South Korea’s AI stock boom is now a cautionary tale of leverage’s power. SK Hynix’s plunge triggered billions in stock sales, deepening the Kospi’s slide. Leveraged products and concentrated index weightings amplified market swings in both directions. This dynamic is now being watched globally as Korea is central to the AI hardware supply chain. Regulators are monitoring the situation and considering additional measures to curb volatility.
IndiGo shares rise 2% after India’s largest airline hikes excess baggage and priority service prices
InterGlobe Aviation, IndiGo’s operator, raised charges for domestic ancillary services, including infant travel, excess baggage and priority check-in and boarding. The revisions increase passenger costs