English News
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Asia chip shares slide as Samsung earnings fail to calm AI valuation fears
Asian semiconductor shares slid on Tuesday as Samsung Electronics’ blockbuster quarterly earnings failed to convince investors that soaring AI-driven profits…
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Oil prices edge higher as Hormuz risks offset Saudi price cuts, OPEC+ supply boost
Oil prices rose on Tuesday as renewed security concerns in the Strait of Hormuz outweighed expectations of stronger global crude…
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Wall Street banks explore payments network deal to bypass fee caps: WSJ
Some of the largest U.S. banks have explored acquiring a debit payments network that could help them sidestep federal caps…
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Samsung Q2 profit seen surging to record high on AI-fueled windfall; shares fall
Samsung Electronics (KS:005930) on Tuesday forecast a record-high second-quarter profit, as the memory chip maker reaped a major windfall from outsized…
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Asia FX steady as traders weigh fragile Iran ceasefire, busy data week
Asian currencies traded in narrow ranges on Monday as investors weighed a fragile easing in tensions between the U.S. and…
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Apple seeks approval to buy China’s CXMT chips- reports
Apple Inc (NASDAQ:AAPL) is lobbying the Trump administration for permission to source memory chips from blacklisted Chinese supplier ChangXin Memory Technologies…
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J.P. Morgan raises European equity targets on earnings growth
J.P. Morgan in a note dated Monday raised its December 2026 targets for European equity indexes, citing accelerating earnings growth…
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Memory chip makers reap AI windfall as prices surge, WSJ reports
Memory chip makers are capturing an increasing share of profits from the artificial intelligence boom as soaring demand for high-bandwidth…
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Bitcoin holds above $60,000 as ETF outflows, Fed outlook weigh on sentiment
Bitcoin traded back above the $60,000 mark on Sunday after briefly falling below the key level earlier in the weekend, as…
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BofA says investors should stay long USD into Q3
Bank of America remains bullish on the U.S. dollar into the third quarter, citing resilient U.S. economic growth, expectations for…
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Nasdaq slumps more than 4.5% for the week as high-flying tech stocks bleed
Wall Street ended slightly lower on Friday, driving home a mostly steep decline for the week on the back of…
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U.S. launches strikes on Iranian military sites after attack on cargo ship
The U.S. Central Command (CENTCOM) said on Friday that it carried out strikes against Iranian military targets on Friday in…
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