November
- Stocks waver on Wall Street while crude oil prices fall for the first time in a week
- New US tariffs linked to claims of foreign forced labor dismay and anger trading partners
- Trump says the US will investigate EU trade practices, claiming the bloc unfairly fined tech giants
- White House wants veterans to replace immigrant truckers who lost their licenses in crackdown
- American Express Q2 profit rises driven by higher spending and fewer delinquencies
- EU finds TikTok violates its digital rule book by failing to protect privacy of minors
- Celebrity giving is evolving: Ariana Grandes foundation shows how
- China slaps export controls on 14 EU entities in retaliation for Russia-related sanctions
----------
Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Copyright © 1996 - 2026 CoreComm Internet Services, Inc. All Rights Reserved. | View our Privacy Policy
CoreComm is not responsible for content on external sites. Please review the privacy and security policies of each vendor before making online purchases or providing personal information. Forecast Information Provided by AccuWeather.