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Australian Shares Set to Rise as Oil Prices Plunge 4.2%; Worley (ASX: WOR) Lifts FY26 EBITA Impact Forecast to AU$60M
📅 in about 5 hours

Australian Shares Set to Rise as Oil Prices Plunge 4.2%; Worley (ASX: WOR) Lifts FY26 EBITA Impact Forecast to AU$60M

Australian Shares are expected to open higher as a sharp decline in oil prices improves investor sentiment across the market. Lower crude prices have eased concerns about energy-driven inflation and supply disruptions linked to the Strait of Hormuz. At the same time, engineering giant Worley (ASX: WOR) has updated investors on the expected earnings impact…

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South Korea Semiconductor (Micron) Rally Lifts SK Hynix 11.6% and Samsung Electronics 6.2% Higher
📅 in about 4 hours

South Korea Semiconductor (Micron) Rally Lifts SK Hynix 11.6% and Samsung Electronics 6.2% Higher

The South Korean stock market witnessed a powerful semiconductor rally after Micron Technology reported stronger-than-expected earnings and issued an upbeat outlook for artificial intelligence memory chips. The positive update reignited confidence across the global semiconductor sector, pushing major South Korean chipmakers sharply higher. Investors responded to signs of sustained AI demand, tighter memory chip supply,…

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SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom
📅 12 hours ago

SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom

On June 24, 2026, SK Hynix announced plans for a massive $29.4 billion Nasdaq listing, marking one of the biggest overseas fundraising efforts by a South Korean company. The move comes as demand for AI-focused memory chips continues to soar worldwide.  As a leading supplier of high-bandwidth memory (HBM) used in advanced AI systems, SK…

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Rheinmetall (ETR: RHM) Falls 15% After Germany Scraps F126 Frigate Program; TKMS Jumps
📅 12 hours ago

Rheinmetall (ETR: RHM) Falls 15% After Germany Scraps F126 Frigate Program; TKMS Jumps

Rheinmetall shares came under strong pressure after Germany made a surprise decision to cancel the F126 frigate program. The move triggered a sharp reaction across European defense stocks, with investors reassessing future naval contracts and long-term order visibility. The cancellation also shifted attention toward rival shipbuilder TKMS, which saw a strong upside in trading. The…

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Liontrust (LON: LIO) Rises 12% After Outflows Narrow to £276M in Current Quarter 
📅 12 hours ago

Liontrust (LON: LIO) Rises 12% After Outflows Narrow to £276M in Current Quarter 

Liontrust shares surged about 12% in late June 2026 after the UK asset manager reported quarterly net outflows of £276 million, a sharp improvement from previous periods. The update gave investors fresh confidence that the company’s long struggle with client withdrawals may be starting to ease. While outflows have not disappeared, the trend is moving…

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Sensex Surges 791 Points to 76,991 as Nifty Reclaims 24,000
📅 12 hours ago

Sensex Surges 791 Points to 76,991 as Nifty Reclaims 24,000

Indian stock markets staged a strong comeback as Sensex surged 791 points to close at 76,991, while the Nifty 50 gained 197 points to settle at 24,021, reclaiming the crucial 24,000 level. The rally was driven by strong buying in banking and IT stocks, easing crude oil prices, improved global sentiment, and renewed optimism around…

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Crypto Prices Today: Bitcoin Near $62,557, ETH Below $1,800 After Nasdaq Rout
📅 12 hours ago

Crypto Prices Today: Bitcoin Near $62,557, ETH Below $1,800 After Nasdaq Rout

Crypto markets extended their decline on June 24 as investors reduced exposure to risk assets following a sharp selloff in technology stocks. Bitcoin traded near $62,557, while Ethereum remained below the key $1,800 level, reflecting broader weakness across digital assets. The latest drop came as the Nasdaq suffered one of its biggest declines in weeks,…

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FTSE 100 Swings Higher by 0.09% as DAX Falls 0.65% on Tech Rout
📅 13 hours ago

FTSE 100 Swings Higher by 0.09% as DAX Falls 0.65% on Tech Rout

European markets delivered a mixed performance on Wednesday as investors balanced a sharp global technology selloff against easing geopolitical concerns in the Middle East. The FTSE 100 managed to stay in positive territory, while Germany’s DAX came under pressure from weakness in technology and semiconductor stocks. Market participants also monitored political developments in the UK…

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ByteDance in Talks with Banks for $20B Offshore Loan, Bloomberg Reports Major Funding Move
📅 13 hours ago

ByteDance in Talks with Banks for $20B Offshore Loan, Bloomberg Reports Major Funding Move

ByteDance, the parent company of TikTok, is reportedly exploring one of the biggest funding deals in the global technology sector this year. The Chinese tech giant is in early discussions with lenders for a $20 billion offshore loan, a move that could significantly strengthen its financial position as competition in artificial intelligence intensifies. The development…

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