South Korean Stocks Soar as AI Shares Rebound
Business & Markets • 2 months ago
The Kospi index surged over 16% on Friday, driven by a strong performance in chipmaking and AI-related stocks, mirroring gains on Wall Street.
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South Korean Stocks Rally Amid Regulatory Efforts to Curb Volatility
Business & Markets • 2 months ago
The Kospi is on track for its largest daily gain as authorities implement measures targeting leveraged ETFs.
Anthony Hamilton Sells Classic Car Collection for Nearly $2.9 Million
Business & Markets • 2 months ago
Lewis Hamilton's father, Anthony, achieved significant results at auction with 27 vehicles from his personal collection.
South Korean Shares Rebound After Steep Sell-Off
Business & Markets • 2 months ago
The Kospi index saw significant gains, driven by chipmakers SK Hynix and Samsung Electronics, following a three-day rout fueled by concerns over AI investments.
China's Factory Activity Contracts for First Time in Five Months
Business & Markets • 2 months ago
The official manufacturing PMI fell to 49.2 in July, signaling a contraction and raising concerns about the momentum of the world's second-largest economy.
AI Hedge Fund Reports 67% July Loss Amid Stock Rout
Business & Markets • 2 months ago
Situational Awareness Fund informed investors it sold most holdings to Citadel after significant downturn.
Scott Cam Undergoes Knee Replacement Surgery Ahead of 'The Block' Premiere
Business & Markets • 2 months ago
The TV veteran shared details of his recovery, and also weighed in on Australia's housing crisis.
South Korean Stocks Lead Asian Rally Amid AI Optimism
Business & Markets • 2 months ago
Technology and chip sectors drive gains as investor sentiment brightens.
Sydney Bar Julius to Close After Just 18 Months Amid Financial Challenges
Business & Markets • 2 months ago
The popular all-day bar and restaurant cited financial performance and potential customer confusion over its identity as reasons for its upcoming closure at the end of August.