Meet DeepSeek's Liang Wenfeng, the Chinese entrepreneur who is now world's richest AI founder, surpassing Anthropic's Dario AmodeiDeepSeek founder Liang Wenfeng's net worth has significantly increased after a recent funding round. He is now the world's wealthiest creat...
DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founderLiang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well ...
Global Market: AI boom turns turbulent as South Korea stocks slide into bear marketSouth Korea's KOSPI has entered bear market territory after falling about 25% from its late-June record high, following a spectacular AI-dr...
Global Market Today: Asian shares trade mixed; Brent climbs past $85Oil prices climbed amid escalating US-Iran tensions and concerns over supply disruptions. Treasury yields rose as traders considered potent...
Global market: Chinese stocks sink to one-month lows as Middle East tensions trigger a broad selloffChinese stocks experienced a significant downturn on Monday, reaching monthly lows. Escalating Middle East geopolitical tensions dampened i...
Korea's Kospi hits 8% lower circuit, trading halted. What's rattling investors today?South Korea's benchmark Kospi index plunged 8% to lower circuit on Monday as rising tensions in the Gulf and soaring oil prices rattled glo...
South Korea's Kospi dives more than 5%, SK hynix down 10%South Korea's Kospi stock index experienced a significant drop Monday morning. Tech firms faced heavy selling pressure due to AI investment...
Christopher Wood warns of AI fatigue. Why Jefferies is turning to India and ChinaChristopher Wood of Jefferies warns that the AI trade is showing signs of fatigue as investors seek cheaper value opportunities. With India...
Korea's pain will be India's gain? Why Nifty bears betting on Kospi crash may get disappointedForeign investors pulled ₹1.92 lakh crore from India in 2026 to chase the East Asian AI chip boom. As South Korea's KOSPI experiences wild ...
South Korea's Kospi jumps 5%, exits bear market. What lies ahead for world's best performing stock market of 2026?South Korea's Kospi index saw a significant jump on Friday, extending recent gains after a substantial crash. The benchmark index officiall...
Global Market Today: Asian stocks rise following chip rally, oil slipsAsian stocks climbed as investors favored semiconductor shares due to AI demand. Oil prices declined as energy supply disruption fears ease...
US stocks today: S&P 500, Nasdaq rises as chip stocks' gains offset Middle East jittersWall Street rose as chip stocks rallied, offsetting concerns over escalating US-Iran tensions. Gains in semiconductor firms, led by Micron ...
Nvidia's slide sends valuation back to pre-AI boom levelsNvidia's stock has experienced a substantial market value decline recently. This chipmaker's shares are now trading at their lowest valuati...
HSBC drops 'overweight' call on EM equities on AI spending fearsHSBC has reassessed its position on emerging markets equities, shifting to an 'overweight' stance due to rising volatility in Asian markets...
Kospi enters bear market! What South Korea’s finance minister said after 20% crashSouth Korea’s Kospi entered bear market territory after falling over 20% from its June peak, dragged down by a sharp selloff in semiconduct...
South Korea's Kospi enters bear market, plunges 20% from peak. What's spooking investors?South Korea's Kospi index entered bear market territory, plunging 20% from its peak. Heavyweight Samsung Electronics saw its share price fa...
Kospi plunges 8% as AI investors fear rally is overblown; trading halted for 20 minsSouth Korea's Kospi index experienced a significant 8% drop, led by chip stocks. Investors questioned the sustainability of record earnings...