Faster global financial news!
U.S. inflation reignites rate hike expectations, causing Asian stock markets to plummet across the board on Thursday. South Korea's KOSPI index fell over 6%, triggering circuit breakers, while the Nikkei 225 index dropped over 3%.
Global tech stocks were hit by an unexpected rise in US September CPI data, coupled with concerns over an AI valuation bubble. On Thursday, Asia-Pacific markets opened broadly lower, with South Korea's KOSPI index plummeting over 6% at the open, triggering the exchange's circuit breaker mechanism and halting program selling; SK Hynix plunged over 9%. Japan's Nikkei 225 index once fell more than 3% during intraday trading, and SoftBank Group dropped 7.62%.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Morocco's phosphate giant OCP SA seeks foreign investors as war-induced supply disruptions hit profits
-
2
Hex founder Richard Heart arrested in Istanbul on Interpol Red Notice.
-
3
China's A-share gaming sector surged on October 14, with FunPlus hitting a 20% daily limit. This was driven by an elevated policy positioning, stabilizing game license approvals, and the accelerating implementation of AI-driven cost reductions.
-
4
BofA Securities expects Credo Technology (CRDO)'s optical business to exceed $600 million in total scale by FY27, with its FY28 6.4T scale-up NPO products seeing increased volume. The market may be underestimating its scale-up optical opportunities.
-
5
GlobalFoundries plans two new chip fabs with up to $21 billion funding
-
6
Binance Will Add 4 bStocks Tokenized Securities as Collateral Asset
-
7
JPMorgan and Other Major Banks Cut Off MAGA Sellers and Democrat Groups
-
8
AI app ArtCraft launches free alternatives to Adobe and Microsoft software, challenging Big Tech's economic model
-
9
L2 Capital to Tokenize $500M Pre-IPO AI Shares with Newton
-
10
The S&P 500 Banks Index fell to its lowest level in over four months, down 1.3% on the day.
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
