Finance & markets, Consumer, AI, Energy
370 storiesBoston Dynamics names former Amazon AI executive Rohit Prasad as CEO
Boston Dynamics, described by Korean outlets as Hyundai Motor Group's robot affiliate, said it has appointed Rohit Prasad, a former Amazon executive who led work on the Alexa voice assistant, as its new chief executive. The company said the…
Korean court suspends market-cap delisting decisions; exchange halts two more exits
Seoul Southern District Court Civil Division 51 granted injunctions on Oct 2 suspending the Korea Exchange's delisting decisions against KOSPI-listed Joo Yeon Tech and KOSDAQ-listed KM Pharma until a main ruling. The court questioned the 45…
Trump announces “Super Intelligence Force” AI task force led by Jay Clayton
President Donald Trump announced Sunday the creation of a “Super Intelligence Force,” a federal task force he said will coordinate government efforts to keep the United States leading in artificial intelligence, which he has directed the fe…
France's Mistral releases largest open-weight AI model, Mistral Large 4
France's Mistral released Mistral Large 4, its largest open-weight AI model, nicknamed “Chonk”, on Oct 6 foreign local time, with general availability set for Oct 27. Users can download the parameters, or weights, and customize the model on…
Goldman Sachs warns Samsung volatility may spike on Oct. 8 events
Goldman Sachs said Samsung Electronics shares could swing sharply on October 8, when preliminary third-quarter results fall on the same day as semiconductor ETF rebalancing, options expiry and the end of a share buyback. The bank cut its th…
Hong Kong stocks open higher; Hang Seng up 1%, Alibaba gains about 2.9%
Hong Kong shares opened higher on 6 October, with the Hang Seng Index up 1% and the Hang Seng Tech Index up 1.02%, according to CLS, Yicai and 36Kr. Alibaba rose about 2.9% at the open, while Baidu and Meituan gained nearly 2%, 36Kr reporte…
OpenAI safety lead resigns, says company's safety culture is broken
David Robinson, who wrote the safety reports accompanying OpenAI's major model releases, has resigned and published an essay in The Atlantic saying the company's culture is "broken" and its approach to safety is reactive. He cited a July 20…
China's central bank raises gold reserves for 23rd straight month
China's gold reserves stood at 77.47 million ounces, or about 2,409.59 tonnes, at the end of September, up 740,000 ounces (about 23.02 tonnes) from 76.73 million ounces (about 2,386.57 tonnes) a month earlier, according to figures carried b…
Nikkei average recovers 70,000 level for first time in about three months
Tokyo's Nikkei average rose above 70,000 during trading on 5 October, the first time in about three months, as buying concentrated on semiconductor and AI-related shares. Nikkei reported the morning close at 70,037.61, up 1,728.15 points or…
KOSPI opens down 1.11% at 6,864.25; KOSDAQ falls 0.27%
South Korea’s KOSPI opened 77.14 points, or 1.11%, lower at 6,864.25 on 7 October, while the KOSDAQ opened down 2.47 points, or 0.27%, at 917.45. The benchmark index rebounded to 6,944.83 by 09:25 as individual investors bought, then fell b…
Euro falls to 17-month low against dollar on French fiscal concerns
The euro dropped to a 17-month low against the U.S. dollar, touching $1.1161 on Monday, its weakest since May 2025, as concerns over France's public finances and a sharp selloff in French government bonds drove investors toward the greenbac…
Moscow Exchange index rises above 2,300 points for first time since Sept. 25
The Moscow Exchange index climbed above 2,300 points in Monday trading on 5 October, the first time since 25 September, gaining about 1%. Interfax and RBC attributed the move to hopes of lower geopolitical risks and a continued negotiating …
Nasdaq closes at record high as AI stocks rally despite rising Treasury yields
US stocks rose on October 5 local time, with the Nasdaq Composite closing at a record high as technology and AI-related shares gained despite rising Treasury yields. Yonhap reported the Dow rose 0.18% to 51,267.90 and the S&P 500 gained 0.6…
Amazon’s October Prime Day runs October 6-8 as retailers cut prices early
Amazon’s October Prime Day, also called Prime Big Deal Days, runs from October 6 at 3AM ET through 3AM ET on October 8, with discounts already live, according to The Verge, NBC News and Wired. Wired listed Google Pixel Buds Pro 2 at $190 ($…
SpaceX seeks $40bn Apollo-led financing to buy Nvidia chips, reports say
SpaceX is seeking about $40bn in financing, led by Apollo Global Management, to buy Nvidia chips, according to reports citing people familiar with the matter. The company plans roughly $10bn in bank loans and $30bn in investment-grade bonds…
OpenAI publishes 722 AI-generated math manuscripts, sparking ethics debate
OpenAI has published 722 mathematics manuscripts, grouped into 372 result groups, produced by an unreleased internal frontier model, saying they solve or make substantive progress on hundreds of long-open problems. The release on GitHub inc…
Vitol CEO says Western countries have exhausted available oil stocks
Russell Hardy, CEO of Vitol, the world’s largest independent oil trader, said at the Energy Intelligence Forum in London that Western countries have exhausted the oil stocks available to them. He said the oil products market remains very de…
Bank of Russia publishes digital depository register including Sberbank, VTB
The Bank of Russia has published a register of digital depositories that includes Sberbank and VTB, and VTB was also entered in the register of organisations conducting digital currency exchange. VTB said it expects to open crypto trading t…
Amazon's October Prime Big Deal Days sale draws deal coverage from tech and business outlets
Amazon's October sale event, called Prime Big Deal Days or October Prime Day, was live as of October 6, 2026, with outlets publishing lists of discounted electronics, headphones, phones, tablets and games. The Verge said the event runs thro…
Nippon Ham to cut Schauessen pack weight by 10g, keeping price unchanged
Nippon Ham said it will reduce the contents of its flagship “Schauessen” sausages from 117 grams to 107 grams per pack for deliveries from October 1, leaving the reference retail price of 702 yen including tax for two bundles unchanged — an…