Lighter price has rallied 28% over the past 24 hours to around $2.95 on Aug. 20, making LIT the biggest gainer among the top 100 cryptocurrencies. CoinGecko data showed LIT climbing from around $2.30 to an intraday high near $2.97, with the rally accelerating during the Asian and European trading sessions. The token was also
The Nikkei 225 Index retreated sharply on Wednesday, reaching its lowest level since August 10 as Japan bond yields soared. It also fell as analysts positioned themselves for the potential Bank of Japan (BoJ) hike and potential resumption of US-Iran kinetic action. It was trading at 65,684 points, down modestly from this week’s high of
Samsung Electronics and SK Hynix shares fell sharply Wednesday as Tuesday’s US semiconductor rout spread across the Pacific, dragging South Korea’s market lower. SK Hynix dropped as much as 9.63% in early trading and Samsung fell 7.64%, while the KOSPI triggered a sell-off after opening nearly 5% lower. By 11:20 AM local time, SK Hynix
Broadcom stock (NASDAQ: AVGO) has fallen about 21% from its early-June peak even as the chipmaker continues to post the fastest AI growth in the semiconductor industry. The stock closed at $380 on Tuesday, down 3.2% for the session and well below its June 2 record close of $481.57. The slide accelerated after fiscal second-quarter
The Kospi Index gapped lower on Wednesday as jitters in the bond market continue and as top constituents like Samsung and SK Hynix retreat. It plunged to 6,473 points, down by 10% from its highest point this week. South Korea long-term bond yields jump The Kospi Index slumped, joining other top global benchmarks like the
Unitree Robotics shares surged in their Shanghai debut on Wednesday, giving China’s best-known humanoid robot maker a market value briefly above $60 billion and underlining investor appetite for one of Beijing’s most closely watched technology sectors. The stock opened at 1,100 yuan on the STAR Market, 629% above its IPO price of 150.80 yuan, before
Gold edged higher on Wednesday as US Treasury yields retreated, giving bullion some breathing room after a steep decline as traders waited for the Federal Reserve’s July meeting minutes. Spot gold traded around $4,350 an ounce in Asian hours after sliding nearly 2% on Tuesday. The rebound came as the benchmark 10-year Treasury yield eased
Hyperliquid price has fallen below $59 after briefly crossing $60 on August 18, leaving HYPE down around 1.4% over the past 24 hours while retaining a 7.1% seven-day gain. CoinGecko data showed HYPE trading near $58.49 on August 19 after reaching a 24-hour high of $60.41, with the token giving back part of a rally
Oil prices extended their advance on Wednesday as renewed uncertainty over the Strait of Hormuz kept supply risks firmly in focus, pushing Brent above $91 a barrel and WTI towards $86. Brent crude futures rose about 0.8% to $91.71 in Asian trading, while US West Texas Intermediate gained roughly 0.9% to $85.70. Both benchmarks were
UK inflation accelerated in July as a sharp rise in household energy costs pushed the headline rate further above the Bank of England’s target, reviving questions over whether policymakers may eventually need to raise borrowing costs again. The Consumer Prices Index rose 2.9% from a year earlier, up from 2.6% in June and matching economists’