Claims about a breakthrough in superconductor technology that could revolutionize the power, transportation and chip industries have sparked surges in some Korean and Chinese stocks even as scientists remain dubious.
Chinese chipmaking machine suppliers surged on Wednesday following a media report that a state-backed firm made a significant technological breakthrough, spurring hopes the country can lessen its reliance on US semiconductor techniques.
Swedish home prices continued to edge ahead last month in a rebound from one of the worst housing routs globally, defying borrowing cost increases and surging inflation.
Taiwan launched an inquiry into several officers suspected of leaking military secrets to China, a case that highlights the espionage threat the democracy faces from its much larger neighbor.
The US sovereign rating may have slipped but Treasuries remain a buy.
Indian billionaire Gautam Adani’s Ambuja Cements Ltd. will buy a majority stake in Sanghi Industries Ltd. as the tycoon’s ports-to-power conglomerate looks to expand cement operations across the South Asian nation, according to people familiar with the matter.
The European Union should take steps to stop the waste of solar energy and limit negative pricing in order to encourage investment, according to renewable energy groups.
The fallout from Fitch Ratings’ downgrade of the US puts the focus on the countries still holding onto the coveted top credit grade.
Europe’s liquefied natural gas imports slumped to the lowest level since Russia invaded Ukraine after a drop in prices reduced the region’s appeal.
A fixed income specialist-turned-crime-buster plumbs the secrets of five European banks
