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US equipment curbs expected to weigh more on Samsung, SK Hynix than TSMC

The United States has revoked Taiwan Semiconductor Manufacturing Co.’s authorization to freely ship essential equipment to its main Chinese facility, tightening restrictions…
Stock

Oil prices slip amid reports of further OPEC+ production hikes

Oil prices plunged 2% on Wednesday after reports claimed that OPEC+ may consider further oil output hikes in the coming months.  The…
Stock

Are electric vehicles (EVs) losing their spark?

The electric vehicle revolution promised unstoppable growth and sky-high profits. Tesla once led with its futuristic tech and cult-like following. BYD, China’s…
Stock

Commodities wrap: gold tops $3,600/oz as crude slips ahead of OPEC meeting

Oil prices slumped on Tuesday even as gold reached new heights, triggered by expectations of rate cuts by the US Federal Reserve. …
Stock

Bank of America lifts price targets on Google and Apple following antitrust ruling

Bank of America has grown more optimistic on technology giants Alphabet and Apple after a US court ruling spared Google from a…
Stock

Fentanyl use in US workplaces rises, study finds: report

More American workers are testing positive for fentanyl in randomised workplace drug screenings, a report by The Wall Street Journal said, which…
Stock

Nio posts record Q2 deliveries, but losses persist as analysts urge caution

Nio Inc. posted some solid earnings in the second quarter in fiscal year 2025, with vehicle sales and revenue soaring well, in…
Stock

Klarna returns to market with $14B IPO: is the Fintech giant ready to bounce back?

Klarna Group Plc and its shareholders are making another push into the public markets, aiming to raise up to $1.27 billion with…
Stock

Dow futures tank 300 points today: 5 things to know before Wall Street opens

Dow futures slipped about 300 points on Tuesday as investors pulled back ahead of key US economic reports this week, including the…
Stock

China EV sales jump in August as BYD, Nio, Xpeng hit records

China’s electric vehicle (EV) sector recorded a strong rebound in August as sales recovered from a mid-year slump, as per a CNBC…
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