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10/12
17:58
Israel expands military control in Gaza, restricting 65% of territory after a year of 'ceasefire'
Al Jazeera reports that Israel has expanded its military occupation in the Gaza Strip, violating a US-brokered 'ceasefire' and forcing 2.1 million Palestinians into an ever-smaller share of the besieged territory. Nearly two-thirds (65%) of Gaza is now under Israeli military control or subject to access restrictions. On Sunday, Israeli forces moved 'Yellow Line' concrete blocks dozens of meters west in Shujayea, Gaza City, further expanding controlled areas. This leaves 2.1 million people in approximately 35% of the Strip, with population density nearly tripling since before the war to about 16,000 people per square kilometer, and each person having only about 61 square meters of land. Over 90% of Gaza's population has been forcibly displaced, 82% of structures are damaged or destroyed, and nearly 1,500 people have been killed since the ceasefire was announced.
17:57
Nobel prize in economics awarded to Robert E. Hall and Michael Woodford
17:51
Trump announces Russia and Ukraine have agreed to an energy truce, as India urges broader peace
U.S. President Donald Trump announced on Sunday that Russia and Ukraine have agreed to an energy truce. This comes as India steps up efforts to broker a broader peace arrangement between the warring parties.
17:50
Bybit to list YPFUSDT TradFi Perpetual Contract on Oct 12, 2026, 11:05 AM UTC, with up to 25x leverage
Bybit will list the YPFUSDT TradFi Perpetual Contract on Oct 12, 2026, 11:05 AM UTC, with maximum leverage of up to 25x. The contract will also be available for trading via Futures Bots.
17:50
Bybit to list VISTUSDT TradFi perpetual contract on Oct 12, 2026, 11:05 AM UTC, with up to 25x leverage
17:50
Bybit to list PBRUSDT TradFi Perpetual Contract on Oct 12, 2026, 11:00 AM UTC, with up to 25x leverage
17:50
Bybit will list NUSTOCKUSDT TradFi perpetual contracts with up to 25x leverage at 11:00 AM UTC on October 12.
17:49
Bybit will list MELIUSDT TradFi perpetual contracts with up to 25x leverage at 11:00 AM UTC on October 12.
17:46
Zelenskyy Says Putin Violated Trump's "Energy Ceasefire" as Russia Attacks Ukrainian Power Plants
Ukrainian President Volodymyr Zelenskyy stated that Russia attacked Ukrainian power plants after US President Donald Trump announced an "energy ceasefire" on Sunday, and that Putin is violating the arrangement.
17:37
Standard Chartered launches institutional custody for Ripple’s RLUSD on XRP Ledger
The bank is working with Ripple and LMAX Group to enable RLUSD as eligible collateral for certain LMAX products under its collateral mirroring model, available through its DIFC branch regulated by the Dubai Financial Services Authority.
17:37
Upbit to restrict multiple account logins to main accounts only, effective Nov. 10
Upbit announced that starting November 10, users with multiple accounts will only be able to log in with their designated main account, and sub-accounts will be restricted from logging in. The exchange operates on a "one person, one account" principle and advises users to transfer assets from sub-accounts to their main account before the change.
17:34
AI Agents Are a Threat to Travel Businesses, But Airbnb Could Still Be a Winner by Turning Repeat Customers Into Loyal Ones, WSJ Analysis Says.
17:33
Hong Kong SFC to Strengthen Tools Against IPO-Related and Other Corporate Misconduct
17:29
Binance founder CZ retweeted a post, stating that while he cannot meet everyone, he frequently arranges 5-minute one-on-one meetings and hopes to meet community supporters at the Binance Blockchain Week (BBW) event in Thailand in November.
17:27
Indonesian Stocks Tumble on Speculation Over Regulatory Fines, Benchmark Hits Three-Month Low
Indonesian stocks slid, sending the benchmark index to a three-month low as speculation that some of the country’s largest-listed companies could face regulatory fines rattled sentiment.
17:22
Asian stocks were mixed on Monday, with mainland Chinese equities and South Korea's KOSPI index falling due to interest rate concerns and geopolitical tensions.
Asian major stock markets showed mixed performance on Monday, influenced by rising global interest rates, trade tensions, and inflation concerns stemming from the Middle East conflict. Mainland Chinese stocks fell, with the CSI 300 Index dropping 0.7% to a 13-month closing low. The Shanghai Composite Index fell 16 points, or 0.43%, to close at 3,797 points. The Shenzhen Component Index dropped 256 points, or 2.03%, to close at 12,384 points. The ChiNext Index fell 79 points, or 2.61%, to close at 2,963 points. South Korea's KOSPI index plunged 241 points, or 3.65%, to close at 6,384 points, its lowest closing level since August 11. Hong Kong's Hang Seng Index, however, rose 59 points, or 0.2%, to close at 24,271 points. Market risk appetite was further dampened by the US launching investigations into technology companies such as Luxshare Precision and Foxconn Industrial Internet. The market reaction to China Securities Regulatory Commission (CSRC) Chairman Wu Qing's Saturday seminar and the draft rules released on Friday to lower the threshold for establishing equity public funds was muted. (Reuters & Xinhua News Agency)
17:18
Former HSBC Executive Launches AI Wealth Management Platform a2b2.ai
A former HSBC executive has launched an AI-powered wealth management startup called Equora, whose platform a2b2.ai aims to help "mass affluent" investors actively manage portfolios, monitor risks, and discover opportunities through 10 AI agents. These AI agents focus on tracking product maturities, detecting fraudulent transactions, and flagging market volatility impacting portfolios.
17:14
Intel and Broadcom CEOs Warn: Capital Crunch Could Be the Biggest Bottleneck for AI Development
CEOs of Intel and Broadcom warn that access to capital could become a major constraint on the AI boom, even as demand for computing infrastructure continues to outstrip supply. Broadcom CEO Hock Tan stated at the DBS Asia Future Forward conference in Singapore that financing might be a greater obstacle to AI expansion than shortages of semiconductors, memory chips, or power. Intel CEO Lip-Bu Tan also expressed concerns about financing, pointing to rising capital costs and questions about whether companies making heavy investments in AI will ultimately achieve sufficient returns.
17:09
SDIC Securities' Lin Rongxiong: A-share tech sector's second wave of rally this year is expected, with late October being a critical window.
Lin Rongxiong's team, chief strategist at SDIC Securities, stated in their weekly strategy report published on October 11 that a second wave of gains for A-share technology stocks is anticipated within the year, with late October being a critical window. The team believes that if leading US AI companies' Q3 earnings reports and capital expenditure guidance are released concurrently, coupled with the A-share Q3 reporting window and DeepSeek's preparations for a STAR Market listing, it will constitute a crucial validation period for the AI industry's prosperity. If long-term US Treasury yields decline as fiscal expectations cool, the A-share technology sector is expected to clearly begin its second wave of gains. The report emphasizes that the current market is at a critical juncture, transitioning from the "third quadrant to the fourth quadrant." This means that under a combination of ongoing K-shaped economic divergence in China and potential marginal easing of pressure from US Treasury yields, AI technology is poised to be the first to achieve valuation recovery due to its independent prosperity.
17:04
India's Kaynes Semicon targets $31M revenue by March 2027, seeks foreign help to build chip ecosystem
Kaynes Semicon CEO Raghu Panicker stated that the company aims for 3 billion rupees ($31 million) in revenue by the fiscal year ending March 2027. Panicker emphasized that India requires greater involvement from foreign semiconductor companies to successfully establish a chip ecosystem, as Kaynes Semicon also eyes new segments like the power industry.
17:03
Gaza Famine Fears Persist, Mothers Queue for Hours for a Single Meal
Every morning, Palestinian mother Niyaha al-Masri leaves her tent in Khan Younis to join a long queue outside a community kitchen, hoping that hours of waiting will secure a meal for her family of ten. More than a year after the Hamas-Israel ceasefire, hunger remains a daily reality for many Palestinians in the Gaza Strip. According to Al Jazeera, over 1.4 million people currently face severe food shortages, with aid insufficient to meet basic needs.
17:03
Jeonbuk Bank in South Korea reportedly launches Bitcoin-backed business loans.
Jeonbuk Bank in South Korea has reportedly started offering Bitcoin-backed loans to corporate clients, with a third-party custodian holding the cryptocurrency as collateral.
17:02
OKX to rename USD/USDⓈ spot trading pairs to USDC trading pairs
16:52
Binance founder CZ retweeted, quoting the adage: "Over-focusing on competitors is the fastest way to build a mediocre product."
16:49
China's hot coal prices have risen to a three-year high due to slow domestic production growth, disruptions to Indonesian exports, and energy price increases driven by the US-Iran conflict.
Bloomberg Markets reports that China's thermal coal prices have surged to a three-year high. This is primarily due to a confluence of factors, including slow growth in domestic production, supply disruptions from major exporter Indonesia, and rising energy prices driven by the US-Iran conflict.
16:46
Kraken's parent company, Payward, has received full approval from Dubai's VARA and will launch services in the UAE in the coming weeks.
Kraken's parent company, Payward, has received full market approval from Dubai's Virtual Assets Regulatory Authority (VARA), allowing it to provide regulated virtual asset services to retail, professional, and institutional investors. Kraken plans to launch services in the UAE in the coming weeks, including AED-denominated spot and margin trading, direct AED deposits and withdrawals, on-chain staking, and tokenized stock trading via xStocks. Institutional clients will also gain access to OTC spot trading and Kraken Prime services. Crypto derivatives and other products are slated for launch in late 2026 to 2027, subject to further approvals. Payward had received initial approval from VARA in May this year.
16:46
US equity futures rose, and oil prices retreated after Donald Trump announced an energy ceasefire between Russia and Ukraine and a Russian diesel deal.
U.S. equity futures rose and oil prices pulled back despite new attacks in Saudi Arabia. This followed Donald Trump's announcement of an energy ceasefire agreement between Russia and Ukraine, and the Russian diesel agreement also impacted market sentiment.
16:43
China has commenced construction on the world's first utility-scale power plant combining supercritical carbon dioxide power generation with large-scale molten salt energy storage.
China has begun construction on the Ruitan project in Yantai, Shandong province, the world's first utility-scale power plant combining supercritical carbon dioxide power generation with large-scale molten salt energy storage technology. The project aims to reduce energy waste and enhance grid stability by integrating these emerging technologies.
16:39
Indian Equity Funds See Second Month of Inflows as Investors Buy the Dip in September
Flows into Indian equity mutual funds rose for a second month even as stocks tumbled in September, suggesting domestic investors viewed market declines as a buying opportunity.
16:39
Hong Kong SFC has approved six share registrars to facilitate the upcoming scripless securities market regime.

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