US yields edge lower as Iran hopes persist
WASHINGTON: U.S. Treasury yields on Wednesday morning edged lower amid continued hopes that Washington and Tehran were moving toward an agreement after nearly three months of war.
SK Hynix joins US$1 trillion club after Samsung, Micron on AI chip boom
SEOUL: SK Hynix topped $1 trillion in market value for the first time on Wednesday, joining its memory chip rivals Samsung Electronics and Micron Technology in reaching the milestone on an AI-driven rally.
Japan's Nikkei hits record high as chip-related shares jump
TOKYO: Japan's Nikkei share average rose to a record high on Wednesday, as gains in index heavyweight chip-related equities outweighed losses in financials and other value shares.
Asian shares climb, oil holds gains as markets eye Iran talks, central bank moves
ASIAN shares rose while oil prices remained elevated on Wednesday as markets looked for signals that a shaky truce between the United States and Iran will be extended.
South Korea's KOSPI hits record as SK Hynix joins $1 trillion club after Samsung, Micron
SEOUL: South Korea's benchmark KOSPI stock index hit an all-time high on Wednesday as SK Hynix joined its memory chip rivals Samsung Electronics and Micron Technology in the $1 trillion market capitalisation club on an AI-driven rally.
S&P 500, Nasdaq hit record closing highs on AI optimism, Micron joins US$1 trillion club
NEW YORK: The S&P 500 and Nasdaq hit record closing highs on Tuesday, as AI-fueled optimism offset anxiety over Middle East peace talks - concerns that were compounded by recent U.S. strikes on Iran.
Crackdown on offshore brokers triggers exodus
Chinese investors are rushing to find alternative ways to buy and sell overseas equities after Beijing launched its most forceful crackdown on illicit cross-border stock trading to stem capital outflows.
FBM KLCI falls below 1,700 as cautious sentiment persists amid earnings season
KUALA LUMPUR: The FBM KLCI slipped below the 1,700 psychological level on Tuesday, remaining under pressure ahead of Wednesday's market holiday for Aidiladha.
Asia EM rally fizzles as fresh US strikes on Iran fade peace hopes
A relief rally in Asian emerging markets sputtered on Tuesday as fresh U.S. strikes on Iran lifted oil prices and rekindled doubts over a swift peace deal.
FBM KLCI slips further, focus turns to bank earnings
KUALA LUMPUR: The FBM KLCI is extending its decline amid a lack of clarity in the Middle East situation, even as the domestic corporate earnings period enters its closing days.
