South Korea’s Kospi surged nearly 5% on Friday to 7,643 points, taking its two-day gain to about 5.5% and lifting the index out of a technical bear market after a drop of more than 20% from its June 22 high of 9,114.55. Samsung Electronics rose more than 5% and SK Hynix gained 2%, while heavyweights such as Hyundai Motor and LG Energy Solution also advanced. Foreign investors were net sellers of South Korean equities worth 529.1 billion won ($350 million), even as Kospi remains the world’s best-performing stock market of 2026 with a gain of around 76% so far this year.

Apollo Micro Systems said it has signed an agreement to buy Premier Explosives’ promoters’ 41.33% stake in an all-cash transaction valued at around Rs 1,550 crore. The company will also launch a mandatory open offer to acquire up to 26% of Premier Explosives’ fully diluted voting equity share capital from eligible public shareholders. The deal is expected to close in the quarter ending December 2026, subject to approvals including clearance from the Competition Commission of India (CCI). The announcement pushed Apollo Micro Systems shares up 5% to Rs 418.

India’s benchmark Sensex and Nifty 50 are poised for a positive start on July 10 as global risk appetite improved after the latest US-Iran military strikes did not trigger a broader escalation and technical-level talks continued. US equities finished higher, with the Nasdaq up 1.3%, while Japan’s Nikkei 225 gained 1.94% and South Korea’s KOSPI rose 3.27%. GIFT Nifty futures were up about 105 points versus the previous close, and the Sensex and Nifty 50 rose 0.31% and 0.34% in the prior session.

Anand Rathi Wealth reported Q1FY27 profit after tax of Rs 116 crore, up 24% year on year, as total revenue rose 18% to Rs 336 crore. Assets under management climbed 21% to Rs 1,06,300 crore, crossing the Rs 1 lakh crore mark, while net inflows were Rs 2,743 crore. The company said the headline figures exclude fair value gains on investments, ESOP expenses and the related tax impact to allow a like-for-like comparison. The stock is up 37% in 2026 and has doubled over the past year.

Japan’s Finance Minister Satsuki Katayama said the government will push households and pension funds, including the Government Pension Investment Fund (GPIF), to increase investment in Japanese financial assets. The GPIF manages ¥293.6 trillion in assets. Her remarks fueled expectations of renewed allocation to yen-denominated assets, lifting the yen against the dollar from levels near multiyear lows.

Dixon Technologies has received Indian government approval under Press Note 3 for its joint venture with Vivo India, with Dixon holding 51% and Vivo 49% to manufacture Vivo smartphones as an OEM. Management expects the venture to produce about 6 million devices in FY27 and 20 million in FY28, and has guided to a potential revenue opportunity of around ₹30,000 crore. Brokerages broadly raised targets after the clearance, including JPMorgan lifting its price target to ₹16,700. The approval removes a long-standing regulatory overhang and is viewed as a meaningful earnings catalyst.

Elevra Lithium (ASX: ELV) reported FY26 June-quarter output of 54,479 tonnes, its second-highest quarterly result, but sales were 33,977 tonnes and end-period inventory rose to about 40,863 tonnes. The company said its realised lithium price averaged just US$919 per tonne, well below the current spot market, because sales were priced under legacy contracts linked to average market prices from October 2025 to March 2026. The shares fell 4.54% on the day, underperforming the broader market.

The Australian dollar rose to around 0.6950 against the U.S. dollar after hawkish remarks from RBA Assistant Governor Sarah Hunter. She said the central bank could tighten policy further if an oil shock lifts inflation expectations. The RBA has raised rates three times by 25 basis points this year, taking the cash rate to 4.35%, with markets pricing a 19% chance of a move to 4.60% at the August meeting. Minutes from the Fed’s June meeting showed most officials expect rates to end the year above current levels, though the path was not specified.