Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Magnificent Seven Slump as AI Spending Fears Shift Market Focus to Chipmakers and Japan's Yen Hits 40-Year Low
The Magnificent Seven tech giants saw their stocks slide in June as investors worried about AI spending. Meanwhile, chipmakers surged and Ja
Asia's Big Investors Stress-Test AI Costs, Private Credit Risks, and Indonesia's Fiscal Credibility
Fitch Ratings says Asian institutional investors are stress-testing three key areas: AI infrastructure costs and worker displacement, transp
Japan's Nikkei Extends Rally as AI Chip Stocks Surge, but Profit-Taking Caps Gains
Japan's Nikkei rose for a third straight session, powered by AI-related chip stocks, but early gains faded as profit-taking kicked in. The B
Indian Stocks Eye Higher Open as GIFT Nifty Rises, but Foreign Selling and Iran Tensions Cap Gains
Indian stocks are poised for a higher open after two weak sessions, with GIFT Nifty futures pointing above Tuesday's close. But persistent f
KOSPI Drops 2% as Foreign Investors Cash Out of Chip Stocks Despite Record AI-Driven Exports
South Korean shares slid more than 2% as overseas investors took profits in chip giants Samsung and SK Hynix. The selloff came despite recor
Corn and Wheat Futures Rise as USDA Reports Tighter US Grain Supplies
Corn and wheat futures ticked up after the USDA reported June 1 stockpiles and wheat acreage below analyst forecasts, signaling tighter US s
Singapore Stocks Rise as Oil Posts Steepest Quarterly Drop Since 2020 on US-Iran Ceasefire
Singapore stocks opened higher as oil prices tumbled, with Brent crude logging its steepest quarterly decline since the first quarter of 202
HKEX Slashes Minimum Board Lot Value to HK$1,000 in Phased Rollout Starting July 2
Hong Kong Exchanges and Clearing (HKEX) is cutting the minimum board lot value to HK$1,000, starting July 2. The phased change aims to make
ANA and JAL Set Record Fuel Surcharges for July and August Flights
ANA and JAL plan to hike fuel surcharges to record highs for July and August, with Europe-bound tickets adding 65,000 yen and Hawaii about 4
ASX Set to Open Higher as Wall Street Gains Offset Middle East Jitters and Soft Home Data
Australian stocks are expected to open higher on Wednesday, buoyed by a strong session on Wall Street. Investors are balancing Middle East c
TSX Posts Eighth Straight Quarterly Gain, But Lags US Rally Amid Trade Uncertainty
Canada's S&P/TSX Composite rose 6.4% in the second quarter, its eighth straight quarterly gain and longest streak since 1996. However, it la
Mixed US Data Pulls Wall Street in Opposite Directions as Yields Dip
Tuesday's data sent conflicting signals: job openings topped expectations while consumer confidence disappointed. The 10-year Treasury yield