Asian stock rout deepens on AI worries ahead of tech earnings

Asian chipmakers have been at the epicentre of this year's AI-driven rally and, more recently, investor concerns about its staying power, sparking sharp market swings.

Asian chipmakers have been at the epicentre of this year's AI-driven rally and, more recently, investor concerns about its staying power, sparking sharp market swings.
South Korea's Kospi index crashed over 11% on Wednesday, extending its drop to 43% from its June peak into technical bear market territory. The sharp plunge, triggered by earnings from chipmaker SK Hynix that missed lofty AI-fueled market estimates, prompted …

Insurance brokerage firm Brown & Brown (NYSE:BRO) fell short of the market's revenue expectations in Q2 CY2026, but sales rose 30.4% year on year to $1.68 billion. Its non-GAAP profit of $1.07 per share was in line with analysts' consensus estimates. Is now t…

Iran war and AI demand help drive revenue at Rio Tinto, Woodsidenikkei.com
Amazon Prime Video will broadcast Wednesday NHL games in Canada starting next season. This new agreement includes select Stanley Cup playoff series annually. Rogers Communications Inc. announced the 12-year licensing deal with the NHL. Prime Video will offer …