With energy and cash to spare, the Middle East’s wealthy Gulf states are attempting to position themselves as the next global AI hub.
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Inside the Gulf’s trillion-dollar AI gamble
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Nintendo plunges 8% after Switch 2 price hike and weak sales forecast
TOPSHOT – A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, an electronics store in the city of Nagoya, Aichi prefecture on June 2, 2025. Richard A. Brooks | Afp | Getty Images Nintendo shares plunged on Monday after the gaming giant warned sales […]
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UK PM Starmer battles for political survival in pivotal speech as gilt yields rise
British Prime Minister Keir Starmer is expected to vow to “face up to the big challenges” facing the U.K. in a make-or-break speech on Monday, amid mounting pressure on his leadership. Starmer is set to cite growth, national defense, the U.K.’s relationship with Europe and energy needs as key issues that must be tackled urgently, […]
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JPMorgan thinks Kospi’s torrid AI rally could have another 25% or more to run
Investment banks are scrambling to raise targets for South Korea’s benchmark index as a blistering artificial-intelligence rally powered by semiconductor giants shows little sign of slowing, with JPMorgan now projecting the Kospi could climb another 25% or more. The bank on Monday raised its bull-case target for the Kospi to 10,000 from 9,000, implying gains […]
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