As it happened: Stocks slide despite tech and data boost; Oil falls after OPEC+ ups output July 6, 2026 Welcome back to the City AM liveblog. Markets are dealing with a double dose of pressures to start of the new week as investors brace for a crucial earnings season in the artificial sector, whilst an increase of supply on the oil market weighs on prices. Over in Asia, stock markets slipped following a week [...]
Nothing fails to file accounts months after dissolution threat July 1, 2026 Smartphone maker Nothing is still showing overdue accounts months after escaping compulsory dissolution, City AM can reveal, raising questions over the governance of one of Britain’s fastest-growing tech firms. The London-based consumer electronics maker narrowly avoided being struck off the UK company register earlier this year after Companies House launched compulsory strike-off proceedings over missed [...]
Interactive Brokers Expands Access to Korean Equities with Launch of Nextrade ATS June 30, 2026 IB SmartRouting℠ Routes Orders to the Best Available Price Between KRX and Nextrade
Apple eyes blacklisted Chinese supplier to ease chip shortage June 27, 2026 Apple has reportedly lobbied the Trump administration for permission to buy memory chips from a Chinese manufacturer blacklisted by the Pentagon, as the AI boom continues to squeeze global semiconductor supplies. The iPhone maker has approached US officials seeking reassurance over sourcing memory chips from ChangXin Memory Technologies (CXMT), according to the Financial Times, after [...]
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 [...]