Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.

Faster global financial news!

24/7 News

LIVE
Important Only
Title Only
9/29
11:22
Jefferies analysts released a report after attending the Quantum World Congress (QWC), stating that the quantum computing industry is undergoing a profound paradigm shift. The core challenge has moved from "can we build good qubits" to "can we build truly usable computers." This means the focus of competitive advantage is shifting entirely from physics innovation to system engineering, manufacturing control, and ecosystem development. The report notes that the U.S. Department of Energy is leading the development of unified measurement standards, upgrading the government's role from funding provider to industry rule-maker. The National Quantum Initiative Reauthorization Act is expected to pass soon, which will be a positive catalyst for federal contract holders such as D-Wave Quantum (QBTS), Quantinuum (QNT), and Rigetti Computing (RGTI). Jefferies maintains an overall positive rating on the quantum sector, believing that the industry's transition towards quantifiable, system-level milestones is providing investors with a clearer path to commercialization.
11:17
Citigroup Research noted in a September 28 report that the Federal Reserve's policy reaction function has become more sensitive to immediate inflation data and energy prices. The bank anticipates that the upcoming September non-farm payrolls will show an increase of approximately 85,000 jobs, with the unemployment rate rising slightly from 4.1% to 4.2%. This outcome is deemed insufficient to significantly reduce market pricing for a more than 50% chance of a rate hike in October. Citi believes that only extreme scenarios, such as negative non-farm employment or an unemployment rate rising to 4.3%, would prompt the market to re-evaluate the probability of a rate hike. Concurrently, Citi expects core PCE inflation data, to be released this Wednesday, to be significantly revised downwards, but notes that this is already anticipated by the market, limiting its actual impact. Therefore, the ultimate decisive factor for whether a rate hike occurs in October will hinge on the September core CPI reading.
10:56
Iranian Foreign Minister Abbas Araghchi met with Qatari mediators in New York on Monday to discuss proposals for reopening the Strait of Hormuz. Araghchi stated that the Qatari mediators would convey the ideas discussed in the meeting to the United States and hoped to receive a final response from Washington by Tuesday. A U.S. official said that indirect discussions were ongoing and the talks were "positive and constructive," but emphasized that no agreement would be reached unless the issue of Iran's nuclear program was resolved. The official added that President Donald Trump was willing to lift sanctions on Iran and unfreeze Iranian funds in exchange for progress on the nuclear issue. Donald Trump had previously rejected Iran's proposal at the UN General Assembly on Saturday, which included unfreezing funds, lifting sanctions, and ending the naval blockade in exchange for reopening the strait, calling it "unacceptable."
10:53
The Singapore dollar edged lower against the US dollar in Asian trading, with the greenback strengthening 0.1% to S$1.2777. The Wall Street Journal cited OCBC Bank research strategists, stating that ongoing US-Iran tensions have pushed up oil prices, exacerbating inflation concerns. Meanwhile, rising oil prices, high US Treasury yields, and the resilience of US economic data continue to support the US dollar.
10:45
SlowMist Chief Information Security Officer (CISO) 23pds stated that Apple has released a critical security update, which likely patches a zero-day vulnerability actively exploited to drain cryptocurrency wallets. Apple acknowledged a report indicating that the issue may have been exploited in extremely sophisticated attacks against specific targeted individuals, affecting iOS versions prior to iOS 27.
10:44
Diogo Almeida, founder of TypeSafe, stated on the a16z podcast that existing AI programming tools only increase coding speed, but the software itself has not improved. He believes that AI and software "going their separate ways" is the root cause of the current AI dilemma. He introduced his company's AI decision model, Jev, a new programming primitive that embeds intelligence directly into software, enabling programs to understand intent and make probabilistic decisions, with "extreme reliability" at its core. Diogo believes that SaaS companies will be among the biggest beneficiaries of the AI wave, and the "software extinction theory" will be reversed.
10:43
Financial Secretary Paul Chan on Monday attended the 11th annual meeting of the Asian Infrastructure Investment Bank (AIIB) in Doha, stating that Hong Kong would continue to support the AIIB in assisting members with infrastructure project preparation and financing. He also delivered a keynote address on digital public infrastructure, citing Hong Kong's iAM Smart platform and Faster Payment System as examples.

On the sidelines, Chan met with Uzbekistan's Minister of Investment, Industry and Trade, Laziz Kudratov, encouraging Uzbek enterprises to utilize Hong Kong's international financing platform, including listing opportunities for exchange-traded products and real estate investment trusts. He also met with Qatar Development Bank CEO Abdulrahman Hesham Al-Sowaidi to explore joint efforts in promoting bilateral trade, supporting start-ups, and strengthening venture capital cooperation.
10:33
Saudi Aramco, the Saudi national oil company, began loading crude oil through the East-West Pipeline to the Red Sea port of Yanbu on Sunday (September 27), with a transmission volume of approximately 3.5 million barrels per day. The pipeline had been shut down since September 10 after an attack. Meanwhile, CNN reported on Monday that U.S. officials revealed Donald Trump was willing to lift sanctions on Iran in exchange for progress on Iran's nuclear program, but Donald Trump later posted to deny this. Saudi media Alhadath reported that Iran had agreed to suspend uranium enrichment in exchange for sanctions relief, but this lacked official confirmation. Buffeted by alternating bullish and bearish news, international oil prices fluctuated sharply on Monday (September 28), with WTI crude oil at one point rising nearly 4.5% to $96.54/barrel, before giving back gains and briefly turning down nearly 1% to $91.25/barrel.
10:31
Meta Platforms is partnering with South Korean internet giant Naver to integrate Naver Map's voice navigation feature into Ray-Ban Meta and Oakley Meta AI glasses by the end of this year. Users will be able to listen to real-time walking navigation instructions through the built-in speakers, eliminating the need to check their phones. Naver stated that it is the first South Korean internet company to collaborate with Meta in the AI glasses sector.
10:14
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.
09:55
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 will keep outside partners for margined futures and planned single-stock perpetuals.
09:27
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.
09:18
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
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
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
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.
08:36
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. after Flashlight Capital's attempt to acquire S-1 shares was rejected.

What is 24/7 News

This is where the pulse of global digital wealth beats.

In the fast-paced world of digital currencies and global financial markets, a one-minute delay could mean missing a prime investment opportunity—or taking on unnecessary risk. On this battlefield where value is reshaped by the second, Svmuu·Flash News is dedicated to building a direct channel of information for you that is lightning-fast, precise, and free of noise.

We break free from the lag inherent in traditional media. By monitoring the internet around the clock, we deliver every key development in the global crypto market and the macroeconomy to your screen in seconds—using the most concise and intuitive language.

Our Features

Instant Response—Every Second Counts

Leveraging a powerful automated data-scraping network in tandem with a professional editorial team, we track major global trading markets, significant on-chain transactions, key project developments, and major global political and economic news 24 hours a day, non-stop. This ensures that when major news breaks, you’ll be the first to receive the core facts.

Filtering Out the Noise, Distilling the Signals

Faced with an information deluge, blindly chasing “quantity” often leads to decision paralysis. Our editorial team prioritizes not only speed but also the “substance” of the information. We filter out ineffective marketing hype and repetitive noise, distilling only the hard-hitting insights that provide practical guidance on market trends and capital flows.

Dual Focus on the Crypto Ecosystem and Global Macro

Our updates aren’t limited to industry developments within the crypto space; we also closely monitor major macro events such as global geopolitical conflicts, policy red lines set by the Federal Reserve and other central banks, fluctuations in traditional commodities, and the restructuring of global supply chains.We understand that today’s digital asset market is deeply intertwined with global macro liquidity, and every macroeconomic development has the potential to send ripples through the crypto space.

Our Service Commitment

We fully understand that in a frenzied and volatile market environment, emotions often run ahead of reason. Therefore, our news section consistently adheres to the principle of “objective reporting, impartiality, and no misinformation.”We do not peddle fear or fabricate myths; we simply serve as the most level-headed sentinel guiding your investment decisions.

Follow Svmuu (Shuimu Finance) · Breaking News. Amid the complex and ever-changing market cycles, let us be the first to help you identify the winds that determine the trend.