Korean Stocks Rise 23% in 10 Days as Chip Rally Regains SteamNew!!
A revival in the global AI trade pushed South Korean stocks toward a technical bull market, marking a dramatic turnaround from last month’s historic rout.
US Sells 10-Year Debt at Highest Yields Since Financial CrisisNew!!
A $42 billion auction of 10-year US Treasuries resulted in the highest yield for the benchmark securities since 2007, luring decent appetite from investors who’ve been demanding more compensation to finance the US government.
My wife can claim $900 at 62. Should she take it now — or wait for her spousal benefit?New!!
“She was a teacher at a school district, so didn’t put much into Social Security.”
Cisco sees record results from an AI ‘supercycle,’ but its stock pulls backNew!!
An 18% revenue surge and blowout 2027 forecast weren’t enough to sustain Cisco’s stock momentum.
India’s Small, Mid-cap Funds Stay Hot With InvestorsNew!!
The smaller stocks have comfortably outpaced large caps this year.
Korea’s 30-Year Bond Yield Hits Record on Oil, Rate Hike BetsNew!!
South Korea’s 30-year government bond yield climbed to a record, as elevated energy prices and weaker demand from life insurers intensified pressure on the debt market.
Oil Gains Before US CPI, Asian Tech Stocks Rise: Markets WrapNew!!
Crude oil climbed as traders remained wary about the prospects for a Middle East deal, tempering the mood in the run-up to crucial US inflation data. Technology shares led gains in Asian equities.
Rakuten’s Shares Plunge After Mobile Losses Fuel Investor FearsNew!!
Rakuten Group Inc.’s shares sank the most in over a year after the Japanese e-commerce pioneer failed to slash persisting losses at its mobile unit.
Yen Traders Use Options for ‘Flexibility’ Into US Inflation DataNew!!
Yen traders are ramping up options market activity ahead of key US inflation data, turning to derivatives for flexibility amid a lack of consensus on the currency’s direction.
Gold Advances as Traders Watch US Inflation for Rate-Hike CluesNew!!
Gold edged higher, as traders weighed prospects for a deal to reopen the Strait of Hormuz while awaiting US inflation data that could provide fresh clues on the Federal Reserve’s interest-rate path.