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342 storiesUS 10- and 30-year Treasury yields hit 24-year highs as global bond sell-off deepens
Yields on 10- and 30-year U.S. Treasury bonds hit 24-year highs on Wednesday, with the 10-year reaching 5.36% and the 30-year 5.73%, as a global bond sell-off deepened. Yields eased later after a strongly bid $39 billion auction of 10-year …
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…
Hyundai launches 2027 Sonata The Edge with new Black N Line trim
Hyundai Motor launched the 2027 Sonata The Edge, an annual update of its mid-size sedan, on Oct. 7, adding a Black N Line design trim based on the top Inspiration grade with a black Hyundai emblem, black name lettering and 19-inch matte bla…
Jaguar unveils Type 01 electric GT in New York, priced from about $130,000
Jaguar revealed the Type 01, its first all-electric car and the production version of the Type 00 concept, at an event in New York City on Tuesday. The four-door grand tourer starts at about $130,000 in North America, a figure Jaguar confir…
Russian stock indices rise; MOEX up 1.43% at midday
Russian stock indices rose on 5 October, with the Moscow Exchange index up 1.43% from the previous close to 2,309.86 as of 12:00 Moscow time, according to Vedomosti. The RTS index rose 1.43% to 871.61 and exchange trading volume totalled 37…
ASUS unveils Zenbook 14 UX3480 line with Intel, AMD or Qualcomm chips
ASUS announced the Zenbook 14 UX3480 series, a 14-inch laptop line that lets buyers choose between Intel Core Ultra series 3, AMD Ryzen AI 300 and Qualcomm Snapdragon X processors. PC Watch reported the models go on sale in Japan from Octob…
Apple and LG Electronics jointly develop smart home devices under LG brand
Apple and LG Electronics are jointly developing smart home devices — a camera-equipped video doorbell, a smart door lock, a security camera and a smart temperature sensor and thermostat — to be sold under the LG brand, according to Bloomber…
US 10-year Treasury yield hits 5.362%, highest since 2002, as selloff resumes
On Oct 7 the US Treasury selloff resumed, with the 10-year yield rising to 5.362% intraday and the 30-year to 5.731%, both the highest since 2002, according to Yonhap. The move extends a record quarterly rise and is driven by inflation pres…
Turkey's Aselsan announces Astralink network of 198 low-orbit satellites
Aselsan CEO Ahmet Akyol said at the International Astronautical Congress in Antalya that Turkey is building Astralink, a low-orbit satellite constellation of 198 spacecraft, with the first launch planned within two years. Akyol said work be…
Amazon's Prime Big Deal Days Begin With Discounts on Apple Macs, AirPods and iPads
Amazon's fall Prime Big Deal Days sale is live, with early discounts on Apple products including AirPods Pro 3 at $179.00, down from $249.00, AirPods Max 2 at $429.00, and about $200 off most M5 MacBook Air models. Outlets also reported all…
China's central bank adds to 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) at the end of August, according to figures carr…
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 $190 ($…
Google and Unity to launch AI game platform Unity Spark later this year
Google and Unity announced a strategic partnership to launch an AI game platform for next-generation interactive entertainment. Google's experimental Playground is already live, letting users create playable games from natural-language prom…
India's central bank raises key rate to 5.5%, first hike in 3 years 8 months
The Reserve Bank of India decided on 7 October to raise its main policy rate by 0.25 percentage points to 5.5%, the first increase in three years and eight months. Governor Sanjay Malhotra cited a worsening Middle East situation, sharp swin…
Hoban Construction develops AI design tech to auto-apply per-unit buyer options
Hoban Construction said it developed AI-based design technology that automatically reflects apartment buyers’ option contract choices in each unit’s building information model (BIM). The technology was developed jointly with building and in…
Bank of Russia raises official dollar rate to 84.93 rubles for October 6
The Bank of Russia set the official dollar rate for October 6 at 84.93 rubles, up 1.45 rubles from 83.48 rubles on October 3, with the euro rising 1.01 rubles to 95.33 rubles and the yuan up 0.22 rubles to 12.65 rubles. RBC reported the rub…
JPX to cut TOPIX constituents from about 1,600 to 986 under new selection rules
Japan Exchange Group announced on Oct 7 that it will sharply reduce the number of companies in the TOPIX stock index, to 986 from 1,634, in a phased change running from late October to July 2028. A reassessment in October 2027 will decide w…
EU weighs safeguard limits on Chinese hybrid vehicle imports, Bloomberg reports
The European Commission is reviewing safeguard measures that would cap imports of Chinese hybrid vehicles and impose tariffs on volumes above that limit, Bloomberg reported, citing people familiar with the matter. Chinese hybrids now accoun…
New York stocks open mixed as 10-year Treasury yield holds near 5.3%
New York's main stock indices opened mixed on October 5, with the Dow Jones Industrial Average down about 0.27% as the 10-year US Treasury yield held around 5.3%, a level Asia Economy described as the highest in several years. The S&P 500 a…
Xbox says GTA 6 will not stream exclusively or to PC, after report of streaming deal
Xbox chief strategy officer Matthew Ball said Grand Theft Auto VI will not be streaming exclusively on Xbox, nor to PC, pushing back on an earlier report that Xbox had secured exclusive cloud streaming rights to the game. The Verge had repo…