Major stock markets in the Gulf fell in early trade on Wednesday, tracking Asian shares lower after an overnight tech-led sell-off on Wall Street put the spotlight on stretched valuations.

Listed vehicles run by non-bank lenders trade at a hefty 11% dividend yield, yet also well below the value of their assets.

Semiconductor testing equipment manufacturer Advantest declined over 8%, while chipmaker Renesas Electronics is down 6% in ...

Wall Street succumbed to a tech-led selloff on Tuesday, slammed by warnings of a market pullback from top U. bank CEOs and a ...

South Korean stocks tumbled Wednesday amid growing fears that the AI boom has pushed global equity valuations too far. This ...

The Pakistani rupee registered marginal improvement against the US dollar in the inter-bank market on Wednesday. At close, ...

Shares in Europe and Asia tumbled on Wednesday following a drop on Wall Street a day earlier – amid a selloff led by ...

Investors will eye earnings and a private-sector jobs gauge this week. Follow along for live news and analysis of the Dow, S&P 500 and Nasdaq.

The days of all stocks relating to AI rising indiscriminately could be numbered.

(Reuters) -Equities saw their sharpest slide in seven months in Asia on Wednesday, with tech stocks leading losses as ...

Democratic socialist Zohran Mamdani was elected as the 111th mayor of New York City, defeating the former governor Andrew ...

The 34-year-old Democratic candidate defeated his main rival, Andrew Cuomo, after a dazzling campaign that will make him the ...