The Hang Seng Index dropped and moved below a crucial support level on Thursday as Chinese technology stocks plunged. It retreated to a low of H$23,988, its lowest level since July 2025. It has moved into a technical correction after falling by over 14% from its highest point this year. Hang Seng Index slumps as
Asian stocks fell on Thursday, reversing an early attempt at gains, as hotter US inflation data and a fresh escalation in the Iran conflict pushed investors back into defensive positions and drove oil prices higher. The mood across regional markets weakened after Wall Street suffered a sharp selloff overnight, with traders reassessing the outlook for
Gold prices recovered on Thursday after briefly sliding to their lowest level in six months, as traders covered bearish positions and waited for fresh US inflation data that could shape expectations for the Federal Reserve’s next move. Spot gold rose 0.4% to $4,089.12 an ounce by 0215 GMT, after earlier touching $4,022.09, its weakest level
Baidu stock price has slumped hard in the past few months as its advertising business has come under intense pressure. It retreated to H$112.3 in Hong Kong, reaching its lowest point since April 14. It has dropped by 30% from its year-to-date high and formed a risky head-and-shoulders pattern, pointing to further downside. Baidu stock
Silver recovered on Thursday after sliding to an 11-week low, as safe-haven demand and industrial buying helped the metal regain ground even as investors remained cautious over rising Middle East tensions and the US interest-rate outlook. Silver price, or XAG/USD, traded around $64.00 per troy ounce during Asian hours, recovering from an intraday low of
XRP has remained under pressure as network activity and investor profitability have dropped sharply from the levels seen during its 2025 rally. Data from Glassnode shows a steep decline in activity across the XRP Ledger, raising questions about whether the token can hold above current levels as traders increasingly focus on support zones below $1.
Oil prices have risen steadily in 2026, yet investment in the sector is failing to keep pace. Analysts say companies are prioritising financial discipline and energy security over aggressive expansion, even as Brent trades near $100 per barrel. The International Energy Agency and BMI both highlight cautious spending trends, underscoring a disconnect between market prices
Audiera’s BEAT token has surged more than 476% in the last seven days and over 72% in the past 24 hours, pushing its market capitalization to roughly $2.2 billion as traders pile into one of the crypto market’s strongest rallies as of late. According to CoinGecko data, BEAT climbed from around $5.44 on June 10
The dominant narrative surrounding Indian equities this year has been one of missed opportunity. India has been largely bypassed by the AI investment boom, with foreign investors pulling nearly $26.4 billion from local equities so far in 2026. The pace of withdrawals puts the country on track to surpass the record $18.9 billion divestment seen
The United States has become the world’s largest oil exporter, surpassing traditional heavyweights Saudi Arabia and Russia, a dramatic shift accelerated by the ongoing US-Iran war and years of shale-driven production growth. This milestone marks a profound reversal for a country that once suffered greatly from the 1973 Arab oil embargo, imposed in retaliation for