South Korea aims to develop domestic 100-qubit quantum computer by 2029, aim to become No. 1 in quantum chip manufacturing by 2035 - South Korea government
South Carolina Sen. Darline Graham, sister of late Sen. Lindsey Graham, will advance to a runoff in the special Republican Senate primary as she seeks a full term, CNN's Decision Desk projects. Follow live updates.
South Carolina Sen. Darline Graham, sister of late Sen. Lindsey Graham, will advance to a runoff in the special Republican Senate primary as she seeks a full term, CNN's Decision Desk projects. Follow live updates.
South Korean retail investors are turning to US stocks amid domestic market turmoil:
Retail investors from South Korea bought +$4.6 billion worth of US stocks in July, the largest monthly total since January 2026.
This marks a +627% MoM increase and follows -$469 million and -$940 million in sales in April and May, respectively.
July purchases were also well above the +$2.7 billion monthly average recorded in 2025, a year when South Korean retail investors more than tripled their purchases of US equities from 2024.
As a result, South Korean retail investors bought more US stocks last month than domestic equities for the first time since February.
This comes as the KOSPI Index has dropped -33% from its June peak, with ~75% of the decline driven by the 2 largest chipmakers, Samsung and SK Hynix.
US stocks are benefiting from South Korea's market downturn.