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Stock Market Today: Chip Stocks Plunge on AI Funding Worries
The stock market today is firmly in the red as a global rout in chip stocks deepens. Nvidia, AMD and Dell are leading the declines, with selling spreading from the United States across Asia as investors question whether the money behind the artificial-intelligence buildout will keep flowing. It is the kind of session that reminds…
Australia’s $1 Trillion Debt Bill Surges as Bond Yields Jump to 5.3%
Australia’s $1 trillion debt burden is becoming more expensive as bond yields surge. Treasurer warns billions in extra interest costs will strain the federal budget and pressure taxpayers.
US Trade Deficit Hits $88.6B in July as AI Chip Imports Surge
US trade deficit reached $88.6 billion in July 2026, up 24% from June. AI-driven demand for semiconductors and computers pushed imports to record highs while exports fell 2.1%.
KOSPI Rebounds 0.97% as Leveraged ETF Outflows Ease Chip Volatility
KOSPI climbs 0.97% to 6,808 as Samsung and SK Hynix gain on chip strength and lower oil prices. Leveraged ETF outflows of nearly $1 billion signal cooling AI investment fervor in South Korea.
AI Investment Gets Boost as South Korea Plans New Fund From Chip Boom
South Korea is looking to turn its semiconductor boom into a new source of AI investments. On August 21, 2026, the government announced plans for a Future Response Fund that would use excess tax revenue from the chip industry to support AI and other future technologies. Local media estimates put the potential size of the…
Asian Stocks Slump as KOSPI Plunges 5.42%, SK Hynix Crashes 9.2% and Samsung Falls 7.6% in Chip Selloff
Asian stocks came under heavy selling pressure on August 19, 2026, as a sharp decline in technology shares spread across regional markets. South Korea’s KOSPI plunged more than 5%, dragged down by steep falls in SK Hynix and Samsung Electronics. The selloff followed weakness in US AI and semiconductor stocks. Rising bond yields and higher…
DayOne Secures S$530M Green Loan for Singapore’s First Hydrogen Data Centre
DayOne secures S$530 million green loan from DBS, OCBC, and UOB for Singapore’s first hydrogen-powered data centre. The 20MW facility will test solid oxide fuel cell technology and achieve BCA Green Mark Platinum certification.
Adani Shares Surge 34% in 2026 as Flagship Stock Eyes Nifty 50’s Top Gainer Crown
Adani shares have jumped 34% so far in 2026, making Adani Enterprises the top performer on the Nifty 50 Index. The flagship stock last held that spot at the end of 2022, right before the Hindenburg Research report hit in January 2023. This rally marks a full turnaround for Asia’s richest man, Gautam Adani, and…
Deutsche Telekom (ETR: DTE) Acquires Fiberhost and Inea for €1 Billion, Adding 300,000 Customers in Poland
Deutsche Telekom confirmed Monday, August 17, 2026, that it will acquire Poland’s Fiberhost and Inea for €1 billion. The deal, worth roughly $1.16 billion, transforms T-Mobile Polska into a fully converged telecom provider. Deutsche Telekom is buying both companies from Macquarie Asset Management. The transaction still requires customary Polish competition approval before closing. Deutsche Telekom’s…