HK stocks up as Asian markets get bout of AI jitters

RTHK - Oct 9, 2026

Asian stocks slipped on Friday and were poised for a second straight weekly drop as investors fretted about elevated energy prices, bond market ructions and the huge sums needed to fund AI investment. In Hong Kong, the benchmark Hang Seng Index opened up 155 points, or 0.65 percent, at 23,941 and was 239 points higher in early trading. The China enterprises index rose 46 points, or 0.58 percent, to 8,057 and the tech index was 11 points, or 0.29 percent, higher at 4,085. The Shanghai Composite Index opened down seven points, or 0.21 percent, at 3,804. The Shenzhen Component Index slipped 63 points, or 0.51 percent, to 12,557 while the ChiNext Index was 15 points or 0.5 percent, lower at 3,021. With South Korean markets closed for a public holiday, the Nikkei in Tokyo opened 393 points, or 0.57 percent, down at 68,648 and was 479 points lower at one stage before noon. The mixed market openings came soon after US President Donald Trump said the United States would not launch an attack on Iran before November's US midterm elections, although traders remained sceptical of any progress being made to end the war. "The big question for markets is whether Trump sticks to his word if...

Read full article

More News

White House blocks Microsoft from foreign worker hiring programme
Oct 8, 2026
White House blocks Microsoft from foreign worker hiring programme

An international visa programme has for years allowed US tech companies to hire highly skilled workers from abroad.

Judge Extends Pause on Trump’s Ban Against CNN, MS NOW and Politico
Oct 8, 2026
Judge Extends Pause on Trump’s Ban Against CNN, MS NOW and Politico

The judge overseeing the case said that the pause would extend until next week, and promised to decide whether to further extend it by Tuesday.

Protesters blame 'vulture funds' for Spain's housing crisis
Oct 8, 2026
Protesters blame 'vulture funds' for Spain's housing crisis

Hundreds have pitched their tents in central Madrid, while the Spanish prime minister has called a snap election.

Highest Mortgage Rates in 3 Years Chills the Housing Market
Oct 8, 2026
Highest Mortgage Rates in 3 Years Chills the Housing Market

The average 30-year fixed-rate mortgage rose to 7.4 percent, putting more pressure on Americans struggling to afford to buy a home.

Shifting Eating Habits Have PepsiCo Investors Seeking Operational Changes
Oct 8, 2026
Shifting Eating Habits Have PepsiCo Investors Seeking Operational Changes

Even though sales rose in the most recent quarter, the beverage and snack company is under increasing pressure to expand its business in North America, as consumers cut costs and calories.

How soon into dating do you talk about your salary?
Oct 8, 2026
How soon into dating do you talk about your salary?

You've met someone and it's going well so far. But bringing up how much you both earn can be a tricky conversation.

Trump’s White House Ban on CNN, Politico and MS Now: What to Know
Oct 8, 2026
Trump’s White House Ban on CNN, Politico and MS Now: What to Know

A judge temporarily blocked the president from barring journalists from White House grounds, but they are being excluded in other ways.

France Is Veering Toward a Potential Debt Crisis Amid Protests and Turmoil
Oct 8, 2026
France Is Veering Toward a Potential Debt Crisis Amid Protests and Turmoil

French bond investors are demanding sharply higher interest rates, a cautionary development for other high-debt countries.

6 Broken Bathrooms Force Flight to Make an Urgent Landing
Oct 8, 2026
6 Broken Bathrooms Force Flight to Make an Urgent Landing

An American Airlines flight was diverted to New York on Tuesday because of an “inadequate number of operational lavatories” — two, on a plane that normally has eight.

Can Bergdorf Goodman Return to Its Golden Age?
Oct 8, 2026
Can Bergdorf Goodman Return to Its Golden Age?

Bergdorf Goodman, which has survived two bankruptcies in six years, is getting back to its white-glove origins.

Plans to shut Marston's Brewery in Burton revealed
Oct 8, 2026
Plans to shut Marston's Brewery in Burton revealed

Burton-upon-Trent's links with beer and brewing date back centuries.

Residents win Curo service charge legal battle
Oct 8, 2026
Residents win Curo service charge legal battle

People living in a block of flats take their landlord to tribunal over a 300 per cent increase.

Marketers Log

Marketers Log is your personal Business & Finance news site to provide marketing or market-related news.

Newsletter