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Gina Hinojosa’s Texas Governor Campaign Tests Limits of New Rules for Digital Political Ads

Oct 28, 2026

Some of the social media posts paid for by Gina Hinojosa’s campaign for Texas governor don’t include a disclosure, despite a state regulation that likely requires it.

Dharshini David: Healey buys himself some time, but big questions still unanswered

Oct 28, 2026

An ‘Endless’ Cruise Around the World Is Suspended, Leaving Passengers Stranded

Oct 28, 2026

Elon Musk is a 'real genius', Putin says after satellite talks with SpaceX boss

Oct 28, 2026

AI Is Finding a Flood of Bugs, and Silicon Valley Is Rushing to Fix Them

Oct 28, 2026

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Oct 28, 2026

Healey tells departments to make 1% cuts to fund defence

The reduction in public spending will go towards paying for the Defence Investment Plan.

Oct 28, 2026

Five ways the Budget will affect you if you are under 25

Oct 28, 2026

A Punishing Housing Market Is Squeezing Renters

Oct 28, 2026

Three ways the Budget affects you

Interesting Read

Takeaways from Warsh’s news conference.

Oct 28, 2026

How the Fed’s Interest Rate Decision Affects Credit Cards, Loans and More

The Federal Reserve left its benchmark rate untouched, but a December hike could make holiday borrowing more costly.

Oct 28, 2026

Tech stocks soar pushing regional bourses higher

Technology firms surged in Asia on Wednesday after blockbuster earnings from chip giant SK hynix helped boost optimism in the AI trade ahead of results from Wall Street titans Microsoft and Alphabet. Oil prices rose as investors kept tabs on Israel's election results, which could determine the future of Israeli Prime Minister Benjamin Netanyahu's war against Iran. In Hong Kong, the stock market ended higher, with the benchmark Hang Seng Index up 0.23 percent to close at 23,094 points. The Hang Seng China Enterprises Index gained 0.32 percent to 7,791 points, and the Hang Seng Tech Index jumped 1.40 percent to 3,853 points. On the mainland, the benchmark Shanghai Composite Index finished up 0.91 percent to 3,681 points while the Shenzhen Component Index closed 2.02 percent higher. Turnover of stocks covered by these two indices totalled about 1.63 trillion yuan, up from 1.46 trillion yuan on the previous trading day. Shares in robotics, semiconductor chips and AI-generated animated dramas were among the top gainers, while stocks in the pork and insurance sectors fell against the broader upward trend. The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 3.4 percent. The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 3.2 percent higher. Elsewhere in Asia, Tokyo stocks closed mixed. Artificial intelligence-related shares extended gains as worries about the profitability and sustainability of massive investments in the sector eased, but rising crude oil futures prompted selling in the broader market. The benchmark Nikkei stock index, climbed 685 points, or 1.08 percent, to finish at 63,954. The broader Topix index, meanwhile, slipped 5.66 points, or 0.14 percent. Heavyweight AI- and semiconductor-related shares tracked their US counterparts higher, with upbeat details in the initial public offering prospectus of AI giant Anthropic drawing buyers to the Tokyo market for a second straight session. Meanwhile, SK hynix, which has been at the forefront of the chip boom, said on Wednesday that third-quarter operating profit soared 632 percent to US$62.8 billion thanks to explosive demand for its advanced semiconductors. The firm said it had now posted record revenue and operating profit for six straight quarters. "While Wall Street argues over whether the AI arms race can keep financing itself, SK hynix has just reminded the market that somebody on the other side of all that capex is receiving the cheque," wrote Stephen Innes at SPI Asset Management. Shares in SK hynix soared almost 11 percent and South Korean rival Samsung, which reports on Thursday, added nine percent. That pushed Seoul's Kospi index up more than six percent at the close. (AFP/Xinhua) Edited by Tony Sabine

Oct 28, 2026

Asia shares up ahead of US tech results

Asia stocks rallied on Wednesday after a resurgence in AI enthusiasm ahead of earnings from industry bellwethers later in the US day, while the dollar was perky ahead of a Federal Reserve policy decision. The AI rally faces its next test when technology giants Alphabet and Microsoft report earnings after market close, with investors looking for evidence of returns that would justify the hefty price of AI build-out. Ahead of US earnings, MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.85 percent in early Asia trade, with Japan's Nikkei adding 1.2 percent and South Korea's Kospi jumping more than three percent. The Hang Seng Index was slightly lower in mid-morning trade, down 0.02 percent, at 23,036. (Reuters) Edited by Aaron Tam

Oct 28, 2026

US consumer confidence up in October on fuel cost lull

US consumer confidence improved in October, driven primarily by a lull in fuel price increases, according to a key indicator published on Tuesday, a week before crucial midterm elections that will decide control of Congress. The Conference Board's Consumer Confidence Index rose by 7.5 points to 91.7 in October, the organisation said in a statement. The data defied analyst expectations of a drop in confidence. "The recovery was in line with retail gasoline prices easing from September to October," said Fergus McCormick, senior economist at the Conference Board. "Yet, despite the increase in October, consumer confidence remained on the long-term downward trend that's persisted over the past few years." The rising cost of living is a core voter concern going into the November 3 elections, in which the Democratic Party is seeking to wrest control of Congress from US President Donald Trump's Republicans. Trump's war on Iran has driven up global energy prices, exacerbating already high inflation in the United States as the price for regular petrol has increased by more than 40 percent since the start of the conflict. Trump welcomed the October consumer confidence data in a post on social media, calling it "an extremely big rise." (AFP) Edited by Cecil Wong

Oct 27, 2026

Wall Street ends higher on revived AI momentum

An AI-fueled tech rally sent US stocks to a higher close on Tuesday as third-quarter reporting season gained steam, while the US Federal Reserve convened for its penultimate meeting of the year. The tech-heavy Nasdaq led the gains. The buzz surrounding details of Anthropic's impending initial public offering helped boost chip stocks for the third consecutive session. Growing concerns over the viability of debt-funded spending amid rising borrowing costs have weighed on the AI trade this month. To fund its AI expansion, Meta increased its largest-ever equity fundraising to US$97.5 billion, sending the Facebook parent's shares down 1.6 percent. "(The Anthropic news) seems to be giving a little bit of a relief rally to the AI stocks, particularly the semis," said Chuck Carlson, CEO at Horizon Investment Services in Hammond, Indiana, referring to chip stocks. "Those stocks have gotten clobbered in recent weeks and they were probably due for a bounce." Economic data showed rising new orders for computers and peripheral equipment, supporting the notion of strong AI-related spending. Nearly half of S&P 500 companies have reported third-quarter results. Of those, 83 percent have delivered better-than-expected results, according to the most recent available LSEG data. Boeing tumbled 10.7 percent following its bigger-than-expected third-quarter loss, while water-management company Xylem slid 14.2 percent after trimming full-year forecasts. United Parcel Service advanced 5.8 percent after the package delivery firm raised its annual revenue and profit forecasts. Sherwin-Williams' quarterly profit miss sent the stock 2.7 percent lower, weighing on the Dow. Royal Caribbean rose 5.5 percent after the cruise operator lifted its full-year profit forecast. Microsoft and Alphabet results are expected on Wednesday, while Amazon.com is due to report on Thursday. The Fed convened on Tuesday for its October monetary policy meeting, which is widely expected to culminate in a decision to keep the fed funds target rate on hold in the 3.75 to 4 percent range, saving its second rate hike of the year for its final meeting in December, according to CME's FedWatch tool. "There seems to be more confidence that the Fed isn't going to do anything at this meeting, partly because we have an election on Tuesday," Carlson added. "There's probably at least some relief that the rate situation is not going to get in the way of a rally." The Dow Jones Industrial Average rose 15 points, or 0.03 percent, to 52,377, the S&P 500 gained 45 points, or 0.6 percent, to 7,722 and the Nasdaq Composite gained 308 points, or 1.2 percent, to 26,477. (Reuters) Edited by Cecil Wong

Oct 27, 2026

Boeing delays 737 production target to early 2027

Boeing CEO Kelly Ortberg said on Tuesday that the company will not reach its 737 production rate target of 47 jets a month until next year, a serious setback to the company's ongoing recovery. The company had planned to reach the target this past summer, but it will take "into early next year," Ortberg said during an interview on CNBC. In September, he said that Boeing has not been able to make wings fast enough. Deliveries of the popular single-aisle jetliner are a major driver of Boeing's cash flow. Shares of the US planemaker fell 2.5 percent in premarket trading even as Boeing continues to recover from years of crises and controversies that dented its reputation, drained cash and saddled it with a heavy debt load. During the quarter, Boeing secured certification for the 737 MAX 7 from US regulators, won the US Navy's sixth-generation F/A-XX fighter contract and generated free cash flow for another quarter, while certification of the larger MAX 10 followed in October. "Expectations are rising, and they should. We have a stronger foundation than a year ago, but we also have more work to do to deliver on our backlog, strengthen our culture, and improve how we work every day," Ortberg said in a memo to employees after the results. Boeing reported an adjusted loss of 34 cents per share for the quarter through September, compared with market expectation of 21 cents, according to data compiled by LSEG. Revenue at Boeing Commercial Airplanes dipped slightly to US$10.7 billion, while operating loss stood at US$697 million and margin shrank by just 6.5 percent compared with a contraction of 48.3 percent a year ago. The company attributed the performance to less profitable jetliner deliveries and higher production costs, including from its supply chain. At Boeing's defense division, higher deliveries, improved operational performance and a US$252-million sale of a subsidiary contributed to nearly US$500 million in quarterly earnings with an operating margin of 6.2 percent, up from 1.7 percent a year ago. Boeing Global Services earned US$1 billion and posted an operating margin of 18.3 percent. The US planemaker ended the quarter with US$25.2 billion in net debt, down slightly from US$25.9 billion in the previous three months and US$30.4 billion a year ago. (Reuters) Edited by Aaron Tam

Oct 27, 2026

HK stocks slip as mainland tech gains lose steam

Mainland stocks gave up gains earlier in the day to close at a 14-month low on Tuesday, with tech shares resuming their decline after a brief rise on an uptick in sentiment in the region. In Hong Kong, the benchmark Hang Seng Index fell 170 points, or 0.7 percent, to 23,041 on turnover of HK$178.35 billion. The tech index was down 57 points, or 1.5 percent, at 3,800 while the China enterprises index slipped 35 points, or 0.5 percent, to 7,766. Up north, the Shanghai Composite Index closed down 49 points, or 1.33 percent, at 3,648 on turnover of 672.4 billion yuan while the blue-chip CSI300 Index was also 1.3 percent lower. The Shenzhen Component Index fell 288 points, or 2.5 percent, to close at 11,245 on turnover of 788.5 billion yuan while the ChiNext Index dived 90 points, or 3.41 percent, to 2,548 on turnover of 381.58 billion yuan. Shanghai's tech-focused Star50 index slumped 4.8 percent to the lowest since March. The selloff in Chinese AI-related shares, however, continued, with the CSI Semiconductor Index down 5.8 percent at a fresh six-month low and the CSI AI Index down nearly four percent. "The market may stage a short-term rebound after the recent selloff, but a more sustained recovery could require further de-leveraging over the medium term as some crowded positions have yet to be fully cleared," analysts at Sinolink Securities said in a note. China's central bank said on Monday it had decided to establish a swap facility to provide emergency liquidity to non-bank financial institutions facing large-scale redemptions. "The establishment of such facilities to address large redemptions at non-bank financial institutions could keep short-term liquidity conditions accommodative," Huajin Securities analysts said in a note. Elsewhere, data released on Tuesday showed China's industrial profits grew at a faster pace in September, but the sectoral divide remained pronounced. Around the region, Asian stocks climbed as AI firm Anthropic's eagerly anticipated IPO filing lifted risk appetite ahead of tech earnings that will be a test for the AI trade, and central bank meetings that will influence near-term interest rates. In Tokyo, the tech-heavy Nikkei share average rebounded 1,078 points, or 1.73 percent, to close the day at 63,268 after paring an earlier gain of more than two percent. The broader Topix rose 24 points, or 0.61 percent, to 3,997. In Seoul, the Kospi closed up 168 points, or 3.09 percent, at 5,638 after rising up to 4.9 percent during the session. "The market may stage a short-term rebound after the recent selloff, but a more sustained recovery could require further de-leveraging over the medium term as some crowded positions have yet to be fully cleared," analysts at Sinolink Securities said in a note. China's central bank said on Monday it had decided to establish a swap facility to provide emergency liquidity to non-bank financial institutions facing large-scale redemptions. "The establishment of such facilities to address large redemptions at non-bank financial institutions could keep short-term liquidity conditions accommodative," Huajin Securities analysts said in a note. Elsewhere, data released on Tuesday showed China's industrial profits grew at a faster pace in September, but the sectoral divide remained pronounced, with the CSI Semiconductor Index down 5.8 percent at a fresh six-month low and the CSI AI Index down nearly four percent. (Reuters/Xinhua) Edited by Tony Sabine

Oct 27, 2026