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South Korea's KOSPI opened 1.1% higher as SK Hynix rallied 18% and Samsung Electronics gained 15% at the open.

2026-07-31

South Korea's KOSPI opened 1.1% higher as SK Hynix rallied 18% and Samsung Electronics gained 15% at the open.

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2026-07-31

Asian emerging-market equities posted their largest single-day gain in over 17 years on Friday, led by rallies in South Korea and Taiwan and easing concern about AI-related spending. The MSCI Asia emerging-markets index rose about 7% and the Asia EM

Asian emerging-market equities posted their largest single-day gain in over 17 years on Friday, led by rallies in South Korea and Taiwan and easing concern about AI-related spending. The MSCI Asia emerging-markets index rose about 7% and the Asia EM technology index climbed more than 13%, both their biggest daily gains since late October 2008; they remain down roughly 5% and 14% month-to-date. Strong results and guidance from Microsoft and Amazon helped calm investor worries over hefty AI capex, with Nomura saying Microsoft’s outlook—continued capex growth but positive free cash flow by fiscal 2027—could relieve pressure on AI infrastructure stocks.
2026-07-31

Gaza Peace Committee: The second phase of the Gaza mechanism will be ready within 14 days.

Gaza Peace Committee: The second phase of the Gaza mechanism will be ready within 14 days.
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