Topic: Financial Markets — Neutral reports only

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[2026-06-09 11:49 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: OpenAI files for IPO after Anthropic
Snippet: ChatGPT maker OpenAI confidentially filed for a US initial public offering ‌recently, the company said Monday, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom.
Read full article: https://www.koreaherald.com/article/10767058
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[2026-06-09 11:20 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: OpenAI Files Confidentially For IPO, Joining SpaceX and Anthropic In Capitalizing On AI Frenzy
Snippet: The rush by AI companies to go public before the window closes (i.e., "market conditions" emerge) entered its final lap late on Monday, when OpenAI joined its two mega peers in filing for a blockbuster IPO that could value the ChatGPT creator at more than $1tn as it races rival Anthropic to list its shares publicly, following an imminent offering by SpaceX.
Read full article: https://www.zerohedge.com/markets/openai-files-confidentially-ipo-joining-spacex-and-anthropic-capitalizing-ai-frenzy
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[2026-06-09 11:16 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Asia tech stocks rebound after Wall Street chip names recover
Snippet: Asian technology stocks rebounded Tuesday, tracking Wall Street's gains, as investors returned to artificial intelligence-linked names.
Read full article: https://www.cnbc.com/2026/06/09/asia-tech-stocks-rebound-after-wall-street-chip-shares-recover-.html
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[2026-06-09 11:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China ride-sharing drivers compete for passengers, offer extra services from karaoke to haircuts
Snippet: Under-pressure taxi drivers seek to boost earnings, offer massage services, fit in-car disco balls and stage on-the-road singing competitions
Read full article: https://www.scmp.com/news/people-culture/trending-china/article/3356105/china-ride-sharing-drivers-compete-passengers-offer-extra-services-karaoke-haircuts?utm_source=rss_feed
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[2026-06-09 11:00 UTC+10:00] [China] [Factuality: 100]
Source: South China Morning Post
Title: China ride-sharing drivers compete for passengers, offer extra services from karaoke to haircuts
Snippet: Under-pressure taxi drivers seek to boost earnings, offer massage services, fit in-car disco balls and stage on-the-road singing competitions
Read full article: https://www.scmp.com/news/people-culture/trending-china/article/3356105/china-ride-sharing-drivers-compete-passengers-offer-extra-services-karaoke-haircuts
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[2026-06-09 10:44 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Perplexity plans IPO in 2028 regardless of what happens to Anthropic or OpenAI, CEO tells CNBC
Snippet: Perplexity is planning to go public in 2028 regardless of how the market receives the listings of Anthropic and OpenAI, CEO Aravind Srinivas told CNBC.
Read full article: https://www.cnbc.com/2026/06/09/perplexity-ipo-2028-as-anthropic-openai-prepare-listings.html
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[2026-06-09 10:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: MiniMax once led Zhipu in Hong Kong’s AI stock race. How the tables have turned
Snippet: Zhipu’s valuation now eclipses MiniMax, but looming lock-up tests may unleash volatility in Hong Kong’s AI stocks, analysts say
Read full article: https://www.scmp.com/tech/big-tech/article/3356390/minimax-once-led-zhipu-hong-kongs-ai-stock-race-how-tables-have-turned?utm_source=rss_feed
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[2026-06-09 10:30 UTC+10:00] [AI] [Factuality: 100]
Source: South China Morning Post
Title: MiniMax once led Zhipu in Hong Kong’s AI stock race. How the tables have turned
Snippet: Zhipu’s valuation now eclipses MiniMax, but looming lock-up tests may unleash volatility in Hong Kong’s AI stocks, analysts say
Read full article: https://www.scmp.com/tech/big-tech/article/3356390/minimax-once-led-zhipu-hong-kongs-ai-stock-race-how-tables-have-turned
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[2026-06-09 10:16 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: KRX issues buy-side sidecar for KOSPI on sharp rebound
Snippet: SEOUL, June 9 (Yonhap) -- South Korea's bourse operator on Tuesday activated a buy-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the index rose sharply, bouncing back from its steep fall the previous day.
Read full article: https://en.yna.co.kr/view/AEN20260609002500320
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[2026-06-09 09:22 UTC+10:00] [General] [Factuality: 100]
Source: BBC News
Title: SpaceX's stock market blast-off could be Musk's biggest gamble yet
Snippet: It's 07:25 am, 13 October 2024, at Starbase, near Boca Chica on the Texas side of the US/Mexico border, and on the launch pad stands the biggest rocket ever made. Its engines fire and it climbs into the skies over the Gulf of Mexico to cheers and screams in the SpaceX control room.
Read full article: https://www.bbc.com/news/articles/cy8d9e4lzv1o?at_medium=RSS&at_campaign=rss
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[2026-06-09 08:59 UTC+10:00] [General] [Factuality: 95]
Source: South China Morning Post
Title: To keep up with China’s fast-changing consumers, MNCs adapt via local alliances
Snippet: General Mills and Mölnlycke follow Starbucks, Burger King in forging partnerships to better tap local market insights
Read full article: https://www.scmp.com/business/china-business/article/3356391/keep-chinas-fast-changing-consumers-mncs-adapt-local-alliances?utm_source=rss_feed
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[2026-06-09 08:59 UTC+10:00] [Starbucks] [Factuality: 95]
Source: South China Morning Post
Title: To keep up with China’s fast-changing consumers, MNCs adapt via local alliances
Snippet: General Mills and Mölnlycke follow Starbucks, Burger King in forging partnerships to better tap local market insights
Read full article: https://www.scmp.com/business/china-business/article/3356391/keep-chinas-fast-changing-consumers-mncs-adapt-local-alliances
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[2026-06-09 08:40 UTC+10:00] [General] [Factuality: 90]
Source: South China Morning Post
Title: US$4.7 ⁠billion US-Canada bridge nears opening despite earlier Trump threat
Snippet: Trump demanded a share of Canada’s future toll revenue from the Michigan-Ontario Gordie Howe International ⁠Bridge, set to open on June 15
Read full article: https://www.scmp.com/news/world/united-states-canada/article/3356426/us47-billion-us-canada-bridge-nears-opening-despite-earlier-trump-threat?utm_source=rss_feed
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[2026-06-09 08:40 UTC+10:00] [Gordie Howe International Bridge] [Factuality: 90]
Source: South China Morning Post
Title: US$4.7 ⁠billion US-Canada bridge nears opening despite earlier Trump threat
Snippet: Trump demanded a share of Canada’s future toll revenue from the Michigan-Ontario Gordie Howe International ⁠Bridge, set to open on June 15
Read full article: https://www.scmp.com/news/world/united-states-canada/article/3356426/us47-billion-us-canada-bridge-nears-opening-despite-earlier-trump-threat
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[2026-06-09 08:02 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: ChatGPT maker OpenAI files for IPO looking to capitalize on investor appetite for AI boom
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/06/08/business/chatgpt-maker-openai-files-for-ipo-looking-to-capitalize-on-investor-appetite-for-ai-boom/
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[2026-06-09 07:20 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Campbell's CEO Serves Up Warning For Restaurants As "Resilient" At-Home Cooking Trend Gains Steam
Snippet: There is not much to get excited about in canned-soup maker Campbell's third-quarter results, with sales slumping and softness in its snack unit weighing on performance. But one revealing detail from management's earnings call earlier on Monday offers a broader read-through on the consumer: households may be spending much more time cooking at home and pulling back from restaurants in the second half of the year.
Read full article: https://www.zerohedge.com/markets/campbells-ceo-serves-warning-restaurants-resilient-home-cooking-trend-gains-steam
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[2026-06-09 07:14 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: OpenAI confidentially files for IPO, prepping Wall Street for mega AI debut
Snippet: OpenAI has confidentially filed for an IPO with the Securities and Exchange Commission, joining the party a week after Anthropic did the same and days before Elon Musk's SpaceX is set to hit the public market.
Read full article: https://www.cnbc.com/2026/06/08/openai-confidentially-files-for-ipo-prepping-wall-street-for-ai-debut.html
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[2026-06-09 06:15 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: How major US stock indexes fared Monday 6/8/2026
Snippet: Wall Street held steadier and recovered some of its sell-off from last week.
Read full article: https://apnews.com/article/wall-street-stocks-dow-nasdaq-bdfcaff60df7b2a2bd60b51ecf85d0ff
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[2026-06-09 05:55 UTC+10:00] [Technology] [Factuality: 100]
Source: The Age
Title: Apple unveils new Siri, AI features
Snippet: Apple investors gave a tepid reception to the next generation of its artificial intelligence platform, which is key to the company’s bid to catch up with Silicon Valley peers in a critical market.
Read full article: https://www.theage.com.au/technology/apple-unveils-new-siri-ai-features-20260609-p604yt.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-09 05:53 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: US airline fuel bill spikes 78% as global profit outlook is slashed
Snippet: A worker finishes up fueling a jet at DFW International Airport in Grapevine, Texas, April 14, 2026. (AP Photo/LM Otero, File)
Read full article: https://apnews.com/article/jet-fuel-airlines-iran-war-fbcdb0882feaf57045555a586a1a3d8b
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[2026-06-09 05:32 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Nippon Steel to invest up to $2.5bn in U.S. Steel's Pennsylvania complex
Snippet: U.S. Steel's Edgar Thomson Plant will receive a state-of-the-art hot strip mill. (Photo by Hiroki Endo)
Read full article: https://asia.nikkei.com/business/materials/nippon-steel-to-invest-up-to-2.5bn-in-u.s.-steel-s-pennsylvania-complex
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[2026-06-09 05:20 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Title: ASX set to rise, AI stocks drive Wall Street rebound
Snippet: Wall Street is recovering some of its sell-off from Friday, as stocks swept up in the artificial-intelligence boom bounce back on Monday. Oil prices, meanwhile, are higher following fighting between Israel and Iran, but they have come off their peaks from overnight.
Read full article: https://www.theage.com.au/business/markets/asx-set-to-rise-ai-stocks-drive-wall-street-rebound-20260609-p604yo.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-09 05:00 UTC+10:00] [General] [Factuality: 92]
Source: Zero Hedge
Title: UBS Warns America's Restaurants Locked In "Difficult Cycle" As Tax-Refund Sugar-High Fades
Snippet: There is certainly a growing consensus on Wall Street that the tax-refund sugar high is fading just as consumers' financial profiles deteriorate. The latest read-through comes from UBS analyst Dennis Geiger, the bank's U.S. restaurants equity research analyst, who warns that a toxic cocktail of macro pressures is likely to crimp restaurant spending in the second half of the year.
Read full article: https://www.zerohedge.com/markets/ubs-warns-americas-restaurants-locked-difficult-cycle-tax-refund-sugar-high-fades
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[2026-06-09 03:58 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Silicon Valley’s new buyout playbook is hitting Wall Street
Snippet: Venture capital is buying its way into the artificial intelligence transformation that enterprise software hasn't delivered. Instead of selling AI tools to companies, venture firms are buying legacy companies outright and rebuilding them around AI from the inside.
Read full article: https://www.cnbc.com/2026/06/08/silicon-valleys-new-buyout-playbook-is-hitting-wall-street.html
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[2026-06-09 03:56 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Texas cattle ranch sells for a whopping $46M after going on market for first time in 60 years
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/06/08/real-estate/texas-cattle-ranch-sells-for-a-whopping-46m-after-going-on-market-for-first-time-in-60-years/
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[2026-06-09 03:50 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: As Mideast war flares again, here are the stakes for each side
Snippet: A vendor looks on from the window of his shop at a local street market following air raid sirens warning of incoming Iranian missiles in Haifa, northern Israel, Monday, June 8, 2026. (AP Photo/Leo Correa)
Read full article: https://apnews.com/article/iran-war-israel-hezbollah-trump-b02a0bacb11a5b2239d2cc76ceec3718
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[2026-06-09 02:53 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: The Knicks’ stock hits record high on historic NBA Finals lead
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/06/08/business/the-knicks-stock-hits-record-high-on-historic-nba-finals-lead/
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[2026-06-09 02:00 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Stock market, peso slump as appetite for risk weakens
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/06/09/business/stock-market-peso-slump-as-appetite-for-risk-weakens/2361009
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[2026-06-09 01:48 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Kalshi traders say Strait of Hormuz traffic won't return to normal before January
Snippet: There is a high likelihood that the shipping traffic in the Strait of Hormuz will not return to normal this year, according to prediction market traders.
Read full article: https://www.cnbc.com/2026/06/08/strait-of-hormuz-traffic-wont-return-to-normal-until-end-of-the-year-traders-say.html
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[2026-06-09 01:33 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Inflation Expectations Dip, Driven By Lower Gas Prices, While Labor Market Prospects Worsen: NY Fed Survey
Snippet: Ahead of Wednesday's CPI report which is expected to show a substantial rise in consumer prices, moments ago we got an early look into how consumers view inflation after the NY Fed's latest monthly survey of consumer expectations reported that inflation expectations at the one-year horizon dipped to 3.46% in May from 3.64% in April, easing from the highest print since September 2023.
Read full article: https://www.zerohedge.com/economics/inlation-expectations-dip-driven-lower-gas-prices-while-labor-market-prospects-worsen-ny
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[2026-06-09 00:00 UTC+10:00] [General] [Factuality: 92]
Source: South China Morning Post
Title: Leaks and backdoors: China warns of security risks in relay services for foreign AI models
Snippet: Security ministry cautions developers on grey-market relay platforms, raising fears of privacy breaches and illicit data trading
Read full article: https://www.scmp.com/tech/big-tech/article/3356310/leaks-and-backdoors-china-warns-security-risks-relay-services-foreign-ai-models?utm_source=rss_feed
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[2026-06-09 00:00 UTC+10:00] [Gemini] [Factuality: 92]
Source: South China Morning Post
Title: Leaks and backdoors: China warns of security risks in relay services for foreign AI models
Snippet: Security ministry cautions developers on grey-market relay platforms, raising fears of privacy breaches and illicit data trading
Read full article: https://www.scmp.com/tech/big-tech/article/3356310/leaks-and-backdoors-china-warns-security-risks-relay-services-foreign-ai-models
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[2026-06-08 23:50 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Key Events This Week: All Eyes On The First CPI Print Over 4% In 3 Years
Snippet: Before we look at the Fed, let's take another quick look at the rollercoaster of the past trading session: a hawkish Fed repricing after the payrolls report triggered a sharp US equity sell-off on Friday with the S&P 500 falling -2.64% (2.59% on the week), its worst day of the year so far, snapping a run of nine consecutive weekly gains.
Read full article: https://www.zerohedge.com/markets/key-events-week-all-eyes-first-cpi-print-over-4-3-years
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[2026-06-08 23:49 UTC+10:00] [General] [Factuality: 90]
Source: Zero Hedge
Title: Ceased Ceasefire?
Snippet: By Bas van Geffen, Senior Market Strategist at Rabobank
Read full article: https://www.zerohedge.com/markets/ceased-ceasefire
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[2026-06-08 23:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: SpaceX IPO set to lift industry in push for space-based AI computing, solar power: report
Snippet: The company’s expected listing may boost overall satellite industry profit as it expands into more space-based applications
Read full article: https://www.scmp.com/tech/tech-war/article/3356375/spacex-ipo-set-lift-industry-push-space-based-ai-computing-solar-power-report?utm_source=rss_feed
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[2026-06-08 23:30 UTC+10:00] [space] [Factuality: 100]
Source: South China Morning Post
Title: SpaceX IPO set to lift industry in push for space-based AI computing, solar power: report
Snippet: The company’s expected listing may boost overall satellite industry profit as it expands into more space-based applications
Read full article: https://www.scmp.com/tech/tech-war/article/3356375/spacex-ipo-set-lift-industry-push-space-based-ai-computing-solar-power-report
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[2026-06-08 22:52 UTC+10:00] [General] [Factuality: 90]
Source: The National (UAE)
Title: 'It felt like a dream': Nepalese security guard to share Dh30m UAE lottery fortune with friends | The National
Snippet: An overjoyed Nepalese security guard who won the UAE's first Dh30 million midweek lottery jackpot will share the life-changing windfall with four friends.
Read full article: https://www.thenationalnews.com/news/uae/2026/06/08/it-felt-like-a-dream-nepalese-security-guard-to-share-dh30m-uae-lottery-fortune-with-friends/
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[2026-06-08 22:34 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Futures Rebound, Oil Pares Gain After Iran Declares End To Military Operations
Snippet: US stocks futures rebounded and oil pared much of its overnight gains, following a declaration from Iran that military operations against Israel ended after the biggest military escalation between Iran and Israel overnight. As of 8:00am ET, S&P futures rose 0.7% while those for the Nasdaq 100 climbed 1.4%, with Mag 7 stocks trading mostly higher in premarket trading ahead of Apple's WWDC keynote later today, which may boost the Mag 7 group.
Read full article: https://www.zerohedge.com/markets/futures-rebound-oil-pares-gain-after-iran-declares-end-military-operations
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[2026-06-08 22:07 UTC+10:00] [General] [Factuality: 90]
Source: South China Morning Post
Title: NWD tests market with 28 Pavilia Rosa flats for sale amid Hang Seng slump
Snippet: Hong Kong developer’s Kowloon Tong project, to be sold on a ‘first come, first served’ basis on Friday, is a test of market sentiment
Read full article: https://www.scmp.com/business/article/3356400/nwd-tests-market-28-pavilia-rosa-flats-sale-amid-hang-seng-slump?utm_source=rss_feed
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[2026-06-08 22:07 UTC+10:00] [US] [Factuality: 90]
Source: South China Morning Post
Title: NWD tests market with 28 Pavilia Rosa flats for sale amid Hang Seng slump
Snippet: Hong Kong developer’s Kowloon Tong project, to be sold on a ‘first come, first served’ basis on Friday, is a test of market sentiment
Read full article: https://www.scmp.com/business/article/3356400/nwd-tests-market-28-pavilia-rosa-flats-sale-amid-hang-seng-slump
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[2026-06-08 21:38 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: China is helping to cushion global oil prices below $100 — but analysts warn it won’t last
Snippet: A rapid reduction in Chinese crude imports has helped stop oil from trading even higher since the outbreak of the U.S.-Iran war — but analysts warn that price rises will be needed as market balance is gradually restored.
Read full article: https://www.cnbc.com/2026/06/08/china-oil-iran-war-us-israel-energy-prices-strait-hormuz.html
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[2026-06-08 20:15 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: As Trainspotting turns 30, Ewan McGregor and Danny Boyle on the film’s massive impact
Snippet: Trainspotting star McGregor and director Boyle share how the 1996 film about Scottish heroin addicts still resonates three decades on
Read full article: https://www.scmp.com/lifestyle/entertainment/article/3356326/trainspotting-turns-30-ewan-mcgregor-and-danny-boyle-films-massive-impact?utm_source=rss_feed
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[2026-06-08 20:15 UTC+10:00] [Trainspotting] [Factuality: 100]
Source: South China Morning Post
Title: As Trainspotting turns 30, Ewan McGregor and Danny Boyle on the film’s massive impact
Snippet: Trainspotting star McGregor and director Boyle share how the 1996 film about Scottish heroin addicts still resonates three decades on
Read full article: https://www.scmp.com/lifestyle/entertainment/article/3356326/trainspotting-turns-30-ewan-mcgregor-and-danny-boyle-films-massive-impact
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[2026-06-08 19:40 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Weight loss drug maker sinks 25% after new safety data spooks investors
Snippet: Shares of weight loss drug maker Zealand Pharma plummeted as much as 26% on Monday after new data on its experimental medicine raised concerns over its potential side effects.
Read full article: https://www.cnbc.com/2026/06/08/weight-loss-drug-stock-zealand-pharma-data-ada.html
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[2026-06-08 18:53 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Manus on Markets: Fragile ceasefire under threat as Israel and Iran exchange strikes | The National
Snippet: From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux.
Read full article: https://www.thenationalnews.com/business/markets/2026/06/08/manus-on-markets-fragile-ceasefire-under-threat-as-israel-and-iran-exchange-strikes/
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[2026-06-08 18:15 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Spain-Style Blackout Risk Rises As ERCOT Flags Boston-Sized Data Center Loads Tripping Offline
Snippet: The Electric Reliability Council of Texas (ERCOT) gave the market another concrete reason to stop pretending the grid can absorb unlimited hyperscale load growth on top of an already strained generation mix.
Read full article: https://www.zerohedge.com/energy/spain-style-blackout-risk-rises-ercot-flags-boston-sized-data-center-loads-tripping-offline
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[2026-06-08 18:10 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Mirae Asset taps Singapore's UOB for omnibus accounts
Snippet: Mirae Asset Securities said Monday it has launched a foreign investor omnibus account service through a partnership with Singapore-based brokerage UOB Kay Hian, in a move aimed at improving overseas investors' access to South Korean equities.
Read full article: https://www.koreaherald.com/article/10766428
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[2026-06-08 18:02 UTC+10:00] [Business] [Factuality: 100]
Source: Guardian Australia
Title: Stock markets fall and oil jumps as Middle East conflict intensifies and AI boom falters – business live
Snippet: Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.
Read full article: https://www.theguardian.com/business/live/2026/jun/08/stock-markets-fall-oil-jumps-middle-east-conflict-ai-boom-falters-live-news-updates
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[2026-06-08 17:58 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: South Korean stocks end 8% lower as US rate fears hit high-flying Asia
Snippet: Currency dealers work in front of an electronic board displaying the exchange rate between the U.S. dollar and South Korean won and the Korea Composite Stock Price Index (KOSPI) at the dealing room of a bank in Seoul, South Korea on June 8. © Reuters
Read full article: https://asia.nikkei.com/business/markets/south-korean-stocks-end-8-lower-as-us-rate-fears-hit-high-flying-asia
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[2026-06-08 17:19 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Kospi crashes over 8% on tech hemorrhage, US rate woes; won rises after verbal intervention
Snippet: South Korean stocks nosedived more than 8 percent Monday, extending their losing streak to a third consecutive session, as investors dumped market heavyweights on renewed woes over artificial intelligence profitability and concerns over a possible hawkish pivot of the US Federal Reserve.
Read full article: https://www.koreaherald.com/article/10766289
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