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Finance & Markets

Herzog to Choose Between Eisenkot, Netanyahu on Sunday

Israel’s President Isaac Herzog says he will decide Sunday whether Benjamin Netanyahu or election challenger Gadi Eisenkot will get the first chance to form a governing coalition. Eisenkot has secured recommendations from 67 members of the 120-seat Knesset, compared with 46 for Netanyahu. Bloomberg’s Jerusalem reporter Dan Williams reports. (Source: Bloomberg)

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HK stocks slip as tech rout spreads to Asian markets

Mainland and Hong Kong stocks fell on Friday as a Nasdaq-led tech rout rippled across Asia and fuelled fears the AI boom is losing steam, although bargain hunting helped pare losses in markets across…

  • Hong Kong and Mainland Chinese stocks fell 1.3% as tech decline spreads across Asia
  • Hang Seng Index closed 315 points lower at 24,481 after 8.6% weekly rise
  • Tech index dropped 76 points, registering strongest weekly gain since February

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