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South Korean Shares Soar on Chip Industry Optimism
BusinessBBCbloombergFT+13cnbcberlingskele-figaroSCMPNHK Worldrzeczpospolitamarketwatchjapan-times+5 more12h ago16 sources

South Korean Shares Soar on Chip Industry Optimism

South Korean stock markets experienced a significant surge, with the Kospi index jumping a record 18%, driven by renewed investor optimism in the chip industry. This rally follows a period of decline and signals a potential bottoming out for the market.

Multiple Companies Update and Upgrade FY2026 Financial Outlooks
BusinessYahoochannel-news-asiaseeking-alpha14h ago3 sources

Multiple Companies Update and Upgrade FY2026 Financial Outlooks

Several companies, including Holcim AG, Umicore, Siemens Healthineers, NatWest, FMC, BigBear.ai, Pembina Pipeline, Reddit, Exponent, GoDaddy, SPS Commerce, and HNI, have released their latest financial results and updated or upgraded their outlooks for fiscal year 2026. These updates include revised EPS, revenue, and cash flow forecasts, with some companies also highlighting AI-related growth and synergy targets.

Serbia's GDP Grows 3.6% in Second Quarter
Businessn1-serbiadanas1h ago2 sources

Serbia's GDP Grows 3.6% in Second Quarter

Serbia's real Gross Domestic Product (GDP) increased by 3.6 percent in the second quarter of the year, according to a flash estimate from the national statistics office. This indicates continued economic growth for the country.

Insights on AI from US Big Tech Earnings
BusinessBBCbloomberg11h ago2 sources

Insights on AI from US Big Tech Earnings

Recent US Big Tech earnings reports have provided key insights into the role and impact of artificial intelligence within the technology sector. Analysts are examining these reports to understand AI's current trends and future implications.

Japanese Companies Report Earnings and Outlook Updates
Businessseeking-alpha2h ago

Japanese Companies Report Earnings and Outlook Updates

Sumitomo Mitsui Financial reported GAAP EPS of ¥131.59 and revenue of ¥2.85B, while Murata Manufacturing announced GAAP EPS of ¥44.70 and revenue of ¥502.26B, updating its FY 2027 outlook. Sumitomo also reported GAAP EPS of ¥39.92 and revenue of ¥1949.36B, reaffirming its FY 2027 outlook.

Georgia's GDP Grows by 8.6% in June 2026
Businesscivil-ge5h ago

Georgia's GDP Grows by 8.6% in June 2026

Georgia's real gross domestic product (GDP) saw an 8.6% year-on-year increase in June 2026, according to rapid estimates from the National Statistics Office. The average real GDP growth for January-June reached 7.9%.

Businessbloomberg6h ago

Tokyo Court Rules Shidax Tender Offer Undervalued Firm

The Tokyo District Court has ruled that hospitality company Shidax Corp.'s 2023 tender offer to go private undervalued its shares. This decision marks a rare instance in Japan where legal authorities resolve financial disputes between companies.

Serbia Reports Increase in Tourism and Retail Sales for June
Businessn1-serbiadanas1h ago2 sources

Serbia Reports Increase in Tourism and Retail Sales for June

Serbia saw a 1.7% increase in tourist numbers in June compared to the previous year, with a rise in both domestic and foreign visitors, predominantly from Russia and Turkey. This growth in tourism coincided with an overall increase in retail sales for the same month.

Financeseeking-alpha2h ago

TXNM Energy and Lear Report Strong Quarterly Earnings

TXNM Energy reported non-GAAP EPS of $0.58, beating estimates, with revenue of $548.5M. Lear also exceeded expectations with non-GAAP EPS of $4.28 and revenue of $6.2B, indicating strong financial performance for both companies.

Former Nike Executive Shares Layoff Recovery Story
BusinessBusiness Insider3h ago

Former Nike Executive Shares Layoff Recovery Story

A former Nike executive, laid off after 20 years, shares the three key actions that helped him secure a new executive role within months. His story highlights resilience and strategic career management post-layoff.

Hong Kong's Economy Grows 4.3% in Q2 2026
BusinessSCMP4h ago

Hong Kong's Economy Grows 4.3% in Q2 2026

Hong Kong's economy expanded by 4.3 percent year-on-year in the second quarter of 2026, driven by strong external trade and resilient domestic demand, with expectations for continued solid growth.

Apple Shares Decline Amid Supply Snags and Outlook Concerns
Businesscnbcchannel-news-asia4h ago2 sources

Apple Shares Decline Amid Supply Snags and Outlook Concerns

Apple's stock experienced a significant drop as supply chain issues clouded its financial outlook, raising concerns about iPhone demand. This decline occurred as investors shifted focus to AI winners following recent earnings reports.

Wildfires Threaten Boreal Forests and Homes
EnvironmentThe Guardian2h ago

Wildfires Threaten Boreal Forests and Homes

An expert on boreal forests shares a personal account of wildfires impacting their home, highlighting the devastating threat these fires pose. The article discusses strategies that will and will not help in combating the wildfire crisis.

Amazon Stock Jumps as AWS Growth Eases AI Spending Fears
Businesschannel-news-asia3h ago

Amazon Stock Jumps as AWS Growth Eases AI Spending Fears

Amazon's stock experienced a significant jump following strong growth in its Amazon Web Services (AWS) division. This performance helped to alleviate investor concerns regarding the company's increasing expenditures on artificial intelligence.