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South Korea's SK Hynix to opt for Nasdaq for planned US listing, sources saySK Hynix, a leading memory chip maker, plans a US listing on Nasdaq as early as August. This move aims to boost its global investor profile...
Trump’s 10% global tariffs stay in force after appeals court extends pause on trade court decisionA US appeals court has kept a 10% global tariff in place for three importers. This decision follows a lower court ruling that had granted t...
OPEC again lowers 2026 global oil demand growth forecastOPEC has reduced its 2026 oil demand growth forecast to 970,000 barrels per day. This marks a second consecutive cut. The group sees less i...
US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...
China's control over indium phosphide exports threatens AI data centre rolloutAnderson's visit was partly to raise the issue of delays in China's export licenses involving the highly strategic material, essential in m...
US stocks: SpaceX IPO demand is approaching four times oversubscribed, source saysSpaceX's initial public offering is seeing massive investor interest. Demand has reached over 250 billion dollars, far exceeding the 75 bil...
US says BYD, Baidu and Alibaba are aiding China's militaryAmerica has released a new list of Chinese companies it believes support Beijing's military. Major firms like Alibaba, Baidu, and BYD are i...
Perplexity plans 2028 IPO regardless of Anthropic or OpenAI listings: ReportAI firm Perplexity plans to go public in 2028, irrespective of how Anthropic and OpenAI's IPOs perform. CEO Aravind Srinivas stated the 202...
US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...
Perplexity plans 2028 IPO regardless of Anthropic or OpenAI listings, CNBC reportsOpenAI confidentially filed for a U.S. IPO earlier on Monday, following Anthropic's filing last week. Elon Musk's SpaceX is also preparing ...
US stocks | Alphabet taps Intel to make three million in-house chips: ReportNvidia has not placed an order with Intel yet, but has been evaluating whether the company's technology can be used to make a processor tha...
UK sets out $1.5 billion AI hardware plan with supercomputer, chip fundingBritain is investing over a billion pounds to boost its AI computing power. A new national supercomputer is planned for 2030. The country i...
Meta to take legal action against Israeli spyware firm NSO, foils phishing attacksMeta has filed a federal court contempt order against NSO Group for violating a permanent injunction barring it from targeting WhatsApp. Th...
TCS shares slip 2%, down 12% in 4 straight sessions. What’s triggering the decline?TCS shares tumbled 2% Monday, extending a four-day loss to 12%, as rising U.S. bond yields fueled fears of further Federal Reserve rate hik...
China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....
FIFA 2026: Iran World Cup players get US visas, official says, some staff waitingIran's national football team has been granted visas to enter the United States for the World Cup, confirmed by US Ambassador to Turkey Tom...
Franklin Resources' Wamco to pay $100 million SEC fine over former star manager's tradesWestern Asset Management, a unit of Franklin Resources, will pay $100 million to settle SEC charges tied to a $600 million cherry-picking s...
China and Hong Kong users unable to access SpaceX website, IPO documentsSpaceX's website and IPO marketing documents are inaccessible in Hong Kong and mainland China, potentially limiting investor participation ...
Job cuts in U.S: Lay offs total over 97,000 in May, highest in six years. Check what is disrupting jobs marketLay offs in the U.S. continue to make headlines as job cuts in the country were estimated highest since 2020.
Europe's tech 'liberation day'? Computer says not yetThe EU plan aims to boost European tech firms and limit some access for dominant U.S. rivals. It marks a key but initial step, with the blo...