Page 2 - Bloomberg/reuters

What Asian stock investors need to watch ahead of US midterm elections

A Democratic sweep of both chambers of Congress would likely bring greater scrutiny of the AI industry and data-center buildout

Binance crypto exchange's $6.3 bn heist rattles crypto, draws scrutiny

The US agencies are coordinating with private-sector partners to assess the breach and recover stolen funds, while Binance pledged to cover all losses

US probing possible North Korean link to $6.3 bn Binance hack: Trump

The US president said Washington was investigating whether North Korean hackers were behind the record cryptocurrency theft, as Binance said about $3 billion of the stolen assets had been frozen

Binance hack exposes unsolvable crypto risk: Billions can vanish overnight

The record-breaking theft has shaken confidence in cryptocurrency infra, with Binance and its partners freezing billions of dollars in assets and pledging to reimburse customers for their losses

Apple overtakes Nvidia to become world's most valuable company at $5.03 trn

Apple's market value edged past Nvidia's as concerns over returns from heavy AI infrastructure spending weighed on technology stocks, while the iPhone maker's shares have gained 27 per cent in 2026

China's factory activity eases in October, manufacturing PMI falls to 49.3

The official manufacturing PMI slipped from 50.1 in September, missing economists' forecast of 49.9, while the non-manufacturing index fell to 49.7, adding pressure on Beijing to support growth

Google in talks with Pentagon to join Trump's Golden Dome defence programme

The Pentagon is standing up a new industry group that aims to secure the data that feeds into military software being built for Golden Dome

US appeals court rejects Trump's bid to set aside 20,000 California votes

A 2-1 ruling denied the administration's request to block disputed ballots from being counted until voters' citizenship status is verified ahead of the midterm elections

Mumbai's coastal edge fades as air pollution levels surge sharply

The surge puts the metropolis on track for its sharpest deterioration in air quality during the post-monsoon transition since at least 2019

Microsoft's $25 billion blowout bond puts it in AI winners' circle

The software giant, and one of the premier AI hyperscalers, drew more than four times demand for its 10-part debt sale Thursday

Credit swaps for tech companies reach records amid supply concerns

In the credit derivatives market, the cost of protecting Broadcom Inc.'s debt against default for five years rose by about 10 basis points to 175.4 basis points a year

Big tech's $750 billion AI bet faces strain with slowing core growth

The earnings reports and the ensuing stock selloffs expose the tensions escalating over big tech's transition to new AI-powered products, and the spending required to get there

AI firm AM Intelligence seeks $3 billion financing for Nvidia chips order

The funding package for the company, established by the founders of renewable energy producer Greenko Group Plc, could comprise of bonds and bank loans

Israel seeks election probe after Netanyahu alleges Arab vote rigging

Israel's election watchdog has sought a probe into alleged foreign interference after Netanyahu questioned high Arab voter turnout, as his bloc fell short of a parliamentary majority.

Alphabet loses over $500 billion in market value as AI hits Google search

Alphabet lost over $500 billion in market value as weaker-than-expected search and advertising sales raised concerns over AI's impact on Google's core business and soaring infrastructure costs.

Microsoft eyes to raise at least $25 billion in first US bond since 2017

Microsoft is seeking to raise at least $25 billion through its first US bond sale since 2017, testing investor appetite for AI-linked debt amid rising borrowing costs and spending concerns.

Banking assets in GIFT City jump 60% to $193 bn in 3 months as credit grows

Growth in credit markets, foreign currency deposits, and external commercial borrowings has boosted banking assets at India's international financial hub as it competes with Singapore and Hong Kong

Jio's strong market debut boosts confidence in India's IPO pipeline

With 113 companies cleared to list and another 115 having filed draft papers, Jio's debut could encourage large offerings from firms including PhonePe, Flipkart and Hindustan Coca-Cola Beverages

Taiwan suspects China behind Pakistan's brief airspace ban for its airlines

Taiwan's Deputy Foreign Minister Chen Ming-chi said Pakistan's move sent a dangerous message, as Taiwanese commercial flights resumed over the country on Thursday after permits were approved

Student enrolment in US computer science programmes falls as AI takes jobs

Undergraduate computer science enrolment fell over 12% and postgraduate numbers more than 10% this autumn, with declines over two years reaching 18.4% and 27.1%, respectively