Business
Foreign Investors Pull Billions From Asian Tech Stocks As AI Sell-Off Spreads
Foreign investors are sharply cutting exposure to Asian equities, particularly technology stocks, as a global sell-off in high-growth tech…
Tag
Selloff
Business
Asia shares falter as global tech sell-off spooks investors
Investors have been rotating out of technology giants and into cyclical stocks amid fears of AI disruptions to jobs Asian stocks faltered…
Business
Nvidia’s CEO dismisses fears AI will replace software tools as stock sell-off deepens
He says the worries are misguided, and that AI will rely on existing software rather than rebuild basic tools from scratch…
Business
Gold rebounds more than 3% after sharp sell-off
Gold rose more than 3 per cent on Tuesday (Feb 3), rebounding from a near one-month low hit in the previous session, as market…
Business
BYD leads Chinese automaker sell-off on weakening sales
The sell-off highlights rising investor concern that China’s carmakers face a prolonged slowdown Shares of BYD sank to their lowest level…
Business
Tech selloff drags Europe stocks lower as SAP’s results disappoint
PE’S benchmark share index gave up early gains to close lower on Thursday, weighed by a selloff in technology stocks as results from…
Business
Bitcoin dips back below US$90,000 as global selloff deepens
BITCOIN slid to its lowest level in more than a week, tracking a sharp selloff across global financial markets as investors continued to…
Business
Japan's Nikkei plunges by most in seven months on tech selloff
Japan’s Nikkei share average sank by the most in more than seven months on Tuesday (Nov 18), as investors sold off tech stocks following…
Business
US: Wall Street tumbles as tech selloff extends, rate cut hopes fade
Wall Street’s main indexes dipped on Friday (Nov 14), driven by a renewed sell-off in technology stocks, while hawkish commentary from…
Business
Asia: Markets bounce from selloff as US jobs beat forecasts
ASIAN markets rose on Thursday to claw back some of the previous day’s hefty losses as investors tracked a bounce on Wall Street sparked…
Business
Indonesian markets face sell-off after finance minister’s exit
The rupiah has already weakened more than 1% against the US dollar this year, the worst-performing currency in Asia after the Indian rupee…
Business
China bonds see renewed selloff after stock market rebound
Chinese government bonds declined in Friday (Sep 5) afternoon trading as an equity rebound extended and higher yields at a longer-dated…
Business
Asia: Markets rally as Chinese stocks selloff eases
ASIAN markets mostly gained on Friday after an intense selloff of Chinese equities stalled this week, with rumours the country’s financial…
Business
Europe: Shares close higher as bond selloff cools
EUROPEAN shares ended higher on Wednesday, stabilising as investors assessed fiscal challenges after a selloff in longer-dated bonds had…
Business
STI rises 0.1% despite US big tech sell-off
Across the broader market, gainers beat losers 277 to 256, with 1.48 billion securities worth S$1.49 billion changing hands Equities in…
Business
Options traders brace for Big Tech sell-off with ‘disaster’ puts
Options traders are increasingly nervous about a plunge in technology stocks in the coming weeks and are grabbing insurance to protect…
Business
European shares rebound after Friday’s selloff, Swiss stocks fall
EUROPEAN shares closed higher on Monday, rebounding from six-week lows as a surge in banking stocks offset a decline in Swiss shares…
Business
Europe: Shares rebound after Friday’s selloff, Swiss stocks fall
EUROPEAN shares closed higher on Monday, rebounding from six-week lows as a surge in banking stocks offset a decline in Swiss shares…
Business
US: Wall Street opens higher following Friday's dramatic selloff
Street’s main indexes opened higher on Monday (Aug 4) after a sharp pullback in the previous session, as markets priced in prospects of…
Business
Asia: Stocks bounce back after Treasury-led sell-off
Asian equities stabilised on Friday following the previous day’s US bond-fuelled sell-off with traders tracking a slight pullback in…
Business
S-Reits rebound from early April sell-off
Real estate investment trusts in Singapore (S-Reits) have rebounded strongly over the past two weeks, in line with the broader recovery in…
Business
Melania Trump-Backed Meme Coin Crashes 96%, Faces Insider Sell-Off Allegations
A cryptocurrency previously associated with USA's First Lady Melania Trump is now facing significant criticism. Its meme token, "Official…
Business
US: S&P 500 ends down 3.5% as stocks resume tariff sell-off
Wall Street stocks suffered another battering on Thursday, giving back a sizeable portion of the prior session’s gains as investors…
Business
Europe: Shares resume selloff as trade war escalates; healthcare slumps
EUROPEAN shares tumbled further on Wednesday as China more than doubled its tariffs on US imports, with healthcare stocks leading declines…