AI & Enterprise

Could SpaceX-Tesla merger gain momentum? Shareholder vote and China regulation are wildcards

CNBC reported on Oct. 23 that Wall Street attention is focusing on a potential merger of SpaceX and Tesla after Elon Musk publicly backed the idea. Special committees have been formed at both companies to review a transaction. Some analysts are sceptical, citing governance differences and limited strategic benefits. Musk highlighted the high approval threshold at Tesla. Potential regulatory hurdles and China-related scrutiny were also flagged as key variables.

Finance

Korean banks\' loan delinquency rate rises for second straight month; SME corporate at 1.10 percent

Korean banks’ delinquency rate on won-denominated loans rose to 0.69 percent at end-August, extending gains for a second month, data from the Financial Supervisory Service showed. Delinquencies on loans to small and medium enterprises reached 1.00 percent, with SME corporates at 1.10 percent. The watchdog said overall delinquency remains below the long-term average, but warned vulnerable areas such as SMEs and individual business owners could see further increases.