
South Korea’s KOSPI Soars as Samsung, SK Hynix Rebound on Microsoft-Fueled AI Rally
Jul 31, 2026 02:41 am UTC| Economy
South Koreas benchmark KOSPI index surged more than 16% on Friday, staging a powerful recovery after one of its sharpest weekly selloffs, as technology heavyweight stocks Samsung Electronics and SK Hynix rallied alongside...

China PMI Falls Into Contraction as Manufacturing, Services Weaken in July
Jul 31, 2026 02:36 am UTC| Economy
Chinas economic recovery lost momentum in July as both manufacturing and services activity unexpectedly slipped into contraction, highlighting persistent weakness in domestic demand despite resilient exports. Official data...

US Stock Futures Rise as Amazon Earnings Boost AI Optimism Despite Apple Selloff
Jul 31, 2026 02:32 am UTC| Economy
U.S. stock index futures moved higher late Thursday after strong quarterly results from Amazon and Microsoft renewed investor confidence in artificial intelligence, although gains were capped by a sharp decline in Apple...

BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook
Jul 30, 2026 05:05 am UTC| Central Banks Economy
The Bank of Japan (BOJ) is widely expected to keep its benchmark interest rate unchanged at 1% when it concludes its two-day policy meeting on July 31, despite persistent inflation and continued weakness in the Japanese...

Asian Stocks Slip as Fed Holds Rates, Samsung Earnings Fail to Lift AI Sentiment
Jul 30, 2026 04:51 am UTC| Economy
Most Asian stock markets declined on Thursday as investor concerns over artificial intelligence (AI) spending continued to pressure technology shares, overshadowing strong earnings from Samsung Electronics and upbeat...

Asian Currencies Hold Steady After Fed Decision as Dollar Finds Support
Jul 30, 2026 04:49 am UTC| Economy
Asian currencies traded in narrow ranges on Thursday as investors assessed the U.S. Federal Reserves decision to keep interest rates unchanged while Fed Chair Kevin Warsh reinforced the central banks commitment to bringing...

Oil Prices Ease After Sharp Rally as Trump Warns of More Action Against Iran
Jul 30, 2026 01:11 am UTC| Economy
Oil prices slipped slightly during Asian trading on Thursday after posting their biggest gains in weeks, as investors locked in profits while monitoring escalating geopolitical tensions in the Middle East and tightening...