AI chip giant SK hynix posts seven-fold surge in quarterly operating profit
South Korean chip giant SK hynix on Wednesday reported a 632 percent surge in third-quarter operating profit, fuelled by booming demand for AI semiconductors, and unveiled plans to return an additional $45 billion to shareholders.
Read moreTrump tamed after US midterms? Europe doubts it
President Donald Trump may be facing a political pounding at the US midterm elections next month -- but in Europe expectations are low that a big Democrat win would change much.
Read moreRunners swap streets for shopping malls as haze chokes Singapore
The pounding of running shoes echoes through a Singapore shopping mall as fitness enthusiasts desperate to exercise take refuge from choking haze.
Read moreNetanyahu and rival each claim mandate after tight Israel election
Israeli Prime Minister Benjamin Netanyahu and rival Gadi Eisenkot each vowed on Wednesday to form a government after both came up short in the first election since the October 7, 2023 attack traumatised the country.
Read moreTech stocks soar as SK hynix adds to rising AI confidence
Technology firms surged across Asia on Wednesday after blockbuster earnings from chip giant SK hynix helped boost optimism in the AI trade ahead of results from Wall Street titans Microsoft and Alphabet.
Read moreBillionaire Ambani's Jio to debut after record India IPO
India's Jio Platforms makes its stock market debut on Wednesday after a record-breaking IPO, capping billionaire owner Mukesh Ambani's years-long drive to diversify his conglomerate beyond oil refining.
Read moreSri Lanka's Tamil farmers fight to reclaim land after civil war
Tired but resolute, dozens of Tamil cattle farmers have held a round-the-clock vigil for almost three years in eastern Sri Lanka, protesting what they call land "theft".
Read moreUK set for cautious budget as borrowing costs climb
Britain's finance minister John Healey will unveil his first budget Wednesday, as he juggles commitments to defence spending and easing household bills with little financial room to manoeuvre.
Read moreAfghans compete for jobs, homes as millions return
As labourers gathered at a roadside in northern Afghanistan, Ghulam Sakhi Barat joined the search for work, with millions of new arrivals intensifying pressure for jobs and homes.
Read moreAnthropic's record IPO faces some big questions
No startup has ever grown so fast. In five years, Anthropic has become an AI giant valued at $1 trillion, and it is now aiming for a record-breaking stock market debut.
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