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10/8
20:06
Qatar National Bank (QNB) has secured a $2.5 billion syndicated loan, primarily led by Asian lenders. This indicates sustained market interest in financing Gulf borrowers despite ongoing regional conflicts, according to sources familiar with the matter.
20:05
SoftBank Group and Grab plan to develop AI infrastructure in Sarawak, East Malaysia. The agreement also includes a local energy group and a plan to jointly cultivate talent.
20:05
Saylor retweeted MicroStrategy's post announcing that the company will hold its Q3 2026 earnings call on October 29 at 5 PM ET. The call will be livestreamed on Zoom, X, and YouTube.
20:03
Investors considering an initial public offering (IPO) for AI company Anthropic PBC are grappling with an unusual dilemma: how to value a company that some fear could lead to human extinction.
20:01
JPMorgan states that rising 30-year yields pose a growing risk to small- and mid-cap equities, driven by deteriorating government finances. The firm notes that around 60% of global GDP now comes from countries with debt exceeding 100% of GDP and fiscal deficits, an unprecedented situation. Only 9% of U.S. small- and mid-cap stocks offer dividend yields above 30-year Treasuries, down from 19% in early 2024 and a 24-year low.
20:00
THORChain's September income hit a record $3.01 million, with 63% generated during a five-day surge linked to the Bitget hack, as the protocol rejected calls for intervention. The cross-chain exchange's swap volume climbed to $2.40 billion, its highest since June 2025. Approximately $1.9 million of the income was generated between Sept. 25 and Sept. 29, coinciding with funds linked to the Bitget exploit moving through the network. THORChain defended its position against selective intervention, citing its decentralized and permissionless nature.
20:00
Ukraine announced it has received proposals from India, Turkiye, Egypt, and the United States to broker talks with Russia, aiming for narrow truces covering energy facilities, ports, or Black Sea commercial shipping. Ukrainian Foreign Minister Andrii Sybiha stated that India's proposal is the most comprehensive, marking its first willingness to play a role. The US proposal includes a mutual halt to energy strikes, reopening the grain corridor, and a trilateral meeting with Ukraine and Russia, which has been postponed to late October. Ukraine is open to a combined energy and Black Sea shipping ceasefire, and an unconditional ceasefire along the front lines. Russia has welcomed India's peace efforts publicly but reportedly rejected India's and other Black Sea ceasefire options privately. US President Trump recently signed a law granting him powers to sanction buyers of Russian energy and urged Ukraine to stop targeting Russian diesel facilities.
19:53
Shiba Inu (SHIB) has produced double death-cross signals on its hourly and two-hour charts, where the 50-period moving average crosses below the 200-period moving average. This technical pattern suggests bearish pressure, coming after a golden cross on its daily chart last week had sparked optimism for an "Uptober" rally. SHIB is down 1.36% in the last 24 hours to $0.000005405, in line with a broader market drop following the Federal Reserve's latest meeting minutes, which indicated officials expect further interest rate hikes this year.
19:53
100.02 Bitcoin (BTC) that were mined in July 2010, when the cryptocurrency traded for approximately 6 cents, moved on Wednesday at 18:52 UTC after remaining untouched for over 16 years. The coins are now valued at roughly $8.5 million. The transaction sent 10 BTC to one address and approximately 90.02 BTC to another, with both holdings remaining unspent as of Thursday morning.
19:49
Saudi Arabia and the UAE will support a Japanese-led initiative to boost Asia's oil reserves, following supply disruptions caused by the war that have heightened energy security concerns.
19:49
Wall Street professionals believe that chipmakers remain the best way for equity investors to capitalize on the race for the top artificial intelligence agent, even as Meta Platforms Inc.’s Muse appears to have taken the lead.
19:47
The Korea Composite Stock Price Index (KOSPI) recently fell below its 100-day moving average, signaling a clear technical weakening and diverging from the Philadelphia Semiconductor Index (SOX), which continues to attract capital inflows. Furthermore, stock buyback demand, which previously supported the market, has weakened prematurely, and high oil prices are adding to the pressure on the South Korean economy. Goldman Sachs believes that the KOSPI's correction is more akin to a "positioning-driven washout" rather than a peak in the semiconductor cycle, given robust forward earnings expectations and low valuations for Korean tech stocks.
19:46
On October 8, China's A-share and Hong Kong stock markets saw divergent trends. Shares of the six major state-owned banks (Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Postal Savings Bank of China) generally strengthened. Among them, Industrial and Commercial Bank of China's A-shares closed up 0.36% at 8.31 yuan per share, and Bank of China's A-shares closed up 1.19% at 6.81 yuan per share, with both hitting new historical highs during intraday trading. Meanwhile, technology-related "light assets" such as semiconductors, optical modules, and optical chips suffered heavy losses. The STAR Market 50 Index closed down 4.82%, Changxin Technology fell 7.79%, and Yuanjie Technology dropped nearly 20% (near the daily limit). Wall Street Insights analyzed that this reflects the market's risk-averse and profit-seeking operational logic amidst a volatile market.
19:45
Iran's Foreign Minister stated that negotiations with Washington are ongoing through mediators, with both sides still exchanging information. Tehran has submitted a "seven-day plan" and is currently reviewing the US proposal, with a response expected in the coming days, according to Tasnim News Agency.
19:44
The US House Select Committee on China stated that Webull's ownership, workforce, technology, data flows, financing, and compliance are "tied in structural ways" to China, despite its marketing as an American company. The report cited alleged Chinese Communist Party influence over Webull's mainland unit, Hunan Weibu, through Changsha Municipal Government grants. Webull, which holds $24.6 billion in customer assets, rejected the findings, stating it operates its US business from Florida and New York and keeps American customer data on US soil. Webull's president, Anthony Denier, sold 53,846 shares on Monday, less than 48 hours before the report's release.
19:42
Samsung Electronics' mobile experience (MX) division has requested partners to cut product supply by 20% to 30% for the fourth quarter, according to multiple IT industry insiders. Due to rising memory and semiconductor prices, some industry sources have stated that Samsung is currently "losing money on every smartphone sold." This production cut is larger than market expectations, with full-year shipments now projected to drop from 270 million units to just over 200 million. Data from semiconductor market research firm TrendForce shows that prices for low-power DRAM used in smartphones surged by 175% year-on-year in the second quarter, with an estimated further increase of about 20% in the third quarter. Additionally, Samsung Electronics is set to release its preliminary third-quarter earnings on the 8th, with some brokerages already forecasting an operating loss of 19 trillion Korean Won for the MX division.
19:40
The European Central Bank's (ECB) September meeting minutes revealed that Eurozone financial markets have continued to be driven by rising energy prices since the July meeting, with market attention focused on increasing global long-term yields. The minutes noted that energy prices and futures curves surged due to renewed conflict between the US and Iran, with European natural gas prices reaching their highest levels since early 2023. Markets have pushed up inflation expectations and policy rate outlooks, anticipating persistent inflationary pressures until 2027, and for the first time, raised the ECB's terminal rate expectation above 3%. Additionally, coordinated intervention by US and Japanese authorities to support the yen led to an appreciation of the euro against the US dollar.
19:34
Reports indicate that tanker captains navigating the dangerous Strait of Hormuz are now earning base salaries of up to $100,000, along with a $50,000 bonus per voyage, with overall crew pay reaching four to six times normal salaries. This comes as shipping traffic through the strait fell to its lowest level since July, while oil prices rose on Thursday morning due to ongoing attacks on tankers and extreme logistics costs. Brent crude futures increased by $2.28, or 2.28%, to $102.28 a barrel, and US West Texas Intermediate crude futures gained $1.66, or 1.88%, to $89.94. Shipping companies are reportedly spending $30-40 million for a single round trip to move oil, with crews taking measures like turning off transponders and lights, and barricading decks with sandbags.
19:33
Analysts across several financial institutions project Alibaba Group Holding's cloud and artificial intelligence unit revenue growth to have accelerated in the three months ended September 30, up from the 45% growth seen in the preceding quarter. The unit's profit margins are also expected to rise, driven by strong returns on its aggressive AI investments.
19:29
Devon Energy Corp. has agreed to sell its drilling portfolio in the Eagle Ford shale basin of South Texas to Crescent Energy Co., an oil producer backed by KKR & Co., for approximately $4.2 billion.
19:29
Bangladesh signed a 15-year deal with Dubai-based logistics company DP World on Thursday to operate and maintain the New Mooring Container Terminal (NCT) at Chattogram Port, the country's largest. The agreement ends years of delays and negotiations over one of Bangladesh's most politically sensitive infrastructure projects.
19:28
The Trump administration is proposing a $70,000 fee for international students seeking work authorization through OPT, a significant increase from roughly $500 currently. Additional work training would cost $30,000, potentially making U.S. employment significantly harder for foreign graduates. The proposal faces a 30-day public comment period and potential legal challenges before taking effect.
19:25
Germany's Ministry for Economic Affairs and Climate Action on Thursday released its autumn forecast, significantly raising its 2026 GDP growth projection from 0.5% to 1.3%, marking the fastest growth since 2017. The 2027 growth forecast was also revised upwards from 0.9% to 1.1%. This upward revision is primarily attributed to strong exports in the first half of the year and a substantial increase in government spending, bringing Germany's economic growth outlook back to pre-Middle East conflict levels. The Ministry noted that the manufacturing sector performed exceptionally well despite the impact of the Middle East conflict, with global supply constraints prompting companies to stockpile energy-intensive goods in advance, providing an unexpected boost to the economy. However, the Ministry expects growth to slow to 0.6% in 2028, with ongoing geopolitical instability and elevated energy prices remaining key downside risks.
19:22
Mike Greenley, CEO of Canadian satellite technology company MDA Space, stated that space defense systems are becoming increasingly necessary as Russia and China enhance their hypersonic missile capabilities. He noted that space-based systems can detect, track, and potentially intercept incoming missiles, at a cost no higher than other advanced defense technologies. The United States recently confirmed for the first time that it has deployed weapons in space, and President Donald Trump is planning to invest $185 billion in a ballistic missile interception system called "Golden Dome," while also calling for an increase in the US defense budget to $1.5 trillion by 2027.

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