Chinese tech manufacturers rush to list in Hong Kong, seeking nearly $6 billionThe biggest of the five offerings is Shenzhen-listed Apple supplier Luxshare Precision Industry, looking to raise up to HK$24.27 billion ...
European shares slip as tech selloff bites, Zalando slidesEuropean markets retreated from record highs Friday, with tech stocks mirroring global weakness. Zalando shares plunged after a German prob...
Dollar declines for second straight day but set for weekly gainThe dollar dipped for a second day as easing inflation and falling oil prices tempered expectations for Federal Reserve rate hikes. Despite...
Oil prices dive as more tankers move through Strait of HormuzCrude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...
US stocks: US market ends lower as tech stocks weigh on sentimentWall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies sur...
Traffic through Strait of Hormuz slows after attack on shipStrait of Hormuz traffic saw a dip Friday after a Taiwanese ship was attacked, prompting a pause in evacuation efforts. Despite this, sever...
Chinese AI, chip firms are driving an onshore IPO reboundChina's tech IPOs are experiencing their strongest year since 2023, driven by Beijing's push for self-reliance in chip and AI sectors amid ...
A $10 trillion industry sprang up when we weren’t lookingDespite political headwinds and global challenges, the sector's rapidly improving economics and falling costs signal a durable foundation, ...
Saudi Aramco resumes oil loading at Ras Tanura after four-month halt, data showsSaudi Aramco has restarted oil loading at its Ras Tanura terminal after a four-month pause, with two massive crude carriers seen taking on ...
Japan's 10-year bond yield reverses course to fall on portfolio rebalancing needJapanese government bond yields dipped on Friday as investors adjusted portfolios following a significant surge in the nation's stock marke...
US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlookIndian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech's AI spending concerns, the Dow edged higher....
US Stock Market: Retail investor rush sends Wendy's stock soaring on heavy trading volumeWendy's shares experienced a dramatic surge, climbing nearly 29% as retail investors flocked to the struggling fast-food chain. This rally,...
Global Markets | European shares hold flat on US-Iran talks; Rheinmetall slidesEuropean markets saw a flat opening as investors weighed U.S.-Iran talks. Defence giant Rheinmetall plunged on reports of Germany scrapping...
US Stock: S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mountIndian markets mirrored global trends as major indices, including the Nasdaq and S&P 500, closed at over a week's low on Tuesday. Semicondu...
Global Market | European shares slip on Fed hike bets, tech dragEuropean markets opened lower Tuesday, impacted by anticipated US Federal Reserve rate hikes and concerns over escalating corporate AI inve...
Green economy companies top $10 trillion market capThe green economy has hit a record $10 trillion market value. Revenue from climate solutions grew significantly last year. Companies focuse...
LSEG slowly sheds 'AI risk' tag with drive to show growthLSEG shares tumbled nearly 13% in one day in February as worries about the threat posed by large language artificial intelligence models li...