Sankgeetha drops divorce petition against CM Vijay

South Korea’s Kospi jumped 18% on Friday as US tech earnings triggered a 28% surge in Samsung and SK Hynix. The sharp rebound follows a 40% crash driven by single-stock leveraged ETFs, drawing retail protests. Nomura targets 10,000-11,000 for Kospi, while Citi downgraded the market to neutral over volatility.

FIFA has recognised and apologised for the mismanagement of its World Cup commercialisation strategy. Senior officials expressed unwavering support for president Gianni Infantino despite the plan’s retraction. As criticism escalates from various football entities, the European Leagues association deems the plan perilous, calling for reforms in governance.

Japan’s Nikkei share average finished close to a three percent decline on Thursday, influenced by a sell-off in chip-related stocks and escalating hostilities in the Middle East that dampened risk appetite. Despite Taiwan Semiconductor Manufacturing reporting record earnings, investor caution prevailed amid renewed tensions between the U.S. and Iran. Conversely, Nichirei shares soared after resuming…