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10/22
11:20
Syrian state news agency SANA reports Israeli forces shot dead a disabled man in southern Syria.
11:16
According to Wu Blockchain, SSV Labs, the core developer of the Ethereum staking protocol SSV Network, submitted governance proposal DIP-59 on October 21, seeking to significantly cut its development roadmap. This move aims to address the challenging market environment and financial pressures faced by the DAO. The proposal shifts the development focus from new products to network maintenance, security, and compatibility with Ethereum upgrades, and extends SSV Labs' involvement until June 2027. Additionally, SSV Labs disclosed that the previously approved payment of approximately 1.74 million SSV tokens (DIP-31) remains outstanding.
11:15
NVIDIA is in talks with Australian AI cloud service provider Firmus Grid to inject hundreds of millions of dollars. This follows Firmus's failed IPO plan, which valued the company at $30 billion, and its current pursuit of at least $2 billion in private financing. NVIDIA's move aims to tangibly support the AI ecosystem, after its previous verbal endorsement of CoreWeave failed to stabilize the market.

NVIDIA has participated in Firmus's three most recent funding rounds and is one of its significant shareholders. According to The Information's Tuesday report, this potential investment is NVIDIA's latest effort to bolster the entire ecosystem amidst a large-scale sell-off in AI stocks and a deteriorating financing environment for AI data center operators.
11:09
International oil prices rose due to renewed geopolitical tensions in the Middle East, while concerns about artificial intelligence eased. Meanwhile, Asian stock markets generally fell.
11:03
Asian stocks opened lower on Thursday, with the Hang Seng Index falling 0.58% to 23,513 points before losses expanded, as lingering concerns over artificial intelligence and uncertainty in the Gulf weighed on investor sentiment. Mainland China's Shanghai Composite Index opened up 1 point at 3,714, while the Shenzhen Component Index fell 0.12% to 11,690. Japan's Nikkei 225 opened 0.13% lower at 64,539, and South Korea's Kospi opened down 1.14% at 5,670, both later seeing chip-sector shares give back gains. In the US, Meta's plan to issue non-voting class C common stock drew renewed scrutiny on AI spending despite beating revenue expectations. Brent crude rose 1.1% to US$110.03 a barrel, near a five-month high, as the US ordered diplomats to leave Saudi Arabia amid Houthi strikes and reports emerged of US-Israeli plans for renewed attacks on Iran after the US midterm elections.
11:03
Iran's nuclear program has once again emerged as a major obstacle in negotiations to end the US-Israel war on Iran, with Washington and Tehran remaining divided over uranium enrichment and the future of Iran’s nuclear stockpile. Iranian security chief Mohsen Rezaei insists that "even a particle of enriched uranium will not exit Iran at all," rejecting demands for Tehran to transfer its nuclear material abroad. Meanwhile, US Vice President JD Vance calls for meaningful reductions in enrichment capacity, as the US seeks a long-term, verifiable commitment from Iran not to rebuild its nuclear weapons capabilities. A June memorandum of understanding proposed reducing uranium enrichment levels under international supervision but left key details unresolved.
10:58
Japanese artificial intelligence startup EpicAI plans to deploy its software to accelerate vehicle design reviews for domestic automakers, as they struggle to keep pace with Chinese electric vehicle rivals bringing new models to market at a much faster pace. The company aims to slash safety-related review times and eyes a 2027 product introduction.
10:52
Adam Meyers, Senior Vice President of Counter Adversary Operations at U.S. cybersecurity firm CrowdStrike, stated that while South Korean banks have pledged to increase investment in AI cybersecurity, they must first address fundamental security vulnerabilities that allow even inexperienced hackers to breach financial institutions. Meyers' team has assisted in exposing how AI is used in these attacks.
10:49
According to Al Jazeera, on October 21, 2026, intensified fighting between government forces and Houthi rebels in the al-Mudhaffar district of Taiz province, southwestern Yemen, resulted in severe damage to buildings and infrastructure. Heavy shelling in urban areas caused widespread destruction to infrastructure across the province.
10:33
India's digital services giant Jio's initial public offering (IPO) has seen overwhelming demand on its first day, standing in sharp contrast to the Reliance group’s recent stock-market performance and the broader Nifty index's struggles.
10:33
Shares of Elice Inc., a new South Korean cloud service provider, rose 25% to 99,900 Korean Won in Seoul on Thursday, surpassing its IPO price of 90,500 Won for the first time. The company's shares had hit the daily limit-up on Wednesday, closing up 30%.
10:32
U.S. Congressman Jamie Raskin posted on X, condemning the Israeli army for detaining dozens of American citizens in the West Bank, including Democratic congressional candidate Brad Lander and at least 31 other U.S. citizens. These citizens were assisting Palestinian farmers in harvesting olives at the time. Raskin also accused Israeli settlers of continuously "terrorizing Palestinians."
10:28
Goldman Sachs reported on October 20 that global crude oil freight rates have surged sevenfold within a year, with the global average freight cost skyrocketing from approximately $3/barrel to over $20/barrel. Freight rates on Middle East routes have even exceeded $35/barrel. The bank identified the Strait of Hormuz war risk premium, ship-to-ship transfers, rising marine fuel costs, inefficient tanker deployment, and disruptions to the Iranian fleet as key drivers. High freight rates are widening crude oil spreads and squeezing refiner margins, with Asian refiners, who are highly dependent on long-haul crude oil imports, being the most affected. Their profits are nearing a critical point, potentially threatening refined product supply and pushing up end-user oil prices. Goldman Sachs expects high freight rates to persist as long as the Middle East conflict maintains its current status, posing an upside risk to Brent crude oil prices.
10:28
Goldman Sachs Research published a report after NVIDIA's GTC Berlin conference, maintaining a "Buy" rating on NVIDIA with a 12-month price target of $300, representing approximately 38.6% upside from the current share price of $216.47. The firm noted that NVIDIA's core message reinforced its view that AI deployment remains on track for the foreseeable future.
10:28
NVIDIA announced several AI advancements at its GTC Berlin conference on October 21, including the launch of the DSX POD modular data center solution, which can reduce deployment cycles from months to two weeks. Supply chain partners announced a 2.5x expansion in substrate capacity and a 3x expansion in CoWoS packaging. NVIDIA also released the OpenShell architecture to address enterprise AI security issues and disclosed that physical AI revenue for the first half of FY27 has reached $11 billion, approximately 30% higher than the full FY26.
10:27
IBM announced its third-quarter earnings, with both revenue and adjusted EPS exceeding Wall Street expectations. The company's revenue reached $17.103 billion, a 5% year-over-year increase; adjusted EPS was $2.95, up 11% year-over-year.

IBM also raised its full-year free cash flow growth guidance to "over $1 billion" and increased its full-year software revenue growth forecast to 7%-8%. Software business revenue was $7.804 billion, up 8% year-over-year, serving as the primary growth driver this quarter. AI-related work accounted for approximately 30% of consulting revenue, but overall consulting business revenue remained flat.
10:19
South Korean JB Financial Group is expanding its business into Central Asia by acquiring 100% of Kyrgyzstan-based financial company Epoke, seeking growth opportunities beyond the Southeast Asian market. Its subsidiary, JB Woori Capital, has agreed to acquire Epoke, which is the parent company of Kyrgyz financial firms Korky Credit and Korky Leasing. The transaction is expected to close by the end of the year, pending regulatory approvals and registration.
10:18
Yemen’s internationally recognised government has warned civilians in Houthi-controlled areas against participating in gatherings organised by the group, stating that such gatherings would be considered “legitimate military targets”.

According to Al Jazeera, the Defence Ministry accused the Houthis of using these events, including cultural gatherings, to recruit children and young people for military activities, urging civilians to stay away to avoid putting their lives at risk.
10:12
Deutsche Bank energy analyst Michael Hsueh's research indicates that the trajectory of the Middle East situation will be key in determining Brent crude oil prices in 2027. If peace talks are achieved in the Middle East and the Strait of Hormuz returns to normal transit, oil prices could fall to $74 per barrel; if the conflict continues to spread, they could surge to $130. Incidents of vessel attacks in the Middle East region rose in October to their highest level since the war began, with Brent crude prices climbing to approximately $110/barrel, exceeding Deutsche Bank's previous baseline and adverse scenario forecasts. The bank admits that macroeconomic forecasts face an unusually high degree of uncertainty.
10:08
South Korean crypto exchange Upbit has issued an announcement warning users about recent scams impersonating the GIWA chain, an Ethereum Layer 2 network being developed by its parent company, Dunamu. Upbit stated that the GIWA chain is currently in its testnet phase, with development and preparations underway for its official mainnet launch. Any information circulating in the market regarding the GIWA chain's mainnet launch, digital asset issuance, and investment opportunities is false. Upbit urged users to verify information through official GIWA channels to avoid losses due to fraud.

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