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Published on 28/07/2026 – 7:11 GMT+2•Updated
7:22

Trading was temporarily halted as the Kospi dropped to its lowest level since April after shares in chipmakers Samsung Electronics and SK Hynix fell sharply.

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The Kospi was down 10.5% at 6,051.19 in overnight trading. Samsung’s shares tumbled 12%, while SK Hynix’s shares were down 12.7%.

A big factor driving the selling of AI-related shares, analysts said, is the expectation that competition from Chinese AI start-ups and chipmakers might undermine gains for global companies whose shares have skyrocketed due to the AI frenzy.

A 466% jump in the price of Chinese chipmaker CXMT on its trading debut Monday has underscored such concerns. CXMT raised at least $8.6 billion (around €7.6bn) in its initial public offering on Shanghai’s tech-oriented STAR exchange.

Most other Asian markets also fell, with Tokyo’s Nikkei 225 down 4% at 62,350.18. The Taiex in Taiwan skidded 3.9%. Hong Kong’s Hang Seng edged 0.1% lower, to 25,178.21, while the Shanghai Composite index lost 1% to 3,820.52.

In Australia, the S&P/ASX 200 bucked the regional trend, gaining 0.6% to 8,944.40.

Elsewhere, oil prices extended their declines as US and Iran refrained from attacks for a third straight day.

Officials in the Middle East said mediators had made progress in getting the two sides back to negotiations.

Brent crude, the international standard, fell 0.8% to $85.16 a barrel. US benchmark crude oil lost 0.9% to $81.86 a barrel.

Stocks on Wall Street drifted to a mixed close Monday. The S&P 500 gained less than 0.1% and the Dow Jones Industrial Average rose 0.5%. The Nasdaq composite fell 0.2% for its fourth straight loss.

Additional sources • AP

Coronation Street detective Kit Green may have a surprising plan for nemesis Gary Windass after finding out his partner Sarah Platt is Theo Silverton’s real killer

Kit Green has a plan for Gary Windass on Coronation Street – but it’s not what you might be expecting.

With Kit finding out his partner Sarah Platt is Theo Silverton’s real killer, he has a decision to make. The detective could put his own career on the line to try to save Sarah from prison – but what about Gary, who helped Sarah cover up the crime?

Amid recent hints that Kit would throw Gary under the bus and could frame him for the crime, Kit actor Jacob Roberts has now had his own say. Teasing Jacob may actually try to help Gary, Kit spilled on what was ahead…

How does Kit feel finding out Sarah killed Theo?

He was incredibly shocked, mostly because he’s just been lied to for all this time. As soon as Sarah found the ring, it completely delayed his plan and put a massive dampener on things. I think Kit always suspected she and Gary had something to do with it and he was actively defending her based on that suspicion. But he never, ever expected it to actually be her who did it. He’s just reeling from the fact that it was her all along.

How compromised does Kit feel now that he knows the truth and how far do you think he’d go to protect her?

He will protect her as much as he can, but Kit is ultimately going to protect himself first. He suddenly realises he’s been living with a murderer right under his nose. He isn’t going to be totally selfless here – he will only protect her as long as his own career is safe. His perspective is very much: “If you had told me this straight away, I could have done something about it. Now, I’m just left to pick up the pieces.”

His career means a lot to him, but does his relationship mean more?

No, his career means everything to him. The trust between them is massively gone. He isn’t prepared to lose anything because he had absolutely nothing to do with the crime. What Sarah did was wrong. Kit is a loyal guy – he’s loyal to family and the people he cares about – so he’ll do what he can, but this has simply gone too far.

Kit already disliked Gary. What are his feelings towards him now, especially knowing Sarah turned to her ex in her moment of need rather than him?

He feels incredibly betrayed. Kit knows how to cover things up way better than Gary ever could, so he feels like Sarah just picked the wrong person in a moment of panic. Gary should have honestly just called Kit himself.

Is there a part of Kit that understands why she couldn’t come to him because of his job as a police officer?

No, absolutely not. First of all, she should have never been on that roof in the first place with a guy like Theo. But turning to Gary? No. That’s her ex. Going to an ex for advice or help like that is completely out of order and non-negotiable for Kit. He might sympathise a tiny bit because she was panicking, but he doesn’t think it’s justified at all.

How do you think Kit would have reacted if she had phoned him straight away? Would he have protected her?

Absolutely. He’s done stuff like that before. He’s a bit of a dodgy copper, so he knows exactly how the system works. It was self-defence and he could have handled it. The problem now is that it’s much harder to justify because she kept quiet about Theo’s death for so long and in doing so, she has put Kit in serious jeopardy.

Is Kit happy to send an “innocent-ish” man like Gary to prison just to save Sarah?

Ideally, he would try to get them both off. But if it comes down to a direct choice between Sarah and Gary, he is always going to choose Sarah.

Can Kit get his head around why Sarah is so dead-set on protecting Gary? Do you think it makes him doubt their relationship?

It makes him doubt it massively. He’s clever enough to know there’s a lot of history there and that they’ve probably protected each other over the years, but it’s still a huge dint to his pride. He doesn’t think she’s physically cheating on him, but in a way, an emotional affair can be worse. You just don’t go to your ex for help with something this massive. It’s totally out of order.

Coronation Street airs weeknights at 8:30pm on ITV1 and ITV X. * Follow Mirror Celebs and TV on TikTok , Snapchat , Instagram , Twitter , Facebook , YouTube and Threads .

KATIE Price has revealed an explicit photo confession during a chat with Love Island Aftersun host Joe Baggs. 

The former glamour model, 48, was speaking to Joe, 29, to promote her Sky documentary series Nothing To Hide. 

Former Gogglebox star Joe fired off a series of 90s trends to Katie and asked her if she would bring them back or ditch them. 

When he suggested disposable cameras, the mum-of-five suggested she’d used them to snap naughty photos back in the day. 

She said: “Nowadays, because you’ve got your phone, I think people take more explicit photos. 

“With a disposable, you have to be careful and remember you have to take them somewhere like Boots. 

tatt’s a lot

Katie Price dons bikini to show tattoo collection but ditches wedding ring

FEUD FIGHT

Vogue Williams reveals ‘threatening’ message Katie Price’s husband Lee sent

“So someone is going to look at your pictures. So someone like me is definitely not having a disposable. 

“I don’t want to bring them back.”

It comes after Katie revealed she’ll be starring in a reality show with fourth husband Lee Andrews.

Katie married self-proclaimed millionaire Lee in Dubai in January, just days after meeting him in person.

She stood by her man when he recently spent time in Dubai’s Al Awir jail, where he was held over unpaid debts. Katie said on the Reign podcast this week: “There will be a documentary coming out about Lee, and he knows it.

“He’ll be appearing in it and yes, there is scandal around me — there always is. Not only now, there’s years of it.”

Clearly, President Bush didn’t mean it.

Winding up a speech, Bush said America will be tough and resolute to defeat terrorists so future generations can live in peace. “And there is no doubt in my mind, not one doubt in my mind, that we will fail,” the president said.

His audience at the Labor Department did not react. Bush, known to make occasional verbal gaffes, continued in a positive vein: “Failure is not a part of our vocabulary. This great nation will lead the world and we will be successful.”

LOOKING cool is no sweat for Kylie Jenner — thanks to her latest cosmetics creation.

The US beauty mogul posed in a see-through slip dress to help promote a powder which claims to be sweat and humidity-proof.

It is the latest launch from her Kylie Cosmetics range, which has helped the 28-year-old rake in a £500million fortune.

Meanwhile Kylie, who is dating Oscar-nominated actor Timothée Chalamet, has provided the AI assistant’s voice for a pair of smart glasses.

She also helped design the £359 oval Starfire Kylie Edition shades for tech giant Meta.

Wearers can take photos and videos, make and answer phone calls, listen to music and ­interact with a virtual assistant voiced by Kylie.

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The star said: “I recorded all these little lines.

“You put them on in the morning and it says, ‘Rise and shine’.

“It just felt like something I’d actually reach for every single day.”

The new hi-tech specs come in 26 different styles and eight colour options.

They include selections of Meta Adventurer (rectangular) and Meta Fury (squared) spectacles, as well as Meta Glasses by Kylie (with a slim oval shape).

They’re all “smart glasses”, which means they have built-in cameras, microphones, and an AI assistant – but not a display.

As Coronation Street revealed it was Sarah who killed Theo on Monday, actress Tina O’Brien addressed whether she could be leaving the ITV soap and her reaction to the twist

Coronation Street’s Sarah Platt has been exposed as Theo Silverton’s killer.

Now, actress Tina O’Brien, who has played the character since 1999, has addressed whether she’s about to bow out for good. Flashbacks during Monday’s episode confirmed what really happened to Theo, and who was to blame.

We saw Sarah accidentally killing Theo after he turned sinister. As he threatened her, she shoved him before hitting him over the head with a metal pole, leading to him plummeting off the scaffolding.

In the fallout, Sarah will be desperate to cover her tracks. But will she be caught out, and could it lead to a prison stint, or possibly a permanent exit from the ITV soap after after nearly 30 years in the role?

Tina shared: “It’s not just about her now, it’s about her family and her son, and there are times when she can’t cope with the pressure and you think she’s just going to hand herself in. And then she thinks about her son growing up without a mum, if she’s convicted and can’t prove she acted in self defence.

“And because of those things, she’s so desperate to do whatever it takes to be part of her family’s life.” It was her ex Gary that she frantically called for help, with him now keeping her secret.

With Gary’s rivalry with Sarah’s partner Kit Green now at boiling point, Tina explained why Sarah told Gary and not detective Kit. She said: “I think she absolutely went into panic mode, shocked, stunned and numb. She obviously didn’t know what to do, she didn’t know how to react and in that moment she thought, I can’t call Kit because of his job in the police.

“And so in that moment, she thought who can I call and it was Gary. There’s a lot of guilt there and I think also, selfishly, she feels like she’s ruined her chance with Kit, because if he knows what she’s done, he might not want her anymore and she so wanted him to be her future.”

This isn’t the first time Sarah has been caught up in a murder plot. Fans will recall that back in 2015, Sarah’s sister-in-law Kylie Platt murdered Sarah’s love interest Callum Logan. Callum had tried to attack Sarah, leading to Kylie killing him with a wrench.

Sarah and Kylie, with the help of Sarah’s brother David Platt, covered up the crime, and buried the body under their house. Sarah’s mental health spiralled in the fallout, and she was admitted to a psychiatric unit for treatment.

With Sarah caught up in another murder, Tina said this time her character could face prison. She teased: “If she’d have called the police straight away and explained what happened, she would have been in a much better situation, because it was clearly not pre-meditated, it was a situation where she felt she had no other choice.

“But to cover it up, to actively cover something up, she knows that she crossed a line that she can’t come back from.” She added on exit fears: “I genuinely didn’t worry, at the end of the day this job is incredible, but to be an actor is not necessarily a job for life. So, I just was really excited to be given the honour of being the murderer, and then hopefully, however it plays out, I’ll enjoy Sarah’s arc.”

So does this hint that Sarah will stick around? After keeping quiet for months, Tina shared: “I’ve literally been a big bag of nerves. It’s been so difficult, I told my mum and I just recently told my daughter Scarlett and my son Beau. You’re seeing all the chat on social media, everyone’s saying I think this, and I think that.

“Actually filming these scenes the weeks after have been the hardest thing I’ve ever filmed because I felt like my face looked guilty constantly and I thought everyone’s going to know it’s me instantly.”

It came as no surprise to Tina though that Sarah killed Theo. She explained: “I completely understand how it happened, why it happened. For me to get into her character and her head, I feel like in that moment, she didn’t feel like she had any other choice.”

Coronation Street airs weeknights at 8:30pm on ITV1 and ITV X. * Follow Mirror Celebs and TV on TikTok, Snapchat , Instagram , Twitter , Facebook , YouTube and Threads.

Published on
22/06/2026 – 8:15 GMT+2

At the time of writing, Brent crude was down 0.91% at $79.12 a barrel, while US West Texas Intermediate (WTI) crude had fallen 0.70% to $75.32 a barrel.

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Lower crude prices reflected broader investor sentiment in early trading after Qatari and Pakistani mediators said the first round of negotiations between the US and Iran aimed at securing a final agreement to end the conflict had concluded with “encouraging progress”.

A memorandum of understanding signed last week includes a commitment to reach a final agreement within 60 days, an end to fighting on “all fronts” – including in Lebanon – and the reopening of the Strait of Hormuz.

Markets mixed as analysts monitor US-Iran negotiations

Meanwhile, Asian stocks were mixed on Monday, with markets in Japan and South Korea trading higher, while US futures traded lower.

Tokyo’s Nikkei 225 jumped 1.6% to 72,364.82 after reaching a new all-time high of 72,831.73 during intraday trading, helped by technology stocks fuelled by enthusiasm over the global artificial intelligence boom.

Japan’s SoftBank Group, the multinational investment holding company with a strong AI focus, rose 2.4%, while chip equipment maker Tokyo Electron gained 2.3%.

South Korea’s Kospi added 0.4% to 9,084.37 and was trading near record highs, led by AI-related shares. Memory chip maker SK Hynix surged 4.7%.

“We’re seeing another strong market today,” Neil Newman, managing director and head of strategy at Astris Advisory Japan, said. He cautioned that the Japanese market was “probably getting a little stretched” from an investor’s point of view, “especially with what’s going on in the Middle East”.

Hong Kong’s Hang Seng fell 1% to 23,690.86, while the Shanghai Composite Index edged 0.2% higher to 4,098.01.

Additional sources • AP

European shares edged lower on Tuesday as hopes for an imminent de-escalation in the Middle East conflict faded following fresh U.S. strikes on Iran, triggering renewed geopolitical uncertainty across global financial markets.

The pan-European STOXX Europe 600 Index slipped 0.2% to 630.33 points by 0833 GMT, retreating from gains that had recently pushed it close to record levels.

On Monday, the index had closed at its highest level since late February, briefly coming within 1% of an all-time high on optimism that diplomatic progress could soon ease tensions in the region.

That momentum quickly reversed after renewed military action and comments from U.S. Secretary of State Marco Rubio, who said negotiations with Iran could take “a few days,” tempering expectations of a near-term resolution.

Oil Prices Jump as Hormuz Risks Return to Focus

Global energy markets reacted sharply to the escalation, with Brent crude rising more than 3%, reigniting inflation concerns across energy-importing economies, particularly in the euro zone.

The market remains highly sensitive to risks surrounding the Strait of Hormuz, a critical global shipping route through which a significant share of the world’s oil flows.

Analysts warned that any sustained disruption in the region could deepen inflationary pressures just as central banks weigh their next policy moves.

Airlines and Autos Under Pressure

Travel and transport-related stocks were among the biggest losers in Tuesday’s session.

Airlines including Lufthansa and Ryanair fell 1.4% and 0.7% respectively, reflecting investor concerns that higher fuel costs could squeeze margins.

Luxury and automotive stocks also came under pressure after Ferrari dropped sharply following the unveiling of its first fully electric vehicle.

The decline was compounded by a broader sell-off in the European autos sector, which fell 1.6% as investors reassessed competition risks from Chinese EV manufacturers and weakening global demand trends.

Market Sentiment Balances War Risk and Policy Signals

Despite renewed volatility, some investors noted that markets remain partially supported by expectations that diplomacy could still stabilize the situation.

One portfolio manager at Franklin Templeton said markets were reacting cautiously because investors believe a potential agreement could still restore stability in the Strait of Hormuz and normalize energy flows.

However, uncertainty around timing and scope continues to limit upside momentum in equities.

Inflation and Central Bank Policy Back in Focus

Attention is now shifting toward upcoming inflation data across major euro zone economies and the United States, which will help shape expectations for future monetary policy.

European Central Bank policymaker Yiannis Stournaras signaled that any persistent inflation overshoot would require a cautious shift toward tighter policy.

Market pricing currently suggests at least two further 25-basis-point interest rate moves before year-end, according to LSEG data.

Corporate Movers: Winners and Losers

While broader markets weakened, some stocks moved against the trend.

Kingfisher rose 2% after maintaining its full-year profit guidance, easing concerns about demand softness in the home improvement sector.

However, the overall tone remained risk-off as investors continued to weigh geopolitical escalation against macroeconomic uncertainty.

Analysis

The latest pullback in European equities reflects a familiar pattern: markets oscillating between hopes of geopolitical de-escalation and fears of renewed conflict risk in the Middle East.

The key transmission channel remains energy. With Europe heavily dependent on imported oil and gas, any disruption involving Iran or the Strait of Hormuz immediately feeds into inflation expectations, bond yields, and corporate earnings outlooks.

At the same time, equity markets had recently been pricing in a relatively optimistic scenario in which diplomatic talks would gradually stabilize the region. That positioning left stocks vulnerable to abrupt reversals when military developments resurfaced.

Sectoral divergence also highlights how uneven the impact of geopolitical shocks can be. Energy-sensitive sectors such as airlines and autos are under pressure, while defensive or domestically oriented companies remain relatively insulated.

The broader question for markets is whether this marks a temporary setback in diplomatic momentum or a deeper breakdown in expectations for a negotiated settlement. If tensions persist, volatility in oil markets is likely to remain the dominant driver of global equity sentiment in the near term.

With information from Reuters.