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ASIAN STOCKS RALLY
SoftBank posts $7 billion quarterly loss as AI investment risks mountSoftBank Group reported a $7 billion quarterly loss, reversing last year's profit, as volatile AI investments weighed on earnings. Its $64....
Singapore to launch gold vaulting service for foreign central banks, ease taxes to boost bullion tradSingapore's central bank will introduce a gold vaulting service for foreign central banks and financial institutions. This initiative aims ...
China, Hong Kong stocks rise as AI shares rally, oil prices slideChinese and Hong Kong stocks edged higher as a rally in global technology shares and falling oil prices lifted sentiment. AI-linked stocks ...
Chinese chipmakers Denglin and Xinde make mixed Hong Kong market debutsChinese chipmakers Suzhou Denglin Technology and Jiangsu Xinde Semiconductor Technology made contrasting Hong Kong market debuts after rais...
South Korean shares surge over 3% as tech stocks rebound, oil prices easeSouth Korean shares surged 3.57%, snapping a three-session losing streak, as gains in US technology stocks and falling oil prices boosted i...
Japan's Nikkei surges nearly 3% as AI stocks extend rebound; SoftBank jumps 14%Japan's Nikkei index jumped nearly 3% on Tuesday as AI and semiconductor stocks recovered from Friday's sharp selloff. SoftBank Group surge...
Global brokerages turn bullish on Indian equities as market reboundsGlobal brokerages HSBC, Citigroup, and Jefferies have upgraded their outlook on Indian equities. They cite improving earnings prospects and...
Global Market Today: Asian stocks rally after US tech surge, oil slumpSouth Korea’s Kospi Index jumped more than 5% in early trading while Japan’s Nikkei 225 rose nearly 3%. A broader gauge of Asian shares adv...
HSBC, Citi turn bullish as Indian stocks draw record inflowsGlobal banks are turning more positive on Indian stocks, indicating potential for continued growth and record foreign inflows. Recent data ...
D Street lights up, ends Diwali week with a firecracker of a FridayIndian stocks witnessed impressive growth, with the Sensex and Nifty surging over 2%, defying declines in Asian markets. This robust rally ...
Nifty’s 8% surge this week is the best since January 2021. Are bulls here to stay?Nifty surged 8% this week, marking its biggest weekly gain since January 2021, as foreign investors returned to Indian equities. Strong Q2 ...
D-St defies Asia rout! Sensex surges 1,500 pts, Nifty tops 24,900 as Diwali fireworks continue. What's ahead?The Indian stock market defied global trends by experiencing gains, with Sensex and Nifty both rising up to 1% today. While international m...
Rupee finds its footing as oil worries cool, traders watch flow momentumThe Indian rupee climbed to its highest value in two weeks, following a notable fall in oil prices. This uplifting trend was mirrored by a ...
China cleantech stocks surge on hopes of stronger US clean energy supportChinese cleantech stocks rallied on Thursday as Democrats' strong US midterm election performance fuelled hopes of stronger support for ren...
European shares rise as miners rally, tech stocks lagEuropean shares opened higher, led by mining stocks, as strong earnings from ArcelorMittal and easing oil prices supported sentiment. Techn...
Hong Kong stocks jump 3%, China shares edge higher as tech stocks rallyHong Kong stocks rallied sharply, led by technology and gold shares, as investors welcomed the US midterm election outcome. Alibaba and Ten...
KOSPI plunges 4% as Samsung, SK Hynix shares slideSouth Korea's KOSPI plunged over 4%, with Samsung Electronics and SK Hynix leading losses as semiconductor stocks tracked a sell-off in US ...
Asian shares mostly advance following US midterms, though Kospi falls on selling of chipmakersAsian markets experienced an upswing on Thursday, buoyed by a rebound in U.S. equities following the midterm elections. The Dow Jones leapt...
Democrats’ win rattles Trump trades from AI stocks to cryptoThe recent Democratic majority in Congress triggered a downturn in global markets, most notably impacting technology stocks. Investors are ...
Sensex surges over 1,200 points, Nifty reclaims 23,400 as RIL leads rallyIndian equity markets experienced a significant surge, primarily driven by Reliance Industries which saw an 11.6% increase. Easing crude oi...