Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
All
Crypto
Stocks
Commodities & Forex
Macro
Flash
01:04
Japan's TOPIX Index rises over 2%
Golden Dragon May 7|Japan's TOPIX Index rises by 2.47%, currently quoted at 3,820.96 points.
01:00
Citi raises target for South Korea's Kospi Index to 8,500 points, driven by growth in the semiconductor sector and other factors
Glonghui, May 7 — Citigroup raised its target level for South Korea's Kospi index from 7,000 to 8,500 points, reflecting growth potential in semiconductor industry earnings, fiscal stimulus, and government initiatives to boost corporate value. Analysts including Peter Lee wrote in a report that, driven by strong growth in the semiconductor industry and improvements in the fundamentals of South Korea’s manufacturing sector, net profits for fiscal year 2026 are expected to grow by 177% year-on-year. “We observed that South Korean memory chip suppliers will benefit from customization trends and cycle extensions through long-term chip agreements.”
00:51
ADATA: Memory shortages expected until 2027 as inventory surpasses 8.6 billion yuan
The supply gap is widening simultaneously, and "there is no doubt that shortages will continue next year." ADATA emphasized that the company continues to build up its inventory in preparation for strong storage demand. In the first quarter, the company's inventory reached approximately NT$36.4 billion and further surpassed NT$40 billion by the end of April.
News