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Asia pulls back from peaks even as U.S.’s Dow holds firm at record high

Asia pulls back from peaks even as U.S.’s Dow holds firm at record high

Global markets were mixed as Asia retreated from record highs while the Dow Jones held its all-time peak above 47,000.
CXMT plans $5.6 billion IPO as China pushes for semiconductor self-sufficiency

CXMT plans $5.6 billion IPO as China pushes for semiconductor self-sufficiency

ChangXin Memory Technologies (CXMT) is on its way to a 300 billion yuan ($42.12 billion) valuation if it successfully lists on Shanghai’s STAR mark...
CXMT plans $42B Shanghai IPO as China ramps up chip ambitions: report

CXMT plans $42B Shanghai IPO as China ramps up chip ambitions: report

Chinese memory chipmaker ChangXin Memory Technologies (CXMT) is preparing for an initial public offering in Shanghai as early as the first quarter ...
Japan stocks surge on historic appointment of Sanae Takaichi as first female PM

Japan stocks surge on historic appointment of Sanae Takaichi as first female PM

Sanae Takaichi became Japan’s first female Prime Minister after winning 237 votes in the Lower House.
Traders shore up protection against stock volatility ahead of Trump-Xi meeting

Traders shore up protection against stock volatility ahead of Trump-Xi meeting

Wall Street investors are snapping up insurance against wild price swings as an upcoming meeting between American and Chinese leaders approaches at...
China confident on growth goals despite economy’s weak performance

China confident on growth goals despite economy’s weak performance

China reported its slowest economic growth in a year but insisted it remains on course to meet its annual targets, helped by strong export numbers ...
Asian stocks mostly higher: Hang Seng surges over 2%, Nikkei climbs 3%

Asian stocks mostly higher: Hang Seng surges over 2%, Nikkei climbs 3%

Asian stock markets traded mostly higher on Monday, buoyed by broadly positive cues from Wall Street and renewed optimism over a possible easing of...
Asian stocks sink as global banking woes trigger market volatility

Asian stocks sink as global banking woes trigger market volatility

Asian stocks are moody on Friday, dragged lower by fears surrounding U.S. regional banks and the growing uncertainty spreading across global markets.
Gold hit a record $4,200 per ounce for the first time

Gold hit a record $4,200 per ounce for the first time

Gold tore through $4,200 for the first time ever on Wednesday, rewriting market history and fueling global chatter from New York to Hong Kong, acco...
Wall Street’s mixed finish drags global markets lower

Wall Street’s mixed finish drags global markets lower

Global markets fell on Tuesday despite Wall Street’s rebound, with Dow futures up only slightly and European and Asian indexes sliding.