“CoreWeave shock” rocks Japan’s financial markets

20/10/2026
01:49

A sharp plunge in the shares and bonds of CoreWeave, a US provider of AI cloud infrastructure, sent shockwaves through Japan’s financial markets last week, triggering one of the country's three biggest single-day market declines on record.

“CoreWeave shock” rocks Japan’s financial markets

“CoreWeave shock” rocks Japan’s financial markets

Economy 01:49

A sharp plunge in the shares and bonds of CoreWeave, a US provider of AI cloud infrastructure, sent shockwaves through Japan’s financial markets last week, triggering one of the country's three biggest single-day market declines on record.

Norwegian seafood eyes boost from trade deal

Norwegian seafood eyes boost from trade deal

Economy 02:39

Fresh salmon exports jumped by 40 per cent in 2025, and the upcoming free trade agreement between Vietnam and the European Free Trade Association could open the door to further expansion. Norwegian exporters are now looking to capitalise on rising demand and strengthen their foothold in the Vietnamese market.

Local enterprises proactively join FDI supply chains

Local enterprises proactively join FDI supply chains

Economy 03:07

Under the Politburo's Resolution 10 on foreign investment, Vietnam aims for 10,000 domestic firms to join FDI supply chains by 2030. To reach this target, local supporting industries are upgrading technology and workforce standards for global integration.

Street vendors face rising costs

Street vendors face rising costs

Economy 02:57

Inflation is not just a concern for policymakers. For small businesses, rising costs mean difficult choices about pricing and keeping customers. US inflation picked up again in September, and this puts further pressure on household budgets.

China channels funding into new growth drivers

China channels funding into new growth drivers

Economy 01:56

China is directing financial resources towards technological innovation, green development and small and medium-sized enterprises to support new growth drivers. Data released by the People's Bank of China on 14 October showed continued growth in financing for the economy, with credit increasingly directed towards these priority sectors.

ASEAN steps up cybersecurity cooperation

ASEAN steps up cybersecurity cooperation

Economy 02:07

With Southeast Asia's digital economy exceeding 300 billion US dollars, ASEAN is bolstering intra-bloc cybersecurity cooperation as AI-powered cyber threats grow increasingly sophisticated. At the 11th ASEAN Ministerial Conference on Cybersecurity in Singapore, ministers outlined key priorities to strengthen the bloc's digital resilience.