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Citroen revives the 2CV for an electric age

Oct 11, 2026

The French firm is reinventing the classic model as carmakers come under pressure from Chinese rivals.

Ukraine strikes Yandex data centre in third attack on Russian tech giant

Oct 11, 2026

A Contagious Aversion to Overhead Lights

Oct 11, 2026

Three Mark Zuckerbergs, Three Surprisingly Different Men

Oct 11, 2026

San Francisco Is Still Pushing to Turn Offices Into Homes

Oct 11, 2026

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Oct 11, 2026

Charities and businesses wrestle with diesel cost

Cancer charity Daft as a Brush and Teesside Minibus Hire say they are struggling with pump prices.

Oct 11, 2026

Justice Dept. Is Investigating TV Networks Over Trump Pool Coverage

Oct 10, 2026

Clara Wu Tsai, the Billionaire Who Wants Brooklyn to Win

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Trump announces deal for Russian diesel as Zelensky calls it a gift to Putin

Oct 10, 2026

Money Box

Interesting Read

This Chinese memory chip maker has global potential and is poised to outperform

The stakes are rising for China's memory chip maker CXMT ahead of its earnings release, expected Oct. 31.

Oct 11, 2026

JPMorgan makes bullish call in fixed income space, suggests it's a once in a generation opportunity

Why Priya Misra, a portfolio manager at the firm, is looking to take credit risk in high-quality companies.

Oct 10, 2026

What’s Dragging Down A.I. Efficiency? The ‘Verification Tax.’

As artificial intelligence automates office tasks, it is also creating a new type of human work.

Oct 10, 2026

US stocks close higher ahead of earnings

US markets closed higher, with investors shifting their focus to next week, with third-quarter earnings season set to start and inflation data expected, which could shed light on the Federal Reserve's ⁠next policy decision. All three major US stock indexes advanced on the day, logging weekly gains. "It's the kind of back-and-forth market we've been in where we have the reversal of sentiment around Iran," said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. "With conflicting headlines coming out of the White House and parties in the Middle East, there's just no edge there." "That's why it's a fairly tepid rally," Mayfield added. Crude prices initially retreated after US President Donald Trump said the US will not launch any attacks on Iran before the midterm elections, adding that talks between Washington and Tehran aimed at ending the market-rattling Iran war were "productive." Front-month West Texas Intermediate oil and Brent crude ⁠both settled up 0.4 percent. Benchmark Treasury yields edged higher, but remained below Wednesday's 24-year high. Third-quarter ⁠reporting season begins in earnest next ⁠week, with big US banks Wells Fargo, Goldman Sachs, Citigroup, JPMorgan Chase, Bank of America and Morgan Stanley scheduled to release results. The mood of American consumers, who shoulder about 70 percent of the US economy, has soured this month, according to the University of Michigan, with near-term expectations deteriorating to an all-time low. The Dow Jones Industrial Average rose 423.31 points, or 0.83 percent, to 51,654.95, the S&P 500 gained 46.15 points, or 0.59 percent, to 7,811.54 and the Nasdaq Composite ⁠gained 172.83 points, or 0.64 percent, to 27,366.17. AI-related momentum stocks were generally higher, with the Roundhill Magnificent Seven ETF up 1 percent as the US bull market, largely driven by the AI boom, approaches its four-year anniversary. "Chips have been this year's story," said Michael Monaghan, portfolio manager at Founder ETFs in Dallas. "(It's) a multidecade technological change and just at the beginning of whatever's happening, not at the end." Elon Musk's SpaceX struck a deal to acquire a nationwide low-band spectrum portfolio, posing a direct challenge to US wireless companies. Telecom firms T-Mobile US , AT&T, and Verizon dropped between 8.8 percent and 13.3 percent. Apple slid 1.1 percent after a media report that the iPhone maker has told some suppliers to cut production of components for its newly launched iPhone 18 Pro and iPhone 18 Pro Max, as soaring memory chip costs and price increases dampen consumer demand. (Reuters) Edited by Robert Kemp

Oct 9, 2026

Stocks making the biggest moves midday: T-Mobile, Verizon, AT&T, Crown Castle, Teva & more

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

Oct 9, 2026

Wayne Lawson, Vanity Fair’s ‘Secret Weapon,’ Has Died

Working with Mr. Lawson, reporters said, was like taking a master class in writing: “He was a throwback to the old style of editing.”

Oct 9, 2026

Stocks making the biggest moves premarket: Delta Air Lines, SpaceX, T-Mobile, Humana & more

These are the stocks posting the largest moves premarket.

Oct 9, 2026

Blockchain.com seeks U.S. approval for prediction markets, crypto derivatives trading

Blockchain.com is seeking CFTC designation and registration to offer U.S. event contracts and cryptocurrency derivatives.

Oct 9, 2026

HK stocks punch up as internet plays regain ground

The mainland's blue-chip stock index edged up on Friday and closed the holiday-shortened week near its lowest level in more than a year as a selloff in AI-related supply chain shares ⁠deepened, while Hong Kong stocks rebounded on gains in internet companies. The benchmark Hang Seng Index rose 425 points, or 1.8 percent, to 24,211 on turnover of HK$209.2 billion. For the entire week, the index climbed 1 percent. The tech index rose 124 points, or 3.1 percent, to 4,197 but was still hovering near a two-year low while the China enterprises index ended the day 137 points, or 1.7 percent, higher at 8,147. On the mainland, the CSI300 Index ended 0.2 percent higher while the Shanghai Composite Index inched up one point to close at 3,813 on turnover of 888.56 billion yuan. For the week, the CSI300 was down nearly 1 percent and has fallen for nine straight weeks. The Shenzhen Component Index rose 20 points, or 0.17 percent, to 12,641 on turnover of 1.01 trillion yuan while the ChiNext Index was up six points, or 0.22 percent, at 3,043 on turnover of 492.05 billion yuan. The 5G ⁠Communication Index fell up to six percent to a ⁠two-month low. The tech-focused ⁠Star50 Index shed as much as four percent to a five-month low before closing roughly flat. Sentiment improved in ⁠the afternoon session, with turnover ‌in some key blue-chip and small-cap ETFs, such as Huatai-PB CSI300 ETF, reaching its highest in ‌nearly two months. Zhongji Innolight, a leading maker of optical transceivers, slid one percent while ⁠memory chip giant CXMT closed up one percent. China's stock benchmarks are near levels hit two years ago when a stimulus bonanza from Beijing lit up share prices ‌and boosted hopes for a slow bull run, which is now limping into a three-month downtrend. The coal index was up 1.4 percent while consumer staple shares gained 0.8 percent as investors rotated into more defensive ⁠and ‌traditional sectors to curb risk. In Tokyo, the Nikkei slipped 11 points, or 0.02 percent, to close at 69,030 as the benchmark limped to a weekly loss of 0.39 percent for the week and investors weighed prospects for the red-hot AI sector. The broader Topix gained 13 points, or 0.33 percent, to 4,104 on Friday. (Reuters & Xinhua) Edited by Edmond Fong

Oct 9, 2026

Oct 10, 2026

Featured News

Citroen revives the 2CV for an electric age

Ukraine strikes Yandex data centre in third attack on Russian tech giant

A Contagious Aversion to Overhead Lights

Three Mark Zuckerbergs, Three Surprisingly Different Men

San Francisco Is Still Pushing to Turn Offices Into Homes

Latest News

Charities and businesses wrestle with diesel cost

Justice Dept. Is Investigating TV Networks Over Trump Pool Coverage

Clara Wu Tsai, the Billionaire Who Wants Brooklyn to Win

Trump announces deal for Russian diesel as Zelensky calls it a gift to Putin

Money Box

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Money Box

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Trump Announces White House Inquiry Into Fed Governor Lisa Cook

Trump strikes deal with Putin on oil

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