South Korean chip stocks plunge as Chinese rival CXMT surges on market debut

KLA results beat Wall Street estimates, but shares fall on high investor expectations reut.rs/4frNTc1

bluesky_Reuters · about 2 hours ago

Standard Chartered launches $1bn share buyback as bank embraces AI Asia-focused UK lender has embarked on cost-cutting plan that includes reducing back-office jobs

financial times · about 2 hours ago

BREAKING South Korean stocks plunged more than 11Wednesday as the tech rout that has hammered the market in recent weeks deepened, with chipmakers SK hynix and Samsung collapsing

bluesky_AFP English · about 2 hours ago

Cyprus Business Now: tax reform, financial stability, real estate, Wealthyhood The 50 highest-value property transactions completed in Cyprus during the first six months of 2026 were worth a combined €286.4 million, according to analysis released by real estate analytics firm Ask Wire. The analysis examined the countrys 50 largest property sales completed between January and June 2026, as well as how those transactions were distributed […]

cyprus mail · about 2 hours ago

Børsen The Chinese chip manufacturer CXMT has soared to the top after its stock market debut, while several of the worlds largest chip stocks have fallen. Investors see signs that competition from China can pressure the established giants and change the balance of power in the industry.

cphpost · about 2 hours ago

Stock markets slide again after SK Hynix profits disappoint South Korean chip giant misses analyst expectations but insists risk of memory oversupply remains limited

financial times · about 2 hours ago

The dilution cycle hiding in tech valuations Companies have a responsibility to protect every share but stock-based pay is quietly eroding their value

financial times · about 2 hours ago

Bank of England probes Asian equity risk at prime brokers Regulator to review exposure to AI sector at hedge funds and other clients of investment banks operating in UK

financial times · about 2 hours ago

Nuclear revival needs $250bn a year, industry says Banks urged to unlock private capital as governments eye more atomic energy projects

financial times · about 2 hours ago

Moni fields sell for €55m in Cypruss biggest H1 land deal Cypruss 50 most expensive property sales in the first half of 2026 topped €286 million, according to Ask Wire, with Limassol continuing to hold its position as the countrys most expensive and most sought-after real estate market. Among the ten most expensive properties sold nationwide, Limassol recorded six transactions worth a combined €117.2 million. Paphos […]

in-cyprus · about 2 hours ago

Private equity group pays discount price for Yorkshire Water stake EQT bought joint control of UK utility in deal worth less than the value of its regulated assets

financial times · about 2 hours ago

Mercedes-Benz posts higher second-quarter profit on strict cost cuts Mercedes-Benz (MBGn.DE) posted a higher profit in the second quarter helped by tough cost cuts, pushing its ‌shares up on Tuesday, but intense Chinese competition dented the outlook for car sales and revenue. The results were a rare respite for investors in the German automotive sector, which has been battered by mounting tariff costs and […]

cyprus mail · about 3 hours ago

Significant reduction of fuel prices expected next week Prime Minister Hristijan Mickoski said today that he expects a more significant reduction in the price of diesel and gas to come next week, after yesterday the Energy Regulatory Commission (RKE) made a decision to increase the retail prices of oil derivatives by an average of 4.55 percent. Mickoski, answering a journalists question about the […] The post Significant reduction of fuel prices expected next week appeared first on Republika English.

republika macedonia · about 3 hours ago

Dollar steady ahead of Fed decision; Aussie falls after inflation data reut.rs/4hDa2Wc

bluesky_Reuters · about 3 hours ago

UK retail inflation falls in July due to summer discounts Average prices at British retailers rose by an annual 0.9 per cent this month, the ​smallest increase since December 2025, as the ‌mens soccer world cup triggered supermarket discounts on alcohol and snacks, the British Retail Consortium said on ​Tuesday. Retailers competed hard to limit prices rises, ​with a wave of summer promotions across ⁠food […]

cyprus mail · about 3 hours ago

Barclays first half profit beats forecasts at £6.1 billion Barclays first half profits rose by a ​better than expected 17 per cent as it reaped bumper equities trading revenues from volatile markets, although ‌its shares dropped on Tuesday in a sign of high investor expectations for British banks. Profit before tax for the January to June period of £6.1 billion ($8.11 billion) was just […]

cyprus mail · about 3 hours ago

Hedge funds face demands to stump up collateral as AI stocks tumble Scale of losses in recent weeks sparks growing risk aversion on Wall Street

financial times · about 4 hours ago

SK Hynix shares slide despite sixfold profits surge South Korean chip giant misses analyst expectations but insists risk of memory oversupply remains limited

financial times · about 4 hours ago

UKs NIESR nudges up growth forecast, warns of persistent inflation reut.rs/4frXpvL

bluesky_Reuters · about 4 hours ago

BOE Seen on Hold Through 2027 Despite Inflation Spike The Bank of England is unlikely to raise its key interest rate this year or next, despite a sharp pickup in inflation over the second half of 2026, the National Institute of Economic and Social Research said.

wsj · about 5 hours ago

API shows fall in weekly US crude stocks, rise in fuel inventories, sources say reut.rs/4c9PDV8

bluesky_Reuters · about 5 hours ago

Asian stocks stabilise after rout ahead of tech earnings, Fed decision reut.rs/4yMGPhM

bluesky_Reuters · about 5 hours ago

Teradyne forecasts upbeat revenue on strong chip equipment demand, shares jump reut.rs/4h3WTVZ

bluesky_Reuters · about 5 hours ago

Chip stocks tumble as AI sell-off deepens Nasdaq 100 briefly falls into correction territory ahead of Big Tech earnings

financial times · about 5 hours ago

Higher inflation to cut value of UK public spending by £24bn, think-tank says Niesr calls for new policy commitments to be fully funded owing to impact of Iran war

financial times · about 5 hours ago

Ferrovial gana 258 millones hasta junio, un 52,2 menos por extraordinarios Elevó un 5,2 los ingresos y su ebitda ajustado creció un 13,9 en términos interanuales. Leer

expansion · about 6 hours ago

AI glasses help propel EssilorLuxottica sales growth Sales of AI-enabled eyeglasses, which have nearly doubled since last year, helped EssilorLuxottica accelerate second-quarter growth, the worlds largest maker of eyeglasses reported Tuesday. Second quarter sales rose…

japantoday · about 6 hours ago

SK Hynix profits soar sixfold on AI boom Second-largest memory-chip maker says it won multiyear contracts with about 10 customers

financial times · about 6 hours ago

Wall Street: Οι κυκλικές μετοχές κράτησαν όρθια την αγορά - Το βλέμμα σε Fed και Big Tech Οι επενδυτές παραμένουν επιφυλακτικοί απέναντι στον τεχνολογικό κλάδο και τις μετοχές των μικροτσίπ, περιμένοντας να πάρουν κατεύθυνση από τα αποτελέσματα των Big Tech - Ανάσες από την αποκλιμάκωση του πετρελαίου - Κρίσιμο το σήμα που θα στείλει η Fed την Τετάρτη

protothema · about 6 hours ago

Northgate alcanza una flota récord tras invertir 360 millones La compañía de rénting cerró el año fiscal con una flota de 80.000 vehículos en España. Leer

expansion · about 6 hours ago