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Grip taps industry veteran John Hummel to lead cold chain fulfillment expansion India Retains Global Dairy Lead as USDA Forecasts Milk Output Rise to 105.4 MT in 2026 Months After Apple Warned of Low Supply, Mac Mini Shortage Persists with Long Lead Times and Price Hikes Data centres could pay hundreds of millions in deposits for power demands under Ofgem proposals Dry Bulk Volatility Is No Longer the Risk but the Business Model, Says Sagitta Marine CEO One of These Ethernet Switches Will Give Your Router the Ports You Need Zhenghe Mainline Orders Six 4,600 TEU Boxships at Hengli Shipbuilding for Baltic Service Zanskar Revives Failing Geothermal Well, Sets US Productivity Record ADNOC sells 12 million barrels of crude at premiums to Asian refiners in seventh tender amid Iran tensions IACS chief Robert Ashdown appointed chair of trustees at seafarer charity Stella Maris UK Grip taps industry veteran John Hummel to lead cold chain fulfillment expansion India Retains Global Dairy Lead as USDA Forecasts Milk Output Rise to 105.4 MT in 2026 Months After Apple Warned of Low Supply, Mac Mini Shortage Persists with Long Lead Times and Price Hikes Data centres could pay hundreds of millions in deposits for power demands under Ofgem proposals Dry Bulk Volatility Is No Longer the Risk but the Business Model, Says Sagitta Marine CEO One of These Ethernet Switches Will Give Your Router the Ports You Need Zhenghe Mainline Orders Six 4,600 TEU Boxships at Hengli Shipbuilding for Baltic Service Zanskar Revives Failing Geothermal Well, Sets US Productivity Record ADNOC sells 12 million barrels of crude at premiums to Asian refiners in seventh tender amid Iran tensions IACS chief Robert Ashdown appointed chair of trustees at seafarer charity Stella Maris UK
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South Korea's Kospi tumbles 6% as SK Hynix miss, AI spending fears trigger chip rout Finance
Capital Markets #south korea#kospi

South Korea's Kospi tumbles 6% as SK Hynix miss, AI spending fears trigger chip rout

South Korea's benchmark Kospi index plunged 6% on Wednesday, closing at 5,663.24, its lowest since early April. The selloff was led by a 9.4% drop in SK Hynix after quarterly earnings missed forecasts, and a 4.8% decline in Samsung Electronics. Renewed concerns over high AI valuations and China's progress in low-cost AI models weighed on the sector, with regional markets like Japan's Nikkei and Taiwan's Taiex also falling.

Jul 29, 2026 1 source