Asia Stocks Fall as Samsung Earnings Fail to Ease AI Valuation Concerns 
South Korea’s KOSPI Plunges as Samsung, AI Chip Stocks Trigger Market Sell-Off 
Iran Targets U.S. Bases in Bahrain, Kuwait as Hormuz Conflict Escalates and Oil Prices Jump 
US Stock Futures Steady as Middle East Tensions and Fed Minutes Keep Investors Cautious 
Nasdaq Futures Slide as AI Chip Stocks Sink Despite Samsung Earnings; SpaceX Debuts in Nasdaq-100 
Chinese Chip Stocks Jump as Apple Reportedly Tests CXMT Memory Chips for China Devices 
Oil Prices Rise as U.S.-Iran Conflict Fuels Strait of Hormuz Supply Fears 
US Launches New Iran Strikes as Strait of Hormuz Conflict Escalates, Oil Prices Rise 
Asian Stocks Slip as AI Chip Valuation Fears, Rising Oil Prices Weigh on Markets 
Venezuela Earthquake Death Toll Climbs to 3,811 as Government Seeks Sanctions Relief 
European Stocks Hold Steady as Consumer Shares Rise, AI Tech Selloff Weighs on Markets 
US Back-to-School Spending Seen Falling as Families Focus on Essentials 
RBNZ Raises Interest Rates to 2.50%, Signals More Tightening as Inflation Risks Persist 
Gold Prices Slip as Stronger Dollar, Fed Rate Outlook Weigh on Bullion 
China Inflation Cools in June as Producer Prices Hit Four-Year High 
US Stock Futures Slip as Fed Minutes, Earnings Season Take Center Stage 
Oil Prices Jump as Middle East Tensions Shake Markets, AI Rally Loses Steam 
Asian stock markets mostly declined on Thursday as renewed geopolitical tensions in the Middle East, higher oil prices and cautious signals from the U.S. Federal Reserve weakened investor sentiment. Concerns over Samsung Electronics' disappointing earnings reaction also continued to pressure South Korean equities, despite selective gains across semiconductor stocks.
Wall Street ended mixed overnight after the Federal Reserve's June meeting minutes reinforced a cautious approach to interest rates. U.S. stock futures, including the S&P 500 Futures and Nasdaq 100 Futures, traded little changed, offering limited direction for Asian markets.
South Korea remained the region's weakest performer. Samsung Electronics dropped another 2.5% after plunging nearly 7% in the previous session, as investors remained unconvinced despite the company's sharp increase in quarterly operating profit. LG Innotek lost more than 5%, while SK Hynix rebounded 3.5% following reports that demand for its planned $28 billion U.S. share sale exceeded seven times the available shares. Nevertheless, the KOSPI fell nearly 1.8%, extending losses after officially entering bear-market territory earlier this week.
Japan outperformed regional peers as bargain hunting returned to semiconductor-related stocks. The Nikkei 225 gained about 1.5% and the TOPIX added 0.5%, supported by strong advances in Murata Manufacturing, TDK and Kioxia Holdings after Bain Capital confirmed its exit from the flash memory company.
Elsewhere, Australia's S&P/ASX 200, Hong Kong's Hang Seng, the Shanghai Composite and the CSI 300 all finished lower. Singapore's STI rose 0.7% on defensive buying, while India's Nifty 50 Futures posted modest gains.
Investor caution intensified after the United States launched fresh strikes on Iranian military targets, citing efforts to protect commercial shipping through the Strait of Hormuz. Iran responded with missile and drone attacks targeting U.S. military facilities in Kuwait and Bahrain. Although President Donald Trump later said he did not expect a wider conflict, rising oil prices renewed concerns over inflation.
The Fed's June meeting minutes also highlighted persistent inflation risks tied to tariffs, geopolitical uncertainty and AI-driven demand, reinforcing expectations that policymakers will remain patient before easing monetary policy. Investors are now focused on China's June inflation figures, Malaysia's central bank decision and next week's U.S. consumer inflation report for further market direction.
