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HK stocks slips as regional retreat from tech deepens

Asian markets were mostly lower on Thursday with tech firms back under pressure after a four-day rebound amid lingering AI worries. In Hong Kong, the benchmark Hang Seng Index ended lower by 385 points, or 1.5 percent, at 25,530 on turnover of HK$255.23 billion The tech index dropped 112 points, or 2.3 percent, to 4,820 while the China enterprises index fell 105 points, or 1.2 percent, to 8,498.…

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Uniper Profits Surge as Germany Prepares to Sell Energy Giant

Uniper on Tuesday reported more than doubled adjusted net income for the first half of 2026 from a year earlier as Germany has launched a sales process to privatize the energy giant it bailed out…

  • Uniper's adjusted net income more than doubled to $448 million in H1 2026.
  • CEO Michael Lewis attributes growth to strong gas business performance.
  • Germany prepares to sell 99% stake in Uniper amid energy transformation.