Stay Updated with the Latest KraneShares CSI China Internet ETF KWEB News in Real Time
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Volkswagen CEO Plans To Cut 100,000 Jobs In Major Overhaul
Volkswagen is preparing for one of the biggest restructuring plans in its history. Reports suggest CEO Oliver Blume wants to reduce the global workforce by as many as 100,000 employees over the next few years while lowering investment spending and reshaping the group’s business. The reported plan comes as the German automaker faces slower demand…
Bitcoin Price Today: BTC Holds at $59,900 as Inflation Worries Persist
Bitcoin (BTC-USD) is clinging to the $59,900 level on June 26, 2026, following one of its sharpest single-day drops this year. Bitcoin fell to $58,000 on June 25, its weakest level since September 2024, after hotter US inflation data dented expectations for Federal Reserve rate cuts. US PCE rose 4.1% year-on-year in May, with core…
S&P 500, Dow Futures Rise Despite Big Tech Losses and Hot Inflation; AAPL, MSFT, BABA in Focus
U.S. stock market futures edged higher on June 27, 2026, even as major technology stocks faced renewed selling pressure and fresh inflation data came in hotter-than-expected. The surprising market resilience has shifted investors’ attention to whether the broader rally can continue despite concerns over interest rates. At the center of the action are Apple (AAPL),…
Asian Stocks Fall as Apple-Led Tech Selloff Hits Seoul and Tokyo
Global equity markets ended the week on a weaker note as Asian Stocks slipped after a sharp decline in major US technology shares. Investor sentiment turned cautious after Apple announced price increases for several products, raising concerns about inflation, consumer demand, and technology sector valuations. The selling pressure spread quickly across Japan and South Korea,…
Asian FX Recovers as Dollar Index Slips 0.1% to 101.48, Rupee Gains 0.4%
Asian currencies moved higher on Thursday after the US dollar paused following a strong rally. The softer greenback helped improve sentiment across emerging markets, while investors remained cautious ahead of the latest US inflation data. The Indian rupee emerged as one of the strongest performers in the region, gaining 0.4%, while several other Asian currencies…
Crypto Prices Today: Bitcoin Stays Near $61,487, Dogecoin Drops 3.8%
Bitcoin continued to trade near $61,487 in the latest crypto prices in market session, showing resilience even as several major digital assets faced pressure. Dogecoin, however, slipped 3.8%, making it one of the notable decliners among top cryptocurrencies. As of June 2026, investors remain focused on market sentiment, institutional demand, and broader economic signals that…
Trip.com (HK:9961) Shares Fall 10.6% to HK$31.60 as Q1 Profit Drops to ¥2.5B
Trip.com Group (HK: 9961 | NASDAQ: TCOM) had a rough start to June 25, 2026. The Hong Kong-listed stock dropped 10.6% to HK$31.60, reaching its lowest level since August 2024. The selloff came after the company reported a sharp decline in first-quarter profit and issued significantly weaker-than-expected Q2 revenue guidance. Revenue growth wasn’t enough to…
SK Hynix Targets $29.4B U.S. Listing as AI Chip Demand Fuels Investor Interest
SK Hynix is moving closer to a major milestone in the global semiconductor industry. On June 24, 2026, the South Korean memory-chip giant announced plans for a U.S. listing that could raise up to $29.4 billion. The move comes as demand for AI chips continues to surge worldwide, driven by rapid investment in data centers…
Micron Technology (NASDAQ: MU) Stock Surges 15.78% After Hours Despite Flat Regular Session
Micron Technology (NASDAQ: MU) made headlines on June 24–25, 2026, with one of the most powerful post-earnings moves in semiconductor history. The company posted fiscal Q3 2026 revenue of $41.46 billion against a Wall Street consensus of $35.69 billion, a 16.2% beat, and EPS of $25.11 versus the $20.49 estimate, a 22.6% upside surprise. The…