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Canadian Prime Minister Carney: True sovereignty depends on our ability to build and adopt artificial intelligence on our own terms.
2026-10-29
Canadian Prime Minister Carney: True sovereignty depends on our ability to build and adopt artificial intelligence on our own terms.
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2026-10-29
EFG Bank analyst Stefan Grach said in a report that elevated euro-area government bond yields have raised borrowing costs, weighing on activity and damping inflation, which reduces the case for ECB rate hikes. He added that political turmoil in Franc
EFG Bank analyst Stefan Grach said in a report that elevated euro-area government bond yields have raised borrowing costs, weighing on activity and damping inflation, which reduces the case for ECB rate hikes. He added that political turmoil in France is hurting business activity and suppressing consumer demand. Grach said the ECB must assess whether the lagged pass-through from higher energy prices will keep inflation elevated or whether tighter borrowing costs will offset those pressures.
2026-10-29
At the Hong Kong close, the Hang Seng Index fell 0.59% and the Hang Seng Tech Index fell 2.84%; turnover HKD 189.45 bln. Weakness concentrated in online education, optical communications, PCB-related names, semiconductor stocks and mainland brokerage
At the Hong Kong close, the Hang Seng Index fell 0.59% and the Hang Seng Tech Index fell 2.84%; turnover HKD 189.45 bln. Weakness concentrated in online education, optical communications, PCB-related names, semiconductor stocks and mainland brokerage shares; nuclear power, domestic banks and oil outperformed. Notable stock moves: New Oriental (09901.HK) down over 14%, Jingwang Electronics (03228.HK) down over 13%, Cambridge Technology (06166.HK) down over 12%, Biren Technology (06082.HK) down over 10%, Huahong Hongli (01347.HK) down over 7%. Advancers included CGN Power (01816.HK) and Qingdao Bank (03866.HK) up over 3%, while PetroChina (00857.HK) and Hansoh Pharma (03692.HK) rose nearly 3%.
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