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The Hang Seng Tech Index rose 2% in early trading, while the Hang Seng Index rose 0.5%. Chip stocks rallied, with Chipwise Holdings (02166.HK) surging over 17%, GigaDevice (03986.HK) rising over 10%, Hua Hong Grace (01347.HK) rising over 8%, and SMIC

2026-07-09

The Hang Seng Tech Index rose 2% in early trading, while the Hang Seng Index rose 0.5%. Chip stocks rallied, with Chipwise Holdings (02166.HK) surging over 17%, GigaDevice (03986.HK) rising over 10%, Hua Hong Grace (01347.HK) rising over 8%, and SMIC (00981.HK) rising over 6%.

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2026-07-09

Gold rose back above $4,100/oz after Wednesday’s sell-off, supported by a softer dollar and renewed Middle East tensions following another round of US‑Iran strikes. Rising energy prices could complicate the inflation outlook and bolster expectations

Gold rose back above $4,100/oz after Wednesday’s sell-off, supported by a softer dollar and renewed Middle East tensions following another round of US‑Iran strikes. Rising energy prices could complicate the inflation outlook and bolster expectations the Fed will keep policy tighter for longer or hike further. June FOMC minutes showed an internal hawkish shift, pressing precious metals. Capital Economics economist Thomas Ryan said: "The minutes reiterate that the door to a September rate hike remains wide open."
2026-07-08

President Trump said he has put pressure on Putin and that Putin does not like it.

President Trump said he has put pressure on Putin and that Putin does not like it.
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