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Asian stocks plunge: Kospi tumbles over 7%, Nikkei sheds 3,000 points as AI-linked shares drag markets

Asian equity markets witnessed drastic downturns, with Taiwan and South Korea hit the hardest in the trading frenzy. This sell-off arose from growing apprehensions about AI investments, particularly in semiconductors. Wall Street also saw an alarming plunge, wiping out $2.5 trillion in a single day. Consequently, major tech companies faced sharp declines in stock value

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Jamie Dimon vowed to fight Clarity Act stablecoin yields; Democratic win may kill bill

The recent midterm elections have ushered in Democratic dominance over both Congressional chambers, posing challenges for the CLARITY Act’s advancement. Analysts predict a tough road ahead due to shifting political dynamics. Jamie Dimon has raised alarms about yield-paying stablecoins, deeming them high-risk financial assets. As Congress ramps up regulatory focus on cryptocurrency, some experts hold

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India-born Saba Haider wins Illinois State Representative election – ThePrint

India-born Saba Haider wins Illinois State Representative election  ThePrint

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Zomato founder to doctors: I see your rage against Temple, I have few points

Deepinder Goyal has addressed criticism from doctors regarding his wearable health-tech device Temple. He emphasized that Temple is not a scam and has significant financial investment. Goyal stated the product offers a 14-day return policy for customer satisfaction. Additionally, he mentioned plans to publish scientific validation for the device in due course. Lastly, he assured

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Delhi air quality worsens, AQI hits 389 as several areas turn ‘severe’

Delhi continues to experience high pollution levels as the overall Air Quality Index reaches 389. Several areas, including IIT Delhi and Rohini, reported even worse levels in the ‘severe’ category. Local residents are expressing discomfort due to the deteriorating air quality, reporting issues like breathing difficulties and eye irritation. The Delhi Environment Minister has attributed

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From Madeira, Manchester, Madrid to immortality: CR7 walks off, into people’s hearts

Before Ronaldo, a senior Portugal side had never won anything, had only made the World Cup semifinals twice, in 1966 and 2006 (his first World Cup). With him leading them, they won three trophies in nine years.

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Bengaluru man kills wife, five in-laws and 7-year-old nephew

Indushekar is accused of murdering his wife, Divya, along with six of her family members. The murders allegedly occurred over several days due to ongoing disputes between Indushekar and Divya. After Divya reported her family missing, she was reportedly killed by Indushekar. Police are currently investigating the case and gathering further details surrounding the murders.

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Business

Oil prices bounce back: Brent nears $100 after hitting a more than two-month low

Crude oil prices are on the upswing following major declines fueled by geopolitical tensions. Brent crude approaches the $100 per barrel threshold, while WTI records similar gains. Ongoing conflicts in the Middle East have disrupted refinery operations, leading to a notable drop in global refining activities, especially in Asia and Russia. However, the US has

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