US Fed, BoE step up scrutiny of bank exposure to trading firms after Jane Street loss: ReportGlobal banks face inquiries from central banks regarding trading firm exposures. The Bank of England and Federal Reserve seek details on ri...
Tessolve in talks to acquire two firms, eyes USD 500 million revenue in 3-4 yearsHero Electronix's semiconductor engineering arm, Tessolve, is negotiating to acquire two companies in the US and India to expand its global...
Global Market: European shares edge lower as telecom stocks weighEuropean shares edged lower on Friday, with the STOXX 600 slipping 0.2% as telecommunications and food stocks weighed on the benchmark. Tec...
US Market: SEC unveils five-year exemption for tokenized stock tradingThe SEC has introduced a five-year exemption to facilitate trading in tokenized stocks, allowing certain blockchain-based platforms to oper...
Global Market: China stocks rally 1% as Trump-Xi meeting raises trade hopesChina’s stock markets rose strongly as investors anticipated progress in upcoming US-China trade talks between Donald Trump and Xi Jinping....
Global Market: Nikkei gains 1% as AI, chip stocks rally; BOJ hikes ratesThe Bank of Japan raised its policy rate to a 31-year high of 1.25% to contain inflation risks. Japanese technology stocks rallied as easin...
Global Market: South Korean shares jump nearly 2% as chip stocks rallySouth Korean shares rallied on Friday, led by semiconductor stocks, as easing oil prices, gains in US technology stocks and lower Treasury ...
Kaynes Tech, Syrma SGS, MosChip, others rally up to 10% as PM Modi set to inaugurate Semicon 2026Semiconductor stocks, including Kaynes Technology, Syrma SGS Technology and MosChip Technologies, rallied up to 10% as investor attention t...
Global Market: Nikkei gains as investors snap up gaming, pharma stocksJapan’s Nikkei edged higher as investors bought beaten-down gaming and pharmaceutical shares, while falling crude oil prices supported sent...
US stocks today: Dow ends 650 pts lower after Fed rate hike, more rate tightening seenUS stocks end lower after the Federal Reserve raises interest rates as expected and signals further tightening to tackle elevated inflation...
SK Hynix in talks with Intel about deal to make memory chips in the US for the first time, sources sayUnder one potential scenario, SK Hynix would lease part of Intel's long-planned chipmaking facility in Ohio, they said. Under another scena...
Amazon AI chip deal gives Qualcomm stock a boostQualcomm shares climbed after the chipmaker announced a multi-generational AI data-centre collaboration with Amazon. The deal strengthens Q...
Global Market: KOSPI climbs as chip stocks lead gains before Fed outcomeSouth Korean shares rose on Wednesday, led by heavyweight chipmakers, as investors awaited the Federal Reserve’s interest-rate decision and...
Global AI stocks fall as industry chiefs call for slowing developmentAnthropic CEO Dario Amodei, in a lengthy essay shared on X on Saturday, called on AI companies to slow the rate at which they advance model...
Global AI stocks slide as tech leaders call for a slower development of superintelligenceShares of SoftBank, which owns about 13 per cent of OpenAI, fell over 11 per cent on Monday. South Korea's benchmark index Kospi, home to m...
Global Market: China stocks mixed, Hong Kong shares edge higher as AI weakness weighsChina's mainland stocks traded mixed on Monday as AI and semiconductor shares fell, dragging the CSI AI Index down 1.2% and the STAR50 down...
Global Market Today: Asian chip stocks rise, oil climbs towards $100Asian chip stocks experienced a remarkable uptick, fueled by lingering investor enthusiasm for artificial intelligence technologies. As Mid...