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South Korea's Kospi rebounds into bull market, led by semiconductor stocks amid AI optimism.

Market News
13 Aug 2026
CNBC
View Source
Bullish
South Korea's Kospi rebounds into bull market, led by semiconductor stocks amid AI optimism.

South Korea's Kospi index has surged over 20% from its July low, marking a return to bull-market territory driven by strong investor interest in semiconductor companies. This rebound follows a recent sell-off caused by leveraged positions and forced selling. Confidence has been boosted by strong U.S. tech earnings and ongoing AI infrastructure investments, supporting expectations for robust demand in memory chips. However, the market remains volatile due to its heavy reliance on a few semiconductor giants and uncertainties around AI spending. Experts suggest the rally is grounded in improving fundamentals rather than speculation, but caution that some consolidation may occur after the sharp rise.

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Low side effects and improved treatment experience reported for RYBREVANT FASPRO plus LAZCLUZE in advanced lung cancer

Low side effects and improved treatment experience reported for RYBREVANT FASPRO plus LAZCLUZE in advanced lung cancer

Johnson & Johnson announced positive Phase 2b COPERNICUS study results showing low rates of rash, blood clots, and administration-related reactions with subcutaneous RYBREVANT FASPRO plus LAZCLUZE in treating advanced non-small cell lung cancer with ...

Market News
Bullish
4 hours ago
Oil prices and 10-year Treasury yields hit strongest correlation since 2019, pressuring markets and inflation.

Oil prices and 10-year Treasury yields hit strongest correlation since 2019, pressuring markets and inflation.

Oil prices and 10-year Treasury yields are moving in near lockstep, with their correlation reaching 0.96—the highest since 2019. This tight relationship is driven by rising oil prices due to Middle East tensions, pushing inflation expectations and Tr...

Market News
Bearish
4 hours ago
Rose's Income Garden portfolio gains 12.07% YTD with strong dividend yields from preferred shares and REITs

Rose's Income Garden portfolio gains 12.07% YTD with strong dividend yields from preferred shares and REITs

Rose's Income Garden (RIG) portfolio, consisting of 72 holdings across all 11 GISC sectors plus a personal preferred shares sector, achieved a 12.07% year-to-date gain and offers a 5.76% forward yield as of August 2026. Key income-focused investments...

Market News
Bullish
4 hours ago
Globant's Q2 shows strong AI-driven growth and a shift to higher-margin business model, boosting investor appeal.

Globant's Q2 shows strong AI-driven growth and a shift to higher-margin business model, boosting investor appeal.

Globant reported strong Q2 results highlighted by rapid AI-driven revenue growth, with its new Glob.AI platform and AI Pods raising annual recurring revenue (ARR) to $52.8 million in June, a 60% increase since March. The company is shifting to output...

Company Fundamentals
Bullish
4 hours ago
Kyverna Therapeutics aims for first approved cell therapy for autoimmune disease by Q4 2026.

Kyverna Therapeutics aims for first approved cell therapy for autoimmune disease by Q4 2026.

Kyverna Therapeutics is progressing toward filing its Biologics License Application (BLA) by Q4 2026 for a cell therapy targeting Stiff Person syndrome, a rare autoimmune disease with no current approved treatments. If successful, this would mark the...

Market News
Bullish
4 hours ago
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