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Financing costs for global investors making leveraged bets on SK Hynix Inc.’s South Korean shares have halved in recent weeks, after the chipmaker’s US listing and a brutal selloff in stocks linked to artificial intelligence.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
The AUD/JPY cross attracts some sellers following the release of a dismal Australian jobs report, though it lacks follow-through and holds above the weekly low touched the previous day.
TOKYO: Oil prices steadied in early trade on Thursday as investors assessed the outlook for the US-Iran war and the security of shipping through the Strait of Hormuz.
The counter opens 7.3% or S$0.35 higher at S$4.42
BENGALURU: Gold hovered near its highest level in more than two months on Thursday after a surprise liquidity support announcement by the US Treasury pushed yields and the dollar lower.
Tempsens Instruments plans a ₹650 crore IPO to fund expansion and debt repayment. The company manufactures specialized temperature sensing and electrical heating solutions for global markets.
AUD/USD depreciates after registering over 0.5% gains in the previous day, trading around 0.7120 during the Asian hours on Thursday. The AUD/USD pair faces downward pressure as the Australian Dollar (AUD) slips in response to a weak domestic labor market report.
