Tech
Europe: Tech, financials steer Stoxx 600 to record high; rate verdict awaited
EUROPE’S main equity index hit an all-time high on Wednesday, boosted by tech and financial shares, while investors took stock of Federal Reserve Chair Jerome Powell’s Congressional testimony a...
Asia: Stocks drop after global markets fall on tech sell-off
ASIAN shares mostly slumped on Wednesday (Mar 6) after global markets fell as traders locked in profits following recent tech-driven rallies. Gold prices and bitcoin hit all-time highs Tuesday...
US: Wall Street stocks tumble as major tech names slide
MAJOR United States indices ended on Tuesday (Mar 5) in a slump, as key tech names lost ground and traders looked ahead to remarks by the central bank chair...
Europe: Shares slip after China reforms underwhelm; tech leads losses
EUROPE’S main index dipped on Tuesday (Mar 5), as mining shares weakened with metal prices on a lack of substantial stimulus from top consumer China, while investors awaited this...
Sell-offs show tech players’ pursuit of profitability not enough to win over investors
IT HAS been 17 months since Sea became the first big regional tech player to lay out plans for profitability.The US-listed company in September 2022 pledged to achieve positive...
China to step up quantum computing, AI efforts as it aims for tech self-sufficiency
CHINA will formulate development plans for emerging industries including quantum computing and will continue striving towards achieving self-sufficiency in technology, according to a government work report. It will also...
Japan’s Nikkei closes at record high as tech heavyweights surge
JAPAN’S Nikkei share average soared to all-time peaks and closed 2 per cent higher on Friday (Mar 1), as tech-related stocks tracked record-high closings among their US peers after...
Europe: Stoxx 600 rises on miners, tech support; German shares at record high
EUROPE’S benchmark stock index inched up on Tuesday, with Germany’s DAX hitting a record high, while investors awaited this week’s inflation data that could shed some light on when...
