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9/28
14:46
Singapore's state-owned investment company Temasek Holdings has acquired a 9% stake in Italian private equity firm FSI Management Company for an undisclosed sum, according to a joint statement. Temasek will also invest in FSI's future funds.
14:42
Rising global bond yields are fueling skepticism about Europe’s equity rally, as investors worry that fiscal and inflation risks are causing cracks in what has so far been a resilient economy. The Stoxx Europe 600 Index has risen 8% this year, underperforming a 13% advance in the S&P 500, with the divergence widening as yields marched toward highs not seen in more than two decades.
14:31
Upbit has commenced the distribution of the fourth weekly GAS airdrop for the snapshot period of September 19-25 (snapshot time: September 25, 9 PM to 10 PM KST), with completion expected within 24 hours.
14:31
CASHCAT is a community-driven Meme coin project launched on Robinhood Chain.
14:31
Leveraged funds increased their net short positions in standard CME Bitcoin futures by 1,599 contracts (7,995 BTC-equivalent) during the week ending September 22. Simultaneously, asset managers added 411 contracts to their net long positions, indicating a divergence in institutional positioning on Bitcoin's future direction, according to the latest CFTC snapshot.
14:28
Peter McCrory, Chief Economist at Anthropic, stated in a conversation at Harvard Kennedy School that based on Anthropic's underlying usage data, AI adoption is expected to boost labor productivity growth by 1.8 percentage points, potentially returning the U.S. macroeconomy to an era of high growth. He predicted that AI is highly likely to exacerbate inequality between capital and labor, and in extreme cases, the labor income share could fall by about 15 percentage points. McCrory suggested that to address the reshaping of wealth distribution and excessive automation, policymakers should consider tax reforms, including taxing consumption and introducing a "token tax" to curb negative externalities, analogous to carbon or tobacco taxes.
14:12
Brent crude is trading above $106 a barrel, as the 10-year US Treasury yields reached 5.2%.
14:07
On Monday (September 28), Chinese optical fiber concept stocks suffered a sharp decline, with Yangtze Optical Fibre and Cable (YOFC) H-shares leading the fall by 16.03% to HKD 156.6. The direct trigger for this decline was Hengtong Optic-Electric's private placement plan disclosed on the evening of September 24, which aims to raise no more than RMB 6.636 billion for the expansion of optical fiber preform and specialty optical fiber production capacity, sparking a new round of market concerns about oversupply in the industry.

However, UBS simultaneously published a research report, maintaining a "Buy" rating for YOFC H-shares against the trend. It significantly raised its net profit forecasts for 2026-28 by 116%-158% to RMB 9.1 billion, RMB 15.6 billion, and RMB 19.1 billion, respectively. The target price was also raised from HKD 290 to HKD 330, implying an upside potential of approximately 73% from the current share price. UBS believes that market concerns about overcapacity are severely overestimated, as AI-driven data center demand is fundamentally reshaping the supply and demand dynamics of the optical fiber industry, and the tight supply-demand situation for high-end optical fibers will continue until 2027-28. UBS pointed out that YOFC's strategic value as a core player in the global AI supply chain is severely underestimated.
13:54
China's widening lead in humanoid robot patents is raising the stakes for South Korea's push to compete in the fast-growing industry. According to Intellectual Property Office data obtained by Rep. Lee Jeong-heon’s office, China accounted for 60.8% of humanoid robot patents across the world’s five major intellectual property offices (IP5) as of the first half of 2026. The US held 21.8% and Korea 4.6%. China’s share rose from 51.8% in 2024, while Korea’s fell.
13:53
South Korean regulators are reconsidering their approach to crypto market making, which is currently restricted under the country’s manipulation rules, following a JPYC spike on Upbit this month that saw it trade at four times its pegged value.
13:52
Cardano founder Charles Hoskinson has predicted that the privacy-focused blockchain project Midnight will eventually become bigger than Zcash. Hoskinson believes this will be driven by a combination of privacy technology, artificial intelligence, cross-chain functionality, and Cardano's infrastructure. Midnight's mainnet went live in March. Currently, Midnight has a market capitalization of $437 million, ranking 122nd, while Zcash (ZEC) is a top 10 cryptocurrency with a market cap of $26.4 billion.
13:27
Nidec, a Japanese electric motor manufacturer, is expected to confirm impairment losses exceeding 600 billion yen (approximately $3.8 billion), primarily stemming from its electric vehicle traction motor system business, Nikkei Asia reported on Monday. Following this news, Nidec's stock price fell by 17%.
13:25
A Russian strike on Kharkiv injured at least 22 people, less than a day after eight were killed nationwide. Ukrainian drones struck an oil depot in Russia's Krasnodar region. Ukrainian President Zelenskyy stated Russia launched over 2,200 attack drones, 1,630 aerial bombs, and 38 missiles against Ukraine in the past week. Russian Foreign Minister Lavrov said Moscow intends to continue its military campaign "to the end."
13:21
South Korea’s local bond market reopened after holidays, with its three-year yield rising to the highest level since November 2022, joining a global selloff as elevated oil prices stoked concern over inflation.
13:18
Shares of National Stock Exchange of India Ltd. (NSE) slipped below their initial public offering price on the third day of trading, extending a lackluster start amid a broader equity selloff.
13:17
Zhuhai Amicro Technology, a robot chip designer backed by Xiaomi, has passed its listing hearing with HKEX, clearing the final regulatory hurdle for an initial public offering (IPO) in Hong Kong, according to people familiar with the matter. The company plans to begin pre-deal investor education as early as this week, aiming to raise over $100 million, and is expected to list in mid-October.
13:13
The Rating and Valuation Department reported on Monday that Hong Kong's private home price index climbed to 320.5 in August. On a yearly basis, the index was up nearly 11%, accumulating almost 7% gain in the first eight months of this year. Prices of small and medium-sized units were flat MoM but rose 11% YoY, while large units gained 0.4% MoM and 9.5% YoY. The rental index rose for the 10th consecutive month to 210.3, with a yearly gain of nearly 5.3% and a 4.9% increase in the first eight months of the year.
13:07
The Korean contract drug manufacturer presented a case at the BioProcess International Conference in Boston this week, demonstrating how it used chemistry, manufacturing, and controls to design molecule-specific processes that cut drug development time from 13 months to 9.5 months.
13:03
Binance Wallet now supports users paying gas fees with USDT on BNB Smart Chain, Ethereum, Solana, and TRON, eliminating the need for users to hold native gas tokens for each network before transactions. Binance stated that support for more networks will be added in the future.
13:01
Hana Financial TI, the IT services arm of Hana Financial Group, has built a private 5G network at the group's new Cheongna headquarters in Incheon. The network, developed with SK Telecom and Samsung Electronics, covers 16 floors and is designed to support flexible workspaces for approximately 3,000 employees.
12:56
The company announced Monday it will offer subscriptions to public institutions and businesses, including hotels, hospitals, and financial companies. Corporate customers can spread out the upfront cost of buying appliances and receive up to six years of free after-sales service.
12:55
Ethereum founder Vitalik Buterin stated that the Hegotá upgrade could be the network's final 'normal' fork, with PeerDAS marking the beginning of Ethereum's transition from being merely a blockchain to becoming something much more powerful.
12:45
Pimco is taking an increasingly constructive stance on Australian bonds, believing that the market has overestimated interest rate hike expectations in the face of a slowing local economy.
12:44
Chinese shares touched a one-year low, led by a selloff in technology firms after a report that authorities may allow purchases of Nvidia Corp.’s new chips and proposed US sanctions on foreign optical producers.

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