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10/7
18:29
Hyperliquid CEO stated that early Wall Street wealth-creation opportunities remain inaccessible to retail participants, and Hyperliquid’s perpetual contracts aim to democratize access.
18:28
Bulgarian authorities have concluded the search for crew members of a cargo ship that sank off the country's coast following a drone attack, confirming no survivors were found. The search was called off on Tuesday evening. Earlier on Tuesday, two merchant ships in the Black Sea region were reportedly attacked by drones, with one catching fire and the other sinking. The attack occurred approximately 80 nautical miles east of the Bulgarian coastal town of Byala.
18:28
Al Jazeera reports that more than one-tenth of Gaza's pre-war population has been killed or wounded since Israel launched its war on the strip in October 2023. Almost every family is mourning the dead or caring for the wounded, and most residents have been forced to repeatedly relocate to escape fighting and evacuation orders. With almost the entire population displaced, the Gaza Strip has become one of the world's largest tent cities. Although a 2025 ceasefire agreement halted large-scale offensives and the most intense bombing, Israel continues to regularly attack tents, cars, and buildings, and still prevents most construction materials from entering Gaza, leading to the stagnation of large-scale reconstruction plans.
18:23
US President Donald Trump stated he would speak with Russian President Vladimir Putin about the death of a lab worker at a plague research center in Siberia, with discussions already underway. Trump expects to report on the talks, possibly on Thursday. The World Health Organization (WHO) has called for transparency from Russia regarding the incident, which has sparked fears of pneumonic plague. Russian officials are investigating the cause of death and have denied it was pneumonic plague, stating that all contacts tested negative.
18:23
Japan's Fair Trade Commission has raided the offices of Asahi Breweries and Kirin Brewery over alleged collusion to raise beer prices. Both companies confirmed the raids to the BBC and stated they are fully cooperating with the investigation. Sapporo Breweries and Suntory Spirits were also reportedly raided. Following the news, shares of Asahi, Kirin, and Sapporo all fell. According to The Japan Times, the investigation focuses on price increases made by these companies last April and in October 2022, citing rising raw material costs.
18:22
The Kremlin denied most media reports regarding the Siberian plague lab incident, stating that employee deaths were reported to the WHO as per standard procedure, and that Russian regulators are the correct source for relevant information.
18:11
The Monetary Authority of Singapore (MAS) stated in a parliamentary reply that its latest stress tests estimate approximately 1% of housing loan borrower households, or about 4,000 households, could face cash flow shortfalls and insufficient savings to cover them under an extreme adverse scenario of sharply rising mortgage rates and significant income reduction. MAS and relevant agencies have established multi-channel support, including early identification by financial institutions, offering loan restructuring, employment assistance, and temporary financial support. MAS reminded households to be prudent with debt and maintain adequate savings to cope with economic uncertainties.
18:09
Eric Trump stated that massive investments in artificial intelligence, while once a factor in suppressing cryptocurrency prices, will ultimately become the fastest-growing driver of digital asset growth.
18:02
Kevin Lee, Strategy Director at BingX, stated that wealthy investors have adopted a longer-term strategy for holding Bitcoin, but family offices still have limited exposure to cryptocurrencies.
18:02
IMF Managing Director Kristalina Georgieva issued a stark warning to the French government in a CNBC interview on Wednesday, urging it to bring its finances under control. France is facing political instability and rising debt, with its 10-year government bond yields (OATs) having risen by more than 100 basis points since the start of the year. Georgieva noted that France's deficit reached 5.1% of GDP last year, exceeding the EU's recommended 3% reference value, and stressed the need to bring it under 5%.
18:00
Intel CEO Pat Gelsinger stated in a Bloomberg interview in Tokyo on October 7 that Intel will continue to participate in Elon Musk's "Terafab" chip plan. Previously, Musk revealed he was discussing potential Terafab cooperation with TSMC, sparking market concerns about Intel's role in the project being affected. Following the news, Intel's stock price briefly fell by 3.9%. Intel had signed on as a development partner for the project in April this year.
17:51
Bitcoin fell 2.3% in two hours, with the decline attributed to suspicion over the appearance of leveraged BTC short positions on Hyperliquid.
17:45
Hong Kong's Hang Seng Index fell 0.6 percent to 24,130, snapping a two-day winning streak, as investors took profits. The Hang Seng China Enterprises Index shed 0.6 percent and Hang Seng Tech lost 0.7 percent. Mainland markets were closed for a national holiday. In Tokyo, the Nikkei 225 lost 0.9 percent to 70,035, and South Korea's Kospi fell nearly 2 percent to 6,803, its lowest since September 17. Meanwhile, crude prices rebounded, with Brent crude up 0.7 percent at US$101.26 per barrel and US benchmark crude rising 0.3 percent to US$89.66, amid fresh concerns about Middle East supplies following a warning that Iran appeared to be stepping up attacks in the Strait of Hormuz.
17:42
U.S. Secretary of State Rubio said on Wednesday that Iran has failed to seize "multiple" opportunities to reach an agreement on its nuclear program, and negotiations between Washington and Tehran on a lasting peace deal in the Middle East remain deadlocked. Rubio's remarks come as Iran has recently escalated attacks on oil tankers passing through the Strait of Hormuz, and oil prices have risen after Houthi attacks on Saudi airports.
17:34
According to U.Today, Evernorth (ticker: XRPN), an XRP "pure" treasury company originally scheduled to list on Nasdaq on October 8, has officially postponed its trading start date to Monday, October 12, 2026. The delay is due to technical administrative issues, but company management emphasized that this will not affect the ultimate completion of the transaction. The transaction involves approximately 473 million XRP tokens and about $300 million in cash, with total committed funds exceeding $1 billion, aiming to provide regulated XRP exposure for stock market investors.
17:25
Three years after the October 7, 2023, attacks by Hamas, which killed nearly 1,200 people and saw about 250 taken captive, Israel's politics and global standing continue to be reshaped. The subsequent war on Gaza has killed over 74,000 Palestinians, and Israel has expanded its attacks to several regional states. Observers note a collective trauma amplified by political rhetoric, leading to a significant lurch further to the right in Israeli society. Polls suggest widespread support for expelling Gaza residents, expanding settlements, and executing Palestinian prisoners. The events have shattered the myth of Israeli military invincibility and contributed to the country's growing international isolation, with international bodies describing Israeli rule over Palestinians as apartheid. Former Defence Minister Yoav Gallant described Palestinians in Gaza as "human animals," and National Security Minister Itamar Ben-Gvir boasted of distributing thousands of government arms to settler groups.

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