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People's Bank of China Governor Pan Gongsheng promoted yuan-denominated assets to investors at a closed-door Deutsche Bank event in Bangkok and outlined plans to expand the yuan's role in global markets.
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24H Trending
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The KOSPI plunged 7.57% to close at 5554.22 points, triggering circuit breakers. Foreign investors net sold $3.6 billion in a single day.
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TSMC's Q4 revenue guidance exceeded expectations by 6% to $53.3 billion, with a full-year growth forecast raised to 44%, and consideration for further expansion in the US.
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AI supply chain credit cracks spark market concerns, 10-year US Treasury yield falls to 5.09%, a three-week low.
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The KOSPI fell 7.57% on Thursday, closing at 5,554.22 points.
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The Office of the Comptroller of the Currency (OCC) investigation found that nine large banks restricted crypto accounts, but new rules will limit regulators from pressuring banks citing "reputational risk."
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Ukraine to resume strikes on Russian refineries after 'energy ceasefire' collapses
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Hyperliquid founder Yan seeks US regulatory clarity to shield its blockchain from direct exchange oversight.
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CoreWeave's default probability exceeds 60%, but NVIDIA CEO Jensen Huang states its financing costs are decreasing and NVIDIA is not required to backstop it.
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HKMA announces “ART” Framework to promote responsible A.I. adoption in banking sector
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South Korea's KOSPI and KOSDAQ stock markets both plummeted over 8%, triggering circuit breakers. The Financial Services Commission held an emergency meeting to discuss stabilization measures and prepare to activate contingency plans.
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