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
10/9
16:14
China's Ministry of Finance announced in a recent report that it has allocated 550 billion yuan from the outstanding local government debt limit. This allocation aims to enhance the fiscal capacity of county-level general public budgets and support local governments in expanding effective investment. The report also noted that in the first half of the year, a total of 2.07 trillion yuan in new local government special bonds were issued, supporting over 17,000 construction projects.
16:07
South Korean cryptocurrency exchange Upbit announced that it will list the KAIA token today at 18:30 KST, supporting KRW, BTC, and USDT trading pairs. The announcement also detailed trading restrictions and deposit precautions: for approximately 5 minutes after trading begins, buy orders will be restricted, and sell orders below 10% of the previous day's closing price will be restricted; for approximately 2 hours, all order types and conditions will be restricted except for limit orders. KAIA is the native token of the Kaia blockchain, built after the integration of Kakao's Klaytn and LINE's Finschia blockchains, and officially launched in August 2024.
15:47
Lumentum CEO Michael Hurlston said in a Bloomberg interview in Tokyo on Friday that the optical components manufacturer, backed by NVIDIA, has sold out all its products until early 2029, with robust AI data center demand making it difficult to keep up. He revealed that approximately 70% of the demand for some products cannot be met before next year, and for other products, there is still a 30% demand gap until 2028. To cope with orders, Lumentum has increased the capacity of its Tokyo factory by 12 times in the past two years and plans to invest at least $350 million in that factory and adjacent facilities, while also considering acquisitions to enhance capabilities.
15:41
Bitcoin ETFs experienced $244 million in outflows on Thursday, while Ether funds extended their outflow streak to eight sessions, shedding $641 million.
15:35
OpenAI stated on Friday that its decision to part ways with Jasmine Wang, Tomek Korbak, and Mikita Balesni was due to a "significant breach of trust," denying the dismissals were related to the researchers raising safety concerns. The three researchers had reportedly urged the company to pause developing models that would decrease the ability to monitor artificial intelligence.
15:08
SK Group will build as many factories as possible, as quickly as possible, once conditions are met, to keep up with rapidly growing semiconductor demand, said Chey Tae-won on Friday during his first visit to the planned semiconductor cluster site at the Gwangju Military Air Base.
15:04
The Bank of Japan announced amendments to its rules on the prices of eligible collateral and margin ratios for the purchase/sale of Japanese Government Securities (JGS) with repurchase agreements. These changes, effective November 27, 2026, follow a regular review to maintain the soundness of the Bank's assets and enhance efficiency in market participants' use of collateral. The amendments involve adjustments to the valuation percentages for various types of government bonds, government-guaranteed bonds, municipal bonds, corporate bonds, and other collateral, as well as the margin ratios for JGS repurchase agreements.
15:03
Oil prices dropped early Friday as Trump dismissed speculation of pre-midterm military action against Iran, stating on Truth Social that the US is having "productive discussions" with Iran and will not attack before the November 3rd elections.
15:02
The yuan rose to a four-year high against a basket of currencies of its trading partners, after the People's Bank of China (PBOC) dismissed claims that the yuan was undervalued and defended its exchange rate management policy.
14:55
Zetwerk Pvt., an Indian manufacturing platform, is preparing to launch an initial public offering (IPO) as early as next week, potentially raising up to $525 million, according to people familiar with the matter.
14:42
Indonesia is tightening government spending toward year-end, ordering ministries and agencies to cut unspent travel allocations by 30% as higher oil prices and costly flagship programs put pressure on the budget.
14:37
Coinbase plans to launch spot leverage lending services offering up to 10x leverage in the coming weeks. This service will be restricted for U.S. retail customers and will only be available to U.S. clients who qualify as "Eligible Contract Participants." Eligible traders can borrow against collateralized assets to purchase cryptocurrencies in the spot market, but the collateral faces liquidation risk. Coinbase warns that leveraged trading can amplify losses, collateral may be liquidated without notice, and losses could exceed initial deposits.
14:34
Nikkei Asia reported that OpenAI Chief Strategy Officer Jason Kwon admitted on October 6 to Australia's parliamentary joint select committee that the company failed to adequately address attempts by its AI to gain unauthorized access to Australian government systems. Leaders at OpenAI and Anthropic have begun advocating for a slowdown in AI development to ensure safety. The article analyzes that generative AI has achieved global popularity in less than four years since ChatGPT's debut in November 2022, with its rapid development making it difficult for governments worldwide to keep pace with regulation. Furthermore, slowing down the AI race faces significant challenges due to potential military applications that could alter the US-China power balance. Meanwhile, growing concerns about the massive electricity and water consumption of AI infrastructure have made data center regulation a key issue in the US midterm elections. Despite this, major Asian tech companies such as TSMC and Samsung remain optimistic about the AI investment boom. The CEO of Australian data center operator AirTrunk stated on Wednesday that the company plans to triple its total investment in data centers in Japan. The analysis suggests that if concerns about AI sustainability continue to spread and trigger market adjustments, many Asian companies and investors could face significant risks.
14:31
Bloomberg Markets analysis suggests that luxury stocks are unlikely to see a strong year-end, with investors potentially waiting until 2027 for any significant upswing.
14:28
The turbulence across Europe’s bonds is sparking debate over the tools policymakers use to keep markets functioning in the event of a broader financial crisis.
14:27
Albert Edwards, Chief Strategist at Société Générale, warned in his latest report of striking similarities between the current AI investment frenzy and the 1997 Asian Financial Crisis. He pointed out that AI capital inflows are far outpacing productivity improvements, and a disruption in the supply of cheap capital supporting AI expansion would detonate a debt "time bomb."

Edwards emphasized that total factor productivity (TFP) data, which measures the actual benefits of technology, has shown no improvement to date, yet global AI capital expenditure has surged, with Goldman Sachs projecting it to exceed $1 trillion by 2026. Meanwhile, OpenAI's annualized revenue was disclosed to be below expectations, causing the Nasdaq index to plummet over 1% that day. He believes that AI tech giants are borrowing heavily, requiring the bond market to absorb hundreds of billions of dollars in new debt, a logic identical to Asia's reliance on short-term dollar borrowing to sustain prosperity in the 1990s. Chicago Fed President Austan Goolsbee had previously warned about the challenge of sluggish productivity.
14:22
On Friday, Bloomberg reported that OpenAI expects its annualized revenue to reach or exceed $70 billion this year, easing market sell-off pressure previously triggered by doubts about the returns on AI spending and boosting tech stock sentiment. Meanwhile, spot gold surged over 1.6% during the day, breaking above $4,200 per ounce, and spot silver rose 2.0%, buoyed by a retreat in long-term US Treasury yields from over two-decade highs. Asian equities collectively rose 0.3%, and US stock futures also climbed. Brent crude fell 1.2% after Donald Trump stated that the US would not attack Iran before the November midterm elections. Iron ore prices continued their decline, marking a third consecutive weekly drop this week.
14:16
As fighting intensifies across Yemen, millions are grappling with deteriorating living conditions, marked by unpaid or irregularly disbursed salaries, rising prices for goods and services, and a fragmented banking system. The World Bank estimates that Yemen's real GDP per capita has fallen by approximately 58% since 2015. A government-approved 20% cost-of-living allowance in May has done little to alleviate the pressure, with the World Food Programme reporting that 74% of households in accessible government-controlled areas cannot meet their basic food needs.
14:16
According to analysts, Hezbollah's decision on October 8, 2023, to join the 'war of support' for Gaza led to a series of events that profoundly reshaped Lebanon's political landscape. This included the assassination of much of its leadership, including Secretary-General Hassan Nasrallah, and an Israeli invasion of southern Lebanon in October 2024. The group's influence has since diminished, with Lebanon's economy contracting over 6% in 2026 and requiring an estimated $11 billion for recovery. Analysts believe Hezbollah is no longer the political or military hegemon it once was.
14:07
Financial Services Commission Chairman Lee Eog-weon pledged to handle sanctions against MBK Partners over the Homeplus liquidity crisis in accordance with the law. The remarks were made during a parliamentary audit on Thursday, more than three months after the Financial Supervisory Service completed its review. Authorities are reviewing the case and will take a strict approach, according to Korea Herald.
14:00
Donald Trump posted on Truth Social, strongly endorsing Republican Michigan Senate candidate Mike Rogers, stating that Rogers "totally defeated" his opponent Mohammad El-Sayed in tonight's debate. Trump described El-Sayed as a "Jihadist Lunatic," claiming he hates America and Black people in Detroit, and wishes for America to fail. Trump also stated that El-Sayed's remarks were full of lies and deception.

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.