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Samsung Starts Mass Production Of Most Powerful SSD For AI PCs

Samsung Electronics Co. announced that it has begun mass production of a new solid-state drive or SSD that stores and transfers data for artificial intelligence personal computers. The South Korean advanced memory tech major has initiated mass producing PM9E1, a PCle 5.0 SSD with the industry's highest performance and largest capacity. According to the firm, the SSD has significantly...
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Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Friday.
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European Shares Seen Flat To Higher At Open

European Shares Seen Flat To Higher At Open

European stocks may open flat to slightly higher on Friday as investors await the U.S. Labour Department's highly anticipated monthly jobs report later in the day for more clarity regarding the outlook for the U.S. economy and interest rates.
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European Economic News Preview: France Industrial Output Data Due

European Economic News Preview: France Industrial Output Data Due

Industrial production from France and construction Purchasing Managers' survey data from Germany and the UK are due on Friday, headlining a light day for the European economic news. At 1.45 am ET, the State Secretariat for Economic Affairs releases Swiss unemployment data for September.
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Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the broadly negative cues from global markets overnight, as traders remain cautious and keep an eye on developments in the Middle East, where an escalating conflict has contributed to a sharp increase in the price of crude oil. They also seemed reluctant to make significant moves ahead of the highly anticipated US monthly jobs report.
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Japanese Market Modestly Higher

Japanese Market Modestly Higher

Extending the strong gains in the previous session, the Japanese stock market is modestly higher on Friday, despite the negative cues from global markets overnight. The benchmark Nikkei 225 is moving to near the 38,700 level, with gains across most sectors led by financial stocks as Prime Minister Ishiba and Bank of Japan Governor Kazuo Ueda downplayed the likelihood of an interest rate hike soon.
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Sensex, Nifty Set To Extend Losses As Crude Oil Spikes

Sensex, Nifty Set To Extend Losses As Crude Oil Spikes

Indian shares may open on a sluggish note Friday as oil prices spiked amid signs of an escalating conflict between Iran and Israel, with U.S. President Joe Biden saying the U.S. was discussing whether to support potential Israeli strikes against Iranian oil facilities.
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Thai Stock Market May Take Further Damage On Friday

Thai Stock Market May Take Further Damage On Friday

The Thai stock market has moved lower in consecutive trading days, stumbling more than 20 points or 1.3 percent in that span. The Stock Exchange of Thailand now sits just above the 1,440-point plateau and it's tipped to see continued consolidation on Friday.
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Indonesia Bourse May Give Up Support At 7,500 Points

Indonesia Bourse May Give Up Support At 7,500 Points

The Indonesia stock market has moved lower in two straight sessions, dropping nearly 100 points or 1.3 percent along the way. The Jakarta Composite Index now rests just above the 7,540-point plateau and it's expected to open in the red again on Friday.
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Australian Market Significantly Lower

Australian Market Significantly Lower

The Australian stock market is significantly lower on Friday, reversing the slight gains in the previous session, following the broadly negative cues from global markets overnight. The benchmark S&P/ASX 200 is falling to near the 8,100 level, with weakness across most sectors led by mining and technology stocks. Energy stocks were the only bright spot amid spiking crude oil prices.
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Lower Open Expected For Hong Kong Stock Market

Lower Open Expected For Hong Kong Stock Market

The Hong Kong stock market on Thursday ended the six-day winning streak in which it had skyrocketed more than 4,200 points or 21 percent. The Hang Seng Index now sits just above the 22,110-point plateau and it's still due for considerable profit taking on Friday.
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Taiwan Shares Expected To Return To The Downside On Friday

Taiwan Shares Expected To Return To The Downside On Friday

Ahead of two days off because of Typhoon Krathon, the Taiwan stock market had ended the two-day slide in which it had dropped more than 630 points or 2.9 percent. The Taiwan Stock Exchange now rests just above the 22,390-point plateau and it's looking at a soft start upon its return on Friday.
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