Global Market: South Korean shares rebound as chip stocks track Wall Street gains

Synopsis South Korean shares rebounded on Thursday, with the KOSPI rising 1.38% as chipmakers tracked gains in their US peers and optimism over AI demand lifted technology stocks. Samsung Electronics and SK Hynix advanced, and POSCO Holdings also gained, although foreign investors remained net sellers. South Korean shares rose more than 1% on Thursday, rebounding from a two-week low, as chipmakers tracked gains in their U.S. peers and helped lift the broader market, Reuters reported. The benchmark KOSPI was up 90.60 points, or 1.38%, at 6,653.32 by 0129 GMT. The index had closed at its lowest level since August 19…