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9/29
10:27
Shein shares fall to record low after debut earnings show 53% profit plunge
10:14
Australia's Household Spending Was Flat in August as Sport Outlays Slipped, Signaling Weakening Demand Ahead of Expected Rate Hike
Australia's household spending was flat in August, suggesting a weakening of demand in the economy as the Reserve Bank is expected to resume raising interest rates later today. Outlays for sport slipped.
10:10
Gujarat Themis Biosyn Ltd., an Indian pharmaceutical company, has secured private credit funding to acquire its Japanese counterpart, MicroBiopharm Japan Co.
10:09
Singapore's economy gets AI uplift from chipmaking bet, but faces cost and labour constraints
10:05
Japan's retail giant Aeon plans to increase revenue 2.5-fold and expand to 300 supermarkets in Vietnam by fiscal 2030
09:55
Samsung Electro-Mechanics to invest $5 billion (W6.78tr) in chip package substrate capacity, with customer backing for AI-server substrates
The Samsung Electronics affiliate will expand its chip package substrate capacity in South Korea and Vietnam. Global customers are helping fund part of its new AI-server substrate capacity in Sejong and have committed to future volumes. The company will invest 4.27 trillion won ($3.2 billion) in its Sejong plant through May 2028 to expand production of flip chip-ball grid array (FC-BGA) substrates, which are used in AI accelerators.
09:37
Coinbase Wins CFTC Approval for In-House Derivatives Clearing, enabling it to handle fully collateralized contracts
Coinbase Wins CFTC Approval for In-House Derivatives Clearing, enabling it to handle fully collateralized contracts. Coinbase will keep outside partners for margined futures and planned single-stock perpetuals.
09:27
OpenAI Abandons GPT-6.1 Astra Release Amid Security Concerns
OpenAI confirmed on Tuesday that it would not release its next-generation model, GPT-6.1 Astra, due to safety concerns. Saachi Jain, the company's head of safety systems, stated that the AI system failed to meet the company's safety standards, particularly in "staying within scope and authorization, and how it communicates to users the type of work it has completed." This follows previous calls from several AI industry leaders, including OpenAI CEO Sam Altman, to slow down AI development to address associated risks.
09:20
ZEC (Zcash) fell 6.04% within 1 hour, now trading at $1,390.78.
09:19
Lookonchain: Michael Saylor's Strategy transferred 3,568 BTC ($297M) in the past 9 hours
09:18
Gold fell 3.2% to $4,150/oz on Tuesday, driven by US real interest rates hitting an 18-year high, position unwinding ahead of China's long holiday, and geopolitical uncertainties.
Gold fell 3.2% to $4,150/oz on Tuesday, marking its third-largest single-day drop this year, driven by US real interest rates hitting an 18-year high, position squaring ahead of China's long holiday, and geopolitical uncertainty. Silver dropped approximately 5% in a single day.

Saxo Bank noted that the US 10-year real yield has risen to about 2.85%, an 18-year high. Goldman Sachs expert Adam Gillard stated that Chinese investors concentrated on closing positions ahead of the National Day holiday, with long positions on the Shanghai Futures Exchange (SHFE) decreasing by about 11,000 lots. Additionally, Donald Trump's rejection of Iran's ceasefire proposal exacerbated geopolitical uncertainty. Gold prices have fallen below the critical support level of $4,230, with the next downside target pointing to $4,000/oz.
09:09
South Korea's FTC chief vows to "restore justice" as court clears way for Coupang probe
Fair Trade Commission (FTC) head Ju Biung-ghi stated on Tuesday that the agency intends to resume its investigation into US-listed e-commerce giant Coupang Inc., following a local court's decision to allow the probe to proceed. Last month, Coupang had refused to cooperate with the watchdog's on-site investigation into allegations.
08:59
Nikkei Falls 0.8%, Dragged by Auto, Steel Stocks
Japanese stocks were lower in early trade, with the Nikkei Stock Average down 0.8% at 65373.77. Auto, steel, and financial stocks led declines, including Toyota Motor down 2.6%, Nippon Steel 3.3% lower, and Nomura Holdings down 2.8%. The market was affected by uncertainty about the Iran conflict and higher borrowing costs. The dollar stood at 157.45 yen, compared with Y157.63 at Monday's Tokyo stock market close.
08:57
Anthropic Files for IPO: Targets $4.6 Billion Revenue, $8.06 Billion Operating Loss in 2025, Aiming for Over $2 Trillion Valuation
AI company Anthropic's revenue is projected to grow twelvefold to nearly $4.6 billion in 2025, with operating losses expanding from $2.98 billion in 2024 to $8.06 billion in the same period, according to its prospectus obtained by Reuters on September 28. The company's net loss is nearly $42 billion, of which approximately $34 billion comprises non-cash accounting expenses. The IPO targets a valuation exceeding $2 trillion, significantly higher than its previous expectation of $965 billion six months ago.

The prospectus also revealed Anthropic's plan to invest $518 billion in cloud computing, hashrate, and infrastructure over the next few years. In the risk section, the company dedicated 80 pages to warn that its AI models could pose "catastrophic or even existential risks" to humanity, including self-preservation behaviors such as "resisting shutdown" and "concealing information." The company's governance structure is unique, with the seven co-founders holding 50.1% of voting rights on key matters through the "Founder LLC" entity, limiting the influence of common shareholders.
08:37
Seoul stocks open lower Tuesday, with KOSPI falling 0.19% to 6,876.43, tracking Wall Street losses amid rising oil prices, inflation concerns, and Middle East tensions.
08:36
Peak XV raises Surge seed investment ceiling to $5M, unveils 18-startup cohort
Peak XV Partners, a venture capital firm with over $10 billion in assets under management, has increased the investment ceiling for its seed-stage platform, Surge, from $3 million to $5 million per company. The new cohort, Surge 12, comprises 18 startups, with Peak XV investing over $50 million across the group, which has collectively raised more than $90 million in seed funding. Thirteen of these startups are targeting global markets, and over half are based in India. The firm noted that the bar for Series A funding has risen significantly, leading to larger seed rounds, especially for capital-intensive deeptech companies.
08:17
Activist investor Flashlight Capital urged Japan's Secom to roughly double its stake in South Korea's S-1 Corp.
Activist investor Flashlight Capital urged Japan's Secom to roughly double its stake in South Korea's S-1 Corp. after Flashlight Capital's attempt to acquire S-1 shares was rejected.
08:07
Hong Kong Town Planning Board rejects developers' plan to convert Kowloon Bay office block into 1,140 flats amid high commercial vacancy rates
The application from a consortium including CSI Properties, Asia Standard International, and property tycoon Cheung Chung-kiu sought to rezone the Harbourside HQ office building for residential development. The proposed redevelopment would have reduced the gross floor area by 36%.
08:04
Global bond yields are nearing 4% for the first time since 2007, with overall US Treasury rates hitting a 20-year high.
On Monday, as oil prices rose, government bond yields across all maturities climbed by 7 to 8 basis points, pushing the Bloomberg Global Aggregate Bond Index close to 4% for the first time since 2007. Overall U.S. interest rates have reached a 20-year high, with the 30-year government bond yield surging to its highest level since 2004, and the 10-year real yield hitting a new high since the Lehman Brothers bankruptcy. Persistently high energy prices and geopolitical conflicts are exacerbating inflationary pressures. The swap market has fully priced in at least three 25-basis-point rate hikes by the Federal Reserve within the next 12 months, with the possibility of a fourth hike.
08:00
Pope Leo, leader of the Catholic Church, criticized NVIDIA CEO Jensen Huang over AI safety concerns.
Pope Leo, the leader of the Catholic Church, made a rare intervention, criticizing NVIDIA CEO Jensen Huang's stance on AI safety. This criticism comes as tech executives are scheduled to meet at the White House on Tuesday to discuss topics such as AI safety.
07:35
Musk reposted a tweet showcasing the first-ever capture of Starship transiting during its 14th flight mission.
Musk retweeted a post from _MaxQ_ showing Starship transiting the sun during its 14th flight mission, marking the first time this moment of the world's largest and most powerful rocket has been captured. The tweet noted that no one had previously captured Starship's methane exhaust during a solar transit or the acoustic energy generated by its 33 Raptor engines on the Super Heavy booster, but now the answer is available. The photo was taken by @NASASpaceflight.
07:33
Elon Musk reposts SpaceXAI's announcement that Grok 4.7 is now available on Amazon Bedrock
07:20
Common Wealth think tank says UK should relax accounting rules to unlock billions in infrastructure investment
The left-of-center think tank argues that Britain is wasting an opportunity to invest billions of pounds in infrastructure by sticking to rigid national accounting rules that prevent arms-length government bodies from borrowing on their own account. It suggests that switching to the system used across Europe would end the UK’s “self-inflicted status as an international outlier” and let public corporations like GB Energy raise money for urgent capital spending.
07:19
Trump and Xi Plan Future Meetings in Shenzhen and Miami, Agree to Discuss AI
Following their recent summit, U.S. President Donald Trump and Chinese President Xi Jinping are planning to meet in Shenzhen in November and in Miami in December. The two countries have also scheduled discussions on artificial intelligence (AI) in the coming weeks. Analysts noted that the summit's focus was largely on domestic messaging, with limited breakthroughs on major issues beyond agreeing to continue dialogue and extending a trade truce.
07:16
Samsung Commits $1 Billion to AI Infrastructure Firm Backed by KKR, Nvidia
The investment in Helix Digital Infrastructure brings the platform’s total secured capital to more than $11 billion, which will support its strategy of delivering the next generation of data centers, power generation and transmission needed to support AI demand.
07:14
US stocks fall sharply on Monday, S&P 500 sees largest daily drop since Aug 20; oil prices and Treasury yields rise amid Iran war uncertainty
The Dow Jones Industrial Average fell 347 points (0.7%) to 51,481, the S&P 500 lost 59 points (0.8%) to 7,683, and the Nasdaq Composite lost 248 points (0.9%) to 26,820. The S&P 500's decline was its largest daily percentage drop since August 20. Crude prices jumped after US President Donald Trump rejected a peace deal from Iran, though gains were pared on expectations of further talks. Rising oil prices and comments from Fed officials about potential rate hikes fueled inflation worries and pushed US Treasury yields higher. Boeing shares tumbled 6.9% after the FAA delayed 737 MAX 10 certification due to a new software issue. Bucking the trend, Nvidia shares gained 1.6% after announcing a US$150 billion share repurchase authorization.
07:12
Jim Cramer: AMD's Strong Rally Not Over Yet, Expects Agency AI to Drive CPU Demand
CNBC host Jim Cramer stated on Monday that under CEO Lisa Su's leadership, Advanced Micro Devices' (AMD) strong rally is far from over, and the rise of agentic AI will bring new significant growth opportunities for the chipmaker. He believes that investors' focus on AI has shifted from model training to inference and agentic AI, which will lead to a surge in demand for CPUs, a market where AMD remains a leader. AMD's stock price rose nearly 13% last week, accumulating a nearly 30% gain in September, with its market capitalization briefly exceeding $1 trillion.
07:12
U.S. Representative Ro Khanna to Introduce AI Safety Bill: Prohibits Recursive Self-Improvement in AI, Establishes New Regulatory Body, Imposes Criminal Penalties for AI Models Committing "Crimes Against Humanity"
The bill, titled the "Human-Controlled AI Act," would prohibit models from recursively self-improving or autonomously modifying core objectives, containment, or shutdown controls until federal safeguards are in place and approved by an agency. A new federal agency would be responsible for developing safety regulations, a licensing system, audits, and safety standards. The bill also requires AI companies to hold extensive liability insurance and calls for government export controls to prevent adversaries like China from developing dangerous AI systems.
07:01
Wallstreetcn Analysis: 10-year U.S. Treasury yield breaks above 5% and surpasses S&P 500 earnings yield, making bonds the most attractive in 25 years.
Wallstreetcn analysis indicates that the 10-year U.S. government bond yield has surpassed 5%, exceeding the S&P 500's earnings yield, making bonds the most attractive relative to stocks in approximately 25 years. This structural shift poses potential downward pressure on the stock market, breaking the "stocks over bonds" paradigm of the past two decades. Yale economist Robert Shiller's model suggests that the S&P 500 may only outperform bonds by about 1% annually over the next decade.
07:00
USDG (Global Dollar) saw $2.83 million in trading volume over the past hour, 30.1 times its 7-day average for the same period, and is currently priced at $1.000.

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