Samsung jumps 15% as Asia markets hit record highs
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- Samsung shares surge 15% on the day, lifting the South Korean market to a new record.
- Kospi crosses the 7,000‑point threshold for the first time, driven by AI‑related tech buying.
- Yen strengthens sharply against the dollar as investors rotate into safe‑haven assets amid the AI rally.
- Asia markets rally on AI hype, with multiple indices hitting record highs across the region.
Why it matters: Samsung shareholders capture a 15% jump as the Kospi tops 7,000, while Japanese exporters feel pressure from a surging yen, tightening profit margins and prompting a shift toward domestic sourcing.
