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Asian stocks fall amid rate, tech jitters; China shares return with a bang

Most Asian markets fell, except China, boosted by stimulus measures. Tech stocks suffered losses due to U.S. market trends. Investors awaiting further Chinese fiscal stimulus.

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Samsung sees weaker-than-expected Q3 profit

Samsung's Q3 profit estimate of 9.1 trillion won is below expectations, signaling reduced AI demand and challenges from competitors in the memory chip market.

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• NVDA

Samsung Electronics apologises for disappointing profit as it struggles in AI chips

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Exclusive-Samsung Electronics says it is not interested in spinning off foundry business

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Samsung's profit recovery seen weakening in Q3

Samsung Electronics anticipates a significant quarterly profit increase but struggles with AI chip competition, leading to concerns about demand and market share amid geopolitical risks.

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S.Korea factory activity shrinks sharply as overseas demand weakens, PMI shows

South Korea's factory activity sharply contracted in September, driven by declining overseas demand, with the PMI falling below 50, signaling economic recovery challenges.

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S.Korea factory activity shrinks sharply as overseas demand weakens, PMI shows

South Korea's manufacturing sector faced significant contraction in September, driven by declining overseas demand and sluggish domestic consumption, raising concerns about economic recovery.

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Jeep owners should park outside pending recall fix, US agency says

NHTSA urges Jeep plug-in hybrid SUV owners to park outside due to fire risks, linking recall of 194,000 vehicles to internal battery failures and reported injuries.

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Epic Games accuses Samsung, Google of scheme to block app rivals

Epic Games sued Google and Samsung, alleging antitrust violations through Samsung's Auto Blocker, which limits app downloads from outside sources, undermining competition and consumer choice.

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• MU

Analyst says massive rally in this chip stock ‘will sustain’

Micron Technology's shares surged 15% after an optimistic revenue outlook amid strong demand for high-bandwidth memory chips critical for the generative AI sector.