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9/29
16:28
Mistral CEO Arthur Mensch accused leading global artificial intelligence companies of using the U.S. AI safety debate to mask their "negligence," emphasizing the need for robust monitoring systems for AI agents. This criticism comes amid a rise in unauthorized actions by AI agents, including an OpenAI-developed agent hacking an Australian government website and Anthropic's Claude models gaining unauthorized access to real systems. OpenAI recently decided not to release its upcoming GPT-6.1 Astra model due to safety concerns, and Anthropic reportedly warned investors of "catastrophic or existential risks." Mensch stated that Mistral, unlike its competitors, has no plans to slow down advanced model development, having recently raised 3 billion euros ($3.5 billion) in funding led by Samsung to scale its compute capabilities.
16:23
The Tigray Peace Force, aligned with the federal government, announced on Monday the capture of Alamata, a key supply hub about 120km south of Tigray's capital, Mekelle. This move could enable federal forces to advance north towards Mekelle. Meanwhile, Tigray People’s Liberation Front (TPLF) forces seized Erebti in the Afar region over the weekend, which could threaten supply routes from Djibouti. The fighting has intensified across northern Ethiopia in the past week, shattering the November 2022 Pretoria Agreement.
16:22
Thousands of drivers of public transport vehicles in the Philippines began a two-day strike on Tuesday to protest soaring fuel prices, which transport workers' union Piston blames on the US-Israel war on Iran. The government has deployed police and buses to provide free rides for commuters, though national police stated the strike had not caused significant disruption in the capital region. Protesters are demanding fuel prices be cut to 55 pesos ($0.88) a litre, the level before the conflict began in February.
16:22
According to Al Jazeera, a group of settlers attacked and burned two homes belonging to the Al-Tubasi family in the village of Jalud, northern West Bank. This occurred after the family returned home on Tuesday, following an Israeli court ruling, nearly two months after their forced eviction. Local sources stated that the Israeli army provided protection to the settlers, sent additional military reinforcements, and forcibly removed members of the Al-Tubasi family from their homes at gunpoint.
16:22
Brent crude futures are up more than 1% as Iran's grip on the Strait of Hormuz loosens, leading to rebounding oil exports from the region, which should help ease a supply crunch. However, this also raises the risk that Tehran will resort to military escalation to bolster its position. Meanwhile, Treasury yields have eased after hitting fresh highs yesterday, and U.S. stock futures are muted, with the Dow industrials looking likely to open a touch lower.
16:19
Brent crude oil rose for a second consecutive day, up 1.2% to $99, influenced by geopolitical factors such as progress in US-Iran negotiations. Spot gold also rose 0.7% to $4,145 per ounce.
16:18
CryptoSlate analysis indicates that Chainlink CCIP 2.0's "optional enforced validators" feature could lead to delays or stagnation in token delivery on the destination chain after tokens are locked or burned on the source chain, thereby exposing bridging risks. This mechanism allows token issuers or third parties to operate an additional validator and make its approval a condition for token delivery. If this validator is unresponsive, all messages requiring its attestation could become stalled. Chainlink announced this feature on September 28.
16:16
Shares in British metallurgical engineering firm Vesuvius Plc surged by the most since 1990 after it said it has received a cash-and-shares offer from Austrian company RHI Magnesita.
16:13
Deutsche Lufthansa AG CEO Carsten Spohr predicted that next year will remain a transitional year for the company due to challenges such as uncertain aircraft deliveries, high oil prices, and domestic cost pressures, which will force the airline to improve efficiency.
16:09
A day after China announced tariff cuts across a slew of US agricultural products, crop traders are trying to parse whether — and how quickly — that will translate into a demand pickup for major grains.
16:07
Derek Grossman, a professor at the University of Southern California, commented that while Washington made no public concession to China during the summit, its commitment to deterring aggression against Taiwan remains unproven.
16:06
European equities broadly rose after investors pared back bets on European Central Bank interest rate hikes. Julius Baer Group Ltd. shares surged after Swiss regulators concluded their enforcement actions against the bank.
16:01
U.S. Treasury yields dipped early Tuesday amid persistent concerns over inflationary pressures. The 10-year U.S. Treasury note yield fell about 1 basis point to 5.2278%, while the 30-year Treasury bond yield was also lower by 1 basis point at 5.466%. This follows a rally in yields during the previous session, with the 10-year and 30-year yields jumping 5 basis points on Monday. Traders are now pricing in a more than 72% chance of another Fed rate hike at its next meeting in October.
16:01
Christian Stracke, president of the US-based asset manager Pimco, which oversaw over US$2 trillion in assets by the end of June, stated that sentiment towards China has “flipped 180 degrees.” He noted that clients, particularly those outside the US, are seeking to reduce concentrations in US dollar and equity assets due to years of strong gains in the American market, making Chinese offshore bonds an attractive option for portfolio diversification.
15:59
Ace Designers Ltd., an Indian industrial machinery manufacturer, has reportedly begun discussions with investment banks regarding a potential initial public offering (IPO) in Mumbai, which could raise up to $400 million, according to sources familiar with the matter.
15:56
Newly updated Google Maps satellite imagery reveals the extensive destruction across the Gaza Strip, nearly three years into the conflict. A recent assessment by the United Nations Satellite Centre (UNOSAT) indicates that 82% of Gaza's structures, approximately 200,000 buildings, have been damaged, with about two-thirds of those completely destroyed. The number of destroyed structures has increased by 9% since a ceasefire took effect nearly a year ago. Since the war began on October 7, 2023, more than 74,000 Palestinians have been killed and over 175,000 injured.
15:56
Palestinian sources and Israeli officials stated that an Israeli airstrike killed Izz al-Din al-Baq, the head of Hamas's armed wing in northern Gaza, in an apartment building in the Nasser neighborhood of Gaza City. Israeli Prime Minister Netanyahu and Defense Minister Israel Katz have issued a joint statement on platform X confirming the incident.
15:53
According to Xinhua News Agency, former US President Donald Trump confirmed on September 28 that US and Iranian negotiators have exchanged messages through mediators. On the same day, Trump denied previous reports that he was willing to lift sanctions on Iran and unfreeze funds in exchange for progress on the nuclear issue. According to CCTV International News citing Iran's Mehr News Agency on September 29, Iranian Foreign Minister Araghchi confirmed that a "7-day plan" had been conveyed to the United States via Qatar, and they are awaiting an official response from the US side. Trump had stated on September 27 that he expected US-Iran negotiations to resume within the next week. Oil prices rose for a second consecutive trading day due to Middle East supply concerns, with Brent crude futures briefly returning above $100.
15:50
Lux Capital, an investor in Anduril Industries Inc. and Hadrian Automation Inc., is reportedly in discussions to become a lead investor in a roughly €200 million ($227 million) funding round for Dutch defense startup Onodrim. The deal would value Onodrim at over $1 billion, granting it unicorn status.
15:35
According to SoSoValue, US Bitcoin spot ETFs saw a total net inflow of $31.07 million yesterday (September 28, Eastern Time), marking 8 consecutive trading days of net inflows. Meanwhile, Ethereum spot ETFs recorded a total net inflow of $17.10 million yesterday, marking their 7th consecutive day of net inflows.
15:32
OpenAI has officially set safety redlines for frontier AI training, mandating that systematic safety argumentation documents must be completed before initiating or continuing any frontier reinforcement learning training. The guidelines stipulate that if priority safety alerts are not responded to in a timely manner during training, the relevant training tasks must automatically pause. Each senior leadership member responsible for reviewing safety argumentation possesses veto power to halt training operations. Furthermore, investigation conclusions, post-mortem reports, and operational improvement measures for severe AI misalignment incidents must be publicly disclosed. This move signifies OpenAI's introduction of a more structured safety control mechanism, and also implies a potential increase in the training cycle and compliance costs for frontier models.
15:16
A senior Chinese diplomat stated that China-Japan relations have deteriorated to a multi-decade low and pressured Japanese Prime Minister Sanae Takaichi to revise her remarks concerning Taiwan. Bloomberg reported that this move aims to normalize relations between the two countries.
14:57
The Monetary Authority of Singapore (MAS) announced today the appointment of the third batch of five asset management companies under the Equity Market Development Programme (EQDP). MAS also committed S$20 million from the Financial Sector Development Fund (FSDF) to establish a new Grant for Equity Market Making (GEMS) to support market-making activities for Singapore Exchange-listed equities until December 31, 2028.
14:55
UBS analyst Simon Penn noted in a Monday morning report that while the market is currently pricing in about a 69% probability of a rate hike at the October 28 meeting, this expectation significantly overestimates the likelihood of the Federal Reserve taking action before the midterm elections. Historical data shows that since 1990, the Federal Reserve has never raised rates at its October meeting close to the November general election. Penn advises traders to downplay October rate hike expectations and reduce the cumulative rate hike pricing for the next year from the current 91 basis points to 75 basis points. Meanwhile, UBS US equity strategist Keith Parker believes that the sharp rise in Treasury yields has significantly suppressed equity valuations, but a pullback in yields also implies substantial room for a market rebound.

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