South Korea’s stock market has become one of the biggest beneficiaries of the global artificial intelligence boom, powered by surging demand for semiconductors from technology giants such as SK Hynix and Samsung Electronics. Yet even as the country’s benchmark Kospi index has outperformed every other major equity market over the past year, the South Korean
Oil prices in May experienced extreme volatility as uncertainty about the US-Iran ceasefire kept the market on edge. Even as Brent crude prices had climbed more than $110 per barrel earlier this month, the benchmark contract could not sustain the high levels for long. Crude futures cooled in May as hopes for a US–Iran deal
The UK’s domestically focused FTSE 250 index moved toward a second consecutive weekly gain on Friday, supported by a sharp rise in Ocado shares following a new agreement with supermarket group Asda and reports suggesting progress in efforts to extend a ceasefire between the United States and Iran. The blue-chip FTSE 100 index rose 0.3%
Wall Street opened higher on Friday as investors weighed reports of a possible agreement between the United States and Iran alongside continued optimism surrounding artificial intelligence-driven earnings growth. The Dow Jones Industrial Average rose about 169 points, or 0.33%, while the S&P 500 and Nasdaq Composite gained 0.24% and 0.29%, respectively. The cautious gains followed
A Danish pension fund that previously attracted attention for selling US Treasuries and exiting Tesla has said it will not invest in SpaceX, citing concerns over both valuation and corporate governance. AkademikerPension, which manages approximately $25 billion in assets, said the company is grossly overvalued and suffers from what it described as significant governance shortcomings.
DxSale, a long-running token launch and liquidity locking platform widely used during the early BNB Chain memecoin boom, has suffered a major exploit that drained an estimated $7.3 million in liquidity provider (LP) funds. The incident affected more than 1,400 liquidity pools, according to on-chain tracking shared after the incident. The pools were spread across
Sui faced a sharp technical disruption on May 28, 2026, when the network stopped producing blocks for nearly six hours. The incident came shortly after a protocol upgrade, with reports pointing to a bug in the Sui 1.72 release that triggered a validator consensus failure. During the outage, transaction processing across the blockchain came to
BYD unveiled new service packages on Thursday aimed at accelerating adoption of its “God’s Eye” assisted-driving platform as the company intensifies its push into autonomous driving amid slowing domestic demand and mounting competitive pressure. Chairman Wang Chuanfu said the automaker’s long-term goal is to achieve “zero traffic accidents” through intelligent driving technology. As part of
Wall Street and currency markets remained cautious on Thursday after revised government data showed the US economy expanded more slowly than previously estimated during the first quarter of 2026. The US Commerce Department said gross domestic product (GDP) grew at an annualized rate of 1.6% in the January-to-March period, down from the earlier estimate of
Wall Street traded mixed on Thursday as investors weighed softer-than-expected monthly inflation data against escalating geopolitical tensions between the United States and Iran, which pushed oil prices sharply higher. The Dow Jones Industrial Average fell 194 points, or 0.37%, while the S&P 500 and Nasdaq Composite fell 0.14% and 0.24%, respectively. Markets initially found some