South Korea overtook Germany in stock market value, powered by tech giants riding the global boom in artificial intelligence and robotics. The Asian nation’s stock market reached a valuation of $3.25 trillion as of Wednesday, according to Bloomberg-compiled data. That surpassed Germany’s $3.22 trillion, making Korea the world’s 10th‑largest stock market, just behind Taiwan. The reshuffling in rank...
South Korea overtook Germany in stock market value, powered by tech giants riding the global boom in artificial intelligence and robotics. The Asian nation’s stock market reached a valuation of $3.25 trillion as of Wednesday, according to Bloomberg-compiled data. That surpassed Germany’s $3.22 trillion, making Korea the world’s 10th‑largest stock market, just behind Taiwan. The reshuffling in rankings highlights the swift rise of Korean stocks, driven by shareholder‑friendly reforms and the nation’s pivotal role in the global AI supply chain. The equity benchmark Kospi has jumped 23% in 2026, while Germany’s Dax Index has climbed just 1.7%, weighed down by geopolitical uncertainties and a lack of clarity over stimulus deployment. “Korea is no longer just a proxy for global trade; it is the only market currently positioned at the bottleneck of the three most critical megatrends of the 2020s: AI, electrification, and defense,” said Keith Bortoluzzi , managing director at Singapore-based Impactfull Partners. Germany’s earnings are grappling with a secular decline in autos and chemicals, while Korea is enjoying a supercycle fueled by rearmament and AI infrastructure. Korean President Lee Jae Myung ’s vocal support for the stock market and push for corporate governance reforms helped ignite last year’s rally. The drive coincided with supply shortages and price hikes in memory chips, which led to sharp gains in Samsung Electronics Co. and SK Hynix Inc. The robotics boom has also sparked epic gains in Hyundai Motor Co. and its affiliates. Momentum carried the benchmark past the 5,000 mark for the first time last week. Despite Korea’s catch-up in market cap, the two economies remain far apart in size. In 2024, Korea ranked 12th globally on gross domestic product, while Germany held the third‑place position, according to World Bank data . Europe’s largest economy was about 2.5 times bigger at roughly $4.69 trillion versus $1.88 trillion. The gap between Korea’s stock market ...
Hong Kong banks, led by HSBC Holdings Plc and Bank of China (Hong Kong), could see wealth fees grow more than 20% this year, driven by fund sales, brokerage income and bancassurance, according to Bloomberg Intelligence. This jump in wealth fees is supported by optimism in the global build-out of artificial intelligence technology and favorable conditions across equities, fixed income and precious ...
Hong Kong banks, led by HSBC Holdings Plc and Bank of China (Hong Kong), could see wealth fees grow more than 20% this year, driven by fund sales, brokerage income and bancassurance, according to Bloomberg Intelligence. This jump in wealth fees is supported by optimism in the global build-out of artificial intelligence technology and favorable conditions across equities, fixed income and precious metals, wrote analysts Francis Chan and Sharnie Wong in the report . Risk appetite also remains “firm” thanks to expectations of further interest rate cuts by the Federal Reserve through the year. Rising inflows from new mainland Chinese migrants and visitors are supporting interest in higher-yielding bancassurance products, while momentum in Hong Kong initial public offerings creates tailwinds for wealth sales, the report added. Asset inflows have surged in Hong Kong thanks to a rebound in the stock market and efforts by the government to attract wealthy individuals with tax concessions and residency plans. That’s a stark reversal from the Covid-19 period, when Hong Kong grappled with an exodus of people and mainland money moved to Singapore. The growth in fees is likely to outpace the “low teens” consensus expectations, with “sustained momentum” at the banks, according to Bloomberg Intelligence. With an easing local rate environment, Hong Kong lenders could deliver at least double-digit growth in insurance fees and service results in 2026, it added.
(RTTNews) - Nextpower Inc. (NXT) revealed a profit for its third quarter that Increases, from the same period last year The company's earnings totaled $131.24 million, or $0.85 per share. This compares with $115.28 million, or $0.79 per share, last year. Excluding items, Nextpower Inc. reported adjusted earnings of $169.62 million or $1.10 per share for the period. The company's revenue for the pe...
(RTTNews) - Nextpower Inc. (NXT) revealed a profit for its third quarter that Increases, from the same period last year The company's earnings totaled $131.24 million, or $0.85 per share. This compares with $115.28 million, or $0.79 per share, last year. Excluding items, Nextpower Inc. reported adjusted earnings of $169.62 million or $1.10 per share for the period. The company's revenue for the period rose 33.9% to $909.35 million from $679.36 million last year. Nextpower Inc. earnings at a glance (GAAP) : -Earnings: $131.24 Mln. vs. $115.28 Mln. last year. -EPS: $0.85 vs. $0.79 last year. -Revenue: $909.35 Mln vs. $679.36 Mln last year. -Guidance: Full year EPS guidance: $ 4.26 To $ 4.36 Full year revenue guidance: $ 3.425 B To $ 3.500 B The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Apple has entered a multi year partnership with Alphabet's Google to use Gemini AI models in Siri and other Apple Intelligence features. The company is also making settlement payments in a major class action lawsuit related to alleged Siri privacy violations. Both developments highlight Apple's shifting approach to AI and data privacy, with potential implications for users and regulators. Apple, N...
Apple has entered a multi year partnership with Alphabet's Google to use Gemini AI models in Siri and other Apple Intelligence features. The company is also making settlement payments in a major class action lawsuit related to alleged Siri privacy violations. Both developments highlight Apple's shifting approach to AI and data privacy, with potential implications for users and regulators. Apple, NasdaqGS:AAPL, is trading at around $258.27, with the share price up 4.7% over the past week and 8.9% over the past year. Over longer periods, the stock shows an 81.7% return over three years and a 96.5% return over five years, despite a 5.5% decline over the past month and a 4.7% decline year to date. This backdrop provides context as you consider what the AI partnership and privacy settlement might mean for the business. For investors, the Google Gemini deal and the Siri privacy settlement relate to two core Apple themes: product differentiation and user trust. As these AI features roll out and settlement terms are implemented, attention is expected to focus on how the company balances richer on device experiences with tighter controls over voice data and personal information. Stay updated on the most important news stories for by adding it to your or . Alternatively, explore our to discover new perspectives on Apple. NasdaqGS:AAPL Earnings & Revenue Growth as at Jan 2026 Advertisement Quick Assessment ✅ Price vs Analyst Target : At US$258.27, the share price sits about 10% below the US$287.29 analyst target midpoint. : At US$258.27, the share price sits about 10% below the US$287.29 analyst target midpoint. ❌ Simply Wall St Valuation : Shares are described as trading 15.4% above estimated fair value, signaling an overvalued status. : Shares are described as trading 15.4% above estimated fair value, signaling an overvalued status. ❌ Recent Momentum: The stock shows a 5.5% decline over the past 30 days. Check out Simply Wall St's . Key Considerations 📊 The Google Gemini int...
In recent years, Amazon has stepped up its game to better compete in the billion-dollar U.S. online grocery market. Currently, the sector is valued at $166.2 billion and is expected to reach $227.9 billion by 2030, according to IBISWorld data shared with TheStreet. Walmart holds a ...
In recent years, Amazon has stepped up its game to better compete in the billion-dollar U.S. online grocery market. Currently, the sector is valued at $166.2 billion and is expected to reach $227.9 billion by 2030, according to IBISWorld data shared with TheStreet. Walmart holds a ...
The price China Vanke Co. must pay to avoid imminent default and get more time to work on a plan for one of the country’s biggest ever restructurings is now clear: 2.9 billion yuan ($417 million). That’s the amount the developer must make in partial payments this week to holders of three bonds, after winning their approval to push back full repayment by one year. Such payouts would be the largest ...
The price China Vanke Co. must pay to avoid imminent default and get more time to work on a plan for one of the country’s biggest ever restructurings is now clear: 2.9 billion yuan ($417 million). That’s the amount the developer must make in partial payments this week to holders of three bonds, after winning their approval to push back full repayment by one year. Such payouts would be the largest Vanke has made since it first sought delays in late November, and would give it breathing room ahead of its next note maturity in late April. Once China’s largest homebuilder and now at the epicenter of the nation’s years-long property crisis, Vanke got clearance from creditors to repay 40% of the principal Wednesday on two bonds it had failed to repay at maturity last month, filings late Tuesday showed . The partial repayments amount to 2.5 billion yuan, plus a further 413 million yuan due Friday on a separate security, according to Bloomberg calculations based on prior filings. Vanke’s largest shareholder, state-owned Shenzhen Metro Group Co. , will provide a loan of up to 2.36 billion yuan to help it repay principal and interest on bonds issued in the public market, according to a separate filing . The statement didn’t mention specific securities, but the timing suggests most of the funding for the partial payments this week could be coming from the state firm. Jan. 28 VANKE 3 12/15/25 Corp 2 billion 0.864 billion Jan. 28 VANKE 3 12/28/25 Corp 3.7 billion 1.597 billion Jan. 30 VANKE 3.98 01/22/28 Corp 1.1 billion 0.41 billion April 23 VANKE 3.11 04/23/26 2 billion TBD May 12 VANKE 3.1 05/12/26 2 billion TBD May 20 VANKE 3.7 05/20/28 566 million TBD June 15 VANKE 3.07 06/15/26 2 billion TBD That last-minute development is reviving debate about the extent of state support for Vanke, one of the last major developers to have avoided an outright default after a broader property market slump sparked record debt failures in recent years. “The new shareholder loan reflects the S...