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Nov 6, 2026

Stable Labor Market Keeps Fed on Track to Raise Rates Gradually

Nov 6, 2026

Swings in Farm Areas Helped Propel Democrats to Victory

Nov 6, 2026

Global stocks plunge as fears over US AI slowdown spread to Asia and Europe

Nov 6, 2026

PM tells firms to publish salaries in job adverts ahead of new law

Nov 6, 2026

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Nov 6, 2026

After a $2.5 Trillion Wipeout, Tech Investors Brace for More Pain

A stock rally fueled in part by artificial intelligence is being tested after Democrats’ landslide election victories.

Nov 6, 2026

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Nov 6, 2026

What Does the Super El Niño Mean for Ski Season?

Nov 6, 2026

Elon Musk appears to signal the end of the road for Cybertruck

Nov 6, 2026

How does it affect me if share prices fall?

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What Homeowners Should Know About Home Equity Contracts

Financial tech firms promote home equity contracts as a source of money without monthly payments. But skeptics see “a loan masquerading as obligation-free cash.”

Nov 6, 2026

Nasdaq drops into correction territory — here’s what typically happens next

Nasdaq’s slide into correction territory puts its history of recoveries in focus. Here's what history shows.

Nov 6, 2026

Global Stocks Follow U.S. Sell-Off as A.I. Spending Fears Spread

Global markets were rattled after a deep U.S. sell-off on Thursday, but signs of a modest rally emerged at the end of a turbulent week for investors.

Nov 6, 2026

Stocks making the biggest moves premarket: Moderna, Airbnb, Cloudflare, Affirm & more

These are some of the stocks posting the largest moves premarket.

Nov 6, 2026

HK stocks slip as tech rout spreads to Asian markets

Mainland and Hong Kong stocks fell on Friday as a Nasdaq-led tech rout rippled across Asia and fuelled fears the AI boom is losing steam, although bargain hunting helped pare losses in markets across the border buoyed by Beijing's market-supporting measures. In Hong Kong, the benchmark Hang Seng Index ended 315 points, or 1.3 percent, in the red at 24,481 on turnover of HK$247.43 billion but registered a 5.1 percent weekly gain, its best since March 2025. The tech index fell 76 points, or 1.8 percent, to 4,078 but posted its best weekly gain since February 2025, advancing 8.6 percent, while the China Enterprises Index was 94 points, or 1.1 percent, lower at 8,274. Up north, the blue-chip CSI 300 Index dropped 1.4 percent but notched up a 1.7 percent gain for the week to snap a 12-week-long losing streak. The Shanghai Composite Index ended down 40 points, or 1.1 percent, at 3,649 on turnover of 772.63 billion yuan but broke a six-week losing streak to end the week 1.4 percent higher. The Shenzhen Component Index fell 295 points, or 2.57 percent, to 11,175 on turnover of 885.16 billion yuan while the ChiNext Index dived 101 points, or 3.96 percent, to 2,465 on turnover of 441 billion yuan. Tech sectors across Asia took a heavy blow after a steep selloff overnight in the United States wiped trillions of dollars off market value, as investors fretted that a Democratic sweep in the US midterm elections could bring tighter scrutiny of the AI sector. China's tech-focused Star 50 index and the AI index slumped up to 5.2 percent before paring some losses. Dong Baozhen, chairman of asset manager Lingtong Shengtai, said the overnight slump in US tech stocks meant the logic behind the AI-driven rally had crumbled. "The US stock market has been the standard-bearer and backbone of the global AI bull run. Now that backbone has snapped. Can AI bull markets elsewhere hold up on their own?" he said. Chinese AI hardware stocks with significant exposure to the US market were among the hardest hit. Zhongji Innolight, which makes optical transceivers for data centres and generates most of its revenue in America, slumped 9.2 percent to a one-year low. Rival Eoptolink Technology tanked 7.3 percent. Jason Hsu, founder and chairman of Rayliant Global Advisors, said China's sentiment-driven stock market was heavily influenced by AI stock performance in the United States. Technology stocks carry significant weight in China's stock market and "what people are really watching closely is whether AI in the United States is a bubble," he said, adding that any signs of a bubble bursting in the US "obviously will affect the Chinese market". Still, early panic selling drew in bargain hunters, helping trim losses after Beijing rolled out support measures and reiterated its commitment to preventing systemic risks. "The series of domestic support measures introduced recently should provide a degree of support within a trading range and help reduce the risk of a systemic downturn," said Ailsa Liao, senior analyst at Forthright Securities. Some analysts, however, cautioned that the measures might not be enough to insulate the market from external shocks. "I don't think China can completely escape the fallout from Wall Street, especially with selling this aggressive," said Pepperstone strategist Dilin Wu. In Tokyo, the Nikkei ended down 3,643 points, or 5.96 percent, at 57,434 for the day and 9.3 percent for the week, its worst in more than six years amid worries new political equations forming in the wake of the US midterms could weigh on AI development. The broader Topix lost 232 points, or 5.9 percent, with all 33 industry sectors sliding. In Seoul, the Kospi plunged 324 points, or 6.02 percent, to 5,059, a day after dropping 5.3 percent. The South Korean benchmark, down 11.7 percent for the week, has dropped 44 percent from its June peak but is still up 20 percent so far this year. (Agencies) Edited by Aaron Tam

Nov 6, 2026

Record 400-plus HK firms join Shanghai import expo

A record high of more than 400 Hong Kong businesses are taking part in the China International Import Expo in Shanghai hoping to use the event as a launchpad for entry into the mainland market. Among the first-time exhibitors is a Hong Kong accounting firm, which has seen a 30-percent surge over the past year in mainland clients seeking to expand overseas. Man Law, CEO of the firm's greater China division, told RTHK that venturing abroad was no longer just a trend, but a practical necessity for managing risks and driving growth. The expo, he said, is an ideal stage to highlight Hong Kong's role as a springboard for international growth, particularly through tax incentives. "Suppose you have set up an office and hired staff in Hong Kong," Law said. "When expanding into Southeast Asia or investing in other foreign markets, you can take advantage of the double taxation avoidance agreements signed between Hong Kong and many countries. "At their peak, tax savings could exceed 50 percent." Another first-time exhibitor is a craft brewery that is working up a thirst at the expo for its award-winning, Hong Kong-made beer. The brewery's marketing director said the brand aims to tap the mainland market, confident that its craft beers will be competitive as many mainland consumers have a strong appetite for Hong Kong products. The event has also drawn local academic institutions, including the Hong Kong Polytechnic University. PolyU vice-president Zheng Zijian said the university, which has established 12 research institutes on the mainland over the past three years for incubation programmes, has brought innovation projects such as robots and food technology to the expo. The institution, he stressed, has benefited from the mainland's comprehensive domestic industrial chain and robust support from local governments. “Our practice over the past few years is to take the path of deep integration with the mainland and contribute to integration with the country's talent, science and technology, and education,” Zheng said. Edited by Aaron Tam

Nov 6, 2026

HK, mainland markets feel rumble of Dem AI jitters

Mainland and Hong Kong stocks tumbled in early trade on Friday, tracking a global tech rout as fears of tighter AI regulation and a slowdown in the sector rattled investors. The benchmark Hang Seng Index fell 392 points, or 1.58 percent, to 24,404 while the artificial intelligence index was down some 7 percent. The China enterprises index was down 120 points, or 1.44 percent, at 8,248 while the tech index fell 129 points, or 3.11 percent, to 4,025. On the mainland, the Shanghai Composite Index opened down 77 points, or 2.11 percent, at 3,612 while the blue-chip CSI300 Index slipped 1.5 percent. The Shenzhen Component Index opened down 426 points, or 3.72 percent, at 11,044 while the ChiNext Index opened down 128 points, or 4.99 percent, at 2,438. Tech led the drop, with startup board Star 50 Index and AI Index both down more than five percent at the open before narrowing some of the losses. Overnight in the US market, the tech-led Nasdaq notched its deepest one-day drop since "Liberation Day" in April 2025, when US President Donald Trump announced sweeping tariffs. The drop wiped out trillions of dollars in market value on fears of more AI scrutiny after Democrats won big in US midterm elections. (Agencies) Edited by Aaron Tam

Nov 6, 2026

US tech sell-off hits stocks in Seoul and Tokyo

South Korea's benchmark Kospi stock index plunged more than 8 percent in early trading on Friday, triggering a circuit breaker as a sell-off led by chip and technology stocks pushed the index below the 5,000-point mark for the first time in nine months. The Korea Exchange (KRX) activated a 20-minute circuit breaker at 9.03am (0003 GMT), temporarily halting all stock and derivatives trading. The benchmark Kospi was down around 500 points, or 8.6 percent, at 4,923.47 as of 0026 GMT. "It is time for correction, but we feel that there may be some overreaction to the outcome of the midterm election," said Jun Kwang-woo, chairman of the Institute for Global Economics, a financial think tank in Seoul, "Hopefully we will stabilise very soon because after all, we understand that the speed of building AI infrastructure, especially data centres may slow down a bit because of the number of concerns in many states including Texas," said Jun, who is a former chairman of South Korea's National Pension Service. US stock markets suffered their worst single-day session in more than a year on Thursday, led by a sharp unwind in high-flying technology and semiconductor shares. Fresh uncertainly over policies on AI and data centres following the sweeping gains for the Democratic Party in the US midterm elections sent shockwaves across hardware and chip suppliers. Shares in South Korean chipmaker Samsung Electronics fell 10 percent, while peer SK Hynix lost 13 percent. Among other index heavyweights, battery maker LG Energy Solution slid 4 percent, while Hyundai Motor fell 6.9 percent and sister automaker Kia Corp declined 4 percent. Japan’s stock benchmark Nikkei tumbled more than 6 percent after trading opened on Friday. (Reuters) Edited by Robert Kemp

Nov 6, 2026

Stocks Erase Post-Midterm Elections Rally, Dragged Down by Tech

The S&P 500 slumped to its worst daily decline since April 2025 and the tech-heavy Nasdaq entered correction territory, as investors fretted about the durability of the A.I. build-out.

Nov 6, 2026

Bird Flu Death in Washington State Renews Concern Over the Virus

The death follows reports of infections in cattle on dozens of American farms across the country over the past month and a worrying outbreak in mink.

Nov 6, 2026

The engine parts that 'fight the laws of the universe'

Investment has surged into the making of jet turbine blades - an extremely difficult component to make.

Nov 6, 2026

'I was asked if I was a crier': Your worst job interviews revealed

Bad job interviews can be horrible to experience in the moment, but there is a lot they can teach us about the world of work

Nov 5, 2026

What Shaped Anthropic CEO Dario Amodei’s Thinking on A.I.

Some call him a doomer. Others see him as a responsible technologist. Here’s how the Anthropic chief executive’s thinking on artificial intelligence was shaped.

Featured News

Here’s the latest.

Stable Labor Market Keeps Fed on Track to Raise Rates Gradually

Swings in Farm Areas Helped Propel Democrats to Victory

Global stocks plunge as fears over US AI slowdown spread to Asia and Europe

PM tells firms to publish salaries in job adverts ahead of new law

Latest News

After a $2.5 Trillion Wipeout, Tech Investors Brace for More Pain

'I've taken an extra job to pay for heating oil'

What Does the Super El Niño Mean for Ski Season?

Elon Musk appears to signal the end of the road for Cybertruck

How does it affect me if share prices fall?

Interesting Read

Bird Flu Death in Washington State Renews Concern Over the Virus

The engine parts that 'fight the laws of the universe'

'I was asked if I was a crier': Your worst job interviews revealed

What Shaped Anthropic CEO Dario Amodei’s Thinking on A.I.

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Salon, a Pioneer of Digital Journalism, Shuts Down

Israel’s Election Ended With No Clear Winner. These Parties Are Trying to Form a Coalition.

New York Times Company in Advanced Talks to Acquire Letterboxd

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