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OpenAI CEO Sam Altman wins dismissal of sister's lawsuit

Oct 20, 2026

A US district judge dismissed the case after Ann Altman had refused to attend an independent medical examination.

Trump sued over Canadian tariffs in latest legal challenge

Oct 20, 2026

Google resolves cloud outage affecting UK banks and websites

Oct 20, 2026

Heading to France? Amid Recent Unrest, Here’s What to Know

Oct 20, 2026

UK government to make Jackdaw gas field announcement

Oct 20, 2026

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Oct 20, 2026

Knicks Ticket Prices Are Soaring After Last Season’s Championship

Knicks tickets have never been cheap, but prices for the first game alone are soaring after last season’s championship — more than a trip to Paris.

Oct 20, 2026

Investors in Anticipation Over Musk’s Next Big SpaceX Deal

Oct 20, 2026

Paddy Power cuts 1,400 jobs and blames betting tax rises

Oct 20, 2026

Trump Announces $8 Billion Plan to Cover Farm Losses

Oct 20, 2026

Trump Tariffs on Canada Spark Latest Lawsuit Over Trade Powers

Interesting Read

Stocks making the biggest moves midday: Hasbro, Northrop Grumman, Equifax, General Motors & more

These are the stocks posting the largest moves midday.

Oct 20, 2026

Stocks making the biggest moves premarket: RTX, General Motors, Northrop Grumman, Steel Dynamics & more

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

Oct 20, 2026

HSBC CEO warns the AI boom won’t make every data center a good bet

Data center campuses house the servers that power AI and cloud computing.

Oct 20, 2026

The world’s finance chiefs see new risks — and less China angst

Debt, AI and Ukraine dominated the conversation at the IMF-World Bank meetings in Bangkok, while China, the focus in 2018, slipped into the background.

Oct 20, 2026

Tech caution holds HK, region back as key results loom

Asian stocks retreated broadly on Tuesday while oil rose as geopolitical risks rattled sentiment ahead of key results from AI bellwether companies. In Hong Kong, the benchmark Hang Seng Index opened down 196 points, or 0.81 percent, at 23,990. The China enterprises index was 49 points, or 0.61 percent, lower at 8,078 while the tech index slipped 52 points, or nearly 1.3 percent, to 4,055. On the mainland, the Shanghai Composite Index inched down 12 points, or 0.33 percent, to 3,718. The Shenzhen Component Index fell 43 points, or 0.36 percent, to 11,774 while the ChiNext Index edged down 13 points, or 0.5 percent, to 2,732. The dollar held firm against the euro as riots in France fuelled demand for safe-haven assets. Crude prices resumed their climb as markets weighed an executive order from US President Donald Trump that waived some sanctions and tariffs on Russian energy. The spotlight now turns to corporate earnings, with investors seeking fresh evidence that consumers and the broader economy remain resilient. Results are due from Meta on Wednesday and later in the week from Tesla and chipmakers Lam Research and Texas Instruments. "The market is happy to cover shorts and unwind defensive trades, but that's very different from having the conviction to rebuild aggressive exposure to AI," Chris Weston, head of research at Pepperstone, said in a note. "French sovereign risk is clearly being priced into European equities, but the euro's resilience suggests traders aren't yet treating it as a systemic European problem." Meta is one of five AI hyperscalers expected to increase combined capital expenditure to about US$1.2 trillion next year, according to Goldman Sachs. Results from SpaceX are also due on Tuesday. "The dominance of technology hardware in driving earnings growth and equity price appreciation means expectations are high, with the sector globally forecast to see a doubling of earnings compared to the same quarter a year ago," Daniel Morris, chief market strategist for AXA IM Core Investments at BNP Paribas Asset Management, said in a note. "For emerging markets, it is twice that." In Tokyo, the Nikkei fell 161 points, or 0.25 percent, at 64,755, dragged lower by technology stocks, before being 371 lower at one stage before noon. In Seoul, the Kospi opened 34 points, or 0.6 percent, lower at 5,733, with chipmakers dropping on concerns over AI investment, before slipping down further to be 136 points down at one stage before lunch. (Reuters/Xinhua) Edited by Tony Sabine

Oct 20, 2026

HK to showcase its development at Apec meeting: CE

Chief Executive John Lee on Tuesday said Hong Kong would make use of the Apec Finance Ministers’ Meeting to showcase its comprehensive development. Delivering a speech at a Greater Bay Area-themed summit, he said the two-day meeting – that is being staged in the SAR for the first time – is of great significance for the city to leverage its financial strengths. “Hong Kong will leverage the high-level international platform of the Finance Minister’s Meeting, to draw on its experience as an international financial centre to showcase to 21 Apec member economies, finance officials, representatives of international groups, as well as the wider international community, our comprehensive development in areas including the economy, finance and society," he said. "We will also introduce Hong Kong's advantages as a centre city in the Greater Bay Area that connects national and international opportunities.” The CE thanked Beijing for its recognition of the city’s status as an international financial centre, allowing it to host the event ahead of the main summit – the Apec Economic Leaders' Meeting – in Shenzhen next month. This is of great significance for Hong Kong to serve China's year in Apec, he added. The Apec Finance Ministers’ Meeting will kick off in Wan Chai on Tuesday. Edited by Tony Sabine

Oct 20, 2026

Gilbert Bigio, Haitian Tycoon Linked to Gangs, Dies at 91

Reportedly the wealthiest man in the poorest country in the Western Hemisphere, Gilbert Bigio was sanctioned for ties to criminal gangs. He was 91.

Oct 20, 2026

US stocks rebound while Europe falls on unrest

The Nasdaq rose more than 1 percent on Monday as tech shares rebounded ahead of a big week for AI-related earnings, while European stocks and the euro fell as unrest in France added to concerns about the country's fiscal outlook. French bonds and Paris-listed stocks also fell as the widespread protests across France underscored the difficulties the government faces in reducing its large deficit. France's central government asked some local authorities to impose curfews as it faced pressure over security failings on Monday, after looting stemming from the protests. Tech stocks on Wall Street recovered some ground after a bruising week, with an index of semiconductors up 1.6 percent. On Friday, the index sank in its eighth straight day of declines, its longest losing streak since 2008. With results due from Meta on Wednesday, and results from Tesla and chipmakers Lam Research and Texas Instruments also due this week, investors will be watching for signs that massive AI spending ultimately pays off. "Investors are buying the correction dip that we had," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. "The market is now going to go through a very critical test over the next two weeks. We have some big-name earnings coming out," he said. "In terms of technology, the test of whether or not the spending on AI... will be met with satisfaction is going to be critical." The Dow Jones Industrial Average fell 36 points, or 0.1 percent, to 51,966, the S&P 500 rose 31 points, or 0.4 percent, to 7,690 and the Nasdaq Composite rose 290 points, or 1.1 percent, to 26,430. Meta is one of five AI hyperscalers expected to increase combined capital expenditure to about US$1.2 trillion next year, according to Goldman Sachs. Results from SpaceX are also due on Tuesday. Overall, US earnings are still expected to rise about 30 percent, largely driven by growth in the technology sector. US Treasury yields rose on Monday, with the benchmark 10-year Treasury yield coming off its biggest weekly drop in seven months, as concerns about the impact of higher interest rates on AI stocks abated. The yield on the benchmark US 10-year Treasury note was up 4.2 basis points at 5.14 percent. The pan-European STOXX 600 index fell 0.8 percent, while France's blue-chip CAC 40 index dropped 1.1 percent. France's 10-year yield earlier was up 13 basis points to 4.9 percent while the German 10-year yield, the benchmark for the euro zone, was also higher. (Reuters) Edited by Cecil Wong

Oct 19, 2026

Elizabeth Holmes Documentary ‘You Can See Everything’ Opens to Over 2,000 Sold-Out Shows

“You Can See Everything,” a documentary about the Theranos founder, made a big splash for a movie not yet in wide release. And Netflix had a box office milestone.

Oct 19, 2026

Union attacks NatWest plans to get workers back to the office

Oct 20, 2026

Featured News

OpenAI CEO Sam Altman wins dismissal of sister's lawsuit

Trump sued over Canadian tariffs in latest legal challenge

Google resolves cloud outage affecting UK banks and websites

Heading to France? Amid Recent Unrest, Here’s What to Know

UK government to make Jackdaw gas field announcement

Latest News

Knicks Ticket Prices Are Soaring After Last Season’s Championship

Investors in Anticipation Over Musk’s Next Big SpaceX Deal

Paddy Power cuts 1,400 jobs and blames betting tax rises

Trump Announces $8 Billion Plan to Cover Farm Losses

Trump Tariffs on Canada Spark Latest Lawsuit Over Trade Powers

Interesting Read

Union attacks NatWest plans to get workers back to the office

A ‘Doom Loop’ Threatens France as Populism Confronts Markets

Bereaved families could face 'unjust' tax bill after civil service pension delays

Jobless rate falls but small firms cut back hiring

Business News

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£30 rise in payments for crisis-hit households

'I'm fed up of swiping': The singles choosing dating events over apps

Chancellor rejects calls to raise Capital Gains Tax in Budget

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