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FXI News30 articles
Wall Street Suffers Steep Losses as Fed Holds Rates Steady
U.S. stocks dropped sharply Wednesday after the Fed held rates steady and oil prices surged, with the Dow losing over 1,150 points as AI hardware stocks led declines.
Indian Market Attracts Investors as Valuations Correct
Investors are returning to the Indian market as valuations adjust, driven by domestic gains and improved high-frequency indicators.
Global Tech Sell-Off Deepens as AI Jitters and Chip Rout Shake Markets
US futures fell sharply on Tuesday as a sell-off in chip stocks and growing AI concerns weighed on sentiment. Nvidia dropped 5%, losing $250 billion in value, while the KOSPI tumbled 10.8%.
Rheinmetall Shares Rise 1.4% on Aschau Powder Output Expansion
Rheinmetall shares advanced 1.4% after announcing a 147% increase in powder production at its Aschau facility. China enacted immediate dual-use export restrictions.
ASX 200 Gains as Commodity Stocks Rally; Wall Street Futures Up
The ASX 200 advanced as gold, copper, and uranium stocks rallied. Wall Street futures gained as traders assessed earnings and inflation risks.
Aviva's 6% Yield and Strategic Growth Drive UK Market Focus
Aviva offers a 6% dividend yield with rising payouts, while Middle East tensions boost energy stocks and gold prices. U.S. futures edge up ahead of tech earnings.
SK hynix ADR Premium Narrows to 22% as Conversion Test Looms
SK hynix's US-listed shares now trade at a 22% premium over Seoul, down from 38% two sessions ago, as the market eyes the upcoming conversion process.
Defense Boom Propels Saab to Record Q2 Profit; Tariff and Energy Jitters Weigh on US Futures
Saab's Q2 profit soared 41% to 2.79B SEK, beating estimates, as defense orders surged 141% amid European rearmament. US futures slipped on tariff and energy cost concerns.
FTSE 100 Slips Despite Strong UK GDP; Takeover Bids for Rotork, Gooch & Housego
FTSE 100 drops 52 points to 10,464 despite UK GDP rising 0.8% in three months. Rotork, Gooch & Housego, and Ramsdens agree to takeover bids.
Tianwen-2 Nails Asteroid Navigation, Boosts China Space Stocks by $29.3B
Tianwen-2's optical navigation slashes asteroid position error to ~1 km, lifting three Shanghai-listed space stocks by a combined 29.3 billion yuan on Friday.
China's Reusable Rocket Milestone Fuels $3.3 Billion Rally in Satellite Stocks
Shares of China Spacesat and China Satellite Communications hit daily limits after China's first rocket stage recovery, adding $3.3 billion in combined market value.
EQR, DLR, OCBC in Focus as Key Market Themes Emerge
Equity Residential (EQR) sits 4% below analyst target ahead of its Q2 report, while Digital Realty Trust (DLR) drops 4.48% after a $2.28B equity sale. OCBC trades near full value despite strong returns, and coffee prices tumble on margin hikes.
China's Tianwen-2 Probe Captures Asteroid Kamo'oalewa, Origin Debate Heats Up
China's Tianwen-2 probe has imaged asteroid Kamo'oalewa from 20 km away, raising questions about whether it's lunar debris or a weathered asteroid.
Dow Edges Lower as Caterpillar, Honeywell Offset Defensive Gains
The Dow slipped 0.11% as Caterpillar and Honeywell weighed, but defensive sectors helped cap losses. Chip stocks led a broader decline.
NIO Stock Dips 3.6% as Q2 Deliveries Miss Forecast, All Eyes on ES8 Launch
NIO stock dropped 3.62% to $4.79 after Q2 deliveries of 107,658 missed the company's forecast. June deliveries hit a record 40,597, but ONVO brand slipped. All eyes are on the upcoming ES8 launch on July 9.
Wall Street Rallies Amid Trump Boom, Inflation Fears Resurface
Dow, S&P 500, and Nasdaq post double-digit gains for 2026, but 'Trumpflation' risks mount as oil spikes 70%. TCS earnings and AI sector divergence also in focus.
Nasdaq Leads Late-Day Rally as Market Breadth Expands Amid AI Spending Scrutiny
U.S. stocks closed higher Tuesday with the Nasdaq climbing 1.54%, as market breadth improved and AI spending faces tighter valuation scrutiny.
Oil Glut Fears Ease as Strait Traffic Jumps; Airlines Surge
A surge in tanker flows at the Strait of Hormuz pushes Brent crude toward a temporary glut, boosting US airline stocks. Markets also react to PMI data and Fed policy cues.
Dow Edges Up as Tech Drags S&P 500 and Nasdaq Lower
The Dow Jones Industrial Average gained 0.34% as tech stocks declined, dragging the S&P 500 and Nasdaq lower. Attention turns to Micron's earnings after the bell, with AI spending and inflation data in focus.
Tech Selloff Drags US Futures Lower; South Korea's KOSPI Plunges 10%
US stock futures fell sharply Tuesday as a tech selloff erased optimism over US-Iran talks. South Korea's KOSPI plunged nearly 10% on regulatory ETF warnings.
G7 Leaders Debate AI Model Access Amid OpenAI's $1T IPO Plan and Rising China Competition
G7 leaders debate AI model access as OpenAI files for a $1T IPO. Anthropic restricts models, China boosts local AI, and cybersecurity deals surge.
Asian Markets Surge on US-Iran Strait of Hormuz Deal, Oil Plunges
Asian markets surged Monday on a preliminary US-Iran deal to reopen the Strait of Hormuz, sending oil prices down 5% and easing inflation concerns. The Nikkei 225 hit a record close, while the Kospi jumped 5.2%.
Asian Markets Rally on Oil Plunge, Central Bank Decisions Ahead
Asian equities opened higher on a sharp drop in oil prices following a US-Iran agreement, but caution remains ahead of BOJ and Fed policy decisions.
Tesla Shares Rally on China Sales Rebound, Robotaxi Progress in Focus
Tesla shares rallied on a strong rebound in China retail sales, but the stock faces a test as U.S. inflation data and the small size of its robotaxi fleet loom.
Oil Surge, Global Selloff Drive Indian Markets Down 1%
Indian stock markets dropped about 1% on Monday as Brent crude climbed above $97 after Israel struck an Iranian plant, triggering fears over energy supply and inflation.
Goldman Sachs Tumbles 4.9% on Rate-Hike Fears Ahead of SpaceX IPO
Goldman Sachs dropped 4.9% Friday after a hot jobs report fueled rate-hike fears, pressuring its lead role in the SpaceX IPO. Market focus shifts to May CPI data.
EchoStar shares slide ahead of pivotal week with SpaceX IPO, spectrum deal in focus
EchoStar shares fell 6.7% Friday, closing at $116.28, as traders assess the SpaceX IPO, AT&T spectrum deal, and a missed interest payment with a 30-day grace period.
Oil Surges as Iran Talks Collapse, Strait of Hormuz Threat Returns
Brent crude surged 6.6% to $97.14 as Iran suspended indirect talks with the US, reviving fears of a Strait of Hormuz blockade and supply disruptions.
Asia Markets Mixed as AI Rally Boosts Japan and Taiwan, India Slips
Asian markets closed mixed on Friday, with Japan's Nikkei surging 2.53% on AI optimism, while India's Sensex fell 1.44% amid inflation concerns. Taiwan raised its 2026 GDP forecast to 9.64%.
Wall Street Futures Slide as Iran Tensions Rattle Markets
U.S. stock futures declined Thursday as escalating U.S.-Iran tensions lifted oil prices, pulling Wall Street from record highs ahead of key PCE inflation data.