Category: 3. Business

  • Oil Rises Amid Ongoing Supply Concerns – The Wall Street Journal

    1. Oil Rises Amid Ongoing Supply Concerns  The Wall Street Journal
    2. Oil prices fall  Business Recorder
    3. There Are Signs the Supply Glut Is Now Hitting the Market  Rigzone
    4. Commodities weekly From glut to disruption sanctions lift energy as metal sectors diverge  Saxo
    5. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back From Session Highs On Profit-Taking  FXEmpire

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  • Week Ahead for FX, Bonds: Fed Expected to Cut -2-

    Week Ahead for FX, Bonds: Fed Expected to Cut -2-

    The trade-reliant country’s growth print comes as investors watch for Trump’s meeting with South Korean President Lee Jae-myung on the sidelines of APEC in Gyeongju. The two sides have yet to finalize a trade deal, with officials looking to fine-tune terms after South Korea pledged up to $350 billion in U.S. investment commitments.

    Taiwan

    Taiwan is due to release its third-quarter advanced GDP print on Friday, which will likely show slower but still-robust growth after a strong showing the prior quarter.

    Frontloading of shipments to get ahead of U.S. tariffs and booming demand for the island's chips and electronics have fueled exports and propped up economic growth. ANZ economists estimate that every 1% increase in exports is associated with 0.2% increase in Taiwan's GDP.

    Economists' estimates for the third-quarter GDP growth range from 5.9% to 6.7% after the second quarter's 8.01% expansion.

    Although AI-related demand remains strong, there are signs that the momentum may be peaking as Taiwan's September exports growth missed expectations.

    DBS economist Ma Tieying expects to see a gradual slowdown in both AI-related exports and investment starting from the fourth quarter into 2026 as the AI frenzy cools and tariff impacts materialize.

    But in light of stronger-than-expected exports in the third quarter, DBS has lifted its full-year GDP growth forecast for the island to 5.6%.

    Hong Kong

    Data on Friday gives a snapshot of Hong Kong's economic health: Retail sales for September offer a glimpse into consumer demand and GDP estimates will show how growth held up in the third quarter.

    Economists at DBS expect growth to have edged down a touch to 3.0% on the year, amid weaker exports. Imports are projected to have stayed resilient.

    After a long run of contraction, retail sales have returned to growth recently, and markets will look to see if the momentum held up last month.

    Hong Kong officials have said they expect stabilizing consumer sentiment and tourism tailwinds to help support retail businesses.

    Looking ahead, DBS's economics team expects the U.S. rate-cut cycle to bolster consumption and investment sentiment in Hong Kong, supported by a softer Hong Kong dollar and lower borrowing costs.

    Any references to days are in local times.

    Write to Jessica Fleetham at jessica.fleetham@wsj.com and Jihye Lee at jihye.lee@wsj.com

    (END) Dow Jones Newswires

    October 26, 2025 20:14 ET (00:14 GMT)

    Copyright (c) 2025 Dow Jones & Company, Inc.

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  • UK manufacturers invest at slowest pace since 2017, report says – Reuters

    1. UK manufacturers invest at slowest pace since 2017, report says  Reuters
    2. No more tax on industry and pro-growth measures – MPA sends clear message to Chancellor  HUB-4.COM
    3. Economic update: why the Budget is casting a long shadow over the UK economy  ICAEW
    4. Intelligence Briefing: Will the Budget overshadow Black Friday?  Retail Week
    5. Manufacturers call for targeted measures to boost investment in Budget  Morning Star | The People’s Daily

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  • Ackerman Highlights Patient Guidance in Vitiligo Topical Therapy Success

    Ackerman Highlights Patient Guidance in Vitiligo Topical Therapy Success

    In a recent interview with Dermatology Times, Lindsay Ackerman, MD, FAAD, a medical dermatologist in Phoenix, Arizona, discussed evolving standards in the management of vitiligo and the clinical integration of topical therapy. Ackerman, who serves as medical director of clinical research at Medical Dermatology Specialists (now part of US Dermatology Partners), emphasized the importance of anticipatory guidance and individualized patient expectations in achieving successful treatment outcomes.

    Vitiligo, an autoimmune depigmenting disorder, has historically lacked FDA-approved topical therapies, leaving clinicians to rely on off-label options such as topical corticosteroids and calcineurin inhibitors. With the approval of topical ruxolitinib, Ackerman described a shift in both clinical practice and patient communication.

    “Ruxolitinib has been a really great game changing option,” she said. it’s our first FDA-approved treatment, but it’s a treatment that allows us to treat vitiligo over a protracted time course and to do so with expectations that it will be safe for patients to have that ongoing topical exposure, which is very different than how we feel about some of the alternative choices we’ve been using off label to treat this chronic autoimmune disease.”

    She underscored that this medication’s long-term safety supports ongoing, site-specific use, unlike older off-label agents that often required intermittent treatment or carried risks of cutaneous atrophy or irritation. Ackerman highlighted the necessity of setting realistic expectations, noting that pigmentation restoration is a gradual process. “Giving good anticipatory guidance for patients that are using topical therapy to treat vitiligo is immensely important,” she said. “Patients are going to have to understand at the beginning to embark on this journey of executing treatment for vitiligo means that we’re going to be on this journey for the foreseeable future.”

    Beyond pharmacologic therapy, Ackerman encouraged a holistic approach that considers disease impact on quality of life, psychosocial well-being, and patient confidence. She also pointed to emerging research examining combination strategies that may enhance outcomes, such as phototherapy alongside ruxolitinib.

    Ultimately, Ackerman’s remarks reinforce a broader dermatologic shift toward evidence-based, sustained, and patient-centered care. As more targeted therapies become available, the dermatologist’s role in education and expectation management remains central to optimizing both safety and satisfaction in vitiligo treatment.

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  • Accountant of Nearly 2 Decades Learns Vibe Coding to Level up His Job

    Accountant of Nearly 2 Decades Learns Vibe Coding to Level up His Job

    For more than 18 years, Wei Khjan Chan has worked as an accountant, a profession often flagged as being at risk of automation. Each time he saw headlines warning that AI could replace jobs like his, he said he felt the pressure mounting.

    “It’ll be great if I get to know AI earlier. At least I replace myself rather than let other people replace me,” the 39-year-old told Business Insider.

    To stay ahead of the curve, Chan picked up vibe coding, using AI tools to write code and build apps. The audit partner at an accounting and advisory firm in Malaysia said he stumbled on vibe coding in June after attending weekend coding workshops in Singapore and Malaysia.

    Despite having no technical background, Chan built a web app to solve a pain point in his professional life: filing expense claims after business trips.

    The app uses AI-powered optical character recognition to scan and process receipts, automatically exporting them into files for his company’s finance teams. He’s also using AI to automate his workflow, such as generating invoices.

    “This code is a bunch of JavaScript, which obviously I don’t understand,” he said, showing Business Insider his web app. “Without the vibe coding tools and the skill set, an accountant is unable to do this,” he added.

    AI isn’t a ticket out of accounting — it’s how to save it

    The accountant said he didn’t learn vibe coding to make a career switch. Instead, he sees “AI know-how” as a fundamental skill for any office profession, like Excel.

    Building his own apps showed him just how powerful the tools can be: what once required weeks and an entire team to build as a proof of concept can now be prototyped in a single weekend, he said.

    Chan also told Business Insider he’s advocating for broader adoption. As a committee member in his local accounting institute in Malaysia, he’s lobbying for more AI training at scale.

    Fewer people are pursuing accountancy even as demand for accounting services rises. With manpower falling short, AI could help fill the gap, Chan said.

    Lessons learned from vibe coding

    Chan said that when he first started experimenting with AI, he was advised to write long, detailed prompts with “full context length.” But experience taught him that smaller, iterative steps work better.

    “The initial prompt is very important to set everything right,” he said. After that, when changes are needed, it’s more effective to adjust one small part at a time instead of piling on an entire wish list.

    He approaches it like managing an intern: Break tasks into smaller, precise instructions. The more specific you are, the better the outcome, he said.

    Not every lesson came easily. In one project, Chan built his database based on a single organization. When someone later asked for multi-company support, he realized he had to rebuild the entire structure.

    “It’s a very fundamental change,” he said. “I messed up everything.”

    The experience taught him that getting the architecture right at the start is critical because features and functions can always be layered on later.

    As for debugging, it’s basically like “complaining to the AI,” Chan said with a laugh. If the error message changes, that’s usually a good sign — the AI is working through the problem. If the same error keeps coming back, he said he’ll reset the conversation and reframe the request with new examples.

    And he said that, despite occasional debugging, vibe coding doesn’t require endless hours of grinding.

    Chan usually tinkers after his kids go to bed, adding a feature here or refining a function there. “It’s like playing a game,” he said.

    Over time, it builds up, and with a little guidance, the pieces eventually come together.

    Do you have a story to share about vibe coding? Contact this reporter at cmlee@businessinsider.com.


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  • Gold Falls; U.S.-China Trade Deal Optimism Overcomes Signs of Cooler U.S. Inflation – The Wall Street Journal

    1. Gold Falls; U.S.-China Trade Deal Optimism Overcomes Signs of Cooler U.S. Inflation  The Wall Street Journal
    2. A Gold Crash Everyone Saw Coming Lures Bargain Hunters Worldwide  Bloomberg.com
    3. Gold prices drop back again after biggest fall in three years  Yahoo
    4. Gold Forecast: Buyers book profits as market mood improves  FXStreet
    5. Gold prices in Dubai could hit Dh550 per gram; market experts warn of wild swings  Khaleej Times

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  • SK hynix Presents Next-Gen NAND Product Strategy at 2025 OCP

    SK hynix Presents Next-Gen NAND Product Strategy at 2025 OCP

    News Highlights

    • The company presented the ‘AIN Family’ which consists of NAND solution products optimized for performance(P), bandwidth(B), and density(D) respectively for AI
    • SK hynix held ‘HBF Night’ to expand the ‘AIN B’(HBF product) ecosystem with a number of global big tech officials in attendance
    • Company will collaborate closely with customers and partners to become a key player in the next generation NAND storage market

    Seoul, October 27, 2025

    SK hynix Inc. (or “the company”, www.skhynix.com) announced today that it presented its next-generation NAND storage product strategy at the ‘2025 OCP (Open Compute Project) Global Summit’, held in San Jose, California, from October 13 to 16.

    SK hynix said that, with the rapid growth of the AI inference market, the demand for NAND storage products capable of process large volume data quickly and efficiently is increasing dramatically. The company will fulfill customer needs by establishing the ‘AIN (AI-NAND) Family’ lineup of solution products, optimized for the AI era.

    Chunsung Kim, Head of eSSD Product Development, presenting on the AIN lineup

    Chun Sung Kim, Head of eSSD Product Development at SK hynix, presented the AIN Family during the Executive Session on the second day of the event.

    The AIN Family consists of NAND solution products optimized for performance, bandwidth, and density respectively which is designed to enhanced data processing speed and storage capacity. 

    AIN P (Performance) is a solution to efficiently process large volume data generated under large-scale AI inference workloads. The product significantly boosts processing speed and energy efficiency by minimizing the bottleneck between storage and AI operations. SK hynix is designing NAND and controllers with new structures and plans to release samples by the end of 2026.

    AIN D (Density) is a high density solution designed to store large amount of data with low power consumption and cost suitable for storing AI data. The company targets to increase density to petabyte (PB) level from terabyte (TB) of current QLC1-based SSDs, and to aim for mid-end storage solution which implements both the speed of SSD and the cost efficiency of HDD.

    AIN B (Bandwidth) is SK hynix’s solution leveraging HBFTM2 technology. This product expands bandwidth by vertically stacking multiple NANDs.

    SK hynix delivering presentations at the OCP Global Summit 2025

    With global top level HBM development and production capabilities, SK hynix has been conducting researches on AIN B from early stage to address the memory capacity gap driven by the expansion of AI inference and scaling up of LLMs3. The key is to combine HBM’s stacking structure with high density and cost efficient NAND flash. The company is taking various strategies for AIN B into consideration, such as placing together with HBM to enhance overall system capacity.

    SK hynix jointly hosted ‘HBF Night’ with Sandisk, after both parties entered an MOU for HBF standardization in August, to expand the technology ecosystem. The event was held at The Tech Interactive, near the OCP Global Summit venue, on the 14th.

    At the event, a panel discussion featuring Korean and foreign faculty members was held, with the participation of numerous industry architects4 and engineers participated. During the event, a collaborative effort across the industry was proposed to accelerate innovation in NAND storage products.

    “Through OCP Global Summit and HBF Night, we were able to showcase SK hynix’s present and future as a global AI memory solution provider, thriving in a rapidly evolving AI market,” Ahn Hyun, President and Chief Development Officer said. “In the next generation NAND storage market, SK hynix will collaborate closely with customers and partners to become a key player.”

    About SK hynix Inc.

    SK hynix Inc., headquartered in Korea, is the world’s top tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”) and flash memory chips (“NAND flash”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

    Media Contact

    SK hynix Inc.
    Global Public Relations

    Technical Leaders
    Minseok Jang, Sooyeon Lee, Kanga Kong
    E-Mail: global_pr@skhynix.com

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  • Asian Penny Stocks To Watch In October 2025

    Asian Penny Stocks To Watch In October 2025

    As of October 2025, Asian markets have shown resilience, with significant gains in technology-focused shares and an overall positive sentiment despite some economic challenges. For investors looking to explore opportunities beyond the major indices, penny stocks remain a compelling area of interest. Although the term “penny stocks” may seem outdated, it continues to represent smaller or newer companies that can offer unique growth potential when backed by strong financials and strategic direction.

    Name

    Share Price

    Market Cap

    Financial Health Rating

    JBM (Healthcare) (SEHK:2161)

    HK$2.97

    HK$2.42B

    ★★★★★★

    Lever Style (SEHK:1346)

    HK$1.51

    HK$933.97M

    ★★★★★★

    Asia Medical and Agricultural Laboratory and Research Center (SET:AMARC)

    THB2.88

    THB1.21B

    ★★★★★★

    TK Group (Holdings) (SEHK:2283)

    HK$2.55

    HK$2.12B

    ★★★★★★

    CNMC Goldmine Holdings (Catalist:5TP)

    SGD1.17

    SGD474.19M

    ★★★★★☆

    Atlantic Navigation Holdings (Singapore) (Catalist:5UL)

    SGD0.095

    SGD49.73M

    ★★★★★★

    Yangzijiang Shipbuilding (Holdings) (SGX:BS6)

    SGD3.47

    SGD13.66B

    ★★★★★☆

    Anton Oilfield Services Group (SEHK:3337)

    HK$1.09

    HK$2.94B

    ★★★★★★

    Livestock Improvement (NZSE:LIC)

    NZ$0.97

    NZ$139.5M

    ★★★★★★

    Rojana Industrial Park (SET:ROJNA)

    THB4.30

    THB8.69B

    ★★★★★☆

    Click here to see the full list of 952 stocks from our Asian Penny Stocks screener.

    Below we spotlight a couple of our favorites from our exclusive screener.

    Simply Wall St Financial Health Rating: ★★★★★★

    Overview: LifeTech Scientific Corporation is an investment holding company that develops, manufactures, and trades interventional medical devices for cardiovascular and peripheral vascular diseases globally, with a market cap of HK$9.87 billion.

    Operations: The company’s revenue is derived from its Structural Heart Diseases Business (CN¥527.87 million), Peripheral Vascular Diseases Business (CN¥762.08 million), and Cardiac Pacing and Electrophysiology Business (CN¥37.63 million).

    Market Cap: HK$9.87B

    LifeTech Scientific’s financial health is bolstered by its short-term assets of CN¥2.6 billion, which comfortably cover both short and long-term liabilities, indicating strong liquidity. Despite a significant one-off loss impacting recent earnings, the company remains debt-free, alleviating concerns over interest coverage. However, profitability has declined with net profit margins dropping to 5.4% from 19.4% last year. Recent approval for an innovative congenital heart defect occluder could enhance its product portfolio and market position in medical devices, potentially offsetting negative earnings growth trends observed over the past year and five years respectively.

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  • Robust Revenue Growth Amid Economic Challenges

    Robust Revenue Growth Amid Economic Challenges

    This article first appeared on GuruFocus.

    Release Date: October 23, 2025

    For the complete transcript of the earnings call, please refer to the full earnings call transcript.

    • Akbank TAS (AKBTY) reported a 17% year-on-year increase in net income, reaching 38,908 million, with a return on equity (ROE) of 20.4%.

    • The bank achieved a 48% year-on-year growth in revenue, driven by robust fee generation and renewed net interest income (NII) momentum.

    • Akbank TAS (AKBTY) captured 90 basis points of market share in business banking loans among private banks, demonstrating targeted focus on growth segments.

    • The bank’s securities portfolio showed a balanced approach with a focus on yield maximization, achieving a 21% year-to-date growth in foreign currency securities.

    • Akbank TAS (AKBTY) maintained a strong capital position with total capital, tier one, and core equity tier one ratios at 17.2%, 13.6%, and 12.4%, respectively.

    • The anticipated margin expansion was postponed due to strong monetary tightening in April.

    • Economic activity showed signs of moderation in Q3, with mild economic growth expected for the year.

    • The bank’s Turkish time deposit market share fell short due to funding optimization efforts and regulation-driven low levels of Turkish RDR.

    • The net cost of credit increased to 230 basis points, driven by ongoing retail NPL inflows and strengthening coverage ratios.

    • The bank’s full-year cost of credit may slightly exceed the upper end of the guidance range of 150 to 200 basis points.

    Q: Could you elaborate on the strong margin expansion in Q3 and expectations for Q4 and beyond? A: (Turk) The strong recovery in Q3 was mainly due to deposit cost easing, aligning with our expectations. However, the latest rate cut in September wasn’t fully reflected in deposit pricing. As we enter Q4, the net interest margin is expected to start above Q3 levels, but the extent of improvement will depend on future rate cuts. We anticipate gradual margin improvement throughout 2026 rather than a peak early in the year.

    Q: How do you see the full-year outlook evolving, considering the 25% ROE target and recent macro changes? A: (Turk) Achieving the 25% ROE target may be challenging due to the delay in the rate cut cycle. We now expect the policy rate to be around 38% by year-end, impacting our exit NIM. However, we anticipate a gradual improvement in NIM next year, with ROE likely ending between the current level and the 25% target.

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  • Australia's Larvotto Resources rejects $373 million takeover offer on valuation concerns – Reuters

    1. Australia’s Larvotto Resources rejects $373 million takeover offer on valuation concerns  Reuters
    2. Larvotto receives unsolicited aftermarket takeover offer  Mining.com.au
    3. Antimony and gold mine developer rejects low-ball takeover bid  The Motley Fool Australia
    4. American suitor bids for NSW critical minerals upstart  AFR
    5. United States Antimony Corporation Submits Indicative Proposal to Acquire 100% of Larvotto Resources Limited Located in Australia  ACCESS Newswire

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