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Iran crisis could disrupt supply of key chipmaking materials, South Korea warns
South Korea sources helium, bromine from Middle EastEnergy cost spike may raise chip prices, industry fearsAI data centre plans in Middle East could face setbacksBy Heejin Kim and Hyunjoo Jin SEOUL, March 5 (Reuters) - The U.S.-Israel war with Iran could disrupt supplies of key semiconductor manu...Reuters
8 minutes ago
Hang Seng and Hang Seng Tech Index Turn Lower Intraday, Rose Over 1.5% in Morning, May Have Entered Technical Bear Market
TradingKey - Major Hong Kong stock indices fluctuated during Thursday’s Asian trading session. The Hang Seng Index and the Hang Seng Tech Index rose by more than 1.5% in early trading before gains quickly evaporated and turned into losses, signaling that market sentiment remains highly unstable.TradingKey
43 minutes ago
Crypto Under Siege? Trump Says Banks Are Trying To Kill It
Coinbase’s chief publicly accused big banks of trying to choke off parts of a law meant to clear the rules for stablecoins and other crypto products. Brian Armstrong said banks were pushing terms that would make the law less useful to crypto firms, a charge that has widened into a political spat thaBitcoinist
an hour ago
Gold gains on safe-haven demand as Middle East conflict widens
U.S. submarine sinks Iranian warship near Sri LankaWeekly U.S. jobless claims data due later in the dayGold prices to remain volatile due to uncertainty, analyst saysBy Noel John March 5 (Reuters) - Gold prices climbed on Thursday as a widening conflict involving the U.S., Israel and Iran drove iReuters
an hour ago
Alibaba forms task force to boost AI development after Qwen chief's exit
BEIJING, March 5 (Reuters) - Alibaba Group Holding Ltd 9988.HK said on Thursday it would set up a new task force to accelerate foundation model development, following the resignation of its Qwen AI division head Lin Junyang.Reuters
an hour ago
WTI holds gains near $75.00 as supply disruptions persist on Middle East war
West Texas Intermediate (WTI) Oil price remains stronger for the third successive session, trading around $74.80 per barrel during the Asian hours on Thursday. Crude Oil prices climb as supply disruptions persist amid ongoing Middle East war.
Fxstreet
6 hours ago
JGB yields climb as investors assess inflation risks from Iran war
TOKYO, March 5 (Reuters) - Japanese government bond (JGB) yields rose on Thursday as investors assessed the potential risk of a pickup in inflation and the outlook for interest rate hikes after the widening Middle East conflict pushed oil prices sharply higher.Reuters
6 hours ago
Japan and South Korea Stocks Rally Strongly: South Korea Kospi Surges Over 12%, Nikkei 225 Jumps 4%
TradingKey - On March 5, stock markets in Tokyo and Seoul opened higher and continued to rise, staging a strong rebound. The Nikkei 225 Index opened up 1.8%, with intraday gains expanding to nearly 4%. The KOSPI in Seoul opened with a 3.1% gain, which subsequently expanded further to 12%.TradingKey
6 hours ago
Today’s Market Recap: U.S. Markets Rally on Strong Jobs Data and Crypto Gains Amid Geopolitical Volatility
U.S. stocks rallied as strong February private-sector employment and a surge in crypto equities offset geopolitical tensions. While the Senate upheld President Trump’s military mandate in Iran, markets were bolstered by stabilizing oil prices and robust service sector data. However, South Korea’s KO
WTI oil prices rise as Iran conflict widens
TOKYO, March 5 (Reuters) - U.S. West Texas Intermediate crude CLc1 oil prices rose $1.38, or 1.85%, to $76.04 per barrel in early trade on Thursday, as the U.S.–Iran war widened after a U.S. submarine sank an Iranian warship off Sri Lanka.Reuters
7 hours ago
Anthropic shakes off Pentagon beef as annual revenue surges past astonishing $19 billion
AI giant Anthropic disclosed on Wednesday that its annual revenue has surpassed $19 billion, which is more than double where its run rate sat late last year ($9 billion) as the company continues its middle finger act to the US Department of Defense. According to Anthropic, the surge came from heavieCryptopolitan
7 hours ago
