Oil rises on supply concerns as Houthis attack Saudi Arabia - Reuters

More in Finance

• Taiwan stocks lower at close of trade; Taiwan Weighted down 2.53%

  The benchmark index faced significant selling pressure throughout the trading day, culminating in a notable retreat by the closing bell. Market participants witnessed widespread weakness that pulled the island's primary equity gauge down sharply during the session. The downward momentum reflects a challenging environment for local shares across the entire exchange.

  1 min read
• Global Market: China stocks extend losing streak to 12 weeks as global AI selloff hits tech shares

  Mainland bourses dropped to a one-year low after overnight Wall Street declines spread worries about the profitability and high infrastructure costs of artificial intelligence. The resulting retreat dragged Chinese hardware and semiconductor equities sharply lower, despite resilient trading across Hong Kong and consumer-focused industries. Investors increasingly rotated into defensive domestic segments to limit exposure to the broader regional downturn.

  3 min read
• Crash! Suzlon Energy share price: Stock tanks 10% to 52-week low after weak Q2 results 2026: Buy or avoid? Target price

  Investor sentiment turned sharply negative as mounting profitability pressures overshadowed the renewable energy firm's operational momentum. The market selloff was triggered by deteriorating profit margins and lower full-year operational guidance. These margin constraints have prompted several brokerage houses to swiftly downgrade their price targets despite robust delivery volumes.

  4 min read