Seoul Economic Daily

South Korean business-oriented, center-right

Stories

• 2 Nvidia CEO Says Chip Unit Sales Should Roughly Double in 2027; U.S. Stocks Rebound Sept. 17 After Fed-Driven Drop
• 4 North Korean State Media Publishes Kim Letter to Putin Backing Russia's 'Sacred War'; Ukrainian Intelligence Separately Puts Possible Deployment at 50,000
• 7 North Korea Says Sept. 12 Missile and Drone Launches Were a Joint Firepower Drill; Seoul Tracked Flights of About 250 Kilometers
• 6 Kospi Closes 4.61% Higher and Nikkei 2.1% Higher as Chipmakers Rally; U.S. Markets Were Closed for Labor Day
• 2 Broadcom Reports $29.6 Billion in Quarterly Revenue, Up 86%; Shares Close Down 3.4% After $34.8 Billion Guidance
• 4 BEA Releases July PCE Inflation Report on Aug. 26; Forecasters Had Put Core at 3.2%–3.3%, Two Days Before Warsh's Jackson Hole Speech
• 5 Magnitude 7.1 Earthquake in Kumamoto, Japan: At Least 34 Dead, Mall Explosion, Chip Plants Halted
• 3 30-Year Treasury Yield Hits 5.2%, Highest Since 2007, After Fed Holds Rates in a 9-3 Vote
• 4 Microsoft, Meta, Apple and Amazon Report Earnings July 29 and 30 as Investors Weigh AI Spending
• 2 U.S. Weekly Jobless Claims Reported at 187,000, Lowest Weekly Total Since 1969
• 4 Asian Chip Stocks Rally on July 21 as Samsung, SK Hynix and TSMC Reverse Early-July AI-Chip Selloff
• 3 Analyst Firm Reports Year-Plus Delay to Nvidia's Next-Generation 'Kyber' AI Server; Asian Supplier Stocks Fall