rout
Asia: Markets plunge with Wall Street after Nvidia rout, weak US data
TECH firms led a plunge across Asian markets on Wednesday after a rout on Wall Street fuelled by a collapse in chip titan Nvidia and disappointing data on US...
Nvidia suffers record US$279 billion rout as AI worry sinks stocks
FOUR weeks after US stocks buckled amid a global flight from risk assets, chipmakers touched off another bout of equities selling when a pair of industry analysts rekindled worries...
China’s two richest people lose billions in consumer stock rout
RECORD-breaking stock sell-offs in two of China’s biggest consumer companies erased more than US$16 billion from the fortunes of the nation’s richest people, underscoring deepening investor concern over the...
In a rout no one’s safe, ESG-compliant or not
IF COMPANIES with strong environmental, social and governance (ESG) performance cannot protect you from a stock market rout, what good are they?Leading ESG indices have mostly tracked their vanilla...
Traders hope Alphabet’s pixel event can stem US$360 billion rout
Alphabet Inc investors are anxiously awaiting a Google hardware event on Tuesday (Aug 13) – banking on new AI features to help stop a selloff that’s wiped out more...
Stocks rebound from rout as Fed faces calls to cut rates early
MOST equities rallied on Tuesday (Aug 6) after the previous day’s global rout fuelled by US recession fears that have led to calls for the Federal Reserve to cut...
Wall Street strives to rebound, Tokyo soars after rout
WALL Street stocks sought to rebound on Tuesday (Aug 6) following a global rout fuelled by US recession fears, but European equities failed to hold onto early gains.
Tokyo’s Nikkei,...
London’s FTSE falls after US recession fears spark global rout
THE UK’s main stock indexes kicked off the week on a downbeat note, led by losses in utilities as fears of US recession mounted after weak economic data sparked...
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