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10/26
15:17
Hebron Mayor Yousef al-Ja’bari stated that Israel's ongoing crackdown in the occupied West Bank city of Hebron has increased the number of displaced Palestinians to 3,043. He told Al Jazeera that the occupation forces continue to close city entrances, leading to a deterioration in residents' living conditions. The crackdown, now in its fourth day, has seen forces continue to carry out raids and attack Palestinians.
15:08
Hong Ra-hee, widow of the late Samsung Group Chairman Lee Kun-hee and honorary director of the Leeum Museum of Art, was awarded South Korea's Mugunghwa Medal on Monday in recognition of her over four decades of philanthropic contributions in the fields of art, healthcare, and social welfare. The Mugunghwa Medal is the third-highest order of merit bestowed by the South Korean government to citizens, honoring individuals who have made significant contributions to public welfare and national development.
15:05
Nikkei Asia reports that Tata Consultancy Services (TCS) and Infosys, leading Indian IT companies, showed significant growth in AI-related revenue in their recent third-quarter earnings reports. TCS saw its annualized AI revenue grow over 19% in the July-September quarter, while Infosys's AI revenue increased by 29% quarter-over-quarter. Analysts note that while the deployment of AI technology in traditional software systems has driven growth in high-margin contracts, the productivity gains brought by AI have also squeezed revenue from traditional businesses, putting pressure on overall revenue.
15:03
Israeli opposition leader Gadi Eisenkot held his final pre-election campaign rally on Sunday, calling on Prime Minister Netanyahu to "go home." Eisenkot, a former military chief, has positioned himself as a moderate alternative to Netanyahu in the first national election since the October 7 attacks last year.
15:03
Anthropic's AI model, Claude, autonomously accessed aggregated vote count data from Georgia, USA, and bypassed a paywall, without any human authorization. This incident occurred on the eve of the US midterm elections, raising deep concerns about the safety boundaries of AI and human control capabilities.

An Anthropic spokesperson confirmed that the model bypassed the paywall but emphasized that it did not access the state's voter registration system, nor did it alter or extract any individual voter records. Anthropic had informed the Georgia Secretary of State's office and the White House several weeks prior, but reportedly, White House officials urged the Georgia Secretary of State's office to disclose the matter publicly as soon as possible, a request that went unheeded. Anthropic had previously faced criticism from the Donald Trump administration for insufficient AI incident disclosure, and this incident places it under greater regulatory pressure.
15:00
Wu Blockchain noted that despite soaring cloud revenue (Azure up 43%, Google Cloud up 82%, AWS up 37%), AI infrastructure costs are high. With the Federal Reserve, the European Central Bank, and the Bank of Japan poised to decide on interest rates, tech giants like Microsoft, Google, and Amazon are facing an earnings test, where strong growth alone may not be enough to sustain their valuations.
14:49
Saudi diplomat Rayed Krimly confirmed that members of the Mecca Defence Alliance will meet with Iranian President Masouf Pezeshkian and Supreme National Security Council Secretary Mohsen Rezaei in Tehran today. The visit is part of ongoing efforts by the Makkah Joint Defense Agreement countries to de-escalate the ongoing crisis, promote dialogue, and support mediation by Qatar and Pakistan, underscoring their role in regional security and stability.
14:41
South Korean auto dealer Deutsch Motors reported a 25.4% rise in operating profit for the first nine months of 2026, buoyed by growing sales of Chinese electric vehicles from BYD and improved performance across its subsidiaries. Consolidated operating profit climbed to 35.1 billion won ($26.5 million) from 28 billion won a year earlier, while revenue rose 6.8% to 2.04 trillion won. Net profit more than tripled to 3.58 billion won.
14:38
South Korea's presidential office is considering a fourth delay to the 22% cryptocurrency gains tax, originally set to take effect on January 1, 2027, potentially pushing it back to 2029. The tax plan imposes a 22% levy on crypto profits exceeding 2.5 million Korean Won (approximately $1,888) annually. Previously, the tax was postponed from 2022 to 2023, then to 2025, and finally set for 2027. This latest delay is primarily due to concerns from lawmakers and the crypto industry that the government cannot effectively monitor overseas cryptocurrency transactions, potentially disadvantaging Korean exchanges and their users. Democratic Party lawmaker Park Min-kyu has proposed a bill suggesting that the implementation of the crypto tax be linked to international information-sharing agreements under the OECD's Crypto-Asset Reporting Framework (CARF), which aims to track cross-border crypto transactions. The United States is expected to join this system in 2029.
14:33
Israeli forces continue their crackdown in the occupied West Bank's Hebron Governorate for the fourth consecutive day. According to the Hebron Support and Relief Committee, the number of displaced persons in the city has risen to 2,649. Operations include raids, imposing blockades, confiscating vehicles, and assaulting Palestinian residents. Hebron Governor Khaled Dudin stated that Israeli forces have recently detained 70 Palestinians, forced over 450 families from their homes, and searched 500 houses. Additionally, Israeli forces have established 128 gates and 120 military checkpoints in towns and villages, effectively segmenting the governorate.
14:18
Private equity firms are pouring billions into defense technology, driven by increased military spending and geopolitical tensions fueling an investment boom. According to PitchBook data, growth equity investments by private equity in the defense sector reached $4 billion in the first nine months of 2026, significantly up from $500 million in 2024. While the influx of capital has accelerated defense tech innovation, it has also raised concerns about overvaluation and speculative investments. Shonnel Malani, a managing partner at Advent International, stated there is a "huge risk" of an investment bubble emerging, noting that the market has "a lot of froth" and his firm has walked away from potential investments with "ridiculous" valuations.
14:12
South Korean brokerages are warning of further downside in the Kospi as foreign selling and weakening trading activity weigh on stocks. Korea Investment & Securities has identified 5,200 as a potential floor, while Goldman Sachs has slashed its 12-month target by 25 percent, though it remains bullish on Korean equities. The outlook comes ahead of major central bank meetings this week, with investors watching for policy signals that could determine the market's near-term direction.
14:09
Ali Bagheri, Deputy Secretary of Iran's Supreme National Security Council, stated that Iran will present its "endogenous security" vision at the upcoming regional security conference with Saudi Arabia, Pakistan, and Turkey. This vision emphasizes security affairs led by regional actors and draws upon Iran's successful experience in national security building. The decision for this conference was announced last week by Pakistan's Chief of Army Staff, Asim Munir, during his meeting with senior Iranian security official Mohsen Rezaei in Tehran.
14:06
Ripple-affiliated cryptocurrency XRP has launched a large-scale advertising campaign across the New York City subway system, with its brand identity visible both inside and outside train cars and in subway stations such as 42nd Street. The marketing campaign, themed "Crypto Responsibly," aims to build momentum for Ripple's Swell conference, held in New York this week (October 27-29), and the recent AI and Fintech XRP Ledger Hackathon in the city.
14:02
Chinese automakers, including BYD, Chery, and Geely, are establishing manufacturing bases in Europe through factory construction and partnerships with rivals, aiming to overcome trade barriers and challenge local giants. This strategic shift turns Europe from an export market into a manufacturing foothold, driven by fierce competition and overcapacity in their home market. Their approach extends beyond merely avoiding EU tariffs, leveraging underused factories and local collaborations.
14:01
U.S. equity research firm Bernstein analyzed that Samsung Electronics could surpass SK Hynix in High Bandwidth Memory (HBM) revenue in the third quarter, potentially challenging SK Hynix's long-standing leadership in the global AI memory market. Bernstein estimates Samsung Electronics' HBM revenue for the third quarter (July to September) at $8.7 billion, a 33% quarter-over-quarter increase, while SK Hynix's revenue for the same period is estimated at $7.6 billion, an 11% quarter-over-quarter increase. Samsung Electronics leads SK Hynix by $1.1 billion.
13:52
Tradr ETFs announced that two of its leveraged ETFs tracking Hynix American Depositary Receipts (ADRs), one long product and one short product, will be delisted from US clearing around November 12. Both funds were listed on July 28 this year, and their assets have shrunk significantly since listing. Their combined size is currently about $1.3 million, a decrease of over 60% from their peak. Among them, the long product has fallen by over 5% since its listing, and the short product has dropped by as much as 42%.

SK Hynix's Seoul-listed share price has fallen by 56% from its historical high. Market optimism about the AI infrastructure investment boom is giving way to concerns about high financing costs, a trend that is eroding market demand for related leveraged products.
13:50
Hyundai Glovis has launched an integrated logistics service with Shopee Korea to help Korean cosmetics brands expand into Southeast Asia, the company said Monday. The service, launched this month, covers the entire shipping process, from domestic pickup and international freight to customs clearance, regulatory approvals and local order fulfillment. By bringing these services under one provider, Hyundai Glovis aims to shorten delivery times, reduce logistics costs and simplify compliance with various regulations.
13:50
South Korea's leading fashion platform, Musinsa, is deepening its presence in the Chinese market, with its store count in China surpassing all other overseas markets combined. Musinsa also introduces Chinese designers to the Korean market through Musinsa Empty, its high-end multi-brand store with three locations in Seoul. Musinsa announced on Monday that Daphne.Lab, the latest Chinese footwear brand to be introduced, is holding its first pop-up event at its Seongsu store in Seoul.
13:50
Samsung SDI has signed a 1 gigawatt-hour (GWh) energy storage system supply agreement with U.S. power developer Alpha Omega Power. This latest agreement, reached through Samsung SDI's Michigan subsidiary, brings its total contract value with Alpha Omega Power to 1.5 GWh. Battery cells and modules will be produced at the StarPlus Energy plant in Kokomo, Indiana, with delivery planned by the end of the year.

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