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Newest first · UTC+11:00Hong Kong stocks slump as AI rallies in Asia unwind on US rate-increase anxiety
The Hang Seng dropped by 1.8% when markets opened, the Tech Index fell by 3.1% and the mainland’s CSI 300 Index slipped 3.1%
Hong Kong stocks slump as AI rallies in Asia unwind on US rate-increase anxiety
The Hang Seng dropped by 1.8% when markets opened, the Tech Index fell by 3.1% and the mainland’s CSI 300 Index slipped 3.1%
China's new beef barriers to redirect meat trade as Australia nears quota
Packages of Australian beef are displayed at a supermarket in Shanghai. Australian exporters are set to hit the quota China imposed on them for this year. (Photo by Wataru Suzuki)
(2nd LD) Seoul shares open over 8 pct lower on inflation, tech slump woes; trading halted for 20 minutes
(ATTN: ADDS more info in headline, last 4 paras, photo)
Brisbane sales slumping but ‘good vibe’ home nets $1.3 million
A downsizer hoping to nab a deal amid Brisbane’s slowing market has splashed $1.3 million on a modest brick house in Runcorn, as buyers return to real estate basics amid fears of overpaying.
(URGENT) Lee says will soon unveil 'large-scale investment project' as part of growth strategy
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AXA, Standard Chartered eye expansion in Hong Kong’s booming offshore wealth market
City’s offshore wealth market is thriving as AXA and Standard Chartered target high-net-worth clients despite regulatory tightening
AXA, Standard Chartered eye expansion in Hong Kong’s booming offshore wealth market
City’s offshore wealth market is thriving as AXA and Standard Chartered target high-net-worth clients despite regulatory tightening
(LEAD) Seoul shares open over 8 pct lower on inflation, tech slump woes; trading halted for 20 minutes
(ATTN: RECASTS headline, lead; UPDATES throughout; CHANGES photo)
South Korea and Japan stocks plunge on US rate hike fears, Mideast tensions
A screen in Tokyo shows the figures for the Nikkei Stock Average on the morning of June 8. (Photo by Hikaru Yagi)
Oil prices edge higher after strikes on Israel test ceasefire
Oil prices climbed on Monday morning trade in Asia after Iran fired missiles at Israel for the first time since a fragile ceasefire was agreed between the countries and the US in April.
Hong Kong's IPO boom is developing a performance problem
BEIJING — Hong Kong may be the top market globally for initial public offerings, but it also suffers from a growing trend of weak stock performance from those debuts.
S. Korea, ASEAN to kick off negotiations for improving bilateral FTA
South Korea and the Association of Southeast Asian Nations are set to commence official talks for upgrading their free trade agreement, as part of the ongoing effort to expand bilateral ties in emerging areas, such as digital economy and critical minerals, Seoul's trade ministry said Monday.
Oil prices climb 3% after Iranian missile strikes on Israel
TOKYO, Japan — Oil prices rose more than three percent on Monday when markets reopened after the weekend, reflecting renewed concerns over Iran's first attack on Israel since an April 8 ceasefire.
Hong Kong tycoon bets China will overtake US economy ‘in next decade or so’
Hopewell founder Gordon Wu says city must leverage its role as a premier trading hub to attract highly fluid American private wealth
Hong Kong tycoon bets China will overtake US economy ‘in next decade or so’
Hopewell founder Gordon Wu says city must leverage its role as a premier trading hub to attract highly fluid American private wealth
Sam Altman Pushes Plan For Backdoor Government Backstop By Handing Out Small Equity Stake To Americans
Back in November, amid mounting speculation that OpenAI's massive cash burn was massively unsustainable in light of the $1.4 trillion of funding commitments by the AI company, which in turn has sparked the biggest capex flood in modern history all on the hope that the company's promised payments will be made good, O…
KRX issues circuit breaker for KOSPI on sharp fall
SEOUL, June 8 (Yonhap) -- South Korea's bourse operator on Monday activated a circuit breaker for the benchmark Korea Composite Stock Price Index (KOSPI) as the index nosedived by more than 8 percent due to a slump in tech heavyweights.
Seoul shares open 1.38 pct lower on woes over inflation, tech slump
SEOUL, June 8 (Yonhap) -- South Korean stocks opened more than 1 percent lower Monday, tracking Wall Street's slide sparked by the semiconductor shock and rate hike fears, with big-cap shares posting sharp declines.
(URGENT) Seoul shares open sharply lower on inflation, tech slump woes
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S. Korea, ASEAN to kick off negotiations for improving bilateral FTA
SEOUL, June 8 (Yonhap) -- South Korea and the Association of Southeast Asian Nations (ASEAN) are set to commence official talks for upgrading their free trade agreement (FTA), as part of the ongoing effort to expand bilateral ties in emerging areas, such as digital economy and critical minerals, Seoul's trade minist…
Tin demand for AI servers to triple by 2030, analyst says
The sand of tin ore. Indonesia is the world's second-largest producer of the element. © Reuters
Xi Jinping set to meet Kim Jong-un in North Korea, as China seeks to revitalise relationship
The China-North Korea relationship has been strained by a fall in trade during the pandemic and Pyongyang’s increasing ties with Russia
Xi calls for multipolarity, inclusive globalization ahead of Pyongyang visit
Chinese leader Xi Jinping called for a multipolar world and inclusive economic globalization in an op-ed published Monday in North Korea's Rodong Sinmun ahead of his state visit to Pyongyang.
Survivors of abuse by Mohamed Al Fayed call for trafficking investigation
Without it the ‘true scale’ of former Harrods owner’s alleged network will stay hidden, says survivors’ group
Hong Kong police warn World Cup fans against using overseas betting sites
Warning comes after Fifa names its first prediction market partner for tournament, which begins on June 11
Hong Kong police warn World Cup fans against using overseas betting sites
Warning comes after Fifa names its first prediction market partner for tournament, which begins on June 11
Trump says Netanyahu has ‘no choice’ but to accept Iran deal
Trump has told the Financial Times that Israeli Prime Minister Benjamin Netanyahu will have “no choice” but to accept a deal with Iran, even after Tehran fired missiles towards Israel.
Popular space heater sold at Costco for years recalled after causing house fires
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Nobel laureate James Heckman on the value of risk-taking, and China’s ‘common goal’
He also discusses the economic outlook, youth unemployment and whether the country can overtake the US in science and tech
Open Questions | Economist James Heckman on the value of risk-taking, and China’s ‘common goal’
He also discusses the economic outlook, youth unemployment and whether the country can overtake the US in science and tech
NASA to wear Prada as luxury group pushes into space industry
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Xi calls for multipolarity, inclusive globalization ahead of Pyongyang visit
SEOUL, June 8 (Yonhap) -- Chinese leader Xi Jinping called for a multipolar world and inclusive economic globalization in an op-ed published Monday in North Korea's Rodong Sinmun ahead of his state visit to Pyongyang.
Kalshi promo code NYPMAX: Trade $10, get $10 for the NBA Finals
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One team willing to making Giannis Antetokounmpo trade ‘no matter the risk’ of contract uncertainty
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(URGENT) Xi advocates multipolarity, inclusive economic globalization in Rodong Sinmun piece
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South Korean stock volatility increases concerns about leveraged investing
Global semiconductor giants SK Hynix and Samsung Electronics, riding an artificial intelligence boom, make up nearly half the value of South Korea's benchmark stock index. (Nikkei montage/Source photos by Reuters and AP)
[Yoo Choon-sik] When weak won meets strong questions
The won-dollar exchange rate reached its highest level since the 2008-09 global financial crisis on Friday, setting fresh records both during trading and at the market close. It drew attention not simply because of the scale of the currency’s decline, but because it occurred at a time when headline indicators of the…
Patriots receiver Kayshon Boutte expected at minicamp despite trade rumors
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United Airlines CEO says big merger unlikely after American rebuff, asset buys possible
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Australia’s data centre explosion: Why the surge in NSW, Victoria is now eclipsing the mining boom
NSW and Victoria are in the midst of a data investment explosion that is now larger than last decade’s mining boom, injecting tens of billions of dollars into the country, but there are doubts whether the rapid expansion will deliver long-term gains to Australians and government coffers.
Former Gotham Bar site in Manhattan has new owner
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The AI craze will soon hold even more sway over the world’s biggest sharemarket
An upcoming wave of major US floats will further concentrate the world’s largest sharemarket around technology giants, tying future performance ever closer to the profitability of artificial intelligence, investors say.
Delivery pain for UK dad as baby magazine arrives 19 years late
Paul Edwards ordered the publication before the birth of his son in 2007, but experienced pregnant pause before receiving it this week
Soloviev Group refinances West 57th Street tower
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Netafim, Israel's drip irrigation developers, opens biggest manufacturing plant to date in Mexico
Nefatim, an Israeli-developed manufacturer of precision agriculture equipment, announced on Sunday the inauguration of one of its largest factories to date in Hermosillo, Mexico.
US Sen. Bob Packwood, who resigned in sexual harassment scandal, dies
Senate Finance Committee Chairman Bob Packwood, R-Ore., holds a book entitled “Intensive Care” by Ross Perot, during hearings dealing with the future of Medicare on Capitol Hill, Aug. 30, 1995. (AP Photo/Dennis Cook, File)