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Asian shares mostly slip as latest fighting undermines the US-Iran ceasefire.
Asian shares mostly slip as latest fighting undermines the US-Iran ceasefire. Asian shares are mostly lower as renewed fighting threatens the U.S.-Iran ceasefire - Bookmark Asian shares mostly declined Tuesday as renewed fighting threatened the U.S.-Iran ceasefire. U.S. futures also fell.
Oil prices rise as Iran and Israel trade strikes in defiance of Trump
Oil prices rose on Monday morning as investors monitored the latest escalation in the Middle East. Crude oil prices climbed in early trade as Israel launched airstrikes on Monday targeting central and western Iran in response to missile fire. Iranian state television reported the sound of explosions being heard in Isfahan, Tabriz and Tehran, without immediately elaborating.
European markets open mixed as AI stocks sell-off hits Asia, South Korea drops 5%
European stock markets had a mixed opening, as shares fell in Asia, with South Korea's benchmark dropping more than 5%. This comes as US markets saw sharp declines in several major artificial intelligence-related stocks on Thursday. As the rally in AI stocks fades, investors were cautious at the open on Friday, with European markets opening to mixed sentiment following steep falls in Asian markets.
Tech sell-off deepens as oil prices rise on renewed Iran tensions
Global stock markets fell on Wednesday, extending a volatile week driven by concerns about rising inflation, potential U.S. interest rate hikes, and escalating tensions in the Middle East. Asian shares mostly retreated on Wednesday after a sell-off in technology stocks on Wall Street, while oil prices climbed following fresh US airstrikes against Iran. The US military launched attacks early on Wednesday after an Army helicopter crashed near the Strait of Hormuz, an incident President Donald...
$1.3 trillion erased from Wall Street: Here's what slowed down AI rally
US tech stocks came under heavy pressure on Friday, with semiconductor giants leading the decline as investors grew cautious about artificial intelligence-fuelled valuations and digested stronger-than-expected US jobs data. The sell-off was most severe in the chip sector, where the PHLX Semiconductor Index plunged 10.3%, marking its steepest single-day fall since March 2020. The decline followed losses a day earlier after Broadcom's quarterly earnings failed to meet the market's elevated...
Stock market crash today: Rs 5 lakh crore wealth gone! Top reasons for fall
Stock market crash today: Nifty50 and BSE Sensex crashed in opening trade on Monday, with benchmark indices extending losses as weak global cues, relentless foreign investor selling and rising geopolitical concerns dented market sentiment. The broad sell-off erased more than Rs 5 lakh crore from investor wealth, bringing the combined market capitalisation of BSE-listed companies down to around Rs 456 lakh crore.
Asia’s stock markets dive amid Iran-Israel conflict, Wall Street jitters
Asia’s stock markets dive amid Iran-Israel conflict, Wall Street jitters South Korea’s main index plunges nearly 9 percent, while stocks in Japan, Taiwan and Hong Kong also see sharp falls. Asia’s major stock markets have dropped sharply amid the resumption of conflict between Israel and Iran and growing expectations of interest rate hikes in the United States. South Korea’s stock market suffered the steepest losses amid a region-wide sell-off on Monday, as investors followed Wall Street’s...
Hormuz crisis side effect: a sharp rise in container shipping rates
Hormuz crisis side effect: a sharp rise in container shipping rates - SCFI global composite index has doubled since the war with Iran began and is at its highest point since September 2024, during the Red Sea crisis - Bunker fuel costs have jumped by almost 70% and container lines are successfully passing incremental costs along to shippers - Shanghai-Los Angeles spot rates are up 59% vs late February, with Shanghai-New York rates up 66%, according to Drewry assessments Spot container...
How 'Spider-Noir' captured the multiverse in True-Hue Full Color and Authentic Black & White (interview)
How 'Spider-Noir' captured the multiverse in True-Hue Full Color and Authentic Black & White (interview) "Spider-Noir," Prime Video’s new antidote to superhero fatigue arrived on May 27 and the spirited show is currently enjoying a wave of enthusiastic reviews from both critics and fans and is now registering an impressive 91% Rotten Tomatoes aggregate score. It stars Nicholas Cage as Ben Reilly, AKA The Spider, a Depression-era multiverse version of Spider-Man in New York City which was...
A first-in-class pulsatile FXR agonist for bile-acid-related liver diseases
Abstract Nuclear receptors are central regulators of metabolism1, yet therapeutic strategies that enforce continuous receptor activation frequently lead to reduced efficacy and unacceptable toxicity. Here we report a first-principles drug design strategy that aligns pharmacokinetics with physiological signalling cycles. We developed linafexor, a potent non-bile-acid agonist of the farnesoid X receptor (FXR)2; it is engineered for rapid systemic clearance, which enables pulsatile receptor...