Chipmakers Lead Korean Stock Selloff on Yield Spike, IPO Stumble
Chipmakers drove losses in South Korean equities Tuesday, as foreign investors reduced exposure on a rise in Treasury yields and a weak stock market debut by a data center firm.
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Chipmakers drove losses in South Korean equities Tuesday, as foreign investors reduced exposure on a rise in Treasury yields and a weak stock market debut by a data center firm.
South Korea is considering regulations to prohibit investment banks without domestic securities licenses from seeking to arrange overseas bond sales of local issuers, according to people familiar with the matter.
Taiwan is emerging as the stronger bet for equity investors due to its deeper linkages across the AI supply chain and a more upbeat earnings outlook. Bloomberg's Winnie Hsu breaks down the news. (Source: Bloomberg)
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