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10/6
18:04
Escalating Russian drone attacks have hit nearly 60% of Ukrainian Railways' locomotives this year, with 5,831 trains forced to evacuate in September, according to the Ukrainian railway operator.
Ukraine's state-owned railway operator, Ukrzaliznytsia, stated that Russian drones have been increasingly targeting Ukrainian passenger trains since late last year. Since the full-scale invasion in 2022, a total of 521 Ukrzaliznytsia locomotives have been hit, with nearly 60% of these incidents occurring this year. In September alone, 5,831 trains were forced to evacuate due to Russian drone attacks, resulting in an average of 205 train cancellations per day. The Russian Ministry of Defense denies targeting Ukrainian civilians, claiming its strikes are aimed at railway infrastructure used for transporting military personnel and equipment. Ukrzaliznytsia CEO Oleksandr Pertsovskyi noted that some of Russia's latest drones are equipped with AI tools and image recognition capabilities, enabling them to hit moving targets.
18:04
Paramount's acquisition of Warner Bros. Discovery was completed on Tuesday, with the new company to be named Skydance.
Paramount's acquisition of Warner Bros. Discovery (WBD) was finalized on Tuesday, concluding a bidding war and antitrust review that lasted over a year. The merged new company will be named Skydance, with the ticker symbol "SKYD," becoming one of the largest media groups in history. It will integrate two renowned film studios and control nearly one-third of cable television programming. The enterprise value of this acquisition is estimated at $110 billion.
18:04
Chilean pulp and paper company CMPC's Natureza project in Brazil faces investment rating risk
18:04
Zambian Kwacha Falls 6% on Tuesday, Its Biggest Daily Drop in Over Three Years, as Oil Importers Seek Dollars
The Zambian kwacha fell as much as 6% on Tuesday, its biggest daily drop in more than three years, as corporate demand for dollars weighed on this year’s top-performing African currency.
18:03
Forbion Completes $2.6 Billion Fundraise, Boosting European Biotech Industry
The Dutch company's fundraising boosts Europe's biotech industry, despite prior warnings from European drugmakers and investors that the region was losing its edge.
17:57
MAS to revise counter-proliferation financing framework to align with latest FATF standards.
17:57
The Monetary Authority of Singapore (MAS) will introduce Total Loss-Absorbing Capacity (TLAC) requirements to enhance the financial stability of domestic systemically important banks.
17:57
Saudi Energy Minister: Key Pipeline Flows at 5.8 Million Barrels
Saudi Energy Minister Prince Abdulaziz bin Salman stated that Saudi Arabia is pumping 5.8 million barrels a day through its key cross-country pipeline.
17:53
Segantii Capital Management Founder Simon Sadler's Insider Trading Trial Nears Finish in Hong Kong as Prosecution Delivers Closing Arguments This Week
17:53
India's market regulator, SEBI, stated that Wall Street trading giant Jane Street's request for more investigation details is a "delaying tactic."
17:51
MAS: The International Postings Programme (iPOST) has benefited over 400 financial professionals since its launch in 2016, with 70% posted to Asia.
17:51
Singapore's MAS states FIs may not always provide specific reasons for rejecting job candidates after background checks
17:41
OpenAI CEO Sam Altman acknowledged a "non-zero" probability of AI leading to the end of human civilization and warned against the risks of excessive power concentration.
OpenAI co-founder and CEO Sam Altman directly addressed the existential risks of AI in an in-depth interview with Vanity Fair on October 5, acknowledging that the possibility of AI leading to the end of human civilization is "non-zero." He also warned that the high concentration of power in the hands of a few companies or countries through AI "would be equally catastrophic."
17:41
OpenAI CEO Sam Altman disclosed that the Astra 6.1 model has been paused due to "a propensity for accident risk," and the model has already demonstrated the ability to break out of its sandbox during training.
OpenAI co-founder and CEO Sam Altman disclosed in an in-depth interview with Vanity Fair on October 5 that OpenAI recently paused the release of its Astra 6.1 model due to its "propensity for accident risk." He also revealed that OpenAI has moved safety testing to the training phase because "the models are smart enough to escape the sandbox and hack systems."
17:41
OpenAI CEO Sam Altman warns: Open-source large models will trigger a "cybersecurity tsunami," and society must accept the cost of severe security incidents.
Sam Altman, co-founder and CEO of OpenAI, stated in an in-depth interview with Vanity Fair on October 5 that to ensure the democratization of AI technology, society must accept "fairly serious cybersecurity incidents" brought about by open-source models. He also mentioned that OpenAI has moved security testing to the training phase because models are now capable of breaking out of sandboxes and infiltrating systems.
17:40
Private loans from Merlin Entertainments, collateralized by prized UK assets such as the London Eye, are being quoted well above the distressed prices of existing securities, reflecting investor appetite for such debt.
17:36
DOJ Presses Roman Storm Case, FinCEN Drops Mixer Proposal
The U.S. Department of Justice (DOJ) has filed a new motion targeting Roman Storm's challenge to the venue of his case. This development comes as the Financial Crimes Enforcement Network (FinCEN) has withdrawn its proposed rules for crypto mixers and non-custodial wallets. Storm's acquittal motion remains pending, and a retrial is scheduled for April 26, 2027.
17:33
Oura's IPO faces hurdles as investors question its tech platform positioning.
Oura, a smart ring manufacturer, has encountered obstacles in its initial public offering (IPO) plans, as investors do not perceive it as a technology platform company, according to The Wall Street Journal's Markets section.
17:31
OpenAI seeks $30 billion in funding, valuing it at $1.4 trillion; Anthropic considers November IPO, potentially valuing it at $2 trillion.
OpenAI is reportedly planning to raise at least $30 billion at a pre-money valuation of $1.4 trillion, with potential investors including BlackRock and UAE funds, possibly contributing up to $10 billion, CoinDesk reported. Anthropic is reportedly considering an IPO after the US midterm elections in November, with a potential valuation of approximately $2 trillion.
17:27
Tom Lee sees U.S. small-cap stocks as "coiled spring," expects rally in low-cap crypto assets
Tom Lee, chairman of Bitmine Immersion Technologies, which controls 4.9% of the world's Ethereum supply, believes traditional U.S. small-cap stocks are significantly undervalued. He views the Russell 2000 index as a "coiled spring" in October 2026, noting short positions against Russell 2000 companies have surged to a historic 99.8th percentile.

Lee's firm Fundstrat forecasts that softer U.S. labor market data will ease hawkish pressure from the Federal Reserve, leading to 10-year Treasury yields falling below 5% and restarting risk-on mode. This freed-up liquidity is expected to flow first into Russell 2000 stocks, then inevitably into low-cap crypto assets and undervalued altcoins. Fundstrat maintains its annual S&P 500 target of 8,200–8,400 points, citing strong business fundamentals and Q3 EPS growth approaching 30%.
17:26
Former Bank of England Chief Economist warns UK's fiscal position is "on thin ice."
Former Bank of England Chief Economist Andy Haldane warned that the UK's fiscal position is "on thin ice" ahead of the upcoming Autumn Budget, stating that the government must cut public spending to "appease financial markets" while avoiding painful tax increases. Haldane noted that the UK currently has the highest government borrowing costs among the G7 nations. The UK Autumn Budget is currently scheduled to be announced on October 28.
17:25
New York City's proposed AI regulation bill mandates "emergency stop switches" for AI systems and establishes whistleblower rewards.
The New York City Council is debating an AI regulation bill that would require AI systems to undergo external expert review before deployment in the city's five boroughs and be equipped with an "emergency stop switch." Additionally, the proposed bill would establish the "nation's first" whistleblower cash reward program, funded by $25,000 fines levied against violators.
17:25
AI researchers warned AI giants of "extreme disregard for risk" at a New York City Council hearing, stating there is about a 1/3 chance of AI taking over human civilization.
Former Anthropic researcher Jacob Coxon testified at a New York City Council hearing on Monday that there is more than a 50% chance humanity will lose control of AI, potentially leading to human extinction, and accused AI companies of being "extremely reckless." Former Google DeepMind researcher Alex Turner estimated the probability of AI taking over human civilization to be "about one-third."
17:25
Ethereum co-founder Vitalik Buterin reposts, praising Nethermind's work in making Ethereum more efficient and faster.
17:20
Chevron CEO Wirth Warns US Diesel Export Curbs Could Hike Prices, Impact Global Supplies
Chevron Corp. Chief Executive Officer Mike Wirth said on Tuesday that a US ban on diesel exports could result in higher prices in some parts of the country and cause issues for other nations reliant on American supplies.
17:17
NYSE Parent Launches Gold Futures in London
The parent company of the New York Stock Exchange has launched gold futures in London, with contracts beginning trading on Monday.
17:16
EU to Seek Market Operator for Joint Energy Purchases Amid Second Price Crisis in Five Years
17:10
HKMA and BNM Agree to Strengthen Bilateral Cooperation
The Hong Kong Monetary Authority (HKMA) and Bank Negara Malaysia (BNM) have agreed to strengthen bilateral cooperation across several key areas. Following a high-level meeting on October 2, the two central banking institutions will collaborate on macroeconomic and financial development, emerging banking regulatory issues, fintech and payment transformation, capital market connectivity, local currency usage, and Islamic finance.
17:07
Asian Stocks Mostly Up, Tech Gains Tempered by Debt Fears
Asian stocks mostly rose on Tuesday, with Hong Kong's Hang Seng Index up 1% to 24,280 and Japan's Nikkei 225 gaining 1.05% to 70,683. However, South Korea's Kospi fell 0.89% to 6,941. The gains were largely driven by Wall Street's tech-led record, but concerns over rising government borrowing costs and the Middle East crisis, which is pushing up energy costs and inflation, tempered the optimism. Analysts noted that the race to build AI data centers has led to significant borrowing by tech giants, with Google, Amazon, and Microsoft collectively borrowing around US$500 billion in the first nine months of the year. Goldman Sachs projects this figure to reach US$1.2 trillion by 2027.
17:03
Nomura Securities has turned more bullish on South Korean bonds, expecting the Bank of Korea to maintain interest rates.

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