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More than 30 killed or wounded in air strikes on Yemeni market, Houthis say Air strikes on a market in Yemen’s Taiz province have killed or wounded more than 30 people, according to the Houthi-run Al-Masirah TV. The channel said the toll from Friday morning’s attack was preliminary, with searches for missing people …
Chery will recall 53,882 vehicles starting later this month over a manufacturing defect in the rear axle, China's market regulator said on Friday. The recall, covering Tiggo 5x and Omoda models produced between June 2022 and December 2023, stems from a rear-axle welding defect that could, in extreme cases,…
Higher production at Khor Mor gasfield boosts earnings despite security disruptions
Eight runners share their favourite routes across the country to suit all levels from beginners to experts
Wendy’s rejected a $1.4 billion buyout offer from an activist investor, saying Thursday that the bid was too low and didn't take into account the company's long-term earnings potential under its new CEO.
The world's biggest defense firms are finding that demand for traditional military equipment remains strong even as drones and AI reshape how wars are fought.
Global markets are being roiled due to concerns over US data centre expansion and AI regulation.
Worries over data center curbs accelerate skid in Asian markets
From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux.
China’s state intervention in the struggling market accelerated this week, even before the US midterm results gave global markets a jolt. Meanwhile, global executives gathered in Hong Kong to discuss issues ranging from the AI trade to asset diversification and wealth management, amid the city’s better-than-expected…
SEOUL, Nov. 6 (Yonhap) -- Nvidia Corp. has finalized its payment of US$1 billion...
Wall Street suffered its worst single-day sell-off in years, wiping more than $3 trillion off the market as midterm election results settled.
SEOUL, Nov. 6 (Yonhap) -- South Korea's benchmark Korea Composite Stock Price In...
European and Asia-Pacific markets slide after Wall Street rout, while latest US jobs report beats forecastsDespite the sharp losses suffered on global stock markets around the world, most indices are still up for the year.The Nasdaq Composite index, for example, is still up 4.6% since the start of January – even tho…
A concise round-up of the region’s top news stories this morning
Korean beauty’s export boom shows no signs of slowing, with shipments through September nearly matching last year’s total. But third-quarter earnings at the industry’s biggest players paint a less rosy picture. APR, Korea’s most valuable beauty company worth roughly 10 trillion won ($7.35 billion), led the pack. It …
Hong Kong’s Exchange Fund, the war chest used to defend the local currency, reported a 74 per cent tumble in third-quarter earnings amid pervasive market uncertainty. The outlook for the final quarter is also challenging, the Hong Kong Monetary Authority (HKMA) said on Friday. Earnings totalled HK$18.6 billion (US$2…
SEOUL, Nov. 6 (Yonhap) -- Kia Corp. said Friday it will invest 3 trillion won (U...
Hong Kong Exchanges and Clearing (HKEX), the operator of Asia’s third-largest stock market, has reported its first year-on-year decline in quarterly profit in over two years amid a slowdown in market turnover, with profits falling 10 per cent compared with the previous quarter. Net profit for the three months to Sep…
President Trump blamed the Democrats' blue wave election wins for Thursday’s unprecedented stock market sell-off that saw firms lose trillions of dollars in value in a single day.
SEOUL, Nov. 6 (Yonhap) -- The country's finance minister said Friday that the fi...
The actress rose to fame on TV's "Falcon Crest" in the 1980s.
SEOUL, Nov. 6 (Yonhap) -- South Korea's benchmark Korea Composite Stock Price In...
Nongshim is boosting brand awareness and expanding its market presence by bringing its signature spicy ramyeon closer to Indian consumers. From Oct. 30 to Nov. 22, a Shin Ramyun food truck will tour four northeastern cities, including Guwahati, Shillong, Aizawl and Agartala, visiting 20 locations such as university …
MANILA, Philippines — Oil companies are expected to implement a big-time price rollback next week as the global market reacted to recent developments in the Middle East and the US mid-term elections, local oil industry sources said on Friday.
Concerns over data center restrictions send Japan's Nikkei average down 7%, KOSPI off by 9%
Asian technology stocks tumbled Friday, tracking a sharp sell-off on Wall Street overnight that sent the tech-heavy Nasdaq Composite into correction territory.
Seoul stocks opened sharply lower Friday, tracking an overnight rout on Wall Street as investors feared a Democratic sweep in Congress could decelerate the data center build-out. The benchmark Korea Composite Stock Price Index was down 460.33 points, or 8.55 percent, to 4,923.47 as of 9:25 a.m. After opening over 2 …
SEOUL, Nov. 6 (Yonhap) -- Doosan Group said Friday it will invest about 550 bill...
Asian markets track Wall Street amid concerns over data center restrictions
SEOUL, Nov. 6 (Yonhap) -- Lotte Shopping Co., an affiliate of South Korean retai...
South Korea's bourse operator on Friday activated a circuit breaker for the benchmark Korea Composite Stock Price Index on an extended sell-off in tech shares. Trading of KOSPI-listed shares was halted for 20 minutes from 9:03, as the index plunged more than 8 percent from the previous session's close. The benchmark…
Blue-chip semiconductor stocks plunged around 10 percent during intraday trading Friday, dragging the benchmark Kospi below the 5,000-point mark as investor sentiment was rattled by a sharp overnight sell-off in major technology stocks on Wall Street following the US midterm elections. The benchmark Kospi opened at …
Wall Street indices nosedive as investor thinking about the rollout of AI infrastructure turns on its head. So, is this latest sell-off a flash in the plan or the start of a broader bear market?
SEOUL, Nov. 6 (Yonhap) -- The country's finance minister said Friday that the fi...
This newly proven playbook for market absorption could serve heavily as market strategies for upcoming mega-public offerings
CNBC’s Jim Cramer said AI stocks are becoming increasingly difficult to value.
The carnage might not end anytime soon. "We're setting up for a market bottom," one CEO told On The Money.
House Democrats Eye Their Own Crypto Market Structure Bill With A Bigger SEC Role After Sweep Authored by Micah Zimmerman via Bitcoin Magazine,House Democrats are discussing a plan to turn Rep. Maxine Waters' Crypto Investor and Consumer Bill of Rights into their own crypto market structure bill next Congress, with …
S&P 500 firms shed $2.9 million in market value and Nasdaq companies lost $2.5 trillion – both single-day records – on Thursday as investors panicked over a looming data-center reckoning in the wake of Democrats’ midterm sweep.
American benchmarks suffer biggest drop since April 2025
Elon Musk's Tesla and SpaceX lose $420 billion in combined market cap after midterms
For owners of 100-foot-plus yachts, landing a slip is now tougher than scoring an off-market penthouse.
Mapped: Socialists Just Captured America's Two Biggest Cities - As 'Blue Wave' Knocks The Market's Teeth In If Nithya Raman's lead in Los Angeles holds, about 14.4 million Americans will live under a socialist mayor, up from 9.4 million before Tuesday, and the country's two largest cities will both be run by members…
Tech-led Nasdaq notched its deepest one-day drop since ‘Liberation Day’ in April 2025, wiping out trillions in market value on fears of more AI scrutiny, particularly on data centre construction, after Democrats won big in US midterm elections. The Nasdaq Composite fell 5.5 per cent on investor fears that the Democr…
Democrats are reportedly preparing to investigate JPMorgan’s banking relationship with late financier and sex offender Jeffrey Epstein -- and are considering hauling execs at other Wall Street giants before Congress once they take control in January.
Spring is usually one of the hottest times to sell property, but a housing market slump is affecting regional areas.
The Wall Street giant is handing out highly lucrative partnerships to stop rainmakers from defecting to private equity — but declined to reveal the racial and gender breakdown of its newest elite club.
David Jones suppliers are scrambling to recover their stock after the retailer entered voluntary administration.
Calvin Klein's stock shot up as Jude Bellingham's pants came down for the brand's provocative campaign.
