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Stock Market Today: Chip Stocks Plunge on AI Funding Worries
The stock market today is firmly in the red as a global rout in chip stocks deepens. Nvidia, AMD and Dell are leading the declines, with selling spreading from the United States across Asia as investors question whether the money behind the artificial-intelligence buildout will keep flowing. It is the kind of session that reminds…
Malaysia Airlines MICE Awards: Two Wins at 2026 Ceremony
Malaysia Airlines is having a moment. The Malaysia Airlines MICE Awards results from Jamaica this week handed the carrier two major titles: World’s Best MICE Airline and Asia’s Best MICE Airline at the 2026 World MICE Awards. It is the first time the airline has won in either category, and the announcement quickly became one…
Hong Kong Banks Hike Fixed Deposit Rates to 4.3% as Interest Rate War Intensifies
Hong Kong banks raise fixed deposit rates to 4.3% for USD and 4.1% for HKD. Compare the latest rates from major lenders and digital banks as the interest rate war heats up.
El Niño to Peak in December at Record Strength; Australian Food Prices Set to Rise
WMO forecasts El Niño will peak in December 2026 at record strength, with sea-surface temperatures reaching 3.7°C above normal. Australian chocolate and coffee prices face upward pressure as cocoa and coffee supplies shrink.
Bianca Jones’ Parents Warn Schoolies of Methanol Poisoning Risk on October 9
Parents of Bianca Jones, who died from methanol poisoning in Laos in November 2024, issue urgent warning to Australian schoolies about dangers of contaminated alcohol overseas.
El Niño to Peak in December at Record Strength, WMO Warns
WMO forecasts El Niño will peak in December 2026 at record strength, with 99% certainty it persists through February 2027. Record Pacific temperatures threaten cocoa and coffee supplies, pushing Australian food prices higher.
OpenAI Revenue Miss Triggers $2.7T AI Selloff on October 9
OpenAI’s $50 billion revenue disclosure, $20 billion below expectations, triggered a sharp selloff in AI stocks. Nvidia fell 3%, Oracle 6%, CoreWeave 8% on October 8.
Swiss Water Crisis Deepens: Lake Zurich Hits Record Low on October 8
Lake Zurich hits record low levels on October 8, forcing a 40,000-franc emergency relocation of a Meilen jetty. Drought threatens Swiss water infrastructure and regional stability.
HSBC Stock Rises as Hong Kong Questions Singapore AI Hub Move
Hong Kong Monetary Authority questions HSBC over AI center location in Singapore. HSBC shares rise 0.9% as bank plans 100+ AI hires and UK wealth job cuts.