Driven by a global semiconductor sector correction and geopolitical uncertainties, the KOSPI index closed down 5.54% on Friday, triggering a trading curb. The won fell to a 2009 low against the dollar, prompting verbal intervention from policymakers.
Elon Musk's SpaceX has kicked off its historic IPO roadshow to raise 75 billion USD at a 1.75 trillion USD valuation. However, users in mainland China and Hong Kong face a rare Error 1009 block, likely due to internal corporate compliance decisions.
Taiwanese shares slumped over 1,400 points intraday following a revenue miss from Broadcom, before bargain hunting helped pare losses. Analysts expect short-term consolidation as financials and mature-node chipmakers bucked the trend.
Nvidia CEO Jensen Huang dismissed AI bubble concerns at a Taipei event, stating that AI return on investment has been completely reshaped in the past six months. The event attracted major global institutional investors and highlighted key partners l…
Global markets shift to safe-haven mode as US-Iran clashes pressure Asian equities. While an Israel-Lebanon ceasefire eases oil prices from recent highs, the Yen rebounds near intervention levels, Bitcoin hits a four-month low, and Broadcom shares d…
US equity futures faced pressure as Middle East tensions pushed Brent crude to $98.30. Private equity redemption limits weighed on asset managers, while tech stocks showed resilience ahead of Broadcom earnings and key macro data.
The KOSPI index dropped 2.74% after hitting an all-time high, driven by Middle East inflation concerns and foreign outflows. Tech stocks showed mixed performance amid expectations of tighter monetary policy.
Arm's CEO confirmed at Computex that ByteDance and Oracle are utilizing its AGI data center chips. Driven by this development, Arm and Oracle shares advanced by 15.73% and 9.91% respectively, reflecting market optimism toward energy-efficient comput…
Hong Kong-listed auto stocks, led by BYD and NIO, surged in June 2026. Higher-than-expected May delivery figures, robust export growth exceeding 41% of total sales, and a dense new product cycle have alleviated market concerns over industry competit…
Asia-Pacific stocks experienced intraday volatility due to US-Iran tensions. Hong Kong markets led the recovery, with Meituan beating Q1 expectations and Tencent planning a WeChat AI assistant, signaling a sector rotation from hardware to software a…
The TAIEX closed up 0.48% at 45,557 points, reaching a historic high for the third straight session. Driven by the Computex opening and TSMC's gains, AI server stocks led the market. Despite intraday profit-taking, technical support remains intact a…
A Reuters poll of 47 market strategists indicates the S&P 500 is expected to finish 2026 slightly higher at 7620 points, as exceptional 25 percent corporate earnings growth driven by artificial intelligence mitigates geopolitical and inflation concer
Wall Street stock futures point higher ahead of the open, driven by sustained AI momentum and cautious optimism over US-Iran talks. Micron surpasses $1 trillion market cap, while Goldman Sachs boosts its year-end SPX target to 8,000.
South Korean stocks are expected to record a 5% weekly gain, boosted by expectations of a US-Iran agreement, while foreign investors are heavily selling Samsung and Hyundai, putting pressure on them.
Wall Street main indexes ended slightly higher on Thursday as crude prices reversed course following signs of progress in US-Iran talks. Walmart shares fell on a soft Q2 profit forecast, while Nvidia slipped on profit-taking despite strong results. I
Global markets remain fixated on US-Iran peace talks as critical rifts persist over uranium stocks and Strait of Hormuz control. The DXY hovers near six-week highs, Brent crude ticks up to 104.71 dollars, and Japan's core inflation hits a four-year l
YMTC has officially initiated its A-share IPO tutoring, boasting a valuation of 160 billion RMB. Alongside CXMT, which has already filed for a STAR Market listing, China's memory chip duo is accelerating its capital market push. In Q1, CXMT's revenue
Data shows about 10 foreign companies have filed for Hong Kong listings, the highest since 2020. As HK's IPO market recovers, biotech, logistics, and tech firms view the city as a core financing hub to access Asian capital.
US 30-year Treasury yields hit highs not seen since 2007, triggering a global bond selloff amid renewed inflation fears. Pressured by a strong dollar, the Indian Rupee and Indonesian Rupiah both touched record lows. Microeconomically, Samsung's colla
Taiwan shares closed 0.39% lower at 40,020.82 on Wednesday amid options settlement and tech profit-taking. TSMC dipped, prompting capital rotation to defensive sectors. Rising US inflation and Treasury yields weigh on sentiment as focus shifts to Nvi
Workday executive confirms keeping a strong hiring pace in India, expanding into Delhi and Bengaluru. Despite broader software stock depressed valuations on GenAI disruption fears, WDAY rallies 3.10% highlighting workflow automation efficiency.
Nvidia will report earnings on Wednesday. HSBC expects Q1 FY27 revenue to hit $81.1 billion, topping both management guidance and consensus. While raising the price target to $325, analysts warn sequential beats may lack stock-moving catalyst power.
Oil prices dropped on rumors of US sanction waivers for Iran, pulling the 10-year Treasury yield down to 4.573%. Relieved of valuation pressure, Nvidia and semiconductor stocks rallied pre-market. Dominion Energy surged 15% on a $66.8B acquisition by
Boosted by a softer dollar, the Rand rose ~0.6% to 16.6050 against the USD. Investors await April's CPI data, expecting inflation to jump from 3.1% to 3.9% due to the Middle East conflict and high oil prices, with risks of nearing 5%.
Driven by soaring oil and inflation fears, Canada's 10-year yield hit a near two-year high. The TSX fell 1.3%, dragged down by precious metal miners, while energy gained. Markets expect two BoC rate hikes this year.
Driven by optimistic forecasts from chipmakers like AMD and a strong Q1 earnings season, US equity funds saw a 3-week high in net inflows. Tech sector inflows hit record levels, while small-caps and financials faced redemptions, highlighting structur
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