Market Event

Shein’s Hong Kong debut exposes the limits of fast fashion’s growth machine

The long-awaited listing immediately exposed investors’ doubts about the fast-fashion retailer’s growth prospects.
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US national debt hits $40trillion: A fiscal milestone with market consequences

The most recent trillion took about five months to add, and the last $9trillion accumulated in roughly four years.
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Amazon joins $3trillion club as AI-driven cloud boom powers record rally

Amazon became only the fifth company in history to reach a US$3T valuation, joining Nvidia, Alphabet, Apple and Microsoft.
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South Korea ends easing cycle with surprise rate hike, triggering market turbulence

The BOK’s tighter stance signals a stronger effort to steady the won, as currency swings increasingly feed into inflation.
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DeepSeek Eyes 2027 IPO as valuation soars and founder tops global AI wealth rankings

The planned IPO comes amid a sharp rise in DeepSeek’s valuation and revenue, underscoring intensifying competition among AI firms to secure capital.
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Update: CXMT Prices $8.6billion IPO, China’s largest since 2010

CXMT, China’s leading DRAM manufacturer, is moving ahead with one of the most consequential tech listings of the year, China's largest in 2026 so far.
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SK Hynix overtakes Alibaba with largest-ever foreign US listing

The transaction marks the largest US listing ever by a foreign company, surpassing Alibaba’s US$25billion IPO in 2014.
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Japan’s yen sinks to a 40-year low as intervention jitters mount

The Japanese yen has fallen to its weakest level in four decades, raising speculation of intervention.
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SpaceX IPO raises a recordbreaking $85.7billion, making Musk the first trillionaire

SpaceX has completed the largest initial public offering in history, raising $85.7billion in net proceeds and made Elon Musk the first trillionaire.
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Perplexity targets 2028 IPO as AI listing wave builds

The move places Perplexity among a small group of high-growth AI firms opting for longer private-market incubation rather than immediate listing.
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OpenAI moves toward landmark IPO

Most recently valued at approximately $850billion in private markets, OpenAI's public valuation could approach or potentially exceed $1trillion.
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Anthropic files for IPO, targets near $1trillion valuation

Market estimates suggest Anthropic is targeting a valuation approaching $1trillion, with figures circulating around $965billion.
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AI Memory Supercycle Propels SK Hynix, Micron Into Trillion-Dollar Club

The milestone reflects a structural shift driven by AI infrastructure, where high-performance memory has become as critical as compute itself.
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SpaceX files for record IPO, opening Elon Musk’s $2trillion empire to the public

The highly anticipated filing, unveiled on May 20, 2026, positions the transaction to become the largest IPO in financial history.
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Strait of Hormuz ‘effective closure’ triggers global energy shock

The withdrawal of major shipping companies and a tenfold surge in war-risk insurance premiums have created a de facto closure for the Strait of Hormuz.
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Gold’s historic surge past $5,000/ounce

Gold prices have experienced a significant surge in early 2026, surging and holding above the $5,000 per ounce mark.
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Trump nominates Kevin Warsh as next Fed chair

President Donald Trump officially nominated Kevin Warsh on 30 January 2026, to succeed Jerome Powell as the next Chair of the Federal Reserve.
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Iran plunged into a deep currency and economic crisis

The economic collapse of Iran was driven by a "perfect storm" of military conflict, the reimposition of global sanctions, and systemic hyperinflation.
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Close to $1trillion wipeout for Big Tech stocks over AI Fears

Early November 2025 saw nearly $1 trillion wiped off the value of the "Magnificent Seven" US tech giants.
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2025 Crypto Crash wipes out $1trillion in market cap

During the Oct 2025 crypto crash, over $19 billion in leveraged positions were liquidated in just 24 hours (Oct 10–11), marking the largest single-day wipeout in crypto history.
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Gold’s historic rally in 2025

Gold surpassed the $4,000 per ounce mark for the first time on October 8, extending its record-setting rally. Investors expect gold prices to reach $5,000 by the end of 2026
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Trump signs the GENIUS Act to formally regulate stablecoins

President Trump signed the GENIUS Act into law, establishing the first comprehensive federal regulatory framework for stablecoins in the US
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Markets suffer tariff whiplash before snapping back

A significant stock market downturn occurred in April 2025, triggered by the Trump administration's implementation of sweeping new tariffs.
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