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9/30
14:02
Mainland Chinese and Hong Kong stocks may face a challenging fourth quarter, according to analysts, who cite underwhelming stimulus measures from Beijing, tighter financial conditions in the US, and a shift in the narrative around the artificial intelligence trade. CCB International predicts the Hang Seng Index will trade between 22,500 and 26,000 over the next three months, with downside risks.
13:59
★★★★★Previous 0.9%Forecast 1.2%Actual 1.2% In line with forecast
13:59
★★★★★Previous 0.6%Forecast 0.4%Actual 0.4% In line with forecast
13:57
Buick, General Motors' premium brand, made its South Korean debut on Wednesday, unveiling the Electra E7 mid-size plug-in hybrid SUV, aiming to strengthen its presence in the local market. The model was launched at a media showcase held at Dongdaemun Design Plaza in Seoul, marking the official entry of the 120-year-old American brand into the South Korean market. Sales are scheduled to begin in November, with Buick joining Chevrolet, GMC, and Cadillac in GM's product portfolio in South Korea.
13:36
TSMC's capacity crunch opens door for Samsung's foundry business, despite Samsung's historical losses. According to industry estimates, Samsung's foundry business has been operating at a loss since 2022, though its financial picture is improving, with revenue rising 1.8% from the previous quarter.
13:36
AI's ability to generate endless tailored resumes is forcing businesses to rethink hiring strategies, with UK graduate employers receiving an average of 140 applications per vacancy in 2025, the highest in three decades. Recruitment experts note a shift towards skills-based hiring, focusing on direct assessment and practical exercises, rather than solely on employment history. Around two-thirds of UK organizations have adopted skills-based hiring, according to 2026 research from Michael Page.
13:33
Citizens of the tiny Pacific island nation express anxiety over being pulled into a geopolitical power game between the United States and China, citing concerns that the American military presence meant to protect them also spurs environmental threats.
13:20
Israeli opposition leader Yair Lapid has accused Prime Minister Benjamin Netanyahu of “fear-mongering” after Netanyahu warned of possible attacks by unspecified enemies before next month’s general election. Lapid dismissed the warning, stating there was “no reason to panic the public” and that elections would proceed on time, accusing Netanyahu of using military bases for campaign videos and ignoring prior warnings before the October 7, 2023 attacks.
13:11
Global bond yields, including those in Japan and the US, are facing persistent upward pressure, even as West Texas Intermediate (WTI) crude oil futures have fallen from recent peaks to trade around $90 per barrel on September 30. This rise is fueled by uncertainty over the conflict in the Middle East and resurfacing fiscal fears.
13:03
Natixis' latest China Corporate Monitor report shows that Chinese corporate profit margins remained stable at around 4.5% in the first half of 2026, but are still far below the nearly 9% seen among global peers. Return on capital was approximately 6% during the same period, compared to a global average of over 11%. The report notes that despite Chinese companies generally performing weaker than pre-pandemic levels, China is becoming a key beneficiary of the global artificial intelligence (AI) boom thanks to its ample electricity capacity.
12:33
Nikkei Asia reports that Taiwan is combining U.S. software and other technologies with its traditional shipbuilding expertise to manufacture maritime drones. This initiative aims to counter increasing pressure from China and enhance regional maritime security.
12:32
The White House is holding urgent discussions on a potential diesel export ban as midterm elections approach. The proposed ban faces lobbying pressure from major oil companies and top Republicans, who warn that high fuel prices could anger voters.
12:31
According to the Financial Times, while the world may not be on the eve of a debt disaster, major economies are facing shrinking room for manoeuvre.
12:31
The AI industry alliance announced commitments aimed at quelling data center backlash ahead of the midterm elections. The alliance, named "AI Infrastructure Alliance," includes tech giants such as Google, Meta, and Microsoft, and pledged to cover energy costs and minimize water consumption.
12:30
Porsche CEO Michael Leiters stated that the company is focusing on new internal combustion engine models, aiming to offer a "more balanced" product portfolio of electric and gasoline-powered vehicles. He emphasized that despite Porsche's commitment to electrification, it will not launch an electric version of the 911 sports car.
12:24
The Hong Kong Monetary Authority (HKMA) announced today that participating banks in the Intellectual Property (IP) Financing Sandbox have completed credit approvals for the first batch of seven pilot cases, covering industries such as electronics, construction, toy manufacturing, and medical equipment. Loan amounts range from HKD 1 million to HKD 39 million and will be used for working capital, business expansion, and market promotion. This initiative lays a practical foundation for Hong Kong's IP financing ecosystem.
12:20
HSBC on Wednesday named its stablecoin offering HSBC RedCoin, paving the way for Hong Kong’s biggest lender to make the coin available to the more than 3.3 million users of its PayMe app for money transfers, shopping and dining. The stablecoin would be offered only through PayMe and HSBC’s Hong Kong mobile banking app when launched before the end of the year. The bank expressed optimism about retail usage, citing a survey where 74 per cent of respondents recognised at least one use case for stablecoins.
12:15
Ultium Cells, the battery joint venture between LG Energy Solution and General Motors, announced on Monday that it will upgrade its Tennessee plant to produce a new generation of electric vehicle batteries aimed at reducing costs and increasing the energy density of future GM EVs. The plant is expected to be the first in the world to mass-produce lithium manganese-rich (LMR) prismatic batteries, which offer approximately 33% higher energy density than existing lithium-ion batteries.
12:09
South Korean cosmetics manufacturer Cosmax has filed a patent application for an AI model designed to predict the risk of alopecia areata, a condition causing patchy hair loss. The model was trained using approximately 22 million health screening records from South Korea and Japan.
12:03
OKX announced it will list Concrete (CT) for spot trading against USDT. Deposits for CT will open at Sep 30, 2026 04:00 UTC, followed by call auction from 9:00 to 10:00 UTC, and spot trading at 10:00 UTC on Sep 30, 2026. Withdrawals will open at 12:00 UTC. Concrete is described as an institutional-grade on-chain asset management platform aimed at making decentralized finance more accessible, efficient, and transparent.
11:58
Inox Clean Energy Ltd. has filed a draft red herring prospectus (DRHP) for an initial public offering (IPO) aiming to raise up to 100 billion rupees ($1 billion).
11:58
Rich Privorotsky, head of equity trading at Goldman Sachs, stated that rapidly rising real interest rates are compressing risk appetite. He estimates that pension funds may sell a total of approximately $33 billion in equities during month-end and quarter-end rebalancing, with $11 billion corresponding to monthly rebalancing and $22 billion to quarterly rebalancing. Additionally, Goldman Sachs' CTA model predicts that systematic managers may sell approximately $5.3 billion in Russell 2000 index futures over the next week.

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