Asia stocks soared on Tuesday, powered by a strong rally in the tech sector, even as Japan’s market slipped amid mounting concerns over looming rate hikes. Investors remain cautious, navigating the uncertain waters as central banks signal tighter monetary policies on the horizon
Browsing: Technology Sector
LG Electronics is gearing up to raise a staggering $8.7 billion by taking its India unit public in an upcoming IPO, Bloomberg reports. This bold move is set to tap into the booming Indian market and supercharge the company’s growth across the region
Indian shares plunged dramatically after a US visa crackdown triggered a staggering $10-billion sell-off in IT stocks, Reuters reported. This unexpected upheaval sent shockwaves across the market, delivering a severe blow to the sector’s overall value
Former President Donald Trump’s hardline stance on the H-1B visa program has thrown millions of Indian IT professionals into turmoil, disrupting careers and sparking widespread anxiety across the tech industry
China’s fierce food-delivery price war is hitting Alibaba’s profits hard. The e-commerce powerhouse is battling soaring losses driven by steep discounts and cutthroat competition in this fast-growing market, The Wall Street Journal reports
China’s fierce price war is intensifying, thrusting Alibaba into the spotlight just ahead of its earnings report. With rivals slashing prices aggressively, the e-commerce giant faces mounting pressure to maintain its market dominance and safeguard its profit margins
Japan’s Nikkei skyrocketed to a record-breaking high, propelled by SoftBank sparking a dynamic tech rally driven by stellar earnings and soaring investor excitement. This surge signals a renewed wave of optimism in Japan’s bright growth prospects
India’s Tech Mahindra faced a slight dip in first-quarter revenue, mainly impacted by challenges in the Americas region, Reuters reported. Yet, the company remains steadfast and energized to push ahead with its ambitious growth strategies despite these obstacles
UK’s tech scene is booming with high-growth stocks stealing the spotlight from eager investors. From revolutionary startups to pioneering industry giants, these companies are shaping the future of innovation. Yahoo Finance uncovers the top tech stocks you can’t afford to miss right now
In a dramatic turn of events, former President Trump has intensified his threats against tech titans such as Apple and Samsung, along with the European Union. This bold maneuver marks a significant escalation in the ongoing trade war, raising concerns about its potential ripple effects on global markets
A proposed UK-India trade deal has the potential to shake up the talent pipeline to Silicon Valley, as it seeks to streamline migration for Indian tech professionals. This exciting development sparks important questions about how it might reshape the competitive dynamics within the global tech industry.
Chinese tech stocks experienced significant volatility as market sentiment shifts amid renewed trade tensions. Comments from former President Trump on decoupling heighten investor anxiety, amplifying fears over the future of U.S.-China relations and technology collaboration.