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Citi Raises AMD Target to $800 on Meta Muse CPU Boom, October 7
Citi analyst raises AMD price target 39% to $800 after Meta Muse launch. CPU market seen expanding to $300B by 2030. AMD stock hits record high at $649.42.
EU Proposes Eight New Members by 2028; Germany Pumps Brakes on Expansion
EU Commission proposes admitting eight new member states by 2028, but Germany, France, and others demand strict safeguards. Montenegro could join by 2028, Ukraine by 2030.
ASOS Stock Plunges 9.6% After Hackers Send Ransom Demand via App
ASOS shares fell 9.6% after hackers sent a ransom demand via push notification to app users, claiming access to basic customer information including names and contact details.
Citi Tops Global IPO Underwriting, Overtakes Goldman Sachs in 2026
Citigroup takes top spot in global IPO underwriting through September 2026, ahead of Goldman Sachs, after advising on SK Hynix $26.5B and SpaceX $86B listings.
Togo Supermarket Files for Bankruptcy in Kagoshima; 300M Yen Debt
Togo Supermarket in Kagoshima files for bankruptcy with 300 million yen in debt after sales collapsed from 1.2 billion to 580 million yen. Competition from convenience stores and a new rival supermarket accelerated the decline.
Deluge Raises S$23.4M in SGX IPO as Fire Safety Rules Tighten October 6
Deluge raises S$23.4M in SGX IPO priced at S$0.60 per share. The fire-protection firm holds 8.3% of Singapore’s market and eyes regional expansion as Malaysia tightens fire safety rules for 9,451 buildings.
ASOS Stock Plunges 14% After Hackers Send Ransom Demand via App
ASOS shares fell 14% after hackers sent customers a ransom demand via push notification on October 6. The company says payment data was not affected and its website remains operational.
Rakuten Data Sale Claim Unverified as 101M Records Surface October 6
Hackers claim to sell 101 million Rakuten member records including names, addresses, and point balances. Rakuten denies the breach. Authenticity unverified as of October 6.
Japan’s PM Takaichi Skips G7 Oil Crisis Meeting on October 2
Japan’s PM Takaichi skipped an October 2 G7 emergency meeting on diesel prices and oil reserves. France convened the video call last-minute. Japan sent deputy Endo instead.