Entrepreneurship

South Korean investors suffer US$1.7 billion losses from leveraged ETFs
Published Wed, Oct 7, 2026 · 12:56 PM[SEOUL] Retail investors have suffered an estimated 2.3 trillion won (US$1.7 billion) in cumulative losses from leveraged single-stock exchange-traded products tracking South...
South Korea, Hong Kong tech shares fall as Asian stocks decline despite Wall Street rally
MSCI’s Asia Pacific equities gauge drops 0.6% as the S&P 500 and Nasdaq 100 indices notch recordsPublished Wed, Oct 7, 2026 · 09:42 AM — Updated Wed, Oct 7,...
Musk’s SpaceX in talks to borrow US$40 billion to buy Nvidia chips
Firms are investing and borrowing billions to build and lease data centres that power AI systemsPublished Wed, Oct 7, 2026 · 09:07 AM[LOS ANGELES] Elon Musk’s SpaceX is in...
Apple’s smart home push includes doorbell, lock, thermostat co-developed with LG
Published Wed, Oct 7, 2026 · 07:50 AM[LOS ANGELES] Apple’s upcoming push into smart home devices will include a doorbell, thermostat and other accessories developed through an unusual partnership...
‘Legitimate concern’: JPMorgan CEO Dimon says Anthropic’s Mythos pushed cyber risk up 10 times
Published Wed, Oct 7, 2026 · 06:54 AM[NEW YORK] Anthropic’s Mythos artificial intelligence model has dramatically increased global cybersecurity risks, JPMorgan Chase chief executive officer Jamie Dimon said.Risks from...
S&P 500, Nasdaq reach record closing highs as focus pivots to earnings
Six of the ‘Magnificent Seven’ group of AI-linked firms advance; small-caps lag larger-capsPublished Wed, Oct 7, 2026 · 05:49 AM[NEW YORK] US stocks ended higher on Tuesday (Oct 6)...
Gold liquidity deep enough for Asian, Western hubs to coexist, Hong Kong and Singapore say
Published Tue, Oct 6, 2026 · 09:41 PM[SORRENTO, Italy] Global gold market liquidity is deep enough to support the growth of emerging Asian hubs alongside established Western trading centres,...
Scalability of digital assets hinges on ‘boring’ risk-management systems: summit participants
SGX’s chief risk officer says sound risk management is not necessarily at odds with innovation [SINGAPORE] The next stage of growth for digital finance will be determined by the ability...
Wall Street eyes record bonuses as profit heads past US$90 billion
Annual earnings would comfortably surpass last year’s record of US$65.1 billion, according to a reportPublished Tue, Oct 6, 2026 · 06:01 PMA BLOCKBUSTER year for New York’s trading and...
European shares rise to near one-week highs
Published Tue, Oct 6, 2026 · 04:32 PMEUROPEAN shares rose to near one-week highs on Tuesday (Oct 6), as Genmab led gains in healthcare stocks, while euro zone bond...
Hong Kong property developer New World seeks more time to pay bonds with exchange offer
The company has been grappling with tight credit conditions and a prolonged market downturnPublished Tue, Oct 6, 2026 · 02:58 PMNEW World Development launched a debt exchange offer on...
DeepSeek to raise at least US$12 billion in Tencent-backed funding
The funding round sets the stage for one of the most highly anticipated Chinese market debuts in yearsPublished Tue, Oct 6, 2026 · 01:49 PMDEEPSEEK is close to securing at...