Business news

Business news • Jun 08

Black Monday: KOSPI Plummets 8%, Triggers Circuit Breaker

The domestic stock market, which opened on the 8th, experienced a so-called Black Monday. Samsung Electronics and SK Hynix both plummeted by 8–9% at the...

7 0 0

Business news • Jun 08

U.S. stock futures mixed, oil prices surge as new attacks threaten the cease-fire with Iran

U.S. stock-index futures swung back for forth Sunday, after a massive tech selloff on Friday interrupted Wall Street's two-month rally, and after new...

7 0 0

Business news • Jun 08

Hammer blow for Australian airlines

Airlines trying to juggle huge fuel bills have been warned their per-passenger profits could fall by as much as 35 per cent this year.

6 0 0

Business news • Jun 08

Oil Rises as Hostilities Escalate Between Iran and Israel

Oil prices jumped after Iran fired missiles at Israel, casting fresh doubt on the future of a fragile cease-fire in the Middle East. The strikes came after...

2 0 0

Business news • Jun 08

Air fare rises ‘inevitable’ as airlines face extra $100bn jet fuel bill this year

Iata summit in Brazil hears top executives say although jet fuel shortages are unlikely, industry-wide profits will halve.

2 0 0

Business news • Jun 08

Asia markets tumble as tech rout deepens

SINGAPORE, June 8 (Reuters) - Asian markets plunged on Monday as investors slammed the brakes on the red-hot AI rally, while Israeli strikes on Beirut sent...

2 0 0

Business news • Jun 08

Nvidia Takes the Top Spot in the 2026 List of Best Companies for the Future

This new ranking also showcases tech giants Alphabet, Microsoft, Meta and Cisco, propelled by high scores for innovation, financial strength and AI...

2 0 0

Business news • Jun 08

South Korea Unveils Measures to Stem Won Slide, Curb Speculation

South Korea unveiled targeted steps to support the won after it fell to the weakest level since 2009, pledging firm action against speculative trading and...

2 0 0

Business news • Jun 08

Tech sell-off widens as South Korea plunges

A tech sell-off continued in Asia on Monday with South Korea's stock market plunging more than 8 per cent, triggering a 20-minute trading halt.

2 0 0

Business news • Jun 08

Dollar hits two-month peak as Fed hike bets ramp up

The dollar was perched near a ​two-month high on Monday after a blowout U.S. jobs report sent traders ramping up bets on a Federal Reserve ‌rate hike this...

2 0 0

Business news • Jun 07

Major gas and energy company files for bankruptcy

New Fortress Energy filed for Chapter 15 bankruptcy on May 28. Here is what the restructuring means for NFE stock, creditors, and shareholders in 2026.

2 0 0

Business news • Jun 07

Stocks bounce back, oil pares gains as Iran and Israel signal a pause

Asian stocks plunged on Monday as investors rushed out of the hottest AI-linked ​shares on fears the bull run has gone too far, too fast and as fresh...

2 0 0

Business news • Jun 07

Oil Prices Rise Amid Escalating Supply Disruption Concerns

2336 GMT — Oil prices rise in early trade amid escalating concerns of supply disruption in the Middle East. Iran fired at least four waves of missiles...

2 0 0

Business news • Jun 07

Nvidia clinches deals with South Korean giants include SK Group to advance AI boom

Nvidia on Monday announced a series of deals in South Korea with tech giants including SK Hynix and ‌Naver , as it looks to secure crucial memory chips to...

2 0 0

Business news • Jun 07

NVIDIA and SK hynix Announce Multiyear Technology Partnership to Advance Memory for AI Factories

NVIDIA and SK hynix today announced a multiyear technology partnership to advance next-generation memory for the global AI factory buildout and accelerate...

1 0 0

Business news • Jun 07

Airplane Engine Makers Called Out for ‘Gouging’ at Rio Summit

Aircraft engine suppliers found themselves at the receiving end of some choice words from aviation executives at this year's annual gathering in Rio de...

2 0 0

Business news • Jun 07

Woman shares tattoo she got a week before COVID-19 that ‘aged like milk’ almost immediately

A Kentucky woman got a tattoo reading "refuse to wear a mask" two days before COVID hit, and the irony went massively viral.

2 0 0

Business news • Jun 07

People Are Revealing Things That Got Ruined When They Became Too Popular

Most people have at least one thing they liked that suddenly felt "ruined" once too many people discovered it. It might be a store, a restaurant, a TV show,...

1 0 0

Business news • Jun 07

Oil prices rise more than $2 on Israel strikes on Lebanon

BEIJING, June 8 (Reuters) - Oil prices were up more than $2 a barrel on Monday after Israel on Sunday launched renewed strikes on Lebanon despite a truce...

1 0 0

Business news • Jun 07

Oil prices jump after Iran missiles threaten fragile ceasefire

Oil prices jumped as markets opened after an escalation of hostilities in the Middle East threatened to shatter a fragile truce and undermine prospects of a...

1 0 0