Money - Frontal Report

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What can I do to protect myself after 'Asos hacked' message?

Oct 6, 2026

Asos says people should not engage with the unauthorised notification and says it'll provide further information.

Amazon wins global rights to stream Emmys in six-year deal

Oct 6, 2026

From films to streaming prices - how the Warner Bros deal could affect you

Oct 6, 2026

Asos confirms hackers sent 'unauthorised' notification to app users

Oct 6, 2026

‘Digger,’ Warner Bros.’ Last Release Before Merger, Is a Major Flop

Oct 6, 2026

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Oct 6, 2026

Roll-out begins for passport-free airport e-gates

The system uses facial technology to check travellers against immigration and passport information.

Oct 6, 2026

How Trump’s Tariff War With Canada Ensnared the Can-Am Spyder

Oct 6, 2026

Paramount Closes Merger With Warner Bros. Discovery to Form Skydance

Oct 6, 2026

Paramount takes over Warner Bros in $110bn Hollywood merger

Oct 6, 2026

Emmy Awards Move to Prime Video in Six-Year Deal With Amazon

Interesting Read

Stocks making the biggest moves premarket: Constellation Energy, Option Care Health, Lennar, P&G and more

These are the stocks posting the largest moves in early trading.

Oct 6, 2026

HK, region mostly up as debt fears temper tech gains

Asian stocks mostly rose on Tuesday as a tech-led record on Wall Street was tempered by ongoing worries about a spike in government borrowing costs. In Hong Kong, the benchmark Hang Seng Index ended the day 240 points, or one percent, higher at 24,280 on turnover of HK$98.26 billion. The tech index was 39 points, or 0.9 percent, up at 4,223 while the China enterprises index advanced 77 points, or one percent, to 8,128. Oil held most of the losses seen in response to a G7 release of stockpiles, Saudi Arabia's price cut and a pick-up in Gulf exports to pre-war levels, though supply fears are keeping prices elevated. The US Nasdaq closed at a fresh peak thanks to rallies in tech giants including Nvidia, SpaceX and Meta, though observers pointed out that the market gains were increasingly concentrated on a few stocks. Asia struggled to match the positive energy on Wall Street in the morning but picked up as the day progressed. In Tokyo, the Nikkei ended up 737 points, or 1.05 percent, at 70,683 as a morning advance accelerated in the afternoon session after strong demand at a closely watched sale of 10-year Japanese government bonds allayed worries about the debt market. The broader Topix climbed 38 points, or 0.92 percent, to 4,183. In Seoul, the Kospi closed down 62 points, or 0.89 percent, at 6,941 as chipmakers declined ahead of Samsung Electronics' earnings later in the week. Still, there remains plenty of uncertainty among traders over the Middle East crisis, which has fanned energy costs and in turn pushed inflation higher – putting pressure on central banks to hike interest rates. This has pushed government bond yields up to levels not seen for decades. Analysts have pointed out that the race to build out AI data centres, servers and chips has compounded that problem, with tech titans no longer able to rely on their vast piles of cash. Borrowing by firms including Google, Amazon and Microsoft hit around US$500 billion in the nine months since January, and Goldman Sachs expects a further ramp-up in 2027, to US$1.2 trillion. "This is not something that we've seen before," said Chris Della Fave, senior vice president at fundraising advisory firm Post Oak Group, who estimates that AI now accounts for 25 percent of all corporate bond issuance – up from four percent two years ago. Oil prices sank to extend Monday's drop, with Brent back below US$100. However, Saudi Aramco's chief executive Amin Nasser – speaking after the G7 release – warned over global stockpiles. "The system is already straining," he told the Energy Intelligence Forum in London. "And with precious little else the world can turn to, the supply resilience cushion is scarily thin." Middle East oil exports, excluding Iran, surpassed their pre-war levels last week despite attacks on ships in the Strait of Hormuz, according to data from the maritime tracking firm Kpler. But Nasser warned on Monday against looking at headline figures for reserves, noting that "less than 10 percent" were available. (Reuters) Edited by Tony Sabine

Oct 6, 2026

Goldman: Diesel prices set to stay high through 2027 as refineries struggle to meet demand

Goldman Sachs says tight refinery capacity could keep diesel prices elevated through 2027, with high margins needed to curb demand and rebuild inventories.

Oct 6, 2026

Apec finance ministers to meet in Hong Kong

Chief Executive John Lee on Tuesday said the government would work to deliver a high-quality experience for all participants at the upcoming Asia-Pacific Economic Cooperation (Apec) Finance Ministers' Meeting, which will be held in Hong Kong between October 20 and 21. Lee said the Ministry of Finance in Beijing was handling the registration and accreditation of participants, and that the meeting would be co-organised by the SAR government and the ministry. The meeting will build on discussions from other Apec financial meetings and cover topics including global and regional macroeconomic conditions, fiscal policies to support people's livelihoods and digital infrastructure financing. The ministry will arrange hotel accommodation, transport and reception services in line with Apec guidelines, Lee said, adding that the SAR government would assist delegations with their registration procedures and work closely with the ministry throughout the process. The chief executive thanked the central government for its trust in the SAR government in hosting the event. Edited by Tony Sabine

Oct 6, 2026

HK stocks climb on back of tech optimism, oil retreat

Asian stocks rose on Tuesday after a tech-fuelled rally lifted the Nasdaq to a record close, with a retreat in oil prices offering further support even as longer-dated Treasury yields hovered near multi-decade highs. In Hong Kong, the benchmark Hang Seng Index climbed 239 points, or one percent, higher to open at 24,279. The tech index was up 42 points, or 1.02 percent, at 4,226 while the China enterprises index rose 79 points, or 0.99 percent, to 8,131. The benchmark's gains came as the euro languished near 17-month lows after briefly touching US$1.116 overnight, pressured by mounting fiscal concerns in France. Investors dumped French government bonds after an underwhelming budget, while political uncertainty deepened after Spanish Prime Minister Pedro Sanchez called a snap election. Brent crude was little changed at US$100 a barrel after losing 1.9 percent overnight as exports from the Middle East increased and the Group of Seven nations pledged to boost supplies. With mainland indices still closed for the National Day Golden Week holiday, the Nikkei in Tokyo inched up eight points, or 0.01 percent, to open at 69,954 before accelerating its upward trajectory to 256 points at one stage before lunch. In Seoul, the Kospi opened almost 41 points, or 0.58 percent, at 7,044 before trending down to be 20 points lower at one stage before noon. Nasdaq futures edged up 0.2 percent and S&P 500 futures rose 0.1 percent. The Nasdaq notched up a record close overnight, buoyed by softer-than-expected jobs data that dampened expectations for a rate hike from the Federal Reserve this month. AI heavyweight Nvidia climbed 2.1 percent, reaching a record-high close and ⁠boosting its market value to US$5.76 trillion. "The rally in the market was tech led once again, with ⁠the marginal easing of interest rate uncertainty along with a slight moderation in geopolitical risk allowing market participants to focus on the extraordinary earnings growth being delivered by AI names," said Kyle Rodda, a senior analyst at Capital.com. The third-quarter earnings season kicks off next ⁠week. Goldman Sachs estimated consensus forecasts point to 27 percent growth in S&P 500 earnings last quarter, with more than half that growth from companies benefiting from AI infrastructure spending. The relentless climb in US Treasury yields continued even as markets scaled back bets for an interest rate rise this month from the Federal Reserve to just 23 percent from 71 percent a week ago, after top policymakers stressed the need for more data before tightening again. US 10- and 30-year Treasury yields hit fresh 24-year highs overnight, capping a steady climb since mid-August driven by inflation and debt concerns. An ISM survey showed a measure of prices paid by services businesses for inputs jumped to the highest level in more than four years. The 10-year Treasury yield was steady in Asia at 5.3089 percent, after climbing three basis points overnight to hit 5.3493 percent, the highest since 2002, while 30-year yields held at 5.6622 percent having briefly reached 5.7029 percent overnight. (Reuters/Xinhua) Edited by Tony Sabine

Oct 6, 2026

Tech heavyweights push Nasdaq to record high close

The Nasdaq notched a record high close on Monday, lifted by Nvidia and Microsoft, as investors focused on a dip in oil prices and looked ahead to quarterly earnings reports. It was the Nasdaq's second day of ⁠sharp gains after weaker-than-expected jobs data on Friday dampened expectations for an interest rate hike from the US Federal Reserve at its policy meeting this month. The S&P 500 rose and was about 0.3 percent below its August 13 record high close. AI heavyweight Nvidia climbed 2.1 percent and also reached a record-high close, boosting its stock market value to US$5.76 trillion. Microsoft added 1.5 percent, while Meta Platforms and Tesla gained about 2 percent each. The Nasdaq's previous record high close was on September 22. Oil prices slipped after crude exports from the Middle East increased and the Group of Seven nations pledged to boost supplies. "With the economic data calendar being light and earnings about a week away, investors are really groping for anything positive to grab onto, and clearly they're looking at lower energy prices," said Art Hogan, chief market strategist at ⁠B Riley Wealth. Third-quarter earnings season kicks off next week with reports from large US banks. Analysts on average see S&P 500 earnings jumping over 30 percent year over year, thanks largely to AI-related stocks, according to LSEG data. Following jobs data on Friday that showed US job growth slowed more than expected in September, traders see a 24 percent chance of an interest rate hike at the Fed's October meeting, down from a 70 percent chance a week ago, according to CME's FedWatch tool. The Nasdaq rose 1.1 percent, to 27,477, the S&P 500 rose 0.7 percent, to 7,773, while the Dow rose 0.2 percent, to 51,267. (Reuters) Edited by Cecil Wong

Oct 5, 2026

House Democrat targets candidate prediction market trades after opponent’s Kalshi penalty

A new bill bans federal candidates from trading prediction market contracts related to their own elections and would result in a fine if violated.

Oct 5, 2026

Nashville Symphony Receives $10 Million Lifeline From Oracle

The symphony announced last week that it was pausing the rest of the season after disclosing financial trouble. The concerts are back on now, thanks to a tech company gift.

Oct 5, 2026

Brazilian stocks jump as Bolsonaro now seen as heavy favorite to win presidency

The moves come after the first round results of Brazil's presidential election on Sunday. Bolsonaro will face incumbent Lula da Silva in a runoff on Oct. 25.

Oct 5, 2026

Oct 6, 2026

Trump Allows Cheaper, Dyed Diesel to Be Used in Nonfarm Vehicles

In Nebraska, President Trump signed an executive order to waive an off-road requirement for the fuel, which is exempt from the federal highway tax.

Oct 6, 2026

U.S. Trade Deficit Hits 17-Month High Despite Trump’s Tariffs

Imports and the trade deficit have ballooned in recent months, defying the Trump administration’s efforts to reduce it through tariffs.

Oct 6, 2026

NHS supply lorry drivers to strike in pay dispute

Drivers who deliver medical equipment to hospitals across England reject a 4% pay increase.

Oct 6, 2026

A New Open-Weight Challenger to Anthropic, Reflection, Emerges

Reflection AI, a start-up backed by Nvidia, unveiled an open-weight artificial intelligence model meant to compete with Chinese tools — and other U.S. ones.

Featured News

What can I do to protect myself after 'Asos hacked' message?

Amazon wins global rights to stream Emmys in six-year deal

From films to streaming prices - how the Warner Bros deal could affect you

Asos confirms hackers sent 'unauthorised' notification to app users

‘Digger,’ Warner Bros.’ Last Release Before Merger, Is a Major Flop

Latest News

Roll-out begins for passport-free airport e-gates

How Trump’s Tariff War With Canada Ensnared the Can-Am Spyder

Paramount Closes Merger With Warner Bros. Discovery to Form Skydance

Paramount takes over Warner Bros in $110bn Hollywood merger

Emmy Awards Move to Prime Video in Six-Year Deal With Amazon

Interesting Read

Trump Allows Cheaper, Dyed Diesel to Be Used in Nonfarm Vehicles

U.S. Trade Deficit Hits 17-Month High Despite Trump’s Tariffs

NHS supply lorry drivers to strike in pay dispute

A New Open-Weight Challenger to Anthropic, Reflection, Emerges

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Economy News

These Taste Testers Have Four Legs and Picky Palates

The Hidden Policies That Power China’s Export Boom

Battle Between Disney and the F.C.C. Moves to the Courts

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