Apple memory chip warning causes fresh Asia tech sell-off June 26, 2026 Markets across Asia fell sharply during Friday trading after US tech giant Apple blamed memory chip shortages on its decision to hike product prices. South Korea’s blue-chip Kospi suffered the biggest losses, forcing the stock exchange to trigger a 20 minute trading halt for the third time this week. It also marked the fifth trading [...]
Oracle slashes 21,000 jobs amid AI embrace as tech sell-off rocks Asia June 23, 2026 Software giant Oracle axed around 21,000 roles in the last year as the US tech giant turbocharged its AI adoption plans – even as markets continue to question the rapid acceleration of the tech boom. The computing firm – which is listed on the New York Stock Exchange – said in its annual report the [...]
Asian stocks reach record highs on tech euphoria and US-Iran peace deal June 15, 2026 Stocks across Asia surged during Monday trading, as market euphoria from SpaceX’s IPO on Friday combined with relief over the US-Iran peace deal sent investors back into the stock market, pushing indexes to record highs. Tokyo’s Nikkei 225 rocketed over five per cent in the first 90 minutes of trading, surpassing the 69,000 mark to [...]
Asian markets sink again as tech sell-off reignites on Wall Street June 10, 2026 Asian markets have plunged into the red during Wednesday trading, as the widespread tech sell-off reignited once more on Wall Street. Chipmakers and companies tied to the AI investment boom dragged US stocks down on Tuesday, as last week’s tech jitters came back to plague the market just days before SpaceX’s anticipated listing. The Nasdaq [...]
Does trouble lie ahead for South Korea’s star tech stocks? June 8, 2026 Over the past 18 months, South Korea’s main stock market has burst back onto the global investment scene, led by a staggering recovery for the Kospi index. The country’s blue chip index had been plagued by the impeachment of President Yoon Suk Yeol and companies trading at significantly lower valuations compared to emerging market peers [...]
Nvidia chief brushes off tech sell-off as a buying opportunity June 8, 2026 Nvidia chief executive Jensen Huang brushed off a significant market wobble stoked by growing concerns surrounding AI, hailing the widespread sell-off as a buying opportunity for investors in a technology which is just “beginning”. Huang’s intervention came as Asian markets tumbled during Monday trading, following the Nasdaq’s 4.2 per cent plunge on Friday – its [...]
Samsung employees bag £310k bonuses as chip boom sends payouts soaring May 28, 2026 Samsung’s AI-fuelled chip boom has delivered eye-watering payouts for thousands of staff, after workers at the South Korean giant voted through a profit-sharing deal worth hundreds of thousands of pounds each. Employees in Samsung’s memory chip division are set to receive bonuses averaging roughly £310,000, mostly in stock, as soaring demand for AI data centre [...]
Inside the radical festival uniting the left and right May 27, 2026 How The Light Gets In – the philosophy festival which returns to London this September – is the best of the 2026 festivals, and offers an unrivalled opportunity for human connection ★★★★★ Picture the scene: Jeremy Corbyn and Reform UK’s head of policy are kicking back together in a field in Wales. Admittedly, they aren’t [...]
Small cap tech firm quits LSE to cut costs in latest market blow May 27, 2026 Small-cap semiconductor firm Nanoco Group is quitting the London Stock Exchange in a bid to save £700,000 a year, in the latest setback for Britain’s struggling public markets. The Manchester-based tech business said the annual costs of maintaining its listing had become too burdensome for a company of its size, as it blamed weak liquidity [...]
Samsung workers threaten strike over AI profits as market value hits $1 trillion May 7, 2026 Samsung Electronics is facing the threat of a major worker walkout, after unions demanded a bigger share of the company’s AI-fuelled semiconductor profits. Two Samsung unions are pushing for a seven per cent pay rise and a bonus scheme worth 15 per cent of each division’s operating profits, with workers threatening an 18-day strike later [...]