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• Major equity indexes rebounded on Thursday, recovering from sharp losses experienced during the previous trading session. • The recovery was driven largely by gains in tech stocks and investor indifference toward President Donald Trump's warning that the U.S. "will be hitting Iran" tonight. • This bounce back suggests that market participants are currently downplaying geopolitical tensions and specific corporate concerns, such as Oracle's data-center spending.

• The BBC has announced the cancellation of the upcoming *Doctor Who* Christmas special following a period of "careful consideration." • Showrunner Russell T Davies has also confirmed his departure from the series, marking a significant leadership change for the long-running sci-fi drama. • This decision is unexpected given the show's historical tradition of holiday episodes and Davies' pivotal role in the program's modern revival.

• Citi reports that U.S. equity positioning has become "cleaner" following a market selloff last week, reducing some of the previous overextension. • Despite the improvement, Citi warns that risks remain as exposures in several key areas stay elevated, potentially leaving the market vulnerable. • This shift matters because it indicates a partial reset in investor sentiment, though the lack of a full correction could lead to further volatility.

Former pornographer, who owns 38.8% of club, has been accused of sexually exploitative and predatory behaviourThe football regulator could force David Sullivan to sell his stake in West Ham United after the former pornography billionaire was accused of sexually exploitative and predatory behaviour against women over several decades.The 77-year-old announced his resignation as a director and co-chair of the football club on Saturday, ahead of a joint investigation by the BBC and the Times reporting on seven women accusing him of sexual misconduct. Continue reading...

• Asian stock markets showed mixed results as technology shares rebounded following a period of heavy sell-offs on Wall Street. • South Korea's Kospi surged 3.5% to 7,743.65, driven by a 7.7% jump in SK Hynix after announcing a data center partnership with Nvidia, while Taiwan's Taiex rose 2.2% led by TSMC. • In contrast, Hong Kong's Hang Seng index declined 0.4% to 24,553.93, and oil prices retreated after a brief surge caused by geopolitical fighting.

• Wall Street showed signs of stability as AI-related stocks recovered from previous losses, led by gains in computer chip and memory manufacturers. • Apple CEO Tim Cook introduced new AI features during the company's latest developers conference, emphasizing a strong focus on user privacy. • This recovery suggests a renewed investor confidence in the AI sector after a period of volatility and sell-offs.

• Asian markets experienced a significant downturn, led by South Korea's benchmark Kospi index, which crashed nearly 9% due to a tech selloff. • The severity of the Kospi's decline triggered a circuit breaker, resulting in a temporary halt of all trading activity. • Other regional markets also fell, with Japan's Nikkei 225 dropping 3.4% and Hong Kong Hang Seng index futures trading lower than Friday's close of 24,961.95.