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Rising cost of living tests UK's net zero ambitions

Nov 9, 2026

From floods to wildfires to heatwaves, 2026 is the year it became hard to ignore the impact of climate change on UK weather. But will soaring living costs affect the government’s commitment to tackling climate change?

How Indispensable Is Jensen Huang?

Nov 9, 2026

How a Bank Implosion in Paraguay Ensnared a President

Nov 9, 2026

Can My Company Force Me to Reveal My Personal Email Address?

Nov 9, 2026

What we know so far about Jensen Huang's affair with suspected Chinese spy

Nov 9, 2026

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Nov 9, 2026

Nvidia’s Stock Price Set to Drop After Investigation Into CEO Jensen Huang

The chipmaker’s size and significance to the A.I. trade means that Jensen Huang’s admission of a relationship with a suspected Chinese spy could reverberate across Wall Street.

Nov 9, 2026

China Rejects Espionage Claims Involving Nvidia C.E.O. Jensen Huang

Nov 9, 2026

Government's EV targets expected to be reduced this week

Nov 9, 2026

Senator Tells Google to Let Schools Disable A.I. Features in Search

Nov 9, 2026

A.I.-Generated Celebrity Ads Get an Assist From Terry Crews

Interesting Read

HK stocks slip as mainland steadies on policy pledge

Mainland stocks ended higher on Monday, tracking gains in regional peers, while Beijing called for more efforts to stabilise the market. In Hong Kong, the benchmark Hang Seng Index inched down 32 points, or 0.1 percent, to end the day at 24,448 on turnover of HK$173.71 billion. The tech index dropped 37 points, or 0.9 percent, to 4,040 while the China enterprises index fell 13 points, or 0.2 percent, to 8,260. On the mainland, the Shanghai Composite Index rose 11 points, or 0.32 percent, to close at 3,660 on turnover of 682.53 billion yuan while the blue-chip CSI300 index inched up 0.1 percent. The Shenzhen Component Index fell 30 points, or 0.27 percent, to 11,145, on turnover of 800 billion yuan while the ChiNext Index inched down six points, or 0.27 percent, to close at 2,458 on turnover of 402 billion yuan. Shanghai's tech-focused Star50 index gained 0.3 percent. Shanghai's gains followed a pledge by the State Council on Friday to improve mechanisms to stabilise the capital market and enhance the stock market's inherent stability, state television CCTV reported. "China's economic data and equity performance have again breached policymakers' pain threshold, prompting fresh equity market support measures," analysts at Societe Generale said in a note. "These may put a floor under sentiment, but sustained upside requires stronger corporate profits, hence better domestic demand and reflation – still elusive without more forceful fiscal support." China's producer inflation accelerated to its fastest rate in nearly four-and-a-half years in October as higher global oil prices raised manufacturing costs, even as consumer inflation cooled amid weak domestic demand, data showed on Monday. China's goods exports are expected to have surged by a third in October, a poll showed, a helpful offset to weak domestic demand even as a year-to-date trade surplus of more than US$1 trillion risks further antagonising trading partners. In Tokyo, the Nikkei advanced 1,340 points, or 2.33 percent, to close at 58,775, recouping part of Friday's six percent slump. The broader Topix climbed 110 points, or 2.97 percent, to 3,818. In Seoul, the Kospi closed down 40 points, or 0.81 percent, at 5,018, the benchmark's lowest level in nine months, in a choppy trading session led by a slump in battery makers while a rebound in chipmakers capped losses. The Kospi's losses came amid news that Nvidia chief Jensen Huang's daughter, Madison, cancelled a planned visit to Seoul for an Nvidia conference that was set to begin on Monday, according to companies she had been scheduled to meet. Her cancellation came as her father admitted on Sunday to having had an affair. Nvidia's shares tumbled more than six percent in Frankfurt trading, extending last week's selloff and pushing the stock to fresh multi-month lows. At those levels, the chipmaker stood to lose about US$270 billion from its closing price on Friday, according to LSEG Datastream. "The market's probably telling you now this does no favours to the stock whatsoever in a time when there's a lot of conjecture as to the build-out of data centres," said Chris Weston, head of research at brokerage Pepperstone in Melbourne. But Weston said he did not think Huang, whom he described as the "godfather of AI", would be replaced. "If we genuinely thought he was going to step down ... the stock would be down – it would be an absolute bloodbath, to be honest,” he said. (Agencies) Edited by Tony Sabine

Nov 9, 2026

Hong Kong must widen surgical robotics access: FS

Financial Secretary Paul Chan has urged the surgical robotics industry to move beyond proving technical precision and focus on widening access to care, as Hong Kong seeks to become a global hub for medical-device innovation. Speaking at the inaugural Surgical Futures Forum organised by Hong Kong-based surgical robotics company Cornerstone Robotics, Chan said the field had spent 25 years proving its technical capability. The next task, he said, was to broaden access so more surgeons could use robotic systems and more patients could benefit. "Design and cost remain major barriers. Today's mainstream systems are built for the best-resourced hospitals. Their price, their footprint and their training requirements limit where they can be installed and how widely they can be used," he said. "That helps explain why global penetration remains below five percent. If we believe innovation should serve humanity, progress in surgical robotics must mean more than better technology — it must mean reaching more patients because behind these barriers are countless people still waiting to benefit." Chan said the clearest sign of momentum came in September, when global medtech company Medtronic announced a strategic investment of about US$700 million in Cornerstone Robotics and secured distribution rights for Cornerstone’s surgical system in selected international markets. He described the commitment from a global medical-technology leader as a powerful endorsement of Hong Kong’s innovation sector. "This partnership shows that technology developed here can earn the confidence of industry leaders and, through collaboration, reach international markets," he said, calling it a milestone for both companies and another example of Hong Kong innovation going global. The finance chief also cited a Hong Kong-developed robotic platform now installed at a leading surgical training centre in Strasbourg, France, as evidence that the city’s medtech sector is ready to train surgeons from around the world. Beyond individual companies, he pitched Hong Kong as an end-to-end support system for medical-device innovation, spanning long-term patient capital, biotech fundraising, regulation, clinical data and cross-boundary trials. Edited by Tony Sabine

Nov 9, 2026

Chinese inflation spikes at plants and cools in shops

China's producer inflation accelerated to its fastest pace in nearly four-and-a-half years while consumer inflation cooled in October, data showed on Monday, reflecting persistent cost pressures from higher oil prices despite weak domestic demand. Global oil prices remained elevated during much of last month, raising costs for coal mining, oil and natural gas extraction processing, chemicals and other energy-intensive sectors, a key driver of producer-price inflation. Those upstream price pressures have yet to fully feed through to consumers amid soft demand conditions. The producer price index climbed by 5.7 percent from a year earlier, compared with a five percent increase in September, beating economists' forecasts for a 5.3 percent gain in a poll, data from the National Bureau of Statistics showed. The consumer price index rose by 0.7 percent year on year, after a 0.9 percent rise in September, to come in just below economists' expectations for a 0.8 percent increase. On a monthly basis, the CPI matched forecasts for an unchanged outcome after edging up 0.2 percent in September. While the world's second-largest economy grew faster than expected in the third quarter, buoyed by resilient exports, weak household demand has continued to constrain consumer spending. Ongoing trade tensions and an increasingly uncertain global outlook are also clouding the outlook for exports. External shocks are having a greater impact, while the imbalance between robust supply and weak domestic demand remains pronounced, said an official at China's state planner last month. China's struggling stock market, where AI-related stocks have tumbled from lofty valuations on concerns about AI demand and export restrictions targeting China, could further weigh on consumer spending. Core inflation, which excludes volatile food and energy prices, eased to 0.8 percent in October from one percent in September, offering a gauge of underlying price pressures in the economy. (Reuters) Edited by Tony Sabine

Nov 9, 2026

Hang Seng Index climbs amid tech caution

Asian markets and US equity futures made a steady start on Monday, wobbling into positive territory after a wild week in which doubts about demand for computer chips sent tech-heavy markets in Asia into some of their steepest falls in years. In Hong Kong, the benchmark Hang Seng Index opened up 143 points, or 0.59 percent, at 24,625. The China enterprises index was 51 points, or 0.62 percent, higher at 8,325 while the tech index rose 41 points, or 1.02 percent, to 4,119. Up north, the Shanghai Composite Index opened up nine points, or 0.27 percent, at 3,659. The Shenzhen Component Index rose 97 points, or 0.87 percent, to 11,273 while the ChiNext Index was 29 points, or 1.19 percent, up at 2,494. In Tokyo, the Nikkei opened 526 points, or 0.92 percent, higher at 57,960, and its gains gained momentum to put the 225 benchmark 1,946 points higher at one stage before noon. In Seoul, the Kospi was the odd one out, opening 25 points, or 0.5 percent, lower at 5,034 before nudging up to be 87 points in positive territory at one stage before lunch. Earnings reports due this week from US tech companies such as CoreWeave, Applied Materials and Cisco Systems are set to put the profitability of AI ambitions to the test amid the massive costs of the build-out. "The markets are far from being out of the woods yet," said Kyle Rodda, senior financial market analyst at Capital.com. "Following last week's midterm elections that have led to increased regulatory risk and an overall underwhelming earnings season that's seen Magnificent Seven companies miss earnings expectations, the momentum remains skewed to the downside." Elsewhere, Brent crude fell to US$97.49 per barrel after US President Donald Trump on Sunday said he was highly unlikely to order fresh attacks on Iran as long as talks to end the conflict progress. A blowout jobs report on Friday showed US employers added 165,000 jobs last month, more than twice economists' expectations and bolstering the case for the US Federal Reserve to raise interest rates in December. A US CPI reading due on Tuesday could further cement expectations for a hike next month. Market expectations for an increase of at least 25 basis points at the central bank's December meeting moved up to nearly 80 percent in the wake of the report, according to the CME FedWatch Tool. Comments from officials also supported views for a rate hike, with New York Fed president John Williams saying US economic growth has remained remarkably resilient in the face of successive shocks but inflation is too high and it is essential to bring it back to two percent. That helped the greenback to notch its biggest single-day gain in five months. The dollar index, which tracks the greenback against a basket of currencies of other major trading partners, last traded at 102.2. (Agencies) Edited by Tony Sabine

Nov 9, 2026

How a Duck Named Olivia Helped Pass D.C.’s Foie Gras Ban

Initiative 86, which bars the force-feeding of birds and the sale of foie gras, passed handily but restaurateurs and prominent chefs are preparing for a fight.

Nov 8, 2026

Why the prognosis for healthcare stocks is uncertain ahead of Congress’ new makeup

Healthcare stocks may struggle to find momentum as the Democrats get ready to take over Congress.

Nov 7, 2026

Berkshire Hathaway more than doubles buybacks in third quarter as earnings decline

Berkshire Hathaway said Saturday it accelerated its share repurchases during the third quarter, as operating and overall profits took a hit.

Nov 7, 2026

US markets close mixed as tech stocks push back

US technology stocks bounced back on Friday from their worst drubbing in more than a year, but the Nasdaq Composite Index posted a fourth consecutive weekly decline as investors sifted for clues about what comes next in the AI trade. Gains within technology were broadly shared, with the semiconductor index rallying and Nvidia, Advanced Micro Devices and Sandisk rebounding. The broad revival underscores investor faith in the AI buildout that has driven US stock indexes to dozens of record closes this year, despite a shakeout that began with a US long-term Treasury yield spike in August and the stock volatility of the past month. “We still think AI is the dominant theme in this bull market,” said Keith Lerner, chief investment officer at Trust Advisory Services in Atlanta. “We are still giving technology the benefit of the doubt.” The S&P 500 climbed 24.70 points, or 0.34 percent to end the session at 7,378.43. The Nasdaq gained 264.42 points, or 1.09 percent, to 24,579.42, while the Dow Jones Industrial Average declined 237.33 points, or 0.46 percent, to 51,285.73. Lerner said he views the selloff this week, which has taken the Nasdaq into correction territory denoting a 10 percent decline from its peak a month ago, as likely offering a longer-term buying opportunity for many investors. “AI has gone on trial several times in this cycle and come away with an innocent verdict,” said Adam Turnquist, chief cross-asset strategist for LPL Financial in Charlotte, North Carolina. Referring to the US midterm election results that spurred heavy selling in AI stocks, he said, “This week we saw a little bit of a knee-jerk reaction.” US nonfarm payrolls increased more than expected in October and the unemployment rate fell to 4.1 percent, suggesting the labour market remained resilient. Traders added to bets that the Federal Reserve could hike rates as soon as next month, with a 78 percent chance of a December move compared with a 70 percent chance seen earlier, according to LSEG. "Those are strong numbers,” said Joe Saluzzi, co-head of equity trading at Themis Trading in Chatham, New Jersey. But he asked, “Will the Fed want to raise interest rates in the face of a market which is teetering?" Tesla and SpaceX were among technology shares bouncing back from Thursday’s plunge. Among other stock movers, software firm Atlassian dropped after reporting first-quarter results. Airbnb climbed after the vacation rental platform raised its full-year 2026 revenue growth forecast. Oil prices were slightly lower, adding to bullish sentiment for riskier assets, and were on track for sharp weekly declines. The S&P 500 energy index was on track for a double-digit weekly percentage drop. (Reuters) Edited by Robert Kemp

Nov 6, 2026

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

With a lot of information to process in a short time, many market watchers said that the moves were extreme — in both directions.

Nov 6, 2026

Shoppers to Use Black Friday Sales to Stock Up on Essentials

Nov 9, 2026

Featured News

Rising cost of living tests UK's net zero ambitions

How Indispensable Is Jensen Huang?

How a Bank Implosion in Paraguay Ensnared a President

Can My Company Force Me to Reveal My Personal Email Address?

What we know so far about Jensen Huang's affair with suspected Chinese spy

Latest News

Nvidia’s Stock Price Set to Drop After Investigation Into CEO Jensen Huang

China Rejects Espionage Claims Involving Nvidia C.E.O. Jensen Huang

Government's EV targets expected to be reduced this week

Senator Tells Google to Let Schools Disable A.I. Features in Search

A.I.-Generated Celebrity Ads Get an Assist From Terry Crews

Interesting Read

Shoppers to Use Black Friday Sales to Stock Up on Essentials

Weil Gotshal Was Profitable. But Not Profitable Enough.

Is it the end of free school milk?

Nvidia launches investigation into CEO's affair with suspected Chinese spy

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What do we know about Nvidia CEO’s affair with a suspected Chinese spy?

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