Australian Market Extends Early Gains In Mid-market
Thursday, October 16,2025,03:23
The Australian market is extending its early gains in mid-market moves on Thursday, adding to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 9,050 mark to fresh all-time highs, with gains in gold miners, energy and financial stocks partially offset by weakness in technology stocks. .. read more..
Asian Markets Trade Mostly Higher
Thursday, October 16,2025,03:12
Asian markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, amid positive hints of another rate cut in a speech by U.S. Fed Chair Jerome Powell as traders assessed the implications of escalating U.S.-China trade friction. Asian markets closed mostly higher on Wednesday. .. read more..
Australia researchers develop new shark bite-resistant wetsuits
Thursday, October 16,2025,03:04
Researchers in Australia say they have developed a wetsuit that could protect swimmers from deadly shark attacks. The new material is said to significantly reduce blood loss, increasing the victim’s window of survival. .. read more..
After India, US tells Japan to stop importing Russian energy
Thursday, October 16,2025,02:43
US Treasury Secretary Scott Bessent said on Wednesday that he told Japanese Finance Minister Katsunobu Kato that the Trump administration expects Japan to stop importing Russian energy. “Minister Kato and I also discussed important issues pertaining to the US-Japan economic relationship and the Administration’s expectation that Japan stop importing Russian energy,” Bessent said on social media after the two met on Wednesday. Bessent and Kato met on the sidelines of the annual International... .. read more..
U.S. dollar down in Taipei trading
Thursday, October 16,2025,02:38
Taipei, Oct. 16 (CNA) The U.S. dollar was traded at NT$30.605 at 10 a.m. Thursday on the Taipei Foreign Exchange, down NT$0.051 from the previous close. .. read more..
Sensex, Nifty Seen Higher At Open
Thursday, October 16,2025,02:31
Indian shares look set to open on a positive note Thursday, tracking mostly firm cues from global markets on renewed hopes of a Federal Reserve rate cut. .. read more..
South Korea's Kospi hits record high on trade deal optimism, IMF growth forec...
Thursday, October 16,2025,02:18
The IMF raised its growth projection for the global economy as the impact of U.S. tariffs on was "at the modest end of the range." .. read more..
Thai Stock Market May Challenge 1,300-Point Mark
Thursday, October 16,2025,02:04
The Thai stock market on Wednesday snapped the two-day slide in which it had tumbled almost 50 points or 3.9 percent. The Stock Exchange of Thailand now sits just above the 1,285-point plateau and it's expected to see a steady start again on Thursday. .. read more..
Want to avoid meeting a bear in Japan? There’s an AI tool for that
Thursday, October 16,2025,01:54
Researchers at a Japanese university have developed a system that uses artificial intelligence to determine the possibility of encountering a bear within 1 sq km (0.4 square miles), a critical new tool as the number of people killed or injured by bears is expected to hit a record high. Lead developer Yusuke Fukazawa is an associate professor of applied machine learning at Sophia University who enjoys orienteering and hiking and hopes his studies will help to create an application that makes such... .. read more..
Indonesia Stock Market May Find Traction On Thursday
Thursday, October 16,2025,01:34
The Indonesia stock market has finished lower in three straight sessions, stumbling more than 200 points or 2.6 percent along the way. The Jakarta Composite Index now rests just above the 8,050-point plateau although investors may go bargain hunting on Thursday. .. read more..
Japanese Market Notably Higher
Thursday, October 16,2025,01:20
The Japanese market is notably higher on Thursday, extending the strong gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 48,000 mark, with gains in financial, automaker and technology stocks. .. read more..
Hong Kong Shares Tipped To Open In The Green
Thursday, October 16,2025,01:19
The Hong Kong stock market on Wednesday halted the seven-day losing streak in which it had plummeted more than 1,850 points or 7 percent. The Hang Seng Index now rests just above the 25,900-point plateau and it may extend those gains on Thursday. .. read more..
Taiwan shares open higher
Thursday, October 16,2025,01:11
Taipei, Oct. 16 (CNA) The Taiwan Stock Exchange's main index opened up 61.61 points at 27,337.32 Thursday on turnover of NT$10.28 billion (US$336.01 million). .. read more..
Cambodia deploys South Korean’s ‘peaceful’ video to ease kidnapping fears
Thursday, October 16,2025,01:08
Amid growing concern over a series of kidnapping and confinement cases involving South Koreans in Cambodia, the country’s interior ministry has released a social media video featuring a South Korean woman praising Cambodia as a “peaceful and warm country”. The post on Tuesday, which included a message stating that a South Korean resident “wished to share her 13 years of life in Cambodia with Koreans and the world”, is seen as an attempt to ease rising fears among foreign residents following... .. read more..
China Shares May See Additional Support On Thursday
Thursday, October 16,2025,01:04
The China stock market on Wednesday ended the three-day losing streak in which it had stumbled almost 70 points or 1.8 percent. The Shanghai Composite Index now sits above the 3,910-point plateau and it may tick higher again on Thursday. .. read more..
Taiwan headline news
Thursday, October 16,2025,00:47
Taipei, Oct. 16 (CNA) The lead stories in major Taiwan dailies on Thursday are as follows: .. read more..
Australian Market Modestly Higher
Thursday, October 16,2025,00:44
The Australian market is trading modestly higher on Thursday, adding to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 9,000 level, with gains in gold miners and financial stocks partially offset by weakness in energy and technology stocks. .. read more..
Taiwan Stock Market May Extend Wednesday's Gains
Thursday, October 16,2025,00:34
The Taiwan stock market on Wednesday wrote a finish to the two-day slide in which it had dropped more than 600 points or 2.3 percent. The Taiwan Stock Exchange now sits just above the 27,275-point plateau and it may add to its winnings on Thursday. .. read more..
Singapore Bourse May Test Resistance At 4,400 Points
Thursday, October 16,2025,00:04
The Singapore stock market on Wednesday ended the five-day losing streak in which it had stumbled almost 120 points or 2.9 percent. The Straits Times Index now rests just beneath the 4,370-point plateau and it's expected to open t the upside again on Thursday. .. read more..
For the first time in years, Japan’s opposition sees a route to power
Thursday, October 16,2025,00:00
With Japan’s parliament poised to vote on who it wants to next lead the country, a resurgent opposition and the collapse of the ruling coalition have put the prospect of the nation’s first female prime minister in real doubt. On Tuesday, the leaders of Japan’s principal opposition factions agreed to convene in hopes of fielding a unified candidate for the top job, as they aim to break the Liberal Democratic Party’s (LDP) 13-year grip on power. “It will be essential for us to achieve consensus on... .. read more..
Malaysia Stock Market May Add To Its Winnings On Thursday
Wednesday, October 15,2025,23:34
The Malaysia stock market on Wednesday ended the three-day losing streak in which it had fallen almost 20 points or 1.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,610-point plateau and it may pick up steam on Thursday. .. read more..
CNBC's The China Connection newsletter: Beijing gears up for a big strategy m...
Wednesday, October 15,2025,23:23
Beijing will discuss goals for tech and economic development at a five-year planning meeting next week. .. read more..
Japan Shares Tipped To Open To The Upside
Wednesday, October 15,2025,23:19
The Japanese stock market on Wednesday ended the brutal two-day losing streak in which it had plummeted almost 1,750 points or 3.6 percent. The Nikkei 225 now sits just above the 47,670-point plateau and it may see additional support on Thursday. .. read more..
Higher Open Anticipated For South Korea Shares
Wednesday, October 15,2025,23:04
The South Korea stock market on Wednesday ended the two-day slide in which it had slumped almost 50 points or 1.4 percent. Now at a fresh record closing high, the KOSPI rests just above the 3,655-point plateau and it's tipped to open in the green again on Thursday. .. read more..
How China can position its K visa for success in race for global tech talent
Wednesday, October 15,2025,21:30
Could China’s new K visa reshape the global competition for top talent? Beijing certainly aims to do just that. Officially rolled out this month, the visa is aimed at young foreign professionals in the science, technology, engineering and mathematics (STEM) fields. It targets graduates and professionals with at least a bachelor’s degree in STEM from recognised institutions or engaged in relevant education or research. Unlike other Chinese visas for employment or research, the K visa does not... .. read more..
Pakistan and Afghanistan agree to ceasefire amid escalating tensions
Wednesday, October 15,2025,14:00
Pakistan said on Wednesday it agreed to a 48-hour ceasefire with Afghanistan following days of violence that have killed dozens of people on both sides of the border. Pakistan’s Foreign Ministry said the ceasefire was at Afghanistan’s request. Moments later, the Taliban government’s chief spokesman, Zabihullah Mujahid, said the truce was at “the insistence” of the Pakistani side. His social media post did not mention a 48-hour time frame. All Afghan forces have been instructed to observe the... .. read more..
GlobalWafers opens advanced 12-inch wafer plant in northern Italy
Wednesday, October 15,2025,13:36
Novara, Italy, Oct. 15 (CNA) Taiwan-based GlobalWafers Co., the world's third largest silicon wafer supplier, on Wednesday opened a 12-inch silicon wafer plant in Novara, northern Italy - the country's most advanced silicon wafer facility to date. .. read more..
Youtuber Holger Chen bailed over 'behead the president' remark
Wednesday, October 15,2025,13:16
Taipei, Oct. 15 (CNA) YouTuber Holger Chen (陳之漢) was released on NT$150,000 (US$4,903) bail Wednesday after being questioned by prosecutors in New Taipei for shouting "behead the president" during a livestream. .. read more..
Sunny Optical, Goertek Forge 'Optical Alliance' To Bet On AI Glasses
Wednesday, October 15,2025,13:15
The marriage of Sunny Optical's technology with Goertek's manufacturing muscle could create a new giant in China's optical industry Key Takeaways: Goertek Optical and Sunny Optical will form a joint venture, Goertek-OmniLight Optical Technology, with Sunny Optical holding 31% The venture will possess China's only dedicated ASML lithography machine currently used in volume production for optical waveguide technology used in AI glasses Corporate alliances are often a dime a dozen, frequently pairing companies in marketing and technology tie-ups based on the latest industry trends. But they can also sometimes act as much bolder statements of where companies see the future... .. read more..
Jeffrey Koo Jr. seeks WBSC vice presidency to boost Asian baseball
Wednesday, October 15,2025,12:33
Taipei, Oct. 15 (CNA) Baseball Federation of Asia (BFA) President Jeffrey Koo Jr. (辜仲諒) will seek re-election as executive vice president of the World Baseball Softball Confederation (WBSC) on Saturday, aiming to raise Asian baseball's global profile and expand grassroots development, the BFA said Wednesday. .. read more..
Given its rare earth vulnerability, US cannot risk all-out trade war
Wednesday, October 15,2025,12:30
US President Donald Trump has returned to a trademark policy in announcing a new round of trade confrontation that clearly echoes the conflict he launched in his first term. Officially, the trade war began on January 22, 2018, when he imposed a 30 per cent import tariff on solar panels. While such measures are usually justified by noble intentions – protecting domestic industries and reviving local manufacturing – in reality, trade wars are often driven by the desire to seize foreign markets and... .. read more..
Ex-airline employee indicted over attempt to obtain MAC research for China
Wednesday, October 15,2025,12:25
Taipei, Oct. 15 (CNA) A former employee of a Taiwanese airline was indicted Monday for allegedly trying to obtain confidential Mainland Affairs Council (MAC) research for Chinese intelligence and offering an unaccepted bribe, the Taiwan High Prosecutors Office said Tuesday. .. read more..
Hon Hai's market cap soars 850 times since TWSE listing
Wednesday, October 15,2025,12:20
Taipei, Oct. 15 (CNA) The market capitalization of Hon Hai Precision Industry Co., the largest contract electronics maker in the world, has surged about 850 times since its 1991 debut on the Taiwan Stock Exchange, Chairman Young Liu (劉揚偉) said Wednesday. .. read more..
Nasdaq Gets Tough On Small Chinese IPOs, As AI-Fueled Energy Storage Boom Tak...
Wednesday, October 15,2025,12:17
Two powerful forces are currently reshaping the landscape for Chinese companies in global capital markets. The first is a long-overdue regulatory tightening by the Nasdaq , aimed at curbing a flood of small, problematic IPOs from China that have plagued the exchange for years. At the same time, a sudden, frenzied investor rush into the energy storage sector — a boom fueled by the immense power demands of the AI revolution — is creating a new frontier of opportunity and potential speculative excess. For years, we have watched as a parade of small Chinese companies completed IPOs on the Nasdaq, and we could not always understand why the exchange was so willing to accommodate them. The exch... .. read more..
New Zealand calls on US to counter China’s Pacific mineral push
Wednesday, October 15,2025,11:25
New Zealand’s defence minister warned in an interview that small countries in the South Pacific face growing pressure from great power competition for their rare minerals and fisheries wealth, and that more action was needed from regional neighbours to help in preserving island nations’ sovereignty. Judith Collins, who also oversees New Zealand’s intelligence and space portfolios, spoke on Wednesday before departing for Washington, where she will meet Trump administration officials including... .. read more..
Adopted toddler dies after abuse; parents plead guilty
Wednesday, October 15,2025,11:21
New Taipei, Oct. 15 (CNA) The parents of a 2-year-old adopted boy who died in March after being burned with cigarettes and beaten by his father pleaded guilty Wednesday at the New Taipei District Court. .. read more..
Will Indonesia’s plan to join Brics bank lead to heavier debt burden?
Wednesday, October 15,2025,10:45
Indonesia’s plan to join the Brics-led New Development Bank (NDB) and fulfil a payment requirement for membership has spurred a debate on whether the move is feasible given the country’s strained finances to fund President Prabowo Subianto’s priority projects. Earlier this year, Prabowo announced that Indonesia was planning to join the NDB “to boost the national development transformation” after he met the bank’s chairwoman, Dilma Rousseff, in Jakarta. “The Indonesian government has decided to... .. read more..
Sensex, Nifty End Notably Higher On Firm Global Cues
Wednesday, October 15,2025,10:30
Indian shares rose notably on Wednesday after Federal Reserve Chair Jerome Powell signaled two more quarter-point interest-rate cuts this year, citing a sharp slowdown in hiring. .. read more..
China greenlights autonomous driving firms Pony.ai and WeRide's Hong Kong lis...
Wednesday, October 15,2025,10:16
The China-based autonomous driving firms Pony AI and WeRide have both filed with regulators in China to list their shares in Hong Kong. .. read more..
Alibaba Opens Second Dubai Data Center To Boost AI Adoption
Wednesday, October 15,2025,10:16
Alibaba Group (NYSE: BABA ) recovered its losses from Tuesday in Wednesday premarket trading, supported by its ongoing push into artificial intelligence (AI). The Chinese e-commerce titan is strategically expanding its global footprint, most recently by opening a second data center in Dubai, nine years after establishing its first, to capitalize on soaring demand for cloud computing services in the region. This expansion targets a critical nexus of emerging technology. Eric Wan , Vice President of Alibaba Cloud International and Regional General Manager at Alibaba Cloud Intelligence, emphasized the strategic importance of the location. Also Read: Alibaba’s Stock Comeback Has More Ro... .. read more..
Taiwanese sugar painting artist attracts global attention at tourism show
Wednesday, October 15,2025,10:12
Singapore, Oct. 15 (CNA) Taiwan's "Sugar Painting Uncle," Bill Hsieh (謝永清), impressed visitors with his folk art performance at the Taiwan Pavilion during the opening day of the International Tourism Exchange Asia (ITB Asia) in Singapore on Wednesday. .. read more..
Forced labor on Taiwan fishing boats linked to Japan seafood market: Report
Wednesday, October 15,2025,10:07
Taipei, Oct. 15 (CNA) A joint report by Taiwanese and Japanese NGOs released Wednesday found that migrant fishers working on two Taiwanese distant-water fishing vessels may have been subjected to forced labor, including withheld wages and excessive working hours. .. read more..
MODA plans to block TikTok on school Wi-Fi networks: Minister
Wednesday, October 15,2025,09:57
Taipei, Oct. 15 (CNA) The Ministry of Digital Affairs (MODA) plans to restrict access to TikTok on Wi-Fi networks in elementary and junior high schools, but a nationwide ban would require "social consensus" due to its implications for freedom of speech, Digital Affairs Minister Lin Yi-ching (林宜敬) said Wednesday. .. read more..
Prosecutors launch probe into abrupt closure of True Yoga Taiwan
Wednesday, October 15,2025,09:47
Taipei, Oct. 15 (CNA) Prosecutors have opened an investigation into the sudden shutdown of True Yoga Fitness after the Singapore-based fitness chain ceased operations last month. .. read more..
18-month-old drowns at infant daycare center in Hsinchu County
Wednesday, October 15,2025,09:36
Taipei, Oct. 15 (CNA) An 18-month-old girl drowned after falling into a pond at an infant daycare center in Zhubei City, authorities in Hsinchu County said Wednesday. .. read more..
Price surge weighs on gold, silver sales in India’s Diwali market
Wednesday, October 15,2025,09:33
Record-high gold and silver prices fuelled by US-China friction have dented demand for the precious metal in key consumer market India, in the lead-up to the peak buying period for the Diwali festival. Gold was trading at US$4,197.5 per troy ounce on Wednesday afternoon, as a spike in US-China trade tensions fuelled investors’ demand for the asset, long seen as a safe-haven investment. The silver market has been gripped by a lack of liquidity, sparking a worldwide hunt for the metal. Prices hit... .. read more..
Auto industry raises the alarm as China tightens export rules for rare earths
Wednesday, October 15,2025,09:14
Automotive industry groups have sounded the alarm over China’s latest move to impose restrictions on the export of rare earths. .. read more..
U.S. dollar closes sharply lower on Taipei forex market
Wednesday, October 15,2025,09:07
Taipei, Oct. 15 (CNA) The U.S. dollar fell sharply against the Taiwan dollar Wednesday, shedding NT$0.105 to close at NT$30.656. .. read more..
Can Thailand’s tourism recover from a drop in Chinese arrivals?
Wednesday, October 15,2025,09:00
Once a bright spot in the economy, Thailand’s tourism sector appears to be losing its shine. Even with an expected bump in foreign arrivals during the peak travel season at the end of the year, the country’s main tourism body still expects just 33.4 million visitors for 2025, an almost 6 per cent drop from 35.5 million last year. That’s the first decline in a decade outside the pandemic, and underscores the country’s challenge in trying to revive tourist arrivals, which remain below pre-Covid... .. read more..
Asian Shares Bounce Back On Fed Rate Cut Hopes
Wednesday, October 15,2025,08:39
Asian stocks rose broadly on Wednesday, snapping three days of losses as optimism that the U.S Federal Reserve may go for further interest-rate cuts outweighed renewed U.S.-China trade tensions. .. read more..