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Asia-Pacific Stocks Slump Again, South Korea Triggers Year’s Third Circuit Breaker Intraday
TradingKey - On March 9, Asia-Pacific stock markets slumped collectively. South Korea's market triggered circuit breakers again during intraday trading, while the Nikkei 225 Index plunged over 7%, falling more than 4,000 points. The Philippine Stock Exchange Index fell over 5% intraday, and both Indonesia's Jakarta Composite Index and Vietnam's Ho Chi Minh Index dropped by more than 4%.TradingKey
Mon, Mar 9
Trane Launches HSAG Air-Cooled Magnetic Bearing Chiller to Drive Asia Pacific Data Center Growth
SHANGHAI, March 9, 2026 /PRNewswire/ -- Trane® – by Trane Technologies (NYSE: TT), a global climate innovator, has announced the launch of the HSAG, a revolutionary air-cooled magnetic bearing centrifugal chiller. Engineered specifically to meet the critical cooling demands of the Asia Paci...PR Newswire
Mon, Mar 9
Jefferies cuts Ferrovial to 'hold' as re-rating tailwinds fade
Jefferies downgrades Spanish infrastructure operator Ferrovial FERF.AS to "hold" from "buy," citing limited upside and better opportunities elsewhere in the sectorTailwinds from NASDAQ 100 .NDX inclusion, safe haven status during U.S. tariff volatility and pricing surprises on key as...Reuters
Mon, Mar 9
Nikkei falls 5% as surge in oil prices fans economic slowdown fears
By Junko Fujita TOKYO, March 9 (Reuters) - Japan's Nikkei average dropped more than 5% to a one-month low on Monday amid a broad selloff, as a surge in oil prices fanned fears of inflation and an economic slowdown.The Nikkei .N225 fell 5.2% to 52,728.72, its lowest close since February 2, whi...Reuters
Mon, Mar 9
Leading AI Data Company Xunce (3317.HK) Surges Over 70%, Hits a Record High
On the morning of March 9, in the Hong Kong market, Leading AI Data company Xunce Technology (03317.HK) surged strongly intraday, with gains once exceeding 70%, touching an intraday high of HKD 130.3, hitting a record high since its listing; as of press time, the company’s stock price contiued to fluctuate at high levels, and trading volume also expanded significantly, market trading activity substantially increased.Behind this stock price abnormal movement, are the dual strong positive resonance of company's 2025 results exceeding expectations with explosive growth and its formal inclusion in Stock Connect. Superimposed with blue ocean dividend of AI real-time data track, this leading enterprise dubbed "China's version of Palantir" by the market, is entering a key window period of dual growth in performance and valuation.Results Exceeded Expectations Explosive Growth Second Half Revenue Surged by 448% Xunce Technology’s disclosed 2025 annual unaudited performance forecast shows that benefiting from the massive data processing demand catalyzed by the accelerated adoption of AI large models, the company recorded full-year 2025 revenue of 1.283 billion yuan, a substantial year-on-year increase of 102.95%, successfully surpassing the 1 billion yuan revenue threshold; after deducting one-time non-recurring items, the adjusted net loss narrowed to 55 million yuan, achieving a substantial year-on-year reduction in loss, with core operating indicators continuing to improve.The company’s results showed an extremely strong explosive growth trend, with its commercialization ability fully verified: in the first half 2025, the company achieved revenue 198 million yuan, and in the second half, revenue soared to 1.085 billion yuan, a substantial increase of 448%, highlighting the strong growth momentum of AI real-time data track, as well as the company's ability to adapt its products to core downstream demand.Formally Included in Stock Connect Triple Incremental Value SuperimposedAfter March 6, the Stock Connect constituent stock adjustment list was officially released, and Xunce Technology was successfully selected, with related adjustments becoming effective from March 9, which also became the direct catalyst for today's stock price surge. This inclusion in Stock Connect marks company’s formal opening of a two-way investment channel between the Chinese mainland and Hong Kong markets, fully entering the investment horizon of mainland institutional and individual investors.As a benchmark enterprise that has deeply cultivated the real-time data field for ten years, Xunce Technology has built a core technical barrier with millisecond-level data processing capability. Its core product, a unified real-time data platform, can achieve real-time collection, cleaning, governance and analysis of heterogeneous data, adapting to the core demand of AI large model training and enterprise digital transformation. Currently, the company has 11.6% market share in the asset management industry with the highest data complexity, firmly ranking first in industry; simultaneously, its business covers diversified fields, including financial services, city management, telecommunications. Its clients include the top ten domestic asset managers and three major state-owned telecom operators, establishing a solid business foundation.This inclusion in Stock Connect will bring triple core incremental value to the company:Liquidity will be significantly improved: the continuous inflow of incremental capital from the mainland, will optimize company’s equity structure and alleviate previous valuation pricing deviations; Brand influence will continuously expand: this helps the company acquire more benchmark clients in diversified industry expansion and accelerate breakthrough growth of non-asset management business; The valuation system is expected to be reshaped: the current company valuation compared to international peers like Palantir is still at a relatively low level, indicating significant room for a re-rating, with expectation to align with similar international enterprises.It is reported that the company has also been included in the Hang Seng Composite Index and other multiple core index constituent stocks.Industry Penetration Rate Still Below 4%, Blue Ocean Track is ExplodingThe China real-time data processing market is currently in blue ocean explosive period, providing broad space for Xunce Technology's long-term growth.With China's data asset on-balance sheet policy fully landing, enterprise data infrastructure investment demand continues to surge. According to Frost & Sullivan data, the 2024 mainland China real-time data infrastructure market size reached 18.7 billion yuan, and the industry compound growth rate from 2024-2029 is expected to reach 22%; while the current overall industry penetration rate is only 3.6%, among which asset management sub-track penetration rate is as low as 2.8%, growth space extremely broad.Superimposed with the massive data processing gap catalyzed by a 300x growth in daily AI application Token consumption, real-time data infrastructure as the core foundation for AI implementation, continues to highlight rigid demand. Xunce Technology, as a leading enterprise in industry track, will fully enjoy the industry’s growth dividend, and cross-industry expansion is expected to continue to achieve breakthroughs, further consolidating its market-leading position.09/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Mon, Mar 9
LIVE MARKETS-Better fill the car up, like right now
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BETTER FILL THE CAR UP, LIKE RIGHT NOWA look at the day ahead in European and global markets from Wayne Cole.OK, so this is shapin...Reuters
Mon, Mar 9
MIDEAST STOCKS-UAE stocks slide as oil soars on escalating Iran conflict
March 9 (Reuters) - The UAE stock markets tumbled in early Monday trading, extending losses as the U.S.-Israeli war with Iran widened, while oil prices jumped more than 25% on supply cuts and fears of prolonged Strait of Hormuz shipping disruptions.Brent crude LCoc1 soared 27% to $117.58 a barrel, t...Reuters
Mon, Mar 9
What Are the 2 Top Artificial Intelligence (AI) Stocks to Buy Right Now?
Key PointsThe first company investors should buy has operations in all areas of AI, putting it at the forefront of this technology. The founder and CEO of the second top AI business is spending generously to introduce personal superintelligence. These two “Magnificent Seven” stocks trade at reasona...The Motley Fool
Mon, Mar 9
MORNING BID EUROPE-Better fill the car up, like right now
March 9 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole.OK, so this is shaping up as a proper global energy shock, like the 1970's version. Though it is unique in being by choice, or at least the choice of one man.Brent cleared $100 at the open and never looked...Reuters
Mon, Mar 9
This $10 Stock Could Be Your Ticket to Millionaire Status
Key PointsJoby Aviation is developing an air taxi that could change how travelers navigate cities. It is working to secure an FAA certification to operate commercial flights. 10 stocks we like better than Joby Aviation › Start-ups with low stock prices can be attractive for their potential to delive...The Motley Fool
Mon, Mar 9
UK Stocks-Factors to watch on March 9
March 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down on Monday, with futuresFFIc1 down 1.36%.M&C SAATCHI: The CEO of British advertising group M&C Saatchi SAA.L Zaid Al-Qassab is to step down in the coming weeks after less than two years in the job, Sky News reported o...Reuters
Mon, Mar 9
The Trade Desk Is Reinventing Itself, but Will It Be Enough?
Key PointsThe Trade Desk is evolving from a high-growth challenger to a scaled platform company.Kokai has moved from experiment to foundation.The open-internet strategy remains powerful, but competition is intensifying.10 stocks we like better than The Trade Desk › The Trade Desk (NASDAQ: TTD) didn'...The Motley Fool
Mon, Mar 9
Indian paint stocks tumble as crude tops $100/bbl amid Iran war
Shares of Indian paint companies fall between 3% and 5% as prices of crude oil, a key raw material, surgeAsian Paints ASPN.NS down 4.6%, Berger Paints India BRGR.NS down 3.3%, Kansai Nerolac Paints KANE.NS trading 3.4% lower, while Akzo Nobel India AKZO.NS falls 2.7%ASPN, India's largest paintma...Reuters
Mon, Mar 9
China consumer inflation hits 3-yr high on holiday surge, producer deflation lingers
National holiday lifts consumer prices Producer deflation persists even as downturn eases slightlyEnergy shock stemming from Middle East war likely to have brief price impactPolicymakers vow to address supply-demand mismatch BEIJING, March 9 (Reuters) - China's consumer inflation accelerated ...Reuters
Mon, Mar 9
How This Popular ETF Went From Laggard to Top 1% in Its Category
Key PointsThe Schwab U.S. Dividend Equity ETF's (SCHD) strategy is built on targeting financially healthy, durable, dividend-paying, high-yield stocks.It's always had one of the best dividend strategies in the ETF marketplace, but that strategy was badly out of favor from 2023 to 2025.Now that the m...The Motley Fool
Mon, Mar 9
Better Artificial Intelligence (AI) Stock: CoreWeave vs. Nebius
Key PointsBoth of these companies consider Microsoft as a key client.Each business expects to double its revenue in 2026.10 stocks we like better than CoreWeave › Artificial intelligence (AI) investing is making some investors nervous due to the sheer amount of capital being used in building out com...The Motley Fool
Mon, Mar 9
US, Japan may partner with Japan Display for new US plant under investment package, sources say
By Makiko Yamazaki and Tamiyuki Kihara TOKYO, March 9 (Reuters) - Tokyo and Washington are looking at building a display factory in the U.S. in partnership with Japan Display 6740.T as part of Japan's planned $550 billion investment package, two sources with knowledge of the matter said on M...Reuters
Mon, Mar 9
Australia's copper miners fall as strong dollar hits metal
Shares of Australian copper miners tumble, tracking a decline in the price for the metalCopper prices fall around 2%, weighed down by a firmer U.S. dollar as oil prices surged nearly 25% MET/LSandfire Resources SFR.AX declines as much as 10.8% to A$15.24, its biggest intraday pct drop since late Oct...Reuters
Mon, Mar 9
