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South Korea's KOSPI fell 201.89 points, or 3.52%, to 5,533.77 on Thursday, its lowest close since April 7, as chipmakers led losses amid profit-taking and Skepticism renews over the global AI investment boom. The drop followed a 3.3% rally on Wednesd

2026-10-22

South Korea's KOSPI fell 201.89 points, or 3.52%, to 5,533.77 on Thursday, its lowest close since April 7, as chipmakers led losses amid profit-taking and Skepticism renews over the global AI investment boom. The drop followed a 3.3% rally on Wednesday, the index's biggest one-day gain in six weeks. A hawkish Bank of Korea stance also reinforced expectations of further rate hikes. Earnings from Meta and Tesla failed to deliver the same market lift as results linked to SpaceX and SMCI, leaving chip stocks vulnerable to a pullback.

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2026-10-21

On Wednesday the Baltic Dry Index rose 87 points (3.36%) to 2,680, its highest since Oct. 13 after a jump in capesize demand. The capesize index (BCI) climbed 271 points (7.69%) to 3,793; capesize daily earnings rose $2,453 to $30,895. The panamax in

On Wednesday the Baltic Dry Index rose 87 points (3.36%) to 2,680, its highest since Oct. 13 after a jump in capesize demand. The capesize index (BCI) climbed 271 points (7.69%) to 3,793; capesize daily earnings rose $2,453 to $30,895. The panamax index (BPI) fell 43 points (1.91%) to 2,204; panamax daily earnings dropped $387 to $19,836. The supramax index (BSI) ticked up 2 points to 1,870.
2026-10-22

Italy's Energy Minister said he hopes the measures agreed upon with the EU last week will reduce Italy's wholesale electricity prices by about 10%.

Italy's Energy Minister said he hopes the measures agreed upon with the EU last week will reduce Italy's wholesale electricity prices by about 10%.
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