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 as concerns about the exploding costs of…
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Selloff
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 [BENGALURU/SINGAPORE] Nvidia chief executive officer…
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 in at least a year on Monday (Feb 2),…
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 Germany’s SAP and US-based Microsoft…
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 de-risk amid ongoing geopolitical tensions. The…
US stocks: Wall Street ends lower amid global selloff on Trump Greenland tariff threats
ALL three major Wall Street indexes closed lower on Tuesday, joining other global stock markets in a broad selloff triggered by concerns that fresh tariff threats from President Donald…
US stocks: Wall Street posts biggest daily drop in three months, Trump Greenland tariff threat triggers wide selloff
— three major Wall Street indexes ended Tuesday with their biggest one-day drops in three months, in a broad selloff triggered by concerns…
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 Wall Street’s sharp decline overnight. The index…
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 Federal Reserve officials added to doubts about an…
Wall Street regains footing as banks recover from sell-off
The U.S. stock market seems to be steadying on Friday, as banks recover some of their sharp losses from the day before. The S&P 500 slipped 0.2% in midday trading. The Dow Jones Industrial…
STI slips 0.8% amid regional sell-off after Trump’s latest tariff escalation
Property developer UOL is the STI’s top gainer, rising 2.4% or S$0.19 to S$8.15 Shares on the Singapore bourse closed lower on Monday (Oct 13), tracking regional losses as investors…
US dollar mixed as yen sell-off wanes, euro hit by French politics
THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, while the euro was dented by political uncertainty. The yen reached its weakest…
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 Indonesian markets are set for a fresh bout of…
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 auction disappointed some investors. Futures on…
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 regulators could intervene to slow the dumping.…
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 sparked risk-off sentiment in the previous session.…
STI rises 0.1% despite US big tech sell-off
Equities in Singapore rose slightly on Wednesday (Aug 20), as the market reacted to a sell-off among US big tech names such as Nvidia and Oracle, which fell 3.5 per cent and 5.8 per cent,…
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 themselves from a wipeout. The tech-heavy Nasdaq 100…
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 deeper rate cuts by the Federal Reserve…
US: Wall St sell-off sparked by Trump tariffs, Amazon results, weak payrolls
Wall Street’s main indexes declined sharply on Friday (Aug 1) as new US tariffs on dozens of trading partners and Amazon’s unimpressive earnings weighed on sentiment, while a weaker…
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 Treasury yields as Donald Trump’s signature tax-cutting…
Asia: Equities track Wall Street sell-off as US deficit fears grow
Asian equities sank and Treasuries remained under pressure following sharp losses on Wall Street fuelled by US economy fears as Donald Trump tries to push through fresh tax cuts that could…
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 the Singapore market following the sell-off in…
US: Wall Street opens higher after selloff
Wall Street’s main indexes jumped at the open on Tuesday (Apr 22), as investors turned their focus to corporate earnings after President Donald Trump’s mounting criticism of…