Economy

Economy
Economy

WTI and Brent oil prices tick up on Hyperliquid as Iran closes the Strait of Hormuz

West Texas Intermediate (WTI) and Brent crude oil benchmarks rose slightly on Hyperliquid as tensions between the US and Iran escalated. WTI rose to $73, with its 24-hour volume and open interest rising to $113 million and $222 million, respectively. Brent rose to $78, with a trading volume of $63 million.  Iran closes Strait of

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Economy

Top catalysts for South Korea’s Kospi Index this week

The Kospi Index is stuck in a local bear market after falling 21% from its year-to-date high. It ended the week at 7,475, down sharply from the year-to-date high of 9,387. This article highlights some of the top catalysts for South Korean stocks this week. Kospi Index chart | Source: TradingView Kospi Index to react

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Economy

Is SK Hynix stock a better pick to play AI memory market than Micron?

South Korean semiconductor giant SK Hynix made history on Wall Street, listing on Nasdaq today via American Depositary Receipts (ADRs) under the ticker SKHY. The firm’s US initial public offering (IPO) priced at $149 was more than 7x oversubscribed – and raised a total of about $26.5 billion. This made it the largest-ever US listing

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Economy

Dow rises as S&P 500 nears record, SK Hynix debut boosts AI chip stocks

US stocks ended higher on Friday, with the S&P 500 closing just shy of a record high as enthusiasm around artificial intelligence and semiconductor stocks offset concerns over renewed tensions in the Middle East. Investors also turned their attention to the start of the second-quarter earnings season next week, when major US banks will begin

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Economy

Samsung, SK Hynix are changing fortunes of Koreans, but also widening inequality

South Korea’s dominance in artificial intelligence memory chips is no longer just driving stock market gains. The country’s semiconductor boom is now reshaping its economy, consumer spending, labour market and even its dating culture, creating a new generation of wealthy technology workers while raising fresh concerns over widening inequality. Fueled by soaring demand for high-bandwidth

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Economy

US stocks and the economy seem to moving in opposite directions: here’s why

The US financial landscape is featuring a striking paradox in 2026. Wall Street is sprinting, with major indices flirting with record highs and extending a “multi-year” winning streak. Yet, step outside the trading floors, and Main Street tells a far more muted story. The broader US economy is expanding at a tepid pace, weighed down

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Economy

Why retail investors are ditching broader index bets for selective trades

Retail investors, long considered one of the strongest pillars supporting the US stock market since the pandemic, are becoming increasingly selective as market leadership shifts rapidly and alternative investment opportunities gain traction. Recent data suggest individual investors are rotating between themes rather than making broad-based bets on the stock market. At the same time, a

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Economy

Gold dips as escalating US-Iran conflict fuels inflation concerns

Gold prices edged lower on Friday and were on track to post a weekly decline as escalating tensions between the United States and Iran heightened inflation concerns and reinforced expectations that the Federal Reserve could maintain a hawkish monetary policy stance. Spot gold slipped 0.1% to $4,115.79 per ounce by 0601 GMT. The precious metal

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Economy

easyJet share price in focus as Apollo tables richer bid to outflank Castlelake

easyJet share price will be in the spotlight today as a new bid from a giant American private equity company emerged. The stock ended Thursday at 588p, a few points below the weekly high of 621p. Apollo Global Management has placed a bid for easyJet easyJet, one of the top discount airlines in Europe, is

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Economy

Silver rises above $60 as weaker US dollar boosts demand

Silver prices advanced during European trading on Friday as continued weakness in the US dollar and easing oil prices supported demand for the precious metal. Meanwhile, gold prices edged lower and remained on track for a weekly decline as escalating tensions between the United States and Iran reinforced expectations that the Federal Reserve could maintain

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