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CHINA AI STOCKS CRASH
Analysis: In China, the AI bubble has already burstChinese tech stocks, especially in AI and semiconductors, have experienced a dramatic decline in value recently. The mainland STAR50 index ...
Michael Burry's top 10 life lessons for GenZ: 'Buy half the house you can afford'Michael Burry provides life advice and personal finance tips to a 26-year-old in a Substack post. He emphasizes the importance of exercisin...
Sinking profits turn China’s $3.5 trillion rout into trapChinese stocks are experiencing a significant selloff resulting in a loss of $3.5 trillion since May. Increased competition and declining d...
- China calls for mitigating AI's impact on job displacement
The guidelines call for enhancing AI's positive effects on employment, such as creating new job opportunities and improving job quality.
Petrol cars, EVs and crash-test standards face changes; vehicle owners, check how the government plans to make cars saferThe government has tightened vehicle safety norms to reduce fuel leaks, fire risks and electrical hazards in rear-end collisions. All new v...
South Korea's Kospi crashes 41% from June peak as AI frenzy fizzles out. Can this benefit Dalal Street?South Korea's stock market hit all-time highs before a sharp decline, marked by a 41% drop in the Kospi index since June, which has signifi...
South Korean shares fall 2% as AI selloff weighs on global marketsSouth Korea’s KOSPI fell 2.14% on Friday, heading for a second straight weekly decline as a global selloff in AI-related stocks weighed on ...
Dragon enters bear cave with $2.4 trillion lost since May peakChinese stocks have recently entered a bear market, resulting in a total loss of $2.4 trillion. Major indexes, including the CSI 300 and Ha...
US stocks today: Nasdaq slumps 2.5%, S&P 1% as revived AI doubts ignite tech selloffUS stocks fell sharply as renewed concerns over massive AI spending triggered a selloff in technology and semiconductor shares. The Nasdaq ...
Neocloud short sellers rack up $6 billion as AI debt fears deepenShort sellers betting against US neocloud and data centre companies have made about $6 billion in paper profits this month as AI debt fears...
Ahead of Market: 10 things that will decide stock market action on FridayIndian equities fell sharply as rising crude prices, rupee weakness and global uncertainties pressured sentiment. Sensex lost over 460 poin...
Global Market: Why China could complicate Musk’s Tesla-SpaceX merger plansElon Musk’s proposed Tesla–SpaceX merger faces potential regulatory hurdles in the US and China over national security, sensitive data and ...
Global Market: China's Lingjun Investment attracts $300 million from overseas investorsChina’s Lingjun Investment has raised at least $300 million from US and Southeast Asian investors as it resumes overseas fundraising. Stron...
Michael Burry bets against these 4 AI stocks, one of which rallied 190% YTD. Will his AI bubble warnings come true?Michael Burry is betting against Nvidia, Palantir, Tesla and Micron amid concerns over AI valuations, chip depreciation and memory supply c...
Global Market: China's yuan hits more than four-year high against dollarIn a remarkable turn of events, China's yuan has surged against the US dollar, hitting levels unseen in over four years. This strength is l...
Global Market: Hong Kong stocks slump to four-month low as China stimulus hopes fadeHong Kong stocks plunged to a four-month low, while mainland Chinese blue-chip shares approached bear-market territory as technology stocks...
Chinese stock market enters bear territory! CSI 300 index crashes 20% from June peakChina’s CSI 300 index entered bear market territory on Thursday, falling 20% from its June peak amid concerns over taxation policies, slowi...