Search FinNotes

2 matches across 1 sections

Market news & articles

US, Iran unveil preliminary pact to halt fighting and restore Strait of Hormuz traffic

U.S. and Iranian officials said they reached an initial agreement to stop the conflict and resume shipping through the Strait of Hormuz, with a formal signing expected later this week and nuclear issues left for further talks. Oil prices fell and global equities advanced after the announcement.

Markets · 2 months ago

South Korea’s Kospi rebounds over 8% as memory-chip stocks recover after AI-led tech rout

South Korea’s Kospi rose 8.2% to 8,096.93, reversing most of the prior session’s losses. The benchmark had fallen 8.3% to 7,484.41 in its largest one-day drop since March 4. The rebound was led by memory-chip shares, including major domestic semiconductor companies, after a tech selloff tied to AI-related trading.