Banking watchdogs ramp up AI scrutiny as stability fears mount, sources say

Mint - Oct 13, 2026

AI-REGULATION/BANKS (EXCLUSIVE, PIX):EXCLUSIVE-Banking watchdogs ramp up AI scrutiny as stability fears mount, sources say

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Mainland Chinese traders boost Hong Kong stock buying for fourth month as AI bets surge

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Oct 13, 2026

Mainland Chinese investors bought more Hong Kong stocks than they sold for a fourth consecutive month in September, with purchases accelerating despite persistent headwinds from elevated US Treasury yields and oil prices. Onshore traders poured a net HK$60.8 billion (US$7.7 billion) into Hong Kong’s stocks via the Stock Connect programme last month, up from HK$10.4 billion in August, according to financial data provider Wind. Net buying reached HK$134.1 billion in the third quarter. Mainland...

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The jump pushed Bumble's stock market valuation to more than $580m but that is still far below their peak of more than $14bn.

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Oct 13, 2026

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China Mobile, one of the country’s state-backed telecoms giants, has tripled the capacity of its largest intelligent computing hub in northern Inner Mongolia, amid Beijing’s push to boost digital infrastructure to power the country’s artificial intelligence ambitions. The expansion of its data centre in Hohhot was recently completed, with total processing capacity increased to 20,100 petaflops, according to a report by Inner Mongolia Daily on Monday. That was triple its previous capacity of...

Chinese vice premier meets with Apple executive chairman

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