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Kospi plunges 11%, Nikkei 225 drops 3%: why are Asian markets cracking?

Asian stocks extended a punishing sell-off on Wednesday as record chip earnings failed to calm doubts over the price investors are paying for

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Business

UBS stock gets a profit boost: will investors look past capital cloud?

UBS stock faces an early test on Wednesday after the Swiss bank delivered a larger-than-expected second-quarter profit, stronger wealth inflows and a fresh

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Business

What next for the falling Softbank stock amid the AI trade unwinding?

Softbank stock continued its strong downward trend, reaching its lowest level since April this year. It dropped to ¥4,595, down by nearly 50%

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Business

Is XRP price at risk as Senate delays CLARITY Act vote?

XRP has traded under renewed pressure since July 27, falling from around $1.10 to an intraday low near $1.05 as the US Senate

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Hang Seng Index is soaring as Kospi and Nikkei 225 implode: here’s why

The Hang Seng Index has outperformed its major Asian peers this year, even as the Kospi and Nikkei 225 have come under pressure.

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Business

Silver trades higher as investors await Federal Reserve policy decision

Silver price (XAG/USD) traded 1.14% higher at around $57.80 during the Asian trading session on Wednesday. The white metal gained despite a sharp

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Business

Gold’s $4,000 truce faces the Fed’s most dangerous decision yet

Gold held near $4,029 an ounce on Wednesday as traders avoided large bets before a Federal Reserve decision that could reset the outlook

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Business

PENGU price struggles after comic debut: why are traders selling?

PENGU price has dropped despite Pudgy Penguins’ comic debut as token unlock weighs on sentiment PENGU has extended its decline after the launch

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Business

Micron CEO cashes out $37 million: is this a red flag for MU investors?

Micron chief executive Sanjay Mehrotra sold shares worth about $37.3 million on Friday as the memory-chip maker suffers its steepest monthly slide in

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Business

European shares edge higher as miners and energy stocks lead gains

European shares edged higher on Wednesday, supported by gains in mining and energy stocks. Investors continued to track developments in the Middle East

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