Foreign investors are withdrawing billions from Asia’s top-performing AI-linked stock markets, marking the sharpest retreat in over seven months.A Bloomberg exclusive reports that Taiwan, South Korea, Japan, and China have all seen selloffs in recent weeks as rising valuations, shifting global monetary expectations, and structural concerns push capital elsewhere.Although the…
Eastern Europe is expanding faster than any other part of the continent and completely changing how Europe works.Western Europe still holds most of the wealth but no longer drives the momentum. Southern Europe has rebuilt its finances and is using its newfound room to help strained households.The story used to…
Rachel Reeves is set to abandon a planned rise in income tax in her upcoming budget after a tumultuous week inside the Labour Party, with the chancellor reportedly reversing course under mounting pressure from both markets and party infighting.A senior source told the Guardian that the proposal, which would have…
Hedge fund manager Michael Burry, whose prescient bet against the US housing market ahead of the 2008 financial crisis cemented his reputation as one of Wall Street’s sharpest contrarians, has deregistered his firm Scion Asset Management. The move comes just days after regulatory filings revealed his bearish positions against artificial…
Tokyo-listed shares of SoftBank Group fell sharply on Friday, extending a three-day losing streak as investors digested the Japanese conglomerate’s disclosure that it had sold its entire stake in US chipmaker Nvidia for $5.83 billion.The stock fell nearly 9% in early trade, before trimming losses to 5% lower later in…
India’s ambitious foray into the green hydrogen economy is currently facing significant headwinds, with a recent assessment from a US-based energy think tank highlighting critical impediments to its progress. The core of the problem lies in the disappointingly slow pace of project commissioning.This sluggishness is primarily attributed to a dual challenge:…
Thursday brought a flurry of major developments across politics, business, and technology. A US judge allowed Elon Musk’s antitrust lawsuit against Apple and OpenAI to advance, while President Donald Trump may unveil sweeping tariff reductions and new trade pacts aimed at easing inflation-weary American households. Media giants reportedly began circling…
A Texas federal court has allowed a major antitrust lawsuit to proceed, targeting Apple Inc. and OpenAI over claims that their partnership may suppress competition in artificial intelligence. The legal challenge, brought by Elon Musk’s X Corp. and xAI, argues that Apple’s decision to embed OpenAI into the iPhone’s operating…
The Dow Jones Index has pulled back in the past few days, moving from the year-to-date high of $48,416 to the current $47,457. It has remained about 30% above its lowest level this year. So, is it safe to buy the DIA ETF dip?Why the Dow Jones Index has retreatedThe…
Foreign investors are withdrawing billions from Asia’s top-performing AI-linked stock markets, marking the sharpest retreat in over seven months.A Bloomberg exclusive reports that Taiwan, South Korea, Japan, and China have all seen selloffs in recent weeks as rising valuations, shifting global monetary expectations, and structural concerns push capital elsewhere.Although the…