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Finance

Asian stocks including KOSPI slide as AI doubts hit chipmakers

Asian stocks fall sharply on Tuesday as mounting skepticism over the massive financial returns on artificial intelligence spending triggered a widespread sell-off across global semiconductor shares. The tech-driven down…

Finance

Trump urges Fed rate cuts as Gulf War ends, seen lowering prices

On Monday, late in the North American session, US President Donald Trump stated that there was a good inflation report recently, adding that costs were falling rapidly and that prices should drop significantly once the …

Finance

Singapore Dollar: MAS signals inflation concern – Commerzbank

Commerzbank’s Charlie Lay notes Monetary Authority of Singapore (MAS) unexpectedly tightened policy for a second meeting, slightly increasing the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) slope and s…

Finance

Euro flat after losing early gains on Monday

EUR/USD trades lower near the 1.1370 area on Monday, surrendering earlier gains as investors remain cautious ahead of key Eurozone growth figures and the Federal Reserve’s (Fed) monetary policy decision.

Finance

Gold rises toward $4,070 as falling US yields support Bullion

Gold price registers gains of 0.58% as Washington pauses attacks on Tehran, while US President Donald Trump opened the door for a resumption in negotiations. This, along with falling US Treasury yields, is a tailwind fo…

Finance

British Pound tumbles as risk-off mood boosts the US Dollar

The Pound Sterling retreats by 0.13% even though the Greenback is flat during the day. Risk appetite shifted sour on news that a Chinese state-backed company is producing chipmaking machines, prompting a sell-off in ASM…

Finance

New Zealand Dollar holds after weak US durable goods data

NZD/USD trades near the 0.5790 area on Monday, struggling to extend its recovery despite modest weakness in the US Dollar (USD). The New Zealand Dollar (NZD) receives some support from the sharp decline in oil prices, a…

Finance

Germany: Recovery potential versus energy drag – Commerzbank

Commerzbank’s Dr. Jörg Krämer argues that high energy prices will continue to weigh on the German economy in the second half of 2026, limiting full-year growth to 0.6%. He notes that the strong Ifo business climate read…

Finance

LatAm FX: Carry appeal faces Fed test – BNY

Geoff Yu at BNY sees Latin American (LatAm) assets benefiting again from improved terms of trade for energy and soft commodity exporters, with strong real-rate anchors supporting currencies and duration. However, he war…

Finance

Singapore Dollar: MAS signals inflation concern – Commerzbank

Commerzbank’s Charlie Lay notes Monetary Authority of Singapore (MAS) unexpectedly tightened policy for a second meeting, slightly increasing the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) slope and s…

Finance

Bank of England: Higher bar seen for rate hikes - ING

ING’s James Smith expects the Bank of England to keep rates on hold on 30 July and sees a prolonged pause extending through 2026. New forecasts are likely to show UK inflation peaking near 3%, below the 4% level seen as…

Finance

Legend Biotech stock falls as CEO Ying Huang steps down

Legend Biotech (NASDAQ: LEGN) announced that Ying Huang, Ph.D., has stepped down as Chief Executive Officer and as a member of the Board of Directors, effective July 24, 2026. Dr. Huang will remain as an advisor through…