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Finance

KOSPI surges 14 percent on foreign buying in record one-day rebound

South Korea\'s KOSPI jumped 14 percent in its biggest one-day rebound, with foreign investors seen as the key driver. CNBC reported the market turned on a rebound in U.S. tech stocks and renewed expectations for AI semiconductors, while SK Hynix and Samsung Electronics also rose sharply. Analysts cited short-covering and leveraged ETF rebalancing as additional factors. Some warned the surge could be temporary and said the next test is whether foreign buying persists.

Crypto

Cardano joins RWA tokenisation race, ranks fifth in growth among major chains

Cardano ranked fifth among major blockchains for 30-day growth in tokenised real-world assets (RWA), with value rising 23.1 percent to $55.3 million, The Crypto Basic reported. The ranking, compiled by the RWA Foundation using Token Terminal data, compared monthly RWA value growth across ecosystems. Cardano is smaller in absolute size than top chains but outpaced some large networks in growth. Its ecosystem is also expanding RWA infrastructure and partnerships.

Finance

SEC to hold September roundtable on 24-hour trading for U.S. stock market

The U.S. Securities and Exchange Commission will hold a public roundtable on Sept. 17 in Washington to discuss expanding overnight trading and options for running a 24-hour U.S. stock market. The agenda includes operational requirements, system resilience and other issues needed to support overnight trading. The discussion comes as major exchanges move to extend trading hours. Nasdaq has begun talks on offering 24-hour trading five days a week, targeting the second half of 2026.